Author Topic: Dow?  (Read 427804 times)

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Offline eyephone

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Re: Dow?
« Reply #1260 on: February 10, 2020, 07:54:51 PM »
Seems like with any material panic there will be central banks out there that will throw a whole lot of liquidity at the downturn.

So far this is worse than SARS!

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Offline OCLuvr

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Re: Dow?
« Reply #1261 on: March 02, 2020, 11:10:27 AM »
Dead cat bounce?

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Re: Dow?
« Reply #1262 on: March 09, 2020, 12:34:55 PM »
Perhaps this is something for another thread, but let's say on January 9th, you thought that during the week of March 9th we'd see the market where it is right now. Assuming a $100k stock portfolio, what would you have done January 9th, and where do you think your $100k would be March 9th?

My .02c

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Re: Dow?
« Reply #1263 on: March 09, 2020, 02:09:14 PM »
So far 2020 has 5 of the top 10 Dow drops... with today being the largest.

Who wants to predict now? Closer to 20k or 30k this year?
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Offline Compressed-Village

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Re: Dow?
« Reply #1264 on: March 09, 2020, 03:18:13 PM »
So far 2020 has 5 of the top 10 Dow drops... with today being the largest.

Who wants to predict now? Closer to 20k or 30k this year?


It probably will be worse before it gets better.

Vaccine is still a year away from developed. It always takes longer to bounce backup.

Offline zubs

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Re: Dow?
« Reply #1265 on: March 09, 2020, 04:45:14 PM »
30% drop during 2001 internet destruction
50% drop during 2009 mortgage backed security destruction.

How far do you think the stock market will drop this time?  Lets say the top is 29,000 dow....so @30% down it would be around 20,300. 

Offline Mety

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Re: Dow?
« Reply #1266 on: March 09, 2020, 05:06:32 PM »
Do you(have you) guys actually make(made) a lot of money from stock?

Offline lnc

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Re: Dow?
« Reply #1267 on: March 09, 2020, 07:25:34 PM »
30% drop during 2001 internet destruction
50% drop during 2009 mortgage backed security destruction.

How far do you think the stock market will drop this time?  Lets say the top is 29,000 dow....so @30% down it would be around 20,300. 

I would guess around 30%.

And once it drops below 25%, I’m doing some serious buying.


Offline daedalus

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Re: Dow?
« Reply #1268 on: March 09, 2020, 09:23:20 PM »
40% is where I put my dart.  I'll start nibbling at -30%.

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Re: Dow?
« Reply #1269 on: March 09, 2020, 09:52:45 PM »
The thing that may push the market down further is companies lowering guidance and missing earnings.
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Offline eyephone

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Re: Dow?
« Reply #1270 on: March 09, 2020, 10:12:17 PM »
The thing that may push the market down further is companies lowering guidance and missing earnings.

And or layoffs

Offline Compressed-Village

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Re: Dow?
« Reply #1271 on: March 09, 2020, 11:56:54 PM »
The thing that may push the market down further is companies lowering guidance and missing earnings.

Right! Productivity, good and service output will be keys numbers to look at. We are yet to know how much productivity is lost. Between the spiked of confirm cases here in the US, and the oil war the market reacted violently. Two major University in CA are doing remote teaching and learning. Major events canceled. And more....

Imagine if credit market stop functioning it will be the next big black swan to watch. No question about that the FED will likely cut another 50 basis point at March 18 meeting, Will this stop the shedding, probably not, but it does provide more liquidity. We gonna need helicopter money drops and use of unconventional monetary tools, a massive fiscal policies kick in for some sort of stability. Then it might run up for a little while but fundamentally it still pretty fudgely, ugly.

Any percent is a guess right now.

Offline aquabliss

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Re: Dow?
« Reply #1272 on: March 10, 2020, 01:33:42 AM »
Noticed that XOM now paying 8%+ dividend.  Not a bad place to park some $ you don’t need for awhile and just collect or reinvest dividend for additional shares.  Don’t know where the bottom is for this stock but the company has deep pockets and isn’t going away anytime soon. 

If I had $1M sitting around, seems like a nice place to put it for guaranteed cash-flow.

Offline aquabliss

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Re: Dow?
« Reply #1273 on: March 10, 2020, 01:34:43 AM »
.

Offline morekaos

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Re: Dow?
« Reply #1274 on: March 10, 2020, 09:18:43 AM »
Seriously,  what has been your experience with this?  most I talked to are pissed. Lawsuits imminent...remember this happened in 2001-02 with Ameritrade, E-Trade and others

Every new service has its nay sayers. People were hesitant to move away from writing checks for fear that their bank account would get raided. Now no one writes checks unless you have to. Caravana and others are changing the car buying process, one of these streamlined home selling services will end up getting enough traction to become more mainstream.

Exactly! People doubted Robinhood online trading. (Free trading model) But now Robinhood has more accounts than E-Trade.

“Robinhood customers have saved more than $1 billion in commission fees to date.”


https://www.investors.com/news/robinhood-app-has-more-customers-than-online-broker-etrade/




Robinhood goes down again, causing clients to miss out on another historic trading day

Robinhood experienced another major outage on Monday.
“Trading is currently down on Robinhood and we’re investigating the issue,” the Silicon Valley start-up said shortly after the opening bell.
Robinhood’s outage comes after days of technical problems starting Monday, March 2, when clients missed out on the biggest one-day point gain in Dow in history.

https://www.cnbc.com/2020/03/09/robinhood-app-down-again-during-another-historic-trading-day.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail

 

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