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  1. #1981
    Registered User onepieceisreals's Avatar
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    Wow all green today. Should I sell my positions to get the small profit? Have a feeling it's gonna be bloody red tommorow lol
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  2. #1982
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    Originally Posted by chino3 View Post
    Holy chit srs?!?

    Related, 2 people that my wife knows through work (doesn’t work immediately with them) died over the past 5 days of covid. Both late 40’s. Multiple kids each. What’s scary is that there’s rumblings that their department was urging people to downplay potential spread. Now 13 people are being quarantined until tests come back, and they have been ordered to go radio silent.
    This is happening in Virginia as well. A relative of mine works at a hospital and they don't even have tests. They have to send people up the road to a bigger hospital, and that big hospital will only test you if you are in a risk group or live with someone who is.

    The numbers are being grossly under-reported, but that's actually good news for the survival rate.
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  3. #1983
    N3rd Op3rator twovalvekid's Avatar
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    Originally Posted by lockdev View Post
    This is happening in Virginia as well. A relative of mine works at a hospital and they don't even have tests. They have to send people up the road to a bigger hospital, and that big hospital will only test you if you are in a risk group or live with someone who is.

    The numbers are being grossly under-reported, but that's actually good news for the survival rate.
    This. We could easily have 10-100X the cases. The only thing basically being 100% reported is deaths.

    Originally Posted by chino3 View Post
    Holy chit srs?!?

    Related, 2 people that my wife knows through work (doesn’t work immediately with them) died over the past 5 days of covid. Both late 40’s. Multiple kids each. What’s scary is that there’s rumblings that their department was urging people to downplay potential spread. Now 13 people are being quarantined until tests come back, and they have been ordered to go radio silent.
    Yup. There arent enough test kits, so theyre not wasting them on the people with the .02% chance of death. Basically, if you think you have it, go home and quarantine and ride it out. Naturally if you start declining in health go seek medical help.

    Multiple companies are doing things to crank out more and develop new ones. So dont be surprised if in 2-3 weeks you suddenly get a spike.
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  4. #1984
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    I would probably sell today. Pretty confident it's green today because we had less cases yesterday than Saturday. People are feeling a little more hopeful. I would be shocked if we don't go back down.

    Originally Posted by onepieceisreals View Post
    Wow all green today. Should I sell my positions to get the small profit? Have a feeling it's gonna be bloody red tommorow lol
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  5. #1985
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    all out. hope im right and theres more dips this week or else lol @ me
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  6. #1986
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    Originally Posted by onepieceisreals View Post
    Wow all green today. Should I sell my positions to get the small profit? Have a feeling it's gonna be bloody red tommorow lol
    We’re reportedly on the verge of the worst to come, and I think reality will hit really hard with how optimistic we became over the weekend. China is also reporting an increase in cases, so that will have an impact on how confident the market behaves.

    I closed out ones that I believe can and will go notably lower than they were last week, but am going to hold the ones that I believe will have relatively minimal dips, but potential for quicker gains, and just DCA at worst. Tempted to drop one of my bags at a 10% hit... trying to evaluate where I can make up that money or if I should just ride it out for a year or two and hope for the best
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  7. #1987
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    I have a large chunk of cash in SPIRIT AIRLINES (Ticker: SAVE) I went in today. See what happens. I picked the airlines with the lowest share price combined with largest drop after pandemic.

    Buffet sold off his airlines stake so I think that spooked many, but I just do not see any of the airliners not bouncing back. Our economy depends on them.

    Sounds like you guys are day trading, I executed this position with expectation of at least 1-2 year hold for a full recovery.
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  8. #1988
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    who ever bought calls on Friday on cruise lines

    CCL or

    RCL

    would be up 1000% today

    fml
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  9. #1989
    God loves you Venom08's Avatar
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    Sold the QQQ calls I bought last week at $0.30 for $0.51
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  10. #1990
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    Originally Posted by lockdev View Post
    It might, but the Fed will likely continue this until our currency is worthless.

    The Fed won't allow the market to crash. They'd rather the dollar crash before the market.

