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  1. #3721
    720 Crew topperstyle's Avatar
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    Can y’all at least get some Avis so you don’t all look the same lol
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  2. #3722
    High Value Male Lefticle's Avatar
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    Finished the day down $10.4k. LOL @ me
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  3. #3723
    Registered Alpha mgftp's Avatar
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    Originally Posted by Lefticle View Post
    Finished the day down $10.4k. LOL @ me
    I wish I was only down 10k on the day.
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  4. #3724
    Registered User Harry362's Avatar
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    Only Optimus can save us
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  5. #3725
    DIY Brah FL_Z32's Avatar
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    Another -2k day. This is getting old fast.
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  6. #3726
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    This is democrats and joe bidens doing. Country going down the tubes.
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  7. #3727
    720 Crew topperstyle's Avatar
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    Optimus pls
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  8. #3728
    Registered User roughinhouse's Avatar
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    Originally Posted by Travis99 View Post
    This is democrats and joe bidens doing. Country going down the tubes.
    It was a market correction lol. It's because many stocks are far too overvalued so they're being cut down.
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  9. #3729
    Quadfather StackingPlates's Avatar
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    Originally Posted by MotorCityCobra View Post
    Should i sell EV stock such as TSLA & XPEV with massive losses along with tech stocks suck as PLTR, BB, AAPL? Im down so much its not even fun. Sold ARKK with 15% loss today
    Did your actual investment thesis (why you purchased them) on these specific equities change from the day when you purchased them? If you felt they were fairly valued when you originally bought them then why would you sell them now when they would be undervalued compared to the purchase date?
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  10. #3730
    👽👽👽👽👽👽 MinisterOfLust's Avatar
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    Originally Posted by Travis99 View Post
    This is democrats and joe bidens doing. Country going down the tubes.
    Loco en la cabeza?
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  11. #3731
    👽👽👽👽👽👽 MinisterOfLust's Avatar
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    Originally Posted by MotorCityCobra View Post
    Should i sell EV stock such as TSLA & XPEV with massive losses along with tech stocks suck as PLTR, BB, AAPL? Im down so much its not even fun. Sold ARKK with 15% loss today
    Sold NIO and xpev yesterday. I still have PLUG and SPWR for now. I will keep Palantir no matter what happened. I am holding more oil or energy stocks and they are doing a good job for me thus far.
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  12. #3732
    Registered User Arem24's Avatar
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    Originally Posted by KingSWRV View Post
    And hopefully by then we will both have made it right bro?
    This is the way.

    Also, to those cheering a Green Day for PLTR, after hours says “NO!”

    Time to pull the seat cushions out again and search for some change to buy lower tmw
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  13. #3733
    RIP GST taf1968's Avatar
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    Originally Posted by Arem24 View Post
    This is the way.

    Also, to those cheering a Green Day for PLTR, after hours says “NO!”

    Time to pull the seat cushions out again and search for some change to buy lower tmw
    AH doesn't count.

    Or something.
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  14. #3734
    Jags Are Bake charity4thepoor's Avatar
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    Originally Posted by topperstyle View Post
    Optimus pls
    Revive is dying PAIN
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  15. #3735
    Registered User meep316's Avatar
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    I hate the stock market.
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  16. #3736
    God loves you Venom08's Avatar
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    Can’t wait for Nasdaq to fall another 10-15% so I can load up on cheap with my put gains
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  17. #3737
    Registered SKBeast's Avatar
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    Rope sales surely thru the roof this week
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  18. #3738
    test the limits RobParks2M's Avatar
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    Originally Posted by meep316 View Post
    I hate the stock market.
    I remember being told shut up and buy and thank me later.


    Don’t act like no one told you about pump and dumps.
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    0.4 mg of party's over wake the FK up!
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  19. #3739
    User Registered Carbonfibre's Avatar
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    Originally Posted by Venom08 View Post
    Can’t wait for Nasdaq to fall another 10-15% so I can load up on cheap with my put gains
    Don't get too confident now.

    If Nasdaq is falling another 10-15 percent than so will energy and bank sectors.

    Last year brought a lot of new investors that can panic and that can lead to mass selling and not rotating into anything.


