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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Old 03-07-2022, 08:29 PM   #12526
lewdog lewdog is offline
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Originally Posted by MTG#10 View Post
Bought 150 more AMC today @ 15, average down to 21.32/share now. Still up big overall, and will be buying this site from Kyle when it rips again.
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Originally Posted by -King- View Post
Wut?
Still up big? With what? AMC is down 78% from it's all time high. Deciding to die on a hill with real money just seems foolish, all while claiming you're up "big."

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Originally Posted by Buehler445 View Post
I'm presuming he's getting the "up big" comment from sales he made while it was high.

It's like, the only way.
He just bought at 15 and his average is still up at 21.32. AMC needs to go up 41% for him to break even from it's current price.

That's math.

And look at that trend line!!!!
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Old 03-07-2022, 08:59 PM   #12527
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LOL bunch of rookies hitting their first bear market.

Either learn how to trade and take money of the table quickly daily/weekly or decide you're in it for the long haul and invest money when things are down in solid companies, ETFs or index funds.

What's 3 more years? I don't think this will be a massive bear market and I do think we'll get a solid ride to all-time highs sometime in the next 1-2 years before a monster 50%+ bear comes along in 2-4 years. But again, it's all speculation and if one person out there could perfect timing the market.....we'd all be rich.
Rookie-I was trading stocks when you were still in diapers. I am invested for the long-term / Div income and have done well. It is pretty obvious that this administration does not plan on doing anything about oil prices or inflation.

I don't feel like taking a ride to the bottom when I can protect my gains and then get back in after the long slide.

BTW I Am invested in ETF's and "solid" companies. Everything has been in a downward spiral and I don't see any good news on the horizon to make things change.
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Old 03-07-2022, 09:05 PM   #12528
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LOL, Warren Buffett would call you a fool.
Buffet has invested in plenty of dogs over the last few years. Maybe if I had a massive war chest like he has- I would do some bargain shopping.

The only thing propping up the economy from a complete collapse is the Real Estate market- which is on the biggest bubble I have ever seen.

All you need to do is look back on the Obama years to see where we are headed. They are talking about $200 bucks for a barrel of oil.

Next big Green day- I am out.
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Old 03-07-2022, 09:12 PM
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Old 03-07-2022, 09:14 PM   #12529
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Rookie-I was trading stocks when you were still in diapers. I am invested for the long-term / Div income and have done well. It is pretty obvious that this administration does not plan on doing anything about oil prices or inflation.

I don't feel like taking a ride to the bottom when I can protect my gains and then get back in after the long slide.

BTW I Am invested in ETF's and "solid" companies. Everything has been in a downward spiral and I don't see any good news on the horizon to make things change.
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Buffet has invested in plenty of dogs over the last few years. Maybe if I had a massive war chest like he has- I would do some bargain shopping.

The only thing propping up the economy from a complete collapse is the Real Estate market- which is on the biggest bubble I have ever seen.

All you need to do is look back on the Obama years to see where we are headed. They are talking about $200 bucks for a barrel of oil.

Next big Green day- I am out.
I definitely don't like where we are headed either but choosing to sit out of the market fully because you don't like the president has been proven to be foolish.

And if you missed out on the gains during the Obama years, it's truly my apologies to you, grandpa.
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Old 03-07-2022, 09:26 PM   #12530
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I definitely don't like where we are headed either but choosing to sit out of the market fully because you don't like the president has been proven to be foolish.

And if you missed out on the gains during the Obama years, it's truly my apologies to you, grandpa.
Liking or not liking the President has nothing to do with what is happening in the real world.

Gas going up 20 cents a day is unsustainable. I just paid $118.00 for groceries at Walmart- that were less than $100 two week ago- again unsustainable. People paying 30-40% over list price for homes- unsustainable.

If you can't see that the economy is headed for a major recession- my apologies to you as well.
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Old 03-07-2022, 09:29 PM
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Old 03-07-2022, 09:36 PM   #12531
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All you need to do is look back on the Obama years to see where we are headed.
So are we headed for 150% gains?!?!?!?!

/see the chart on presidents

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If you can't see that the economy is headed for a major recession- my apologies to you as well.
I agree but when and how far that happens in the stock market is hard to know. If you sell now you've already absorbed a 20% loss in the NASDAQ. How will you know when to get back in? What if the market rebounds from here back to all-time highs?
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Old 03-07-2022, 09:37 PM   #12532
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See my post earlier # 12593 and get a clue.
Is that the same post where you made a penny before falling back to even?

I bought into a few energy stocks after the Covid crash. All of them have doubled and are good Div companies.
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Old 03-07-2022, 09:48 PM   #12533
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So are we headed for 150% gains?!?!?!?!

/see the chart on presidents



I agree but when and how far that happens in the stock market is hard to know. If you sell now you've already absorbed a 20% loss in the NASDAQ. How will you know when to get back in? What if the market rebounds from here back to all-time highs?
I will still be investing in my 401 k and company stock purchases- the company match will help offset any short-term losses.

I am only looking to protect the gains in my stock account. I am not sure why you think this is such a bad move considering the state of the union.
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Old 03-08-2022, 04:54 AM   #12534
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The only thing propping up the economy from a complete collapse is the Real Estate market- which is on the biggest bubble I have ever seen.
This is going to pop hard.

I go on Realtor.com a lot and check out the Property History to see what the house sold for last and when.

When I see a townhome of 2,200 sq ft sell for $895,000 when it sold at $375,000 just 5 years ago, you know this shit is going to end bad.

I can't speak to every market in the US but Phoenix area is in a massive bubble and so are many other markets.

Bubbles never end well.

The end will occur when everyone says to buy Real Estate, can't lose.
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Old 03-08-2022, 06:56 AM   #12535
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I will still be investing in my 401 k and company stock purchases- the company match will help offset any short-term losses.

I am only looking to protect the gains in my stock account. I am not sure why you think this is such a bad move considering the state of the union.
Well thanks for clarifying because initially you made it sound like you were ALL out across the board.

I'm continuing DCA into my 401k and ROTH IRA but I've been basically 100% cash in my trading account for months as setups for trading have been poor.
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Old 03-08-2022, 11:16 AM   #12536
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HALFCAN IT’S time to sell.

Green!!!!
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Old 03-08-2022, 01:19 PM   #12537
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Old 03-08-2022, 01:39 PM   #12538
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This market feels like........................



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Old 03-08-2022, 02:13 PM   #12539
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These are the times I'm glad I don't bother day trading. Seems stressful.
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Old 03-08-2022, 02:18 PM   #12540
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These are the times I'm glad I don't bother day trading. Seems stressful.
It too hard in this environment and if a day trader says they’re doing ok, they’re lying to you and themselves.
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