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  1. #1681
    Registered User ghostfacedup's Avatar
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    Venom made a ton of correct calls in here in the past. Unfortunately I think he's wrong about this virus...I mean, who the hell knows what a virus is going to do? And it's from China, who manipulates everything.
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  2. #1682
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    Noob to the game, just signed up for first trading app. Guide me boyos.
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  3. #1683
    Endorphin Junkie dopamine72's Avatar
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    One thing I'm laughing at is the phaggots who compared this virus to the flu

    Anyone who is good with numbers knew this virus was gonna fuk us. Just look at this chit now: https://www.worldometers.info/coronavirus/
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  4. #1684
    Registered User SolidPaul's Avatar
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    Originally Posted by chino3 View Post
    and to think, there are people in this thread that somehow don't think you are legit retarded, and actually look to you for information

    I mean seriously... people look to this mouth breathing phaggot for any advice? fukking LMAO

    Glad some actually see him for what he is
    Originally Posted by ghostfacedup View Post
    Venom made a ton of correct calls in here in the past. Unfortunately I think he's wrong about this virus...I mean, who the hell knows what a virus is going to do? And it's from China, who manipulates everything.
    The virus is just one catalyst of the economic downturn. I don't agree with his opinions on the virus at all. Obviously China isn't reporting accurate information...look at previous incidents in history. Been staying inside since late February and started shorting when the cases started exploding.

    If we continue to go down, which seems logical, then there will be continued selling off of gold assets for liquidity.

    Do your own research and analysis.

    Originally Posted by dopamine72 View Post
    One thing I'm laughing at is the phaggots who compared this virus to the flu

    Anyone who is good with numbers knew this virus was gonna fuk us. Just look at this chit now: https://www.worldometers.info/coronavirus/
    Exponential growth. Not sure why people don't get that concept.
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  5. #1685
    Endorphin Junkie dopamine72's Avatar
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    One thing I'm laughing at is the phaggots who compared this virus to the flu

    Anyone who is good with numbers knew this virus was gonna fuk us. Just look at this chit now: https://www.worldometers.info/coronavirus/

    Keep in mind new info is coming out such as it can take up to 6 weeks to die from this thing
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  6. #1686
    Registered User ghostfacedup's Avatar
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    Originally Posted by dopamine72 View Post
    One thing I'm laughing at is the phaggots who compared this virus to the flu

    Anyone who is good with numbers knew this virus was gonna fuk us. Just look at this chit now: https://www.worldometers.info/coronavirus/
    LOL @ China's numbers. What a freaking FARCE.
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  7. #1687
    test the limits RobParks2M's Avatar
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    While I don't share Venom's sentiment with virus stuff- its getting real fuking annoying watching goobers come outta the woodwork who refuse to post positions they are making try and chit on someone making targets and offering opinions where they think the markets are headed. We've had some get posters over the years with lots of trading experience get run out for sharing opinions. Not sure where the hate is coming from, but perhaps try and figure your feelings out before you post here.

    In relevant news I am happy with my grocer stocks
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  8. #1688
    Registered User frankk213's Avatar
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    Been flirting with the idea of opening an account and did do today. Nothing major, just began with $500 to get my feet wet and gain some experience/familiarity.
    Have a good amount of cash/emergency savings so can afford to lose maybe another $1-3k but will see.

    Plan is to buy/look into a handful of individual stocks (those with high probability to be around for another 5+ years and grow) to get familiar and then look into ETF and mutual funds. I don't find mutual funds appealing atm seeing as everything is dropping;what's the point of putting in a large investment if all the overall indexes are falling? I can simply just wait a few months to see when the market is upward, even if i miss out on some gain, instead of investing the same minimum amount only to lose.

    Still learning so if anything is retarded correct me.
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  9. #1689
    User Registered Carbonfibre's Avatar
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    Originally Posted by frankk213 View Post
    Been flirting with the idea of opening an account and did do today. Nothing major, just began with $500 to get my feet wet and gain some experience/familiarity.
    Have a good amount of cash/emergency savings so can afford to lose maybe another $1-3k but will see.

    Plan is to buy/look into a handful of individual stocks (those with high probability to be around for another 5+ years and grow) to get familiar and then look into ETF and mutual funds. I don't find mutual funds appealing atm seeing as everything is dropping;what's the point of putting in a large investment if all the overall indexes are falling? I can simply just wait a few months to see when the market is upward, even if i miss out on some gain, instead of investing the same minimum amount only to lose.

    Still learning so if anything is retarded correct me.

    If you're really aiming long term than you have nothing to fear.

    There is so many companies that you can go with.

