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Misc Stock Market

Jimmy Hypocracy said:
A large portion of my portfolio is tied up in waiting on oil and gold to bounce back. Gains potential is there
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Same here. Waiting and waiting, I really wanted oil to drop close to $5 but that’s not going to happen. Cryptocurrency as well. I will jump if it gets down around 5500.


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NoSnowATL said:
Same here. Waiting and waiting, I really wanted oil to drop close to $5 but that’s not going to happen. Cryptocurrency as well. I will jump if it gets down around 5500.


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Lemme hold a bitcoin or two
 
Looks like MM's going to hold AMRX in tight range the rest of the day...Wonder what's up???

Edit: Now they drop it off a cliff...Lots of shenanigans going on in the market these days...These guys know how to make a buck...They'll scare you into selling all the while loading the their boat, but they do it so it's not obvious...Scoundrels
 
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Storm5 said:
Stimulus vote in 10-15 minutes . I’m convinced that the bill is already priced in but I guess we are about to find out


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That and unemployment. I see a lot of selling . That tells me they are artificially dropping prices to buy later. These guys are smart! I wish I had that power.


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I read somewhere CPE has a range from $0-$8 and averages at a value of $1 in the future. That’s a big range but if it was to get back to $1 I figure that’d make a lot of people on here very happy.
 
Just a little friendly advice, I would not buy/hold any leveraged ETF's right now. They are fine to day trade but they're not really a good investment vehicle to buy and hold IMO due to how they are. If you want to buy/hold I would recommend finding some really solid companies that are beaten down with good financials and low debt and accumulating those... or play the daily pops/drops which is what I have been doing. I'm not comfortable with a buy and hold approach at this point, I think there is more downside ahead until things with the coronavirus and economy stabilizes.
 
Dollar cost averaging is a great idea right now...It's pretty much impossible to time the bottoms of stocks anyway...Might get lucky every now and then...Just freed up some more funds available for Monday to get more AMRX...Going to average down during this drop;)
 
Flurry said:
Dollar cost averaging is a great idea right now...It's pretty much impossible to time the bottoms of stocks anyway...Might get lucky every now and then...Just freed up some more funds available for Monday to get more AMRX...Going to average down during this drop;)
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Good advice, particularly with solid companies. I would rarely, if ever, average into le eraged products. Will lose your shirt...and quite possibly your underwear!
 
Jimmy JNUG is on the struggle bus . I’ve lost my ASS and bags over the last few days . I’m holding the bag at this point if I lose it all so be it . It’s not gonna go to pennies so I’m not too worried about it .

Side note - I’m up 425 on JDST . I’ll be dumping that S*** shortly


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Storm5 said:
Jimmy JNUG is on the struggle bus . I’ve lost my ASS and bags over the last few days . I’m holding the bag at this point if I lose it all so be it . It’s not gonna go to pennies so I’m not too worried about it .

Side note - I’m up 425 on JDST . I’ll be dumping that S*** shortly


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Son of a b****. I was too stubborn to jump on the JDST cheese train at 1.90 yesterday. God I wanted to though. So bad
 
Storm5 said:
Jimmy JNUG is on the struggle bus . I’ve lost my ASS and bags over the last few days . I’m holding the bag at this point if I lose it all so be it . It’s not gonna go to pennies so I’m not too worried about it .

Side note - I’m up 425 on JDST . I’ll be dumping that S*** shortly


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I need my 1200 stimulus check so I can average down my JNUG ?lol

At least we’re not this guy: ????D03AB96C-BABF-4D41-BEA6-5E9C9FF08866.jpeg
 
Jimmy Hypocracy said:
I need my 1200 stimulus check so I can average down my JNUG lol

At least we’re not this guy: View attachment 37956
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Hell yeah I’ll dump all that into JNUG so we can see how Rain Cold reacts ROFL

Or this guy
f03b9efb034a96b8032c27943d8f8a1a.plist



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Apple got crushed to under 250.

Perfect! I was setting my sights on possibly setting an order at 245, but now I might consider waiting until it at least drops below 240 again, although it was below 220 earlier in the week. ?

That's unless Facebook drops faster.
 
The only thing that had a pulse for me today. What a ride at the EOD. Really gets the blood pumping 5260560D-CD21-4566-8CD4-F5D0964283C7.jpeg
 
My main rookie move was buying BLMN for $5 days ago and selling for a quick profit. Then reentering during a bull run. Now I’m stuck on an upper tier. It will pay off 300% eventually but now I have to wait in the red. I’ll do better next time
 
Jimmy Hypocracy said:
My main rookie move was buying BLMN for $5 days ago and selling for a quick profit. Then reentering during a bull run. Now I’m stuck on an upper tier. It will pay off 300% eventually but now I have to wait in the red. I’ll do better next time
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Big week coming next week jimmy . Rest up


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So everyone pretty much down about 20% in there retirement/investment accounts. In 2008 I was able to shift money quicker into cash and weathered that one better. This time I completely dropped the ball.
 
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