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03-14-2022, 05:11 PM | #12586 |
Politically Incorrect
Join Date: Feb 2009
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Sometimes I think so.....
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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03-14-2022, 06:42 PM | #12587 |
Mod Team
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I can’t imagine this is the bottom.
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03-15-2022, 04:42 AM | #12588 |
Veteran
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03-15-2022, 06:42 AM |
Hog's Gone Fishin |
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Reason: Screw it
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03-15-2022, 07:08 AM | #12589 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $771110
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I'm going to take about 10-12K and start to nibble at small positions of good stocks that have been beaten down.
I need to run some screens...
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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03-16-2022, 08:01 AM | #12590 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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SPYs opened above the 20 day SMA. Could possibly be the first day where all the price action is above the average since early February.
That's the good news... QQQs are up against the 20 day SMA and could turn back down. That's the bad news. A positive week of price action would go a long way to start taking the down trend out of this market. |
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03-16-2022, 11:11 AM | #12591 |
Veteran
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Interesting article- stock pickers consistently can’t beat the S&P.
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03-16-2022, 11:15 AM | #12592 |
Seize life. Be an ermine.
Join Date: Jul 2001
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VARSITY
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I've come to the conclusion that a big part of this is the massive tech stocks that are so heavily weighted. The only way to beat the S&P for the past several years is to overweight yourself in the FAANGs, which goes against the traditional strategy of diversification. You're either diversified and underperforming the index, or you're overweighted and hoping that none of those stocks melts down.
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03-16-2022, 12:36 PM |
Hog's Gone Fishin |
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03-16-2022, 01:06 PM | #12593 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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1/4 point rate hike...Fed sees 6 more coming this year. Market had sold off but is trying to bounce back here.....
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03-16-2022, 01:29 PM | #12594 | |
Kind of a mod
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Quote:
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3 0 |
03-16-2022, 01:59 PM | #12595 |
Banned
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03-16-2022, 02:03 PM | #12596 |
Supporter
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Hell of a session today. Almost too good.
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03-16-2022, 02:06 PM | #12597 |
Cheat Death
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Puts on any techs+5% today if yous a real one
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03-16-2022, 02:08 PM | #12598 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $794127
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Most people can't outperform the market most of the time.
I read a book that went back and quantified all the expert predictions, etc., and it was like an 80% fail rate. I mean unless you do a shit ton of research and understand what you are actually reading, and then concentrate your holdings and then hold them for a long period of time, then I agree, index funds and ETFs. |
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03-16-2022, 03:34 PM | #12599 | |
Mod Team
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Quote:
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03-16-2022, 03:42 PM | #12600 |
Fish are scared of me
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If only the stock pickers were members of CP
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