MARGIN CALLS will cause more selling......hopefully Wednesday we get a significant bounce...next circuit breaker is 13% WOW!!!
The stock market
Stock market looks ready to ROLL OVER.....APPLE getting hit...WALMART missed top and bottom line.......my "guess" we slide into the summer and re-bound into the elections.....cash is KING!!! We could bounce around before the plunge
Zoltar was right, “ CASH IS KING “...
... sand under my bare feet is better than subway steps with steel toe boots on... cellfish...
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Capitulation yesterday....market short in the hole...they will get punished
Big bounce
Bounce today, and then a Double Black Diamond Ski Trail on Wednesday...
The "short game" will be the new game in town for a while...
Best advice for your 401(k) - Make believe it's your face, DO NOT TOUCH!! Ignore the market for the next few weeks...
Veni. Vidi. Cepi. - with apologies to Gaius Julius Caesar
Not bouncing all that much. Was at the open - now settling down - will probably be in negative numbers by tomorrow. Nothing to base that on just my own dismissal outlook. I truly hope I'm wrong.
.............even if you're old and gray."
"Well, it's alright.
............you still got something to say."
CRAZY DAY...WHIP SAW
so we should see more up early tomorrow....then those margin calls from monday are due....so a BAAAAAAD afternoon
maybe no up tomorrow...futures sucking wind already....they will punish those with margin calls making them sell out cheap
The impact on the economy from all this corona is no joke.....IMHO we will see a recession and bear market.....way overdue anyway....or maybe this crap will disappear as fast as it showed up
Not bouncing all that much. Was at the open - now settling down - will probably be in negative numbers by tomorrow. Nothing to base that on just my own dismissal outlook. I truly hope I'm wrong.
EL already down $2.38 a share in after hours trading.........
[URL unfurl="true"]https://finance.yahoo.com/quote/EL?p=EL[/URL]
.............even if you're old and gray."
"Well, it's alright.
............you still got something to say."
Just look at da bright side, markets are back to a point one year ago or so and ya have a whole year to live over again... cellie... ?
... sand under my bare feet is better than subway steps with steel toe boots on... cellfish...
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Just look at da bright side, markets are back to a point one year ago or so and ya have a whole year to live over again... cellie... ?
[MEDIA=youtube]SJUhlRoBL8M[/MEDIA]
Veni. Vidi. Cepi. - with apologies to Gaius Julius Caesar
Just look at da bright side, markets are back to a point one year ago or so and ya have a whole year to live over again... cellie... ?
that's fine if you're not retired & living off of your 401K & Mutual Funds & potentially living with a Democratic President which the Markets may not respond well to
.............even if you're old and gray."
"Well, it's alright.
............you still got something to say."
that's fine if you're not retired & living off of your 401K & Mutual Funds & potentially living with a Democratic President which the Markets may not respond well to
Hey, that'll be me too, BUT we dumped most market exposure a few years ago because we were still smarting from 2008, and just about ended all market exposure on The Admiral's insistence for her 401(k) back in November. Yup, we made less $$ on guaranteed return FDIC insured instruments, but the principle will always be there...
I'm seriously tempted to set up a small trading account to go bottom feeding on some bluechips w/decent dividends when it looks like the worst is over. It'll let me go ahead and buy into the 3 or 4 companies I keep saying, "Why didn't I buy that stock 5 years ago?" But I'll take profit every time something grows 20%. Cash is always king...
Veni. Vidi. Cepi. - with apologies to Gaius Julius Caesar
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