OilerTitanHybrid Posted April 2, 2020 Report Share Posted April 2, 2020 It's the end of the world and yet the mighty market rolls on! And the peeps be scared like... Repent now all ye sinners and buy those damn stocks! Hell... fucking... yes... lol Drinking too much damn coffee already! Carry on stock soldiers... Link to post Share on other sites More sharing options...
Jamalisms Posted April 2, 2020 Report Share Posted April 2, 2020 6.6 million unemployed? RISING MARKETS! Hard pass. ChemEngr79 1 Link to post Share on other sites More sharing options...
abenjami Posted April 2, 2020 Author Report Share Posted April 2, 2020 Tomorrow should be interesting. The last 2 Fridays were both down market days and I will be surprised if we don't get a 3rd one tomorrow given the death rate is rising and not flattening off yet. ChemEngr79 1 Link to post Share on other sites More sharing options...
abenjami Posted April 2, 2020 Author Report Share Posted April 2, 2020 (edited) 4 hours ago, Mythos27 said: I've got some disposable income right now that I could start up with but given the general uncertainty of the moment we're in, holding on to some cash gives me a sense of security. I think I will buy in incrementally over a few weeks as you suggested once I start though. You should at least get your account opened now so that it's ready to go when you get your handout check. Also, make sure you have the wire information handy so you can get the funds deposited right away and not have to wait a few days. And if this is long term, you should open an IRA if you don't already have another retirement plan. Edited April 2, 2020 by abenjami Mythos27 1 Link to post Share on other sites More sharing options...
abenjami Posted April 2, 2020 Author Report Share Posted April 2, 2020 On 4/1/2020 at 7:40 AM, OilerTitanHybrid said: 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!!! Hope you sold it. X is down... Link to post Share on other sites More sharing options...
OILERMAN Posted April 2, 2020 Report Share Posted April 2, 2020 The odd thing about the unemployment numbers is those people have jobs they just can’t go to work Link to post Share on other sites More sharing options...
OilerTitanHybrid Posted April 2, 2020 Report Share Posted April 2, 2020 2 minutes ago, abenjami said: Hope you sold it. X is down... Old man Logan's gonna be ok, he just needs his corn liquor to get him going again. lol Link to post Share on other sites More sharing options...
Starkiller Posted April 2, 2020 Report Share Posted April 2, 2020 (edited) 35 minutes ago, OILERMAN said: The odd thing about the unemployment numbers is those people have jobs they just can’t go to work Some, but a lot got laid off or were gig workers and there are no gigs left Edited April 2, 2020 by Starkiller Link to post Share on other sites More sharing options...
ChemEngr79 Posted April 2, 2020 Report Share Posted April 2, 2020 (edited) 1 hour ago, OILERMAN said: The odd thing about the unemployment numbers is those people have jobs they just can’t go to work The sad reality is that some proportion of those people (~10-30%?) will not have jobs when this is over... Edited April 2, 2020 by ChemEngr79 Link to post Share on other sites More sharing options...
Jamalisms Posted April 2, 2020 Report Share Posted April 2, 2020 Just now, ChemEngr79 said: The sad relatively is some of those people (~10-30%?) will not have jobs when this is over... Gonna be a lot of people who didn't pay mortgage and rent who lose homes as well, barring legislation that addressing something other than the business side of things. Link to post Share on other sites More sharing options...
OilerTitanHybrid Posted April 2, 2020 Report Share Posted April 2, 2020 I haven't checked this out yet, but I wonder how the market did back in 1918, when that pandemic happened? Couldn't have lasted too long, because the time period after that was known as the roaring 20's. This shit should have happened a couple years ago in 2018 and by now we'd be starting our own roaring 20's, 100 years later. Gotta get this virus shit out of the way and start roaring again! Link to post Share on other sites More sharing options...
Jamalisms Posted April 2, 2020 Report Share Posted April 2, 2020 I can do without what came after the roar. OilerTitanHybrid 1 Link to post Share on other sites More sharing options...
OilerTitanHybrid Posted April 2, 2020 Report Share Posted April 2, 2020 Yeah, me too. We don't need no 1929 crash/depression shit happening 100 years later. Oilerman says bring that shit on, he'll be retired by then anyway. Or damn near. Link to post Share on other sites More sharing options...
OILERMAN Posted April 2, 2020 Report Share Posted April 2, 2020 I posted an article, if you dollar cost averaged into the market after the Great Depression you did fine Link to post Share on other sites More sharing options...
Jamalisms Posted April 2, 2020 Report Share Posted April 2, 2020 How about before the Great Depression? Link to post Share on other sites More sharing options...
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