Current Events > Stocks are screwed tomorrow...

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whitelytning
03/22/20 7:55:05 PM
#1:


Futures hit the 5% down limit in like five minutes, it looks like the federal bill is dead, more states are in lockdown and unemployment numbers come out Thursday that are going to be disastrous.

All in on puts for the next two weeks if you can.

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SiO4
03/22/20 7:55:55 PM
#2:


Time to short sell.
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CableZL
03/22/20 7:56:37 PM
#3:


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Doe
03/22/20 7:56:38 PM
#4:


Positive side: I have no assets to lose at 19

Other hand: I have no capital to wager with

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divot1338
03/22/20 8:00:29 PM
#5:


Storks are screwed.

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Metua
03/22/20 8:02:12 PM
#6:


Really glad I held off on investing. >_>

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#7
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#8
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Irony
03/22/20 8:07:00 PM
#9:


Good

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NightMarishPie
03/22/20 8:09:50 PM
#10:


Explain it to me like I'm a huge dumbass with stocks (I am). Are they gonna be super low? If so, wouldn't that mean buy?

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Irony
03/22/20 8:10:36 PM
#11:


NightMarishPie posted...
Explain it to me like I'm a huge dumbass with stocks (I am). Are they gonna be super low? If so, wouldn't that mean buy?
Unless you plan on holding them for decades no

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__aCEr__
03/22/20 8:11:34 PM
#12:


I was going to put in a chunk in early February but just kept putting it off. My long-term stuff has taken an absolute pounding so I'm glad my procrastination prevented me from making things worse.

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#13
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REMercsChamp
03/22/20 8:14:18 PM
#14:


I wouldn't worry about daily market fluctuations at the moment. Stocks are going to be in the gutter for a while. Months.

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divot1338
03/22/20 8:14:38 PM
#15:


NightMarishPie posted...
Explain it to me like I'm a huge dumbass with stocks (I am). Are they gonna be super low? If so, wouldn't that mean buy?
Buy when they are at the minimum price.

Until then you are just losing money.

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NightMarishPie
03/22/20 8:16:26 PM
#16:


Irony posted...
Unless you plan on holding them for decades no

[LFAQs-redacted-quote]

Well I do plan to hold them for awhile. If they're low, or close to being low, shouldn't I want to buy? Like I get it, they could be lower, and at the moment aren't doing anything for me, but if I just hold them, aren't I in decent shape or is it really that important to buy right before a rise? Not trying to be argumentative, I'm honestly just trying to learn. Excuse the potentially ignorant questions.

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kingdrake2
03/22/20 8:24:10 PM
#17:


CableZL posted...
Why


i thought it was a good idea to invest for some but i was wrong :(.
for the record. 913 points was lost on friday if need to compare for monday.
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#18
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divot1338
03/23/20 9:44:12 AM
#19:


40 days from now the virus will have fully impacted the United states.

Thats a good place to start.

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E32005
03/23/20 12:07:47 PM
#20:


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EvalAngell
03/23/20 12:08:38 PM
#21:


Economy is cooked for the next 5-6 years.

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CableZL
03/23/20 1:37:58 PM
#23:


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SauI_Goodman
03/23/20 1:38:51 PM
#24:


some guy at work was talking about how he's lost 15,000. glad i don't play the lottery.

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kingdrake2
03/23/20 1:56:36 PM
#25:


dow jones 400+ point loss.
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