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The stock market

278,490 views·4732 replies·by movetheboat·First Post·Latest
BennyV
BennyVFREE2019#181

aint worth the trouble... cellfish...

Depends. If you have the ability to day trade and enough funds to make it worthwhile then I could see it making sense. Short-term capital gains probably suck, but if you can get ahead of the headlines I’m sure that there is a boatload of cash to be made (or lost).

CommodoreOriginal Crew5,665 postsSince 2018
longcast
longcastFREE2019#182

Depends. If you have the ability to day trade and enough funds to make it worthwhile then I could see it making sense. Short-term capital gains probably suck, but if you can get ahead of the headlines I’m sure that there is a boatload of cash to be made (or lost).

As I mentioned, it is a way to enhance the overall return for the year. I do not day trade as in every day, but exactly what you said, if I can get ahead of a headline, or see a correlation between two pieces of information, I react. And by the way, whether long term gain tax rates or short term gain tax rates.................it's a gain. I know the difference in tax, but income is always a wonderful thing! I pay my taxes, keep some and move to the next!

AdmiralOriginal Crew20,417 postsSince 2019
longcast
longcastFREE2019#183

aint worth the trouble... cellfish...

Understood.

AdmiralOriginal Crew20,417 postsSince 2019
movetheboat

made two trades on the party boat today and covered two fares and then some....trend is down...with the normal bounces

CommodoreOriginal Crew12,530 postsSince 2018
BennyV
BennyVFREE2019#185

made two trades on the party boat today and covered two fares and then some....trend is down...with the normal bounces

How was the fishing?

CommodoreOriginal Crew5,665 postsSince 2018
movetheboat

Slowwwwww

CommodoreOriginal Crew12,530 postsSince 2018
movetheboat

now is a good time to go to cash.....by July we will be in the chitter DOW closed at 25,877.33 yesterday....so we shall see

now down to 25126 minus 750 points already..1st qtr gdp out today 3.1 SUCKS!! No help from tax cuts

CommodoreOriginal Crew12,530 postsSince 2018
movetheboat

Mexico getting 5% tariff announced this evening by chit for brains...expect a good azz whooping for the market tomorrow
[URL unfurl="true"]https://www.cnbc.com/2019/05/31/trump-says-us-will-impose-5percent-tariff-on-all-mexican-imports-from-june-10.html[/URL]

CommodoreOriginal Crew12,530 postsSince 2018
movetheboat

financial incompetence
none this was necessary or sane. this is all about emotional thinking
and poor judgement

that said dax -1.71
hang seng -1.62

2 year fell to 1.99

the yield curve is now totally screwed up

there is always an event that brings a financial crash this is it.
it will happen this year.

I expected italy to start the crash and now they are showing the
first signs of collapse

spy 2737 is the monthly bbcl. only 20 points away
when that is lost the bear market confirmation is set

from a good source

CommodoreOriginal Crew12,530 postsSince 2018
BennyV
BennyVFREE2019#190

financial incompetence
none this was necessary or sane. this is all about emotional thinking
and poor judgement

that said dax -1.71
hang seng -1.62

2 year fell to 1.99

the yield curve is now totally screwed up

there is always an event that brings a financial crash this is it.
it will happen this year.

I expected italy to start the crash and now they are showing the
first signs of collapse

spy 2737 is the monthly bbcl. only 20 points away
when that is lost the bear market confirmation is set

from a good source

LOLOL. Lend me your crystal ball I want to get tomorrow’s Powerball numbers.

CommodoreOriginal Crew5,665 postsSince 2018
longcast
longcastFREE2019#191

Wish I had more time to analyze, but actually need to get some work done! I was listening to various programs and the one commentator spoke that China is definitely slowing down (according to his research) and feeling it worse than the US. He went on to explain that companies are fleeing China and setting up shop in other countries and then doing business with the US. His example was the T-shirt industry. These companies leaving China are buying the cotton from the US to produce the product to be sold back to US consumers. Pretty interesting commentary.

AdmiralOriginal Crew20,417 postsSince 2019
wader
waderFREE2019#192

5% tariff potentially going to 25% - markets in free fall.......................

Didn't we just sugn a free trade deal with Mexico? How can you levy taxes when there is a trade ageeement in place?

"Well, it's alright.
.............even if you're old and gray."
"Well, it's alright.
............you still got something to say."
AdmiralOriginal Crew20,900 postsSince 2018
BennyV
BennyVFREE2019#193

5% tariff potentially going to 25% - markets in free fall.......................

Didn't we just sugn a free trade deal with Mexico? How can you levy taxes when there is a trade ageeement in place?

250 points isn’t a free fall. Not with the Dow at 25,000.

Then again you’re retired and I’m basically just hitting my stride from a career standpoint. I only take on risk in my investments that I can tolerate. I have a long horizon so I’m all equities and I’m fine with that.

I’m dollar cost averaging with every new 401k deposit.

CommodoreOriginal Crew5,665 postsSince 2018
movetheboat

another 400 points down off the DOW .....THANKS TO BOZO!!!

CommodoreOriginal Crew12,530 postsSince 2018
movetheboat

now is a good time to go to cash.....by July we will be in the chitter DOW closed at 25,877.33 yesterday....so we shall see

DOW CLOSED 24,815.04

7 trading days later THE DOW IS DOWN 1000 +POINTS!!!!!! Not done yet....more fun coming ...WHEEEEEEEEEEEE!!!!

CommodoreOriginal Crew12,530 postsSince 2018
BennyV
BennyVFREE2019#196

DOW CLOSED 24,815.04

7 trading days later THE DOW IS DOWN 1000 +POINTS!!!!!! Not done yet....more fun coming ...WHEEEEEEEEEEEE!!!!

Let it go to 1000. If you can’t handle the heat get out of the kitchen.

CommodoreOriginal Crew5,665 postsSince 2018
movetheboat

Let it go to 1000. If you can’t handle the heat get out of the kitchen.

MORE like GET OUT OF THE MARKET LOL!!!! guess how mUch i lost.....NADDA!!!

CommodoreOriginal Crew12,530 postsSince 2018
movetheboat

bounce coming monday

CommodoreOriginal Crew12,530 postsSince 2018
longcast
longcastFREE2019#199

Looks like it might open down again.

AdmiralOriginal Crew20,417 postsSince 2019
movetheboat

at this point 100 dow points....will probably go GREEN during the day

CommodoreOriginal Crew12,530 postsSince 2018

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