    30 year fixed mortgage rates are already above 3% and economy is no where near back to full employment.
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  20. #3740
    Platinum Travis99's Avatar
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    I have 100 shares of ARKG at $109

    I don’t need the money and it could sit in my account for years if I needed it to. I haven’t sold a single share of anything. I’m just gonna hold until things come back. Down $4,400 as of today.


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  21. #3741
    Registered Alpha mgftp's Avatar
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    Originally Posted by Carbonfibre View Post
    Don't get too confident now.

    If Nasdaq is falling another 10-15 percent than so will energy and bank sectors.

    Last year brought a lot of new investors that can panic and that can lead to mass selling and not rotating into anything.


    30 year fixed mortgage rates are already above 3% and economy is no where near back to full employment.
    Job numbers will be released first thing tomorrow morning too I think. If it's bad it's fuel to the fire.
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  22. #3742
    User Registered Carbonfibre's Avatar
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    Originally Posted by mgftp View Post
    Job numbers will be released first thing tomorrow morning too I think. If it's bad it's fuel to the fire.
    Will be interesting for sure tmmrw.

    January it was weak think something like 60K was added.

    So still 9-10 million unemployed.

    Yet rates are rising which is not helping what Fed wants full employment and 2 percent inflation rate.
    Last edited by Carbonfibre; 03-04-2021 at 06:16 PM.
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  23. #3743
    Registered User Destor's Avatar
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    Yup mortgage rates are going up or on the cusp of going up here as well, working on finalizing my renewal and the broker is very aware of what's happening in the bond market
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  24. #3744
    User Registered Carbonfibre's Avatar
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    Originally Posted by Destor View Post
    Yup mortgage rates are going up or on the cusp of going up here as well, working on finalizing my renewal and the broker is very aware of what's happening in the bond market
    For us (Canada) think there will be real estate correction coming. Imo it was due even before covid.

    Houses are selling at crazy rates above ask. 50K+ over asking price.

    Bank of Canada said last week about overheating housing market.
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  25. #3745
    God loves you Venom08's Avatar
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    Didn’t rates rise during trump’s term? This is idiocy to think raising rates will tank the markets.
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    User Registered Carbonfibre's Avatar
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    Originally Posted by Venom08 View Post
    Didn’t rates rise during trump’s term? This is idiocy to think raising rates will tank the markets.

    There was not 10 million unemployed. When rates rose.

    What was unemployment than 4-5 percent.

    You now have 9-10 million unemployed and you have not even vaccinated enough to open everything.


    Didn't like shiitload of airlines lay off 400K etc

    https://www.forbes.com/sites/jackkel...h=1220cfb724b3

    Is every business operating at full capacity?
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    Originally Posted by Carbonfibre View Post
    For us (Canada) think there will be real estate correction coming. Imo it was due even before covid.

    Houses are selling at crazy rates above ask. 50K+ over asking price.

    Bank of Canada said last week about overheating housing market.
    Man I kinda hope not here in Alberta, prices have dropped every year since I bought. This year's property tax assessment was actually the first in five years that wasn't a huge decrease, went up a whole +$500

    Ontario and BC though, saw headlines the other day that the average house in the Toronto area just hit $1million
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    Originally Posted by Carbonfibre View Post
    For us (Canada) think there will be real estate correction coming. Imo it was due even before covid.

    Houses are selling at crazy rates above ask. 50K+ over asking price.

    Bank of Canada said last week about overheating housing market.
    There was just a house in Kitchener a couple weeks ago that sold for 300K over asking lmao just wild.
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    Originally Posted by Venom08 View Post
    Didn’t rates rise during trump’s term? This is idiocy to think raising rates will tank the markets.
    They were raising rates and that’s what caused markets to sell 20%, they recovered because they lowered rates. Stock market( growth) survives on cheap debt
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    Originally Posted by Heaney View Post
    There was just a house in Kitchener a couple weeks ago that sold for 300K over asking lmao just wild.
    Sweet jesus

    Cheap debt is right, they were practically giving money away for a long time and assets are blowing up all over the place as a result. I think even the used watch market is going ham, since the top end brands (especially Rolex) are often treated as stores of value. Bet you artwork etc is blowing up too, just imagine how much cheap debt the 0.1% were probably able to tap into
    Last edited by Destor; 03-04-2021 at 07:05 PM.
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