ChemEngr79 Posted April 1, 2020 Report Share Posted April 1, 2020 Futures indicate the "pile of bodies in the corner" are starting to become noticeable... Down about 700 points currently... OILERMAN, and Starkiller 2 Link to post Share on other sites More sharing options...
OILERMAN Posted April 1, 2020 Report Share Posted April 1, 2020 1 minute ago, ChemEngr79 said: Futures indicate the "pile of bodies in the corner" are starting to become noticeable... I read this morning Trump talking about death counts of 200k+ sent the futures lower Fine by me, I was planning on buying today ChemEngr79 1 Link to post Share on other sites More sharing options...
ChemEngr79 Posted April 1, 2020 Report Share Posted April 1, 2020 Just now, OILERMAN said: I read this morning Trump talking about death counts of 200k+ sent the futures lower Fine by me, I was planning on buying today You have a long-term plan and are executing it. Nothing wrong with that. I am willing to wait for prices to head below 20k prior to starting buying back into the market. I suspect that April/May will have some good buying opportunities...TBD. OILERMAN 1 Link to post Share on other sites More sharing options...
OILERMAN Posted April 1, 2020 Report Share Posted April 1, 2020 3 minutes ago, ChemEngr79 said: You have a long-term plan and are executing it. Nothing wrong with that. I am willing to wait for prices to head below 20k prior to starting buying back into the market. I suspect that April/May will have some good buying opportunities...TBD. Certainly could. The two questions to me are what will the markets do when things start getting really bad in other parts of the country and how will it respond when congress passes more stimulus bills? Who knows. With my 401ks and Vanguard stuff I buy about 3 times a month anyway so I'll get the lows to some degree ChemEngr79 1 Link to post Share on other sites More sharing options...
ChemEngr79 Posted April 1, 2020 Report Share Posted April 1, 2020 (edited) 10 minutes ago, OILERMAN said: Certainly could. The two questions to me are what will the markets do when things start getting really bad in other parts of the country and how will it respond when congress passes more stimulus bills? Who knows. With my 401ks and Vanguard stuff I buy about 3 times a month anyway so I'll get the lows to some degree My assessment is that the general direction will be down in the coming 1-2 months with the stimulus trying to catch up with the need and lagging behind. However, trying to predict what happens day to day at this point is an exercise in futility with the VIX hanging out around 60... Timing the buy is going to be very tricky, but if it goes well can move my retirement forward several years... Edited April 1, 2020 by ChemEngr79 Starkiller, and OILERMAN 2 Link to post Share on other sites More sharing options...
Jamalisms Posted April 1, 2020 Report Share Posted April 1, 2020 This market isn't moving on fundamentals. It's almost completely disconnected. I'm going on uncertainty + general bad news and staying away. The body count will rise significantly and the actual economic news will be brutal for awhile. No rush to rejoin. ChemEngr79, and Starkiller 2 Link to post Share on other sites More sharing options...
OilerTitanHybrid Posted April 1, 2020 Report Share Posted April 1, 2020 Damn, my 4.60 buy of X that I posted in that long term stock thread is ripping the market's ass! X just crossed over 7 bucks. Logan!!! Might be from Trump announcing that he wants congress to put 2 trillion into infrastructure, who knows. SELLSELLSELL!!! OILERMAN 1 Link to post Share on other sites More sharing options...
OILERMAN Posted April 1, 2020 Report Share Posted April 1, 2020 I bought 131 shares of VYM just Now, roughly 30.00 a share cheaper than the Feb high, I bought 57 shares Mar 1 roughly 11-12 dollars a share cheaper OilerTitanHybrid 1 Link to post Share on other sites More sharing options...
OilerTitanHybrid Posted April 1, 2020 Report Share Posted April 1, 2020 14 minutes ago, OILERMAN said: I bought 131 shares of VYM just Now, roughly 30.00 a share cheaper than the Feb high, I bought 57 shares Mar 1 roughly 11-12 dollars a share cheaper Damn good there. Keep buying! If only we could manage to live long enough to see Buffett's DOW 1 million prediction hit the mark. lol Ah, what a day that will be... OILERMAN 1 Link to post Share on other sites More sharing options...
Starkiller Posted April 1, 2020 Report Share Posted April 1, 2020 Down about 1000 now Link to post Share on other sites More sharing options...
wiscotitansfan Posted April 1, 2020 Report Share Posted April 1, 2020 I have gotten lucky with ATHX when I read that they were getting something fast tracked by the FDA for this and bought a bunch at 1.22 a couple weeks ago or so and it’s has basically kept me at break even from before Corona because I swapped enough money from other places in my portfolio into it Link to post Share on other sites More sharing options...
ChemEngr79 Posted April 1, 2020 Report Share Posted April 1, 2020 Down 1040 and still dropping. I doubt this will be the last > 1000 point drop of this cycle... Starkiller, and pat 2 Link to post Share on other sites More sharing options...
abenjami Posted April 1, 2020 Author Report Share Posted April 1, 2020 I liquidated my KO at a good point today to lock in another small gain. Other than a small investment I am holding in MAC for the long term, here is the remainder of my current portfolio holdings: Mythos27 1 Link to post Share on other sites More sharing options...
Mythos27 Posted April 1, 2020 Report Share Posted April 1, 2020 1 hour ago, abenjami said: I liquidated my KO at a good point today to lock in another small gain. Other than a small investment I am holding in MAC for the long term, here is the remainder of my current portfolio holdings: How long would you suggest I hold off before diving in? A month or two? Link to post Share on other sites More sharing options...
OILERMAN Posted April 1, 2020 Report Share Posted April 1, 2020 43 minutes ago, Mythos27 said: How long would you suggest I hold off before diving in? A month or two? 4 years!!!! Downtown, and Mythos27 2 Link to post Share on other sites More sharing options...
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