Stock Market/Investing

DC

Minister of Archaic Titillations
Donator
Joined:
Aug 20, 2012
Posts:
11,099
Liked Posts:
9,049
Location:
Colorado
I'm a little upset I couldn't afford to buy more.

This sentiment, in general, is me to a T. About a month ago I paid off the mini-van (which I absolutely adore, suck it haters!) with 13K cash. FUCK ME! I haven't invested a penny side from normal 1st of the month Roth IRA contributions and 529 plans for my two boys.

My unsolicited .02 advice for the masses: BUY AS MUCH AS YOU CAN! We won't be in a depression! No industry will go under! This is an easy bounce, IMO.
 

DaaBears

CCS Donator
Donator
Joined:
Aug 21, 2012
Posts:
10,828
Liked Posts:
11,026
bottoms are almost always re tested. So assuming $95 was the bottom, it would be an anomaly to just go straight up from that bottom with no major pullback(s) along the way

The whole world is looking for a testing of the lows, so that isn't happening. Either we will get nowhere near the lows on a pullback, or we will blow right through them.
 

knoxville7

I have the stride of a gazelle
CCS Hall of Fame '22
Joined:
Jul 12, 2013
Posts:
16,726
Liked Posts:
13,210
Location:
The sewers
My favorite teams
  1. Chicago Cubs
  1. Chicago Bulls
  1. Chicago Bears
  1. Tennessee Volunteers
The whole world is looking for a testing of the lows, so that isn't happening. Either we will get nowhere near the lows on a pullback, or we will blow right through them.

luckily, I’ve put myself in a position to do well in any of those 3 scenarios
 

MDB111™

O Doyle Rules
Donator
CCS Hall of Fame '22
Joined:
Oct 7, 2011
Posts:
20,664
Liked Posts:
19,649
Location:
Dongbears is thee worst!
My favorite teams
  1. Chicago Cubs
  1. Chicago Bulls
  1. Chicago Bears
  1. Maryland Terrapins
Honestly hope not. I'd like to put more stake into Boeing and Delta, two stocks I don't intend to keep long term. Probably a couple others as well.
If it rises a few more bucks, I have a one bagger in 4 freaking days! That's insane! I've doubled my money in 4 days...
 

knoxville7

I have the stride of a gazelle
CCS Hall of Fame '22
Joined:
Jul 12, 2013
Posts:
16,726
Liked Posts:
13,210
Location:
The sewers
My favorite teams
  1. Chicago Cubs
  1. Chicago Bulls
  1. Chicago Bears
  1. Tennessee Volunteers
If it rises a few more bucks, I have a one bagger in 4 freaking days! That's insane! I've doubled my money in 4 days...

that’s what makes me feel a big pullback coming in a lot of these names. Shit feels to good to be true, and when that’s the case it’s usually true lol

edit - a Friday sell off seems likely
 

MDB111™

O Doyle Rules
Donator
CCS Hall of Fame '22
Joined:
Oct 7, 2011
Posts:
20,664
Liked Posts:
19,649
Location:
Dongbears is thee worst!
My favorite teams
  1. Chicago Cubs
  1. Chicago Bulls
  1. Chicago Bears
  1. Maryland Terrapins
that’s what makes me feel a big pullback coming in a lot of these names. Shit feels to good to be true, and when that’s the case it’s usually true lol

edit - a Friday sell off seems likely
It's so hard to tell exactly what will happen but I will be buying again if there's a pullback.

Even weed looks juicy again.. CGC looks ripe for another pop to 30 bucks or so.
 

knoxville7

I have the stride of a gazelle
CCS Hall of Fame '22
Joined:
Jul 12, 2013
Posts:
16,726
Liked Posts:
13,210
Location:
The sewers
My favorite teams
  1. Chicago Cubs
  1. Chicago Bulls
  1. Chicago Bears
  1. Tennessee Volunteers
It's so hard to tell exactly what will happen but I will be buying again if there's a pullback.

Even weed looks juicy again.. CGC looks ripe for another pop to 30 bucks or so.

