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Forum » More General Categories » Education/Career/Finance » **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
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09-20-2021, 10:57 AM
#7981
still waiting… no rush
"Paper money is going away" - EM
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09-20-2021, 11:10 AM
#7982
gotta love twitter lol:

JPMorgan strategists said today's sell-off is technically driven and therefore represents a buying opportunity…

"We still wanna dump some more on retail" lmao

"Do the opposite of what they say"
"Paper money is going away" - EM
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09-20-2021, 11:18 AM
#7983
Originally Posted By camaleom
still waiting… no rush
This
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09-20-2021, 11:26 AM
#7984
Didn’t touch the IRA, but liquidated 100% of side trading account at $27.78 earlier this morning that was holding cash I plan to use in the next 9 months.

PLTR obvs, stay safe out there, VOSO proving a safe place to put cash for the moment, lol.
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09-20-2021, 11:26 AM
#7985
If 33545 holds on the djia I will lmfaoooo if that’s the bottom and we continue about our regular programming of rallying.
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09-20-2021, 11:31 AM
#7986
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09-20-2021, 11:32 AM
#7987
Originally Posted By MountainLion84
This
this… 429…
"Paper money is going away" - EM
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09-20-2021, 11:33 AM
#7988
Elias for last few months: "September crash is on the way"
Misc 'Investors' when the dip begins:
He/Him/Bro
Let's go Brandon!!
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09-20-2021, 11:35 AM
#7989
Originally Posted By camaleom
gotta love twitter lol:

JPMorgan strategists said today's sell-off is technically driven and therefore represents a buying opportunity…

"We still wanna dump some more on retail" lmao

"Do the opposite of what they say"
What if they know you'll do the opposite of what they say so they say the opposite of what they want to say so you'll do the opposite of their opposite and actually do what they want
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09-20-2021, 11:39 AM
#7990
Morgan Stanley saying there is perfect storm brewing.

Saying not to buy the dip.

The good old JPMorgan vs Morgan Stanley shiit talking.





close today will be nuts if dow really going -1000 points.



will post some option flow tonight. looks crazy bearish.
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09-20-2021, 11:42 AM
#7991
Originally Posted By dopamine72
Thank fuk I only bought a lil more MSFT, tech lookin like its gon get hammered the rest of the week. I'll be ready to buy more in a few days.
Same. Only bought a few shares knowing Sept can get bloody. Hoping to load up some more on AMD, NVDA, and MSFT.
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09-20-2021, 11:43 AM
#7992
Originally Posted By Elias373
Elias for last few months: "September crash is on the way"
Misc 'Investors' when the dip begins:


oh lort.. Everyone ITT had that hot take for September.
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09-20-2021, 11:51 AM
#7993
Originally Posted By Carbonfibre

will post some option flow tonight. looks crazy bearish.
I get the unusual whales option flow and almost everything coming through is bearish af
"Paper money is going away" - EM
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09-20-2021, 11:58 AM
#7994
This will be one unpredictable week. If China even mentions they will bail out EG their stocks will jump along with everyone else. Temporarily.
I probably banged your mom.

Eat the whole animal like a real man.
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09-20-2021, 12:00 PM
#7995
Horrible ****ing day man.
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09-20-2021, 12:04 PM
#7996
It just so happens FOMC meeting is tmmrw and Wednsday

JPow will speak tomorrow.

lmao imagine they announce taper will begin December this year.


we could circuit breaker on the panic.
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09-20-2021, 12:12 PM
#7997




I don't know if I can handle another red day tomorrow lol pray for me



Originally Posted By MinisterOfLust
Horrible ****ing day man.


Lol <3
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09-20-2021, 12:13 PM
#7998
Bottom is in…. bounce tomorrow
He/Him/Bro
Let's go Brandon!!
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09-20-2021, 12:23 PM
#7999
worst red day ever for me, down over 3% lol

meanwhile bngBROS still going up!
STEM Wagie Brah
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09-20-2021, 12:24 PM
#8000
BROS is so damn juicy
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09-20-2021, 12:26 PM
#8001
BROS and LCID the only greens
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09-20-2021, 12:34 PM
#8002
Originally Posted By Elias373
Bottom is in…. bounce tomorrow
or we open lower like today… fear of ever grande is not going away in a day…

I ma get me some puts b4 eod
"Paper money is going away" - EM
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09-20-2021, 12:37 PM
#8003
Originally Posted By camaleom
or we open lower like today… fear of ever grande is not going away in a day…

I ma get me some puts b4 eod

On the 1m charts saw a inverted head and shoulders and right after my post things started to recover
I am the oracle
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Let's go Brandon!!
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09-20-2021, 01:14 PM
#8004
buy gme ***gots via computershare ,xxxx club ! we r finally going to the moon. 9 long months !
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09-20-2021, 01:22 PM
#8005
Originally Posted By Elias373
Bottom is in…. bounce tomorrow
We "bounced" 4 times already

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09-20-2021, 01:29 PM
#8006
i havent been in here for almost 2 weeks maybe….havent looked at any news…..boy did i pick the wrong day to log in to my etrade
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09-20-2021, 01:32 PM
#8007
Bought some HIMX and SHOP
See title.

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09-20-2021, 01:52 PM
#8008
Congrats to anyone who made some money on BROS. I missed that one, thought I would be getting in too late but it would have been a good play today.
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09-20-2021, 01:58 PM
#8009
Meh, not bad, -2.7% day for me.

Plenty more where that came from.

Come the fuk at me CHYNA
Spoiler alert; you die at the end.
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09-20-2021, 02:31 PM
#8010
Originally Posted By TugOfPeace
Welp, think I'm sold. Doubt I will see profitability if I day trade in a non covid type trading environment. Hmm will have to see what my options are now if I lose my job.

Thought $250 a day might be possible but when you put it like that, seems hopeless.
The market is in a pretty unique position. Honestly, anybody with half a brain post 2008 meltdown made money, with a short retraction in the market half way through that was short lived.

With low interest rates the fed has pushed investment wholly into the stock market. Bonds have been slaughtered, nobody holds them when typically they would be 20%-30% of a balanced portfolio.

We have massive stimulus in every country and huge government supports putting money into peoples pockets. I'd argue most of those people don't spend it on necessities and yolo'd it into the market.

Safe havens like gold are not attractive yet as there's no fear in the market. Once we have a catalyst to return us back to "normal" that will likely change. Whether that be tapering, interest rate increase, inflation issues.

Long story short, the only way to chase yield is to be in the market right now. Investors have no choice but to pump up the stock market as there's no other alternative currently. This is not typical.

Who knows how long this will go on though, that's anybody's guess.
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