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  1. #1
    Age 58 MajorTendonitis's Avatar
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    Corona virus is crashing the stock market

    Looks like it’s going for a dive today . This won’t end well.
    For some reason the Dow Jones and the GSPTSE won’t even show their losses anymore today on the graph?
    Has the government closed the market because of panic?

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  2. #2
    test the limits RobParks2M's Avatar
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    lololol u srs? You understand the top 2 are just indexes right? So if you tap again it'll show points lost and if you tap again after that it'll show loss as a %?


    You are also aware this week is a big quarterly earnings week where lots of companies are disclosing their earnings and updating full year forecasts and such too...right?
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  3. #3
    Registered User elterrible987's Avatar
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    Originally Posted by RobParks2M View Post
    lololol u srs? You understand the top 2 are just indexes right? So if you tap again it'll show points lost and if you tap again after that it'll show loss as a %?


    You are also aware this week is a big quarterly earnings week where lots of companies are disclosing their earnings and updating full year forecasts and such too...right?

    It was a big dive yesterday though. like 2% for a ton of different stocks across the board. chit is gay as hell, chinese need to fix their chit
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    Banned Spahgetti's Avatar
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    'crash'


    lol. this just in: markets fluctuate, such is life

    meanwhile irl

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    I invest in the market weekly, but chit like this is why I prefer real estate
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    Manlet with Credentials Jasonw1178's Avatar
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    Good time to invest.
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  7. #7
    test the limits RobParks2M's Avatar
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    Originally Posted by elterrible987 View Post
    It was a big dive yesterday though. like 2% for a ton of different stocks across the board. chit is gay as hell, chinese need to fix their chit
    In reference to what is 2% a big dive? The past month? 2% is on the edge of normal churn. we bounced today up 1%. Corona virus giving yuuuge market gains now? The dip yesterday had absoutely 0 to do with the market and anyone that tells you otherwise is a fool.

    Don't believe me?

    Look at the stats for the flu this year in the US then explain to me why thousands of flu deaths are less of a big deal than corona virus.
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  8. #8
    I'm very snobbish. W1LLW's Avatar
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    well done mods. they appeared to have banned opee for his chitpost.
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  9. #9
    6’5” 256# headturner1's Avatar
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    Originally Posted by W1LLW View Post
    well done mods. they appeared to have banned opee for his chitpost.
    If this was true, you’d never be unbanned
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  10. #10
    Lettuce be reality Bluestar92's Avatar
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    This thread aged well
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  11. #11
    Registered User MediocreGains's Avatar
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    Lol
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  12. #12
    Registered User BulkingIsHard's Avatar
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    Imagine how rich OP would be if he pulled the trigger and bought then held SPY 220c 3/20 puts when he posted this
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  13. #13
    Registered User dontstopbelief's Avatar
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    dw bout it, market will be back there this week
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  14. #14
    Age 58 MajorTendonitis's Avatar
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    Originally Posted by BulkingIsHard View Post
    Imagine how rich OP would be if he pulled the trigger and bought then held SPY 220c 3/20 puts when he posted this
    I took a buy out from work last August. Put my money in RRSPs which unfortunately has dropped over $67,000 since I posted .
    Kinda sucks , and I can imagine what’s going to happen in the months to come . I’m trying to stay positive, but I’m just a little more than worried about the potential effects of this China flu on the stock market
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  15. #15
    test the limits RobParks2M's Avatar
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    Originally Posted by MajorTendonitis View Post
    I took a buy out from work last August. Put my money in RRSPs which unfortunately has dropped over $67,000 since I posted .
    Kinda sucks , and I can imagine what’s going to happen in the months to come . I’m trying to stay positive, but I’m just a little more than worried about the potential effects of this China flu on the stock market
    Hopefully you weren't planning on retiring and cashing out in the next 5 years
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  16. #16
    Registered User MediocreGains's Avatar
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    Originally Posted by RobParks2M View Post
    Hopefully you weren't planning on retiring and cashing out in the next 5 years
    Pretty sure OP is near retirement age. That sucks, OP. Should've gone with your gut instincts.
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  17. #17
    Registered User BulkingIsHard's Avatar
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    Don't know if it's worse to be trying to retire during a recession or trying to graduate college and find a job during a recession. Far as I know every tech company is working remotely and probably paused all recruiting. Fml.
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  18. #18
    Age 58 MajorTendonitis's Avatar
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    Originally Posted by RobParks2M View Post
    Hopefully you weren't planning on retiring and cashing out in the next 5 years
    Was semi retired , but basically screwed now . That’s life
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  19. #19
    MAGA VegasLifter26's Avatar
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    Originally Posted by BulkingIsHard View Post
    Don't know if it's worse to be trying to retire during a recession or trying to graduate college and find a job during a recession. Far as I know every tech company is working remotely and probably paused all recruiting. Fml.
    anyone who knows investing basics should be well aware to slowly start to sell off stocks a few years before retirement... you never wait to sell it in one big lump sum
    (the theory is young people should have 70% of their cash in the market, older people much less)
    ..you are 58? my pops is 65 and still working. I would say just hold what you have, it will come back
    (these are my opinions i am not a licensed broker by trade)
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  20. #20
    Age 58 MajorTendonitis's Avatar
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    It’s kind of funny , as I thought that as soon as tried to retire , that there would be a depression or a nuke would go off , or some other chit storm.
    That’s just the kind of luck I have . I feel accountable for this disaster , because I know full well that if I kept working and didn’t take a buy out , that this never would have happened .
    To think I cost countries trillions and thousands of lives
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