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Stock Thread 2018

? i posted about that? i cranked the water heater up but have sinced moved Apts and haven't done it here yet. Plan on putting that off as long as the wife doesn't say anything :laughing

Nah, I just noticed your Location tag, "Kens mom's house". I assumed you were giving me crap about my mother in law's condo postings......:cool
 
long term investor/swing trader.

Dropped most of my profits in the C word that we cannot talk about in this thread.


Left a good chunk in stocks though. Like everyone else stated I think there is going to be a massive correction, so I might be exiting my positions soon.
 
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Stock fundamental question.

You buy 100 shares at $25. Stocks doing well, gets to $31.

Is is worth buying more at $31? I guess it depends if one feels the stock will continue to rise.


I would also look at how many X the stock is trading at.
 
I have talked with friends almost everyone feel a big correction is near. The question is when. It could be next week, next month, or next year.

Last Dec when the dip I thought shit went down, almost exit my positions.
 
I have talked with friends almost everyone feel a big correction is near. The question is when. It could be next week, next month, or next year.

Last Dec when the dip I thought shit went down, almost exit my positions.

The important thing is, why do they think that? Without a good reason it's just group-think.
 
Nah, I just noticed your Location tag, "Kens mom's house". I assumed you were giving me crap about my mother in law's condo postings......:cool

O, fuck, different Ken entirely, sorry about that. Old old old joke.

The important thing is, why do they think that? Without a good reason it's just group-think.

I agree with this, but there will absolutely be a pullback and correction. Why? There always is, it's how the market works. The important questions are how long and how deep.

I called a couple days ago that I am getting nervous, and we are seeing the market stall right now after a rapid run up, which is often a sign of an impending correction. Am I selling? I closed a couple positions and opened a couple, lol.
 
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JesasaurusRex said:
Sooner or later there's going to be a recession and redrum will say he told us so. "I've been saying it for 20 years and nobody would listen!" I can see it now

Newp. I've only been cognizant of all this shit for the last 10 years. "Recession" will not even begin to describe what is coming. Reset, more likely.

Blankpage said:
And the market has been climbing for a long time. But if you slept better at night all this time knowing you had a bag of gold buried in the back yard who am I to judge.

afm199 said:
I first heard the "end is coming" in the sixties. Still waiting.

The exponential rise of the stock market, derivatives and other leveraged instruments, national debt, household debt, student loan debt, consumer loans held by the govt, subprime auto loan risk, Americans on food stamps, once-again global housing price index and on and on and on... have not been the norm "for a long time".

Federal authorities have not been keeping the stock market artificially afloat with billions of stimulus dollars "for a long time".

90% of S&P 500 profits have not been spent on corporate buybacks and dividends "for a long time".

High-frequency trading bots with fancy algorithms have not accounted for 70%+ of market volume "for a long time".

However... you know what also hasn't been around for a long time? The internet. Broad and deep information for the masses.

Couple all the dire systemic issues (above is just a sampling) with the fact that common people are being exposed to and researching certain truths at an exponential rate. It is for this reason that I believe we're nearing critical mass.
 
The exponential rise of the stock market, derivatives and other leveraged instruments, national debt, household debt, student loan debt, consumer loans held by the govt, subprime auto loan risk, Americans on food stamps, once-again global housing price index and on and on and on... have not been the norm "for a long time".

Federal authorities have not been keeping the stock market artificially afloat with billions of stimulus dollars "for a long time".

90% of S&P 500 profits have not been spent on corporate buybacks and dividends "for a long time".

High-frequency trading bots with fancy algorithms have not accounted for 70%+ of market volume "for a long time".

However... you know what also hasn't been around for a long time? The internet. Broad and deep information for the masses.

Couple all the dire systemic issues (above is just a sampling) with the fact that common people are being exposed to and researching certain truths at an exponential rate. It is for this reason that I believe we're nearing critical mass.

What should i do?!?!
 
What should i do?!?!

A hat and a sluice box


cropped-3-men-and-a-dog-panning-for-gold-c-1889-daniel-hagerman.jpg
 
GE and Ford sound like good buys.

Aurora Cannabis likely going to pop tomorrow/this week. They've been trying to acquire Cannimed in a hostile deal. Cannimed is trying buy Nestrike. NOW.....Aurora which is larger, is looking to buy both Cannimed and Newstrike.

Harvest One I'm also looking to. Need to research more. But at under $2.00, they look good too.
 
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