Current Events > Stock Market General #42

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Mearcstapa
01/24/22 12:46:56 PM
#451:


krazychao5 posted...
why is why i said i'm too young to sell. i'm in the game for 30 years, no 30 weeks.

Stock market may not even be around in 30 years.

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asdf8562
01/24/22 12:47:36 PM
#452:


krazychao5 posted...
why is why i said i'm too young to sell. i'm in the game for 30 years, no 30 weeks.
Meh.

I'm in it for 30 years as well, just a different approach. I'll jump back in later when this free fall dips even further.
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Pitlord_Special
01/24/22 12:53:20 PM
#453:


Moved my 6k 2022 contribution to my Roth IRA. #buythedip

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krazychao5
01/24/22 12:54:31 PM
#454:


[LFAQs-redacted-quote]

sup?

Mearcstapa posted...
Stock market may not even be around in 30 years.
i might not be either, and it's all retirement accounts, cannot pull it out without taxes/penalties

asdf8562 posted...
I'm in it for 30 years as well, just a different approach. I'll jump back in later when this free fall dips even further.
time in market > timing market. lots of people missed out 2020 gains cause fear

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fan357
01/24/22 1:02:00 PM
#455:


asdf8562 posted...
Total bloodbath. I had about 8k in my portfolio, portfolio dropped to 5700....

I sold most of my portfolio. Not willing to ride out this free fall any longer.

Kept about 2200 still in stocks. TBH, I'm tempted to sell off that as well.

Thank God I didn't take my father's advice and throw my life savings into stocks back in October.

Why do you like screwing yourself?

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#456
Post #456 was unavailable or deleted.
#457
Post #457 was unavailable or deleted.
CE_gonna_CE
01/24/22 1:10:57 PM
#458:


Mearcstapa posted...
Stock market may not even be around in 30 years.


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#459
Post #459 was unavailable or deleted.
Blue_Thunder
01/24/22 1:17:46 PM
#460:


Added another 2k to mine. Not sure if I should buy something now or wait till the earnings and fed meeting(s) pass.

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NatsuSama
01/24/22 1:23:42 PM
#461:


krazychao5 posted...
time in market > timing market.
I dont really agree with this philosophy.

If you sell at 150
Market drops to 50
You buy back at 50
Hypothetically the market goes up to 100.

I fail to see how waiting it out would have been a better plan as opposed to the above.

I dont see how riding out a crash is better if you suspect it'll crash even more.

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berlyman101
01/24/22 1:24:30 PM
#462:


[LFAQs-redacted-quote]


it was worse than it is right now

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theAteam
01/24/22 1:26:52 PM
#463:


NatsuSama posted...
I dont really agree with this philosophy.

If you sell at 150
Market drops to 50
You buy back at 50
Hypothetically the market goes up to 100.

I fail to see how waiting it out would have been a better plan as opposed to the above.

If you're trading in the short term sure. Otherwise it's almost impossible to know where the market is going or when it's going to rebound.

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krazychao5
01/24/22 1:27:38 PM
#464:


NatsuSama posted...
I dont really agree with this philosophy.

If you sell at 150
Market drops to 50
You buy back at 50
Hypothetically the market goes up to 100.

I fail to see how waiting it out would have been a better plan as opposed to the above.

I dont see how riding out a crash is better if you suspect it'll crash even more.
i don't see how you can tell before you sell that it will go down, and that you can repurchase the same stocks at all reduced costs? every time i tried to do that in the past, the price went up after i sold. your plan will work if you know what will happen, but no one knows what'll happen. how do you know what you sell will go down, and will not recover more than your sale price before you buy back in?

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NatsuSama
01/24/22 1:32:17 PM
#465:


krazychao5 posted...
i don't see how you can tell before you sell that it will go down, and that you can repurchase the same stocks at all reduced costs?
That really comes down to your own intuition, expertise and guts really.

But what I said isn't wrong. If you suspect the market will crash even further, and then it does, I save more money by selling early into the dip them buying the stock back at a point lower in the dip.

Stock market has been falling since November. Say I sold in later November, then bought back today, I definitely would be saving money as opposed to riding this out.

Hypothetically if the stocks rose December 2021 to January 2022 instead, then I lose money as that's pretty much the risk of investing at all in stocks.

theAteam posted...
If you're trading in the short term sure. Otherwise it's almost impossible to know where the market is going or when it's going to rebound.
That works both ways. It's impossible to know if a particular stock will ever rebound. In fact it can continue to crash for good in the sense that it never rebounds to its old glory.

That really comes down to your own intuition, expertise, guts, and the gamble you're willing to risk really.

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krazychao5
01/24/22 1:55:51 PM
#466:


NatsuSama posted...
That really comes down to your own intuition, expertise and guts really.

But what I said isn't wrong. If you suspect the market will crash even further, and then it does, I save more money by selling early into the dip them buying the stock back at a point lower in the dip.

Stock market has been falling since November. Say I sold in later November, then bought back today, I definitely would be saving money as opposed to riding this out.

Hypothetically if the stocks rose December 2021 to January 2022 instead, then I lose money as that's pretty much the risk of investing at all in stocks.

That works both ways. It's impossible to know if a particular stock will ever rebound. In fact it can continue to crash for good in the sense that it never rebounds to its old glory.

That really comes down to your own intuition, expertise, guts, and the gamble you're willing to risk really.
yeah but, experience and studies proves your feelings wrong. and take today, for example. my portfolio dropped by $2400 at the lowest i saw, and now i'm down $1100. if i sold when i saw how bad it was all doing, i'd have lost that before somewhat clawing back some. it just isn't good business to sell on red days.

