Money Investing megathread extravaganza - Page 810

**DaFace** · 06:35 PM

A place to talk about investing stuff.

MTG#10 · 12-18-2021, 11:47 AM

Quote:

Originally Posted by DaFace

You're SELLING? What happened to the moon?

(But seriously, I have no issue with that strategy. It makes a hell of a lot more sense than holding on to it forever in hopes that it one day goes nuts.)

I still have my base shares that I'm holding until it moons...and yes it will eventually.

But I bought another lot when it got below $23 on Wed then sold it yesterday at $30 even.

Quote:

Originally Posted by lewdog

You green on YTD gains overall in your account?

Overall I am, especially after yesterday. I haven't done a lot of trading for the last few months though. This market sucks ass overall.

scho63 · 12-18-2021, 12:18 PM

I'm liking Disney here for a long term buy

**Buehler445** · 12-18-2021, 01:54 PM

Quote:

Originally Posted by scho63

I'm liking Disney here for a long term buy

Yeah?

I liked Disney when they had things rolling out during the pandemic when there was NOTHING on. I figured it would drive subscribers to Disney+ but the stock did nothing. I was off the top $5 or something and managed to get out in the green, but mother****er I was sure that would run, scare had come off parks, IDK I was wrong on that.

What are you seeing? You thinking it's going to close the gap? If it takes out the low it might get ugly.

scho63 · 12-18-2021, 04:51 PM

I'm seeing value

**lewdog** · 12-20-2021, 06:41 AM

Another red premarket.

**petegz28** · 12-20-2021, 08:34 AM

Quote:

Originally Posted by lewdog

Another red premarket.

Omicron is getting overblown. All reports are that is is mild. But the fear is still being pumped about the vaccines and such. Which, BTW, ironically keep a the mild variant of Omicron, "mild".

Can't make this shit up.

**lewdog** · 12-20-2021, 08:44 AM

Quote:

Originally Posted by petegz28

Omicron is getting overblown. All reports are that is is mild. But the fear is still being pumped about the vaccines and such. Which, BTW, ironically keep a the mild variant of Omicron, "mild".

Can't make this shit up.

Yes and no.

The concern isn’t with increased severity. The concerns are possible restrictions around the world where healthcare systems are being maxed out again. National guard being called into numerous states again and many states like AZ back near 100% capacity (beds in hallways in many ERs here) while dealing with staffing shortages. And currently the USA hospital system is fairing better than many European counterparts.

It’s the fear of the unknown the market isn’t liking.

neech · 12-20-2021, 08:46 AM

I'm waiting for the market to level out, this could go on for awhile.

**petegz28** · 12-20-2021, 08:50 AM

Quote:

Originally Posted by lewdog

Yes and no.

The concern isn’t with increased severity. The concerns are possible restrictions around the world where healthcare systems are being maxed out again. National guard being called into numerous states again and many states like AZ back near 100% capacity (beds in hallways in many ERs here) while dealing with staffing shortages. And currently the USA hospital system is fairing better than many European counterparts.

It’s the fear of the unknown the market isn’t liking.

We are overblowing a lot of that fear. Delta is still the Covid threat. Our system is filling up beds too but Covid is not the only reason despite news porn.

The restrictions are going in right now out of fear of what might be not what is. Nothing to do but you are correct, fear of the unknown is what is spooking the market.

**lewdog** · 12-20-2021, 08:51 AM

Quote:

Originally Posted by neech

I'm waiting for the market to level out, this could go on for awhile.

That’s the best plan.

It feels much worse to work hard for gains for months, only to attempt to trade in a down market, seeing you give back months of gains in a week or two.

**petegz28** · 12-20-2021, 08:52 AM

Quote:

Originally Posted by neech

I'm waiting for the market to level out, this could go on for awhile.

The next two weeks are going to suck.

1. Tax loss selling

2. Thin trading because people are on vacation

**petegz28** · 12-20-2021, 08:58 AM

I don't like where we are but oddly enough this morning the QQQs are showing a modicum of support right around the $380 level which is where we found support on 12/6.

The SPYs aren't quite to that same level. Both gapped down on the open below the 50 say SMA so I wouldn't put a ton of stock (no pun intended) on the bounces off the lows so far today.

Iconic · 12-20-2021, 10:26 AM

it's short szn baby

**lewdog** · 12-20-2021, 06:58 PM

I think the recent swings with AMC are hedge pump and dumps. Another way to shakeout retail.

eDave · 12-20-2021, 07:27 PM

Quote:

Originally Posted by lewdog

I think the recent swings with AMC are hedge pump and dumps. Another way to shakeout retail.

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $26899	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 52,558

12-18-2021, 12:18 PM	#12137
scho63 Politically Incorrect Join Date: Feb 2009 Location: Scottsdale, AZ Casino cash: $771110	I'm liking Disney here for a long term buy __________________ *"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"* ~Redd Foxx~ ~~2018 2019 2020 20212022 2023~~ 2024 Adopt a Chief - Clark Hunt and Brett Veach "The men who drafted Patrick Mahomes"
Posts: 52,955

12-18-2021, 04:51 PM	#12139
scho63 Politically Incorrect Join Date: Feb 2009 Location: Scottsdale, AZ Casino cash: $771110	I'm seeing value __________________ *"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"* ~Redd Foxx~ ~~2018 2019 2020 20212022 2023~~ 2024 Adopt a Chief - Clark Hunt and Brett Veach "The men who drafted Patrick Mahomes"
Posts: 52,955	1 0

12-20-2021, 06:41 AM	#12140
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $-68100	Another red premarket.
Posts: 46,154

12-20-2021, 08:46 AM	#12143
neech MVP Join Date: Mar 2019 Location: KC Casino cash: $3450400	I'm waiting for the market to level out, this could go on for awhile.
Posts: 7,619

12-20-2021, 08:58 AM	#12147
petegz28 Supporter Join Date: Feb 2005 Location: Olathe, Ks Casino cash: $794127	I don't like where we are but oddly enough this morning the QQQs are showing a modicum of support right around the $380 level which is where we found support on 12/6. The SPYs aren't quite to that same level. Both gapped down on the open below the 50 say SMA so I wouldn't put a ton of stock (no pun intended) on the bounces off the lows so far today.
Posts: 130,133

12-20-2021, 10:26 AM	#12148
Iconic It's just a ride. Join Date: Dec 2010 Casino cash: $3360360	it's short szn baby __________________ 12·12·11 回 RIP Turd Haley
Posts: 7,653

12-20-2021, 06:58 PM	#12149
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $-68100	I think the recent swings with AMC are hedge pump and dumps. Another way to shakeout retail.
Posts: 46,154