    No conspiracy, but it's a brilliant move. With the massive amount of debt held by corporations and the government, what better way to erase it all than making the currency worthless?
    Unfortunately the dollar is primed to rip. It'll be making ATHs soon enough.
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  11. #1991
    Registered Abuser chino3's Avatar
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    Originally Posted by fate0311 View Post
    I have a large chunk of cash in SPIRIT AIRLINES (Ticker: SAVE) I went in today. See what happens. I picked the airlines with the lowest share price combined with largest drop after pandemic.
    you might be retarded

    Originally Posted by fate0311 View Post
    Buffet sold off his airlines stake so I think that spooked many, but I just do not see any of the airliners not bouncing back. Our economy depends on them.
    yup, retarded.

    1) Buffet sold very minimal amounts of Delta and Southwest... He still has well over a billion dollars invested in both of those companies.
    2) You think that move "spooked" people, yet prices surged today...

    Yes, we NEED flight for travel, but they absolutely can and will take a severe hit from this. Several companies are researching chemical options that prevent algae growth in their fuggin fuel tanks... Southwest flew 56 flights last week without a single passenger. One company (cant recall atm) stated they are "losing" 90 million dollars every day.

    That said, I bought into LUV last week, and sold today, and I am going to go back in on them at some point.


    EDIT BREAKING NEWS:

    Boris Johnson taken to ICU as his condition worsened over the afternoon...
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  12. #1992
    a Semi Phaggot ButcherSir's Avatar
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    fuking BA lol
    gonna make on them a double digit profit twice in 3 weeks
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  13. #1993
    ScubaBro ReadyToLift2019's Avatar
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    Really hoping this week or early next week brings one more heavy af dip. So hard to believe the bottom has already come and gone this quickly...

    Got $ now and another solid chunk on Friday-next Monday to DCA more VOO; dying over here for some sub-$220 shares.
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  14. #1994
    N3rd Op3rator twovalvekid's Avatar
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    Originally Posted by ReadyToLift2019 View Post
    Really hoping this week or early next week brings one more heavy af dip. So hard to believe the bottom has already come and gone this quickly...

    Got $ now and another solid chunk on Friday-next Monday to DCA more VOO; dying over here for some sub-$220 shares.
    More to come when quarters are reported that were 100% effected by Covid. So....june?
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  15. #1995
    Registered User cool-beans's Avatar
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    Originally Posted by ReadyToLift2019 View Post
    Really hoping this week or early next week brings one more heavy af dip. So hard to believe the bottom has already come and gone this quickly...

    Got $ now and another solid chunk on Friday-next Monday to DCA more VOO; dying over here for some sub-$220 shares.
    when i look around me whats going on locally - everyone being laid off, businesses going tits up, closures, etc - i dont see how the market could pump like this lol.
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  16. #1996
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    Originally Posted by chino3 View Post
    you might be retarded



    yup, retarded.

    1) Buffet sold very minimal amounts of Delta and Southwest... He still has well over a billion dollars invested in both of those companies.
    2) You think that move "spooked" people, yet prices surged today...

    Yes, we NEED flight for travel, but they absolutely can and will take a severe hit from this. Several companies are researching chemical options that prevent algae growth in their fuggin fuel tanks... Southwest flew 56 flights last week without a single passenger. One company (cant recall atm) stated they are "losing" 90 million dollars every day.

    That said, I bought into LUV last week, and sold today, and I am going to go back in on them at some point.


    EDIT BREAKING NEWS:

    Boris Johnson taken to ICU as his condition worsened over the afternoon...
    The fact that you are calling me retarded speaks volumes at how little you understand basic economics. Are you by any chance related to Venom?
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  17. #1997
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    Originally Posted by cool-beans View Post
    when i look around me whats going on locally - everyone being laid off, businesses going tits up, closures, etc - i dont see how the market could pump like this lol.
    The market isn't really a true indicator of local economies. I mean the Fed $$$ is likely pumping into the market at a record pace
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  18. #1998
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    Originally Posted by fate0311 View Post
    The fact that you are calling me retarded speaks volumes at how little you understand basic economics. Are you by any chance related to Venom?
    you invested in a company that was the punchline to every airline joke, and this was before the pandemic, and you thought Buffett sold of his positions in airlines, AND you thought that spooked people. All 3 of those things are either flat out wrong, or legit retarded.
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    Fuking lmao @ this market. Made a quick $480 on SPXL after seeing futures and just crossing my fingers.