I actually just sold off some things that have had a crazy run up. Didn’t sell off the whole position in any...just took some off in anticipation of the pullback(hopefully tonight’s futures and tomorrow show a drop) to toss that $$ back in at those positions

and I’ve got some pot stock action just waiting
 

MDB111™

O Doyle Rules
Donator
CCS Hall of Fame '22
Joined:
Oct 7, 2011
Posts:
20,664
Liked Posts:
19,649
Location:
Dongbears is thee worst!
My favorite teams
  1. Chicago Cubs
  1. Chicago Bulls
  1. Chicago Bears
  1. Maryland Terrapins
I actually just sold off some things that have had a crazy run up. Didn’t sell off the whole position in any...just took some off in anticipation of the pullback(hopefully tonight’s futures and tomorrow show a drop) to toss that $$ back in at those positions

and I’ve got some pot stock action just waiting
Do you swing trade? I always go into most orders with the intention of being long but I do day/swing trade with several stocks.
 

ijustposthere

Message Board Hero
Donator
CCS Hall of Fame '20
Joined:
Aug 20, 2012
Posts:
33,375
Liked Posts:
27,841
Location:
Any-Town, USA
My favorite teams
  1. Chicago Cubs
  1. Chicago Bulls
  1. Chicago Bears
  1. Chicago Blackhawks
  1. Michigan Wolverines
  2. Purdue Boilermakers
I actually just sold off some things that have had a crazy run up. Didn’t sell off the whole position in any...just took some off in anticipation of the pullback(hopefully tonight’s futures and tomorrow show a drop) to toss that $$ back in at those positions

and I’ve got some pot stock action just waiting

I got into the mj etf in case it explodes.
 

knoxville7

I have the stride of a gazelle
CCS Hall of Fame '22
Joined:
Jul 12, 2013
Posts:
16,726
Liked Posts:
13,210
Location:
The sewers
My favorite teams
  1. Chicago Cubs
  1. Chicago Bulls
  1. Chicago Bears
  1. Tennessee Volunteers
Do you swing trade? I always go into most orders with the intention of being long but I do day/swing trade with several stocks.

typically, not too much. These last two weeks...a good bit more. Tomorrow will be an interesting day for me
 

Omeletpants

Save America
Donator
Joined:
Aug 20, 2012
Posts:
27,619
Liked Posts:
-1,619
My favorite teams
  1. Colorado Rockies
  1. Atlanta United FC
  1. Los Angeles Lakers
  2. Orlando Magic
  3. Phoenix Suns
  4. Sacramento Kings
  1. Columbus Blue Jackets
I have posted the DOW Jones charts since 1900 before

No matter the great depression WWII, crash of 1987, 2001, 2007. The market always roars back It's the since greatest investment in the history of this country
Dow Jones Industrial Average - Wikipedia
 

ijustposthere

Message Board Hero
Donator
CCS Hall of Fame '20
Joined:
Aug 20, 2012
Posts:
33,375
Liked Posts:
27,841
Location:
Any-Town, USA
My favorite teams
  1. Chicago Cubs
  1. Chicago Bulls
  1. Chicago Bears
  1. Chicago Blackhawks
  1. Michigan Wolverines
  2. Purdue Boilermakers
So what is the ETF?
MJ is the symbol. Think that one had the biggest companies and not just based in one country. The weed ticker symbols are pretty damn funny.
 

ijustposthere

Message Board Hero
Donator
CCS Hall of Fame '20
Joined:
Aug 20, 2012
Posts:
33,375
Liked Posts:
27,841
Location:
Any-Town, USA
My favorite teams
  1. Chicago Cubs
  1. Chicago Bulls
  1. Chicago Bears
  1. Chicago Blackhawks
  1. Michigan Wolverines
  2. Purdue Boilermakers
hope you got in ahead of today’s gains. 10% or so up today

I got everything when the dow went under 19k. Problem was lack of cash more than anything. I wasn't planning on opening this account for at least another six months. My cash was spread pretty thin over quite a few stocks because I really didn't have much to spare at the moment without leaving me unprepared for an emergency.
 

knoxville7

I have the stride of a gazelle
CCS Hall of Fame '22
Joined:
Jul 12, 2013
Posts:
16,726
Liked Posts:
13,210
Location:
The sewers
My favorite teams
  1. Chicago Cubs
  1. Chicago Bulls
  1. Chicago Bears
  1. Tennessee Volunteers
The Friday sell off is here!
 

knoxville7

I have the stride of a gazelle
CCS Hall of Fame '22
Joined:
Jul 12, 2013
Posts:
16,726
Liked Posts:
13,210
Location:
The sewers
My favorite teams
  1. Chicago Cubs
  1. Chicago Bulls
  1. Chicago Bears
  1. Tennessee Volunteers
Gave in and took out a small position in BA today. Also, opened one in Honeywell. Added more BAC, JPM, and KO
 

Top