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theAteam
01/24/22 1:57:08 PM
#467:


Green by close

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NatsuSama
01/24/22 2:05:49 PM
#468:


krazychao5 posted...
yeah but, experience and studies proves your feelings wrong. and take today, for example. my portfolio dropped by $2400 at the lowest i saw, and now i'm down $1100. if i sold when i saw how bad it was all doing, i'd have lost that before somewhat clawing back some. it just isn't good business to sell on red days.
Your projecting your own experiences here.

None of which changes what I said if you suspect the market will crash even further, and then it does, I save more money by selling early into the dip them buying the stock back at a point lower in the dip.

Someone who sold in November or December and decided to buy back those same shares today would have saved more money than waiting out November to now.

The hypothetical of if that gamble went wrong or not back in December works on all investments into stocks. It's moot.

When you buy or sell or hold you are taking a gamble based on a variety of factors including your experiences and intuition all of which can be right or wrong.

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krazychao5
01/24/22 2:10:55 PM
#469:


what i am saying that what you suspect is your own experience, and your experience means squat in the market. if you sold everything today like that other person said they did, they lost what was recovered already today.

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NatsuSama
01/24/22 2:14:56 PM
#470:


krazychao5 posted...
what i am saying that what you suspect is your own experience, and your experience means squat in the market. if you sold everything today like that other person said they did, they lost what was recovered already today.
The regardless to the point.

None of which changes what I said if you suspect the market will crash even further, and then it does, I save more money by selling early into the dip then later buying the stock back at a point lower in the dip.

Someone who sold in November or December and decided to buy back those same shares today would have saved more money than waiting out November to now.

Gambling is gambling. Highlighting the above user (which btw is yet to be proven was a bad move. As the market could tank even further into next month), doesn't change what I said above. At all.

Gambles can go wrong, including holding out on a gamble that a stock will ever be a winner. AKA bag holding if it flops and stays there. Or gambling on a speedy recovery. Gambling is gambling.

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Dat_Cracka_Jax
01/24/22 2:41:32 PM
#471:


We got us a fortune teller in the topic

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NatsuSama
01/24/22 3:07:51 PM
#472:


Dat_Cracka_Jax posted...
We got us a fortune teller in the topic
Hope that's not at me as my post definitely says holding or selling doesn't guarantee you profit. It also doesn't tell you which you personally should do.

Investing in stocks period is gambling. That includes not selling. There are no guaranteed promises next month, next year or even 30 years from now will be better for a particular stock you own.

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Arcanine2009
01/24/22 3:10:37 PM
#473:


Should we sell or keep?

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krazychao5
01/24/22 3:57:42 PM
#474:


did fed say they giving free money to buy stock, or what. never seen this in my days, down $2500 to end around even. real glad my 8 ball said to hold today

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theAteam
01/24/22 3:58:58 PM
#475:


krazychao5 posted...
did fed say they giving free money to buy stock, or what. never seen this in my days, down $2500 to end around even. real glad my 8 ball said to hold today

Some of the biggest rallies occur during a crash.

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emblem boy
01/24/22 3:59:45 PM
#476:


Bears blew a -3.7% lead


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haters gonna hate
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Makeveli_lives
01/24/22 4:17:36 PM
#477:


ENZC is up a bit though

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Alexanaxela
01/24/22 4:24:44 PM
#478:


finished the day positive

praise be to stock jesus!

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SydneySweenHero
01/24/22 4:25:44 PM
#479:


Makeveli_lives posted...
ENZC is up a bit though
is ENZC ever gonna reach $1 again? >_>

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doomcrusader
01/24/22 4:26:44 PM
#480:


SydneySweenHero posted...
is ENZC ever gonna reach $1 again? >_>

$5 eoy

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Makeveli_lives
01/24/22 4:31:20 PM
#481:


doomcrusader posted...
$5 eoy
https://walletinvestor.com/stock-forecast/enzc-stock-prediction

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SydneySweenHero
01/24/22 4:32:44 PM
#482:


Makeveli_lives posted...
https://walletinvestor.com/stock-forecast/enzc-stock-prediction
LMAO I doubt it'll reach $29

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Makeveli_lives
01/24/22 4:35:09 PM
#483:


SydneySweenHero posted...
LMAO I doubt it'll reach $29
Not with that attitude it won't

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#484
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Mearcstapa
01/24/22 4:57:16 PM
#485:


holy shit that end of day rally can fuck off.

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after years of waiting
nothing came
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#486
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Blue_Thunder
01/24/22 5:34:42 PM
#487:


Paper hands btfo lol

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Mearcstapa
01/24/22 5:40:17 PM
#488:


[LFAQs-redacted-quote]


I'm all cash and badly want a crash for an entry point.

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#489
Post #489 was unavailable or deleted.
Mearcstapa
01/24/22 5:44:09 PM
#490:


[LFAQs-redacted-quote]


Overcorrect what, exactly? They haven't done shit except flap their jaws so far.

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Trumpo
01/24/22 5:47:01 PM
#491:


JPow going to disappoint
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#492
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littlebro07
01/24/22 7:52:51 PM
#493:


The fuck happened today

62 new posts

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1337toothbrush
01/24/22 8:28:30 PM
#494:


Butts will bleed.

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Solid Snake07
01/24/22 9:38:39 PM
#495:


A lot of new investors who clearly havent been in the market for over 2 years learning some painful lessons this month

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Chadawah
01/24/22 10:55:26 PM
#496:


My butt hurts.
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C6Driver
01/25/22 5:50:40 AM
#497:


not even 500 quite yet & #43 is started. How 'bout that ?

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StarsOfCCTV
01/25/22 7:19:40 AM
#498:


Getting ahead of ourselves. This topic might never get to 500.

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doomcrusader
01/25/22 7:22:26 AM
#499:


499 at least.

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Xethuminra
01/25/22 7:39:30 AM
#500:


><
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