    Still down about 400 though when I bet against the market before the first unemployment numbers were released.

    Still holding the bulk of my cash for long term buys when it go lower though. Only playing with about 5-10% in leveraged ETFs for now.
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    Originally Posted by chino3 View Post
    you invested in a company that was the punchline to every airline joke, and this was before the pandemic, and you thought Buffett sold of his positions in airlines, AND you thought that spooked people. All 3 of those things are either flat out wrong, or legit retarded.
    Thats fine, you and everyone else and their mother can go ahead and jump into BA. While I swim in SPIRIT, much lower price per share and a much larger rebound potential if you look at where it was before the pandemic. To call my move risky is one thing to call me retarded is just ignorance.
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  21. #2001
    BUY SOME LAND communistpanda's Avatar
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    hoping that my $315 4/15 SPY calls have some type of chance lmao
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  22. #2002
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    Originally Posted by cool-beans View Post
    when i look around me whats going on locally - everyone being laid off, businesses going tits up, closures, etc - i dont see how the market could pump like this lol.
    I'd argue if a business is already closing *permanently* then they were most likely going tits up to begin with.

    NY was one of the first states to close chit down hard and ive yet to see anything go out of business for good at least in my area.

    Now...if we dont have a horse racing season, this whole town will go tits up.
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    Originally Posted by fate0311 View Post
    Thats fine, you and everyone else and their mother can go ahead and jump into BA. While I swim in SPIRIT, much lower price per share and a much larger rebound potential if you look at where it was before the pandemic. To call my move risky is one thing to call me retarded is just ignorance.
    I'm calling your ignorance retarded. Again, you stated two blatantly wrong comments. Couldn't care less about your decision to go with an already failing company, but I do hope it works out for you. Doesn't change how retarded you are when it comes to getting facts wrong.


    Jersey reports 1k deaths as the US passes 10k total deaths. This week will be very telling. If we get any directions to lengthen shelter in home orders and/or make them more strict, we will see panic in the market.
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    Ok let me get this straight. We have 1 day of daily cases that is an outlier from the increasing trend, and the market is up over 6%? Best case scenario we have peaked and this will be the deadliest week. Worst case scenario Boris Johnson dies in ICU, and US cases jump back up to continue the increasing trend. Wtf is this pump coming from.
    Last edited by BulkingIsHard; 04-06-2020 at 12:54 PM.
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    BOOMM SHAKALAKA. Let's gooooo. What a day boys. Everything booming from 2 weeks ago and last week.

    As I've said before. This market will leave you in the DUST and make you chase it.

    Rational or irrational. 2 trillion is going to enter the economy. Stocks are going to rise from inflation alone.



    Keep going with your theories kids. Ain't gunna make the market go back to 17k.

    Edit - AMAZON TO THE MOOON
    Last edited by Geneticz; 04-06-2020 at 12:57 PM.
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    And I think that's exactly what's going to happen. Even if our numbers start to drop to fairly low numbers, if we go back even in June the cases are going to skyrocket. The asian countries are having to go back into lockdown. I don't see this being over quickly. Also, a cure from one of our existing drugs will take months at this point.
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    Originally Posted by BulkingIsHard View Post
    Ok let me get this straight. We have 1 day of daily cases that is an outlier from the increasing trend, and the market is up over 6%? Best case scenario we have peaked and this will be the deadliest week. Worst case scenario Boris Johnson dies in ICU, and US cases jump back up to continue the increasing trend. Wtf is this pump coming from.
    What makes you think the market is rational? It should be known by now that it is not.

    Also Chino, I am done arguing with you. Your stupidity is far too frustrating.
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    I'm the resident perma-bull, but this rally is good for taking profits on longs.
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    Originally Posted by Venom08 View Post
    I'm the resident perma-bull, but this rally is good for taking profits on longs.
    First time I havnt agreed with you. Absolutley horrible time to sell. This market is irrational with so much money being pumped into the economy. You are purely guessing if it goes lower. Yes of course it might but not wise to sell right now.

    Do you understand how many times in real life and on this forum I've heard "ill wait to buy till we go lower."

    Our curve here in NC is already starting to flatten.

    3.5 weeks till we open up everything.
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