pat Posted March 17, 2020 Report Share Posted March 17, 2020 I'm not sure holding on to US dollars is an effective hedge against the influence of Trump. There really aren't many safe havens. - international stocks are down too - real estate seems inflated - governments are getting sh*t on so bonds seems a poor bet My personal goal is to buy the empty lot next to my house. Hopefully things are painful enough that the developer gives up on it Link to post Share on other sites More sharing options...
Starkiller Posted March 17, 2020 Report Share Posted March 17, 2020 Invest in toilet paper futures! Link to post Share on other sites More sharing options...
Jamalisms Posted March 17, 2020 Report Share Posted March 17, 2020 Those futures drifted on down. Link to post Share on other sites More sharing options...
OilerTitanHybrid Posted March 17, 2020 Report Share Posted March 17, 2020 Got this biotch of a market right where I want it! Up, up and away! Seriously though, this area is the line in the sand and why I bought on Thursday. It's the 61.8% fib retrace from the lows when Trump got in, to the recent highs. So, if it can't hold here, it might go back to where it was when Trump took office. lol Link to post Share on other sites More sharing options...
ChemEngr79 Posted March 17, 2020 Report Share Posted March 17, 2020 (edited) Not sure if we get a 4th dead cat bounce today or more downward drift... My next buy in point is ~19k... Edited March 17, 2020 by ChemEngr79 Link to post Share on other sites More sharing options...
abenjami Posted March 17, 2020 Author Report Share Posted March 17, 2020 Airlines are getting hammered but that was expected. Link to post Share on other sites More sharing options...
abenjami Posted March 17, 2020 Author Report Share Posted March 17, 2020 Just crept under 20k... Link to post Share on other sites More sharing options...
ChemEngr79 Posted March 17, 2020 Report Share Posted March 17, 2020 8 minutes ago, abenjami said: Airlines are getting hammered but that was expected. They will be in a cash crunch very soon... Link to post Share on other sites More sharing options...
abenjami Posted March 17, 2020 Author Report Share Posted March 17, 2020 2 minutes ago, ChemEngr79 said: They will be in a cash crunch very soon... Yeah but they will get a bail out. If they start trading below book value I'm in. Link to post Share on other sites More sharing options...
ChemEngr79 Posted March 17, 2020 Report Share Posted March 17, 2020 (edited) 6 minutes ago, abenjami said: Just crept under 20k... I wonder how much of a physiological effect dropping through the 20k line will cause in the market: Edited March 17, 2020 by ChemEngr79 Link to post Share on other sites More sharing options...
abenjami Posted March 17, 2020 Author Report Share Posted March 17, 2020 25 minutes ago, ChemEngr79 said: I wonder how much of a physiological effect dropping through the 20k line will cause in the market: Not much so far lol. But Amazon just announced prioritizing deliveries so it might hit the fan soon. ChemEngr79 1 Link to post Share on other sites More sharing options...
Jamalisms Posted March 17, 2020 Report Share Posted March 17, 2020 Utility stock is ... going up. Link to post Share on other sites More sharing options...
abenjami Posted March 17, 2020 Author Report Share Posted March 17, 2020 I'm probably going to buy a load of Starbucks soon for a long term hold. Price is too good right now. Link to post Share on other sites More sharing options...
OilerTitanHybrid Posted March 17, 2020 Report Share Posted March 17, 2020 Nobody but me is buying at these prices! Don't any of y'all buy squat! Just be good sheep and watch the market go back up to where it was before! Then cry me a river, because everybody got scared of the weak ass virus that has a 50% recovery rate! LOL BUY! BUY! BUY! God damnit! Don't be a tard! BUY! lmao Link to post Share on other sites More sharing options...
Starkiller Posted March 17, 2020 Report Share Posted March 17, 2020 Why would anyone be buying right now??? Link to post Share on other sites More sharing options...
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