    Coca Cola, Apple, Visa, Mcdonalds, Starbucks, Microsoft you can diversify in all sectors.

    ETF are good choice.

    And yes atm everything is falling.

    Basically everything is now at discount.

    But eventually this discount will end. So be ready to load up. When this virus thing starts to taper off.

    And keep adding in stocks you're comfortable with.
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  10. #1690
    test the limits RobParks2M's Avatar
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    Originally Posted by frankk213 View Post
    Been flirting with the idea of opening an account and did do today. Nothing major, just began with $500 to get my feet wet and gain some experience/familiarity.
    Have a good amount of cash/emergency savings so can afford to lose maybe another $1-3k but will see.

    Plan is to buy/look into a handful of individual stocks (those with high probability to be around for another 5+ years and grow) to get familiar and then look into ETF and mutual funds. I don't find mutual funds appealing atm seeing as everything is dropping;what's the point of putting in a large investment if all the overall indexes are falling? I can simply just wait a few months to see when the market is upward, even if i miss out on some gain, instead of investing the same minimum amount only to lose.

    Still learning so if anything is retarded correct me.
    You should. Paper trading(running an account with no real money) is a lot easier because you don't have anything to lose. When you wake up and a position has lot 10, 20, or 30% of your hard earned money it can be really hard to shake off and watch/wait. Obviously when the sum you risk is lower you don't worry so much. Then once you are comfortable with market swings ect you can build up a bigger investment. I started with $500 back in 2008 and I had my dad buy me something like 100 shares of Citibank, Ford, and like 30 shares of Host hotels.
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  11. #1691
    Registered Republican Omnivium's Avatar
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    Originally Posted by RobParks2M View Post
    While I don't share Venom's sentiment with virus stuff- its getting real fuking annoying watching goobers come outta the woodwork who refuse to post positions they are making try and chit on someone making targets and offering opinions where they think the markets are headed. We've had some get posters over the years with lots of trading experience get run out for sharing opinions. Not sure where the hate is coming from, but perhaps try and figure your feelings out before you post here.
    There's nothing wrong with posting positions or sharing opinions. But that's not what he's doing. He's making predictions and guaranteeing that they will happen. Then when he is inevitably wrong, instead of learning his lesson, he just moves the goalpost and "guarantees" another number all over again.

    I'm not emotional at all, I'm just confused why people in here worship the dude when he's wrong all the time while also being arrogant enough to "guarantee" his predictions. Anyone who thinks they can guarantee what the price action will do, clearly has no idea what they're talking about
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  12. #1692
    calf of peace Schnitzl's Avatar
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    Damn, got in at 17.5k now it's gone wild.



    When will it stahp!
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  13. #1693
    Registered User CTSV648HP's Avatar
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    Ok, experienced guys, what do you do with a large account right now in the market? I'm looking for the best bargains with the most potential to come back in the next year or so. Watching 3M, airlines, casinos, restaurants, entertainment. Will be using about 15% to trade more aggressively with. Been a while since I've traded. Did biotechs and options back in high school and college and did well but then got too busy for it.

    I do like LUV as a longer term airline play. Down almost 50% from 52 week high. The employees love the company. Not affected much by international travel problems sincere they're mostly domestic. Thinking they will come back the strongest.
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  14. #1694
    Registered User trippped's Avatar
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    i still feel like if you are using unemployment stats as an indicator of the market, good luck.
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  15. #1695
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    Originally Posted by RobParks2M View Post
    While I don't share Venom's sentiment with virus stuff- its getting real fuking annoying watching goobers come outta the woodwork who refuse to post positions they are making try and chit on someone making targets and offering opinions where they think the markets are headed. We've had some get posters over the years with lots of trading experience get run out for sharing opinions. Not sure where the hate is coming from, but perhaps try and figure your feelings out before you post here.

    In relevant news I am happy with my grocer stocks
    The hate is stemming from almost everyone being pissed that their positions are hammered to chit.

    Uncertainty is making people look for a target and he’s a convenient one because he’s made some pretty bold predictions and some pretty ridiculous statements with regard to corona.

    That being said, I think I like the luv play and am happy your grocer stocks are performing well.. I’m hoping rds can hold onto their div since I added to my position when it was @ 20.xx
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  16. #1696
    Registered Abuser chino3's Avatar
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    Originally Posted by CTSV648HP View Post
    Ok, experienced guys, what do you do with a large account right now in the market? I'm looking for the best bargains with the most potential to come back in the next year or so. Watching 3M, airlines, casinos, restaurants, entertainment. Will be using about 15% to trade more aggressively with. Been a while since I've traded. Did biotechs and options back in high school and college and did well but then got too busy for it.

    I do like LUV as a longer term airline play. Down almost 50% from 52 week high. The employees love the company. Not affected much by international travel problems sincere they're mostly domestic. Thinking they will come back the strongest.
    I have 3m, and if my remaining targets don’t hit I’ll end up adding more 3m. They’re gonna be cranking out ventilators and they’re a solid af company.

    I’m not ready to dive into hospitality or restaurants, and don’t know when I will be tbh. PLAY has a ton of potential to sky rocket upon recovery, but the longer this takes to get better, the worse shape they will be in.

    I’ve been carefully watching LUV, fully anticipating a drop since almost two weeks ago, as they have been announcing more and more flight cuts, and we are finally seeing it. The reason I like them over other airlines is that they don’t rely on international travel, so they will be quicker to recover imo. That said, the only reason I’m hesitant aside from the obvious, is that they have a pending class action law suit that I just haven’t researched enough yet. That said, I may pull the trigger at $30
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  17. #1697
    Registered User cool-beans's Avatar
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    Originally Posted by chino3 View Post
    I have 3m, and if my remaining targets don’t hit I’ll end up adding more 3m. They’re gonna be cranking out ventilators and they’re a solid af company.

    I’m not ready to dive into hospitality or restaurants, and don’t know when I will be tbh. PLAY has a ton of potential to sky rocket upon recovery, but the longer this takes to get better, the worse shape they will be in.

    I’ve been carefully watching LUV, fully anticipating a drop since almost two weeks ago, as they have been announcing more and more flight cuts, and we are finally seeing it. The reason I like them over other airlines is that they don’t rely on international travel, so they will be quicker to recover imo. That said, the only reason I’m hesitant aside from the obvious, is that they have a pending class action law suit that I just haven’t researched enough yet. That said, I may pull the trigger at $30
    are you not worried about LUV going tits up?

    edit: are cruise lines going bankrupt or what
    Last edited by cool-beans; 04-01-2020 at 11:17 PM.
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  18. #1698
    Registered User CTSV648HP's Avatar
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    Originally Posted by cool-beans View Post
    are you not worried about LUV going tits up?

    edit: are cruise lines going bankrupt or what
    If LUV goes away, I think we'll have more to worry about than the market. They'd be the last airline to go under in my opinion.
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  19. #1699
    Registered User CTSV648HP's Avatar
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    Also, what do you guys think of BUD and TAP? Down a ton but alcohol sales are up 55% right now.
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  20. #1700
    Registered User cool-beans's Avatar
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    Originally Posted by CTSV648HP View Post
    Also, what do you guys think of BUD and TAP? Down a ton but alcohol sales are up 55% right now.
    I bought into BUD at 45... plan to keep averaging down on it. had highs of 100 this year. i dont think this company is going anywhere anytime soon. also a nice dividend
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    we gonna finally see some green today
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    Im thinking of trimming a little profit on MRNA (up 20%), and adding another COVID play on testing or immediate needs as Abbott Labs (test kits) or ResMed (ventilators).
    Last edited by twovalvekid; 04-02-2020 at 04:27 AM.
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    6.648m...... dayum
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    Originally Posted by Geneticz View Post
    Probably going to end 3 or 4% down. Market wont be able to swallow these numbers just yet.
    Which numbers?
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    Originally Posted by twovalvekid View Post
    Which numbers?
    Unemployment numbers. 6.6 million.
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    Originally Posted by ButcherSir View Post
    6.648m...... dayum
    holly chiit

    not one forecast was predicting that high
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    Originally Posted by MediocreGains View Post
    Unemployment numbers. 6.6 million.
    Prelim report for what's coming out tomorrow?
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    Originally Posted by twovalvekid View Post
    Prelim report for what's coming out tomorrow?
    Tomorrow is the job reports.
    Regardless its meaningless. Only takes like the first 2 weeks of march into effect or something. Someone elaborate the exact dates for me.

    Edit. I'm going to buy some tvix at the open for a quick day trade.

    Fun fact for new people here. Do NOT hold leveraged ETFs of any sort overnight. There is something called leveraged decay that is a real thing and will mitigate gains. That's why the poster a few pages ago is full of junk. You cant hold leveraged etfs for weeks.
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    Originally Posted by twovalvekid View Post
    Prelim report for what's coming out tomorrow?
    tmmrw is the unemployment rate.

    this one today is the one.

    https://www.cnbc.com/2020/04/02/week...ss-claims.html
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    I’ve heard that you can claim unemployment while being furloughed. Truth?

    If so, then it makes sense why the numbers are so high. Double dip?
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