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Forum » Historical night- Market is crashing tonight
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Thread: Historical night- Market is crashing tonight

post 1599354631 03-09-2020, 07:00 AM
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#61
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Originally Posted By tehgosu⏩
interesting, it's been a while since i followed any investment classes so it all kinda slipped away from my memory

what are some of the etf's to name a few?
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post 1599354641 03-09-2020, 07:00 AM
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Originally Posted By LieutenantGains⏩
ThanksTrumpChina.
Yes.
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post 1599354821 03-09-2020, 07:04 AM
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Originally Posted By Johnez⏩
My condolences to you for missing however many solid years of gains to hit this dip.

Unless you magically got out of the market at the right time to have the cash. I can actually believe it if you did. I almost pulled the trigger to bail at exactly the right moment but rode on.... Fuk me.
Same had my hand on the button when Corona escaped China and didn't do it.
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post 1599354911 03-09-2020, 07:06 AM
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Originally Posted By Weezy32⏩
LOL **** was gonna crash even without Corona. I was in the market to buy a house in February. Found a few that i liked and made offers and was out bid for all of them. One of them was listed for 263k i offered 281k and was not even the top two offer...i was 3rd in line to buy it. WTF.


Another house went on market on Sunday i called my agent and asked to schedule the visit for Monday the agent called me back on Monday saying dont bother they already have multiple offers site unseen. I mean people buyink 260k houses like its a fukkin cheeseburger.

I figured out why though i was approved for up to 300k loan and the lender told me since i have good credit we can go up too 350k with only 5% down. What a joke....didnt learn anything from 2008.
Yeah it's absurd how much they'll loan on a house , the debt ratio you're allowed to take on is absurd. My wife and I were approved for 440k and we ended up buying a 305k house and that was the very peak of what we considered spending.
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post 1599354941 03-09-2020, 07:07 AM
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Just like the bull market was not sustainable . . . neither is the panic over coronavirus. It will get worse before it gets better, but at some point this will blow over and the panic/uncertainty will reverse. Then the narket will come back like it always does.

Just looking at the numbers the market has lost and the volatility are pretty scary on their own. But to me, this doesn't have nearly the same feeling that the other crashes have been related to. 2008-2009 was far scarier fundamentally. The dotcom bubble burst was pretty bad. 9/11 was bad. This just feels like virus panic making everyone potato and impacting global manufacturing and business and it will end at some point. Virus will burn itself out and the recovery will start.
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post 1599354991 03-09-2020, 07:08 AM
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Funny for this to happen during an election year, even more funny that the biggest achievement of trumps career (boosting the economy) is now in shambles all thanks to an over hyped flu like virus that MSM won't let up on. Brb grabbing tin foil hat....

This fool's running a Honda 2000
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post 1599355081 03-09-2020, 07:12 AM
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Anyone have some buy lists for after this entire thing blows over?

I'm looking at picking up an airline, casino, and a big tech name. Thoughts? Staying away from cruise lines and oil/gas since those rebounds could be longer term fuked.
post 1599355191 03-09-2020, 07:16 AM
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Originally Posted By allianc3⏩
Anyone have some buy lists for after this entire thing blows over?

I'm looking at picking up an airline, casino, and a big tech name. Thoughts? Staying away from cruise lines and oil/gas since those rebounds could be longer term fuked.
Many investors have lost money on airline stocks throughout the years. Id be weary(they often do not correlate to a logical investment thesis).
post 1599355231 03-09-2020, 07:17 AM
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fuark
post 1599355241 03-09-2020, 07:18 AM
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Originally Posted By allianc3⏩
Anyone have some buy lists for after this entire thing blows over?

I'm looking at picking up an airline, casino, and a big tech name. Thoughts? Staying away from cruise lines and oil/gas since those rebounds could be longer term fuked.
If you saw some of the rebounds after the last time oil hit $20, I think you’d have a different perspective on O&G

Clayton Williams Energy comes to mind. Could’ve easily 10x your money. Obvious play considering the vast majority of our energy needs are still met by crude and natural gas. $20 oil for any considerable amount of time is laughable.
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post 1599355271 03-09-2020, 07:18 AM
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Originally Posted By JoshSP1985⏩
Yeah it's absurd how much they'll loan on a house , the debt ratio you're allowed to take on is absurd. My wife and I were approved for 440k and we ended up buying a 305k house and that was the very peak of what we considered spending.
People just need to be more responsible like you when making huge financial commitments like buying a house (and cars, etc). Know what you can really afford and not spend up to what you are "approved" for.

It's also moments like these that make the live below your means and pay-off-the-mortgage-early crowd sleep a little better.
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post 1599355391 03-09-2020, 07:21 AM
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Originally Posted By rippedandforty⏩
and the Dems are happy about this....pathetic losers
Nobody is happy about this except people selling puts.
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post 1599355541 03-09-2020, 07:24 AM
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Originally Posted By Johnez⏩
My condolences to you for missing however many solid years of gains to hit this dip.

Unless you magically got out of the market at the right time to have the cash. I can actually believe it if you did. I almost pulled the trigger to bail at exactly the right moment but rode on.... Fuk me.
Yeah I had a feeling this would happen. So I put all my 401k to safe heaven after the rise back up a week or two ago.
post 1599355571 03-09-2020, 07:24 AM
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#74
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if you guys are not investing in cheap companies then i don't know what the hell you are doing. Everyone in this thread should be happy right now. companies are getting cheaper by the day lmao, what the hell are you guys crying about?
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post 1599355661 03-09-2020, 07:26 AM
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Originally Posted By Jms89⏩
Funny for this to happen during an election year, even more funny that the biggest achievement of trumps career (boosting the economy) is now in shambles all thanks to an over hyped flu like virus that MSM won't let up on. Brb grabbing tin foil hat....

Yep nailed it go tell those 108,000 crisis actors they can come out now. Don't worry about the 3500 dead either. They were just death row inmates. All part of the MSM plan man!!!
post 1599355781 03-09-2020, 07:28 AM
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#76
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Originally Posted By LieutenantGains⏩
Nobody is happy about this except people selling puts.
you mean BUYING puts.... or selling calls...... u got it backwards lol
post 1599355881 03-09-2020, 07:32 AM
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Down 7% right out of the gate.
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post 1599356281 03-09-2020, 07:39 AM
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Fuuuarrrk every thing on sale
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post 1599356561 03-09-2020, 07:42 AM
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#79
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Say I wanted to buy some stocks...what would the misc CEOs suggest?
Best thread: http://forum.obnoxiousbrutes.com/showthread.php?t=168274783
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post 1599356771 03-09-2020, 07:45 AM
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We circuit breakers now
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post 1599356781 03-09-2020, 07:45 AM
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Originally Posted By ImpressiveGainz⏩
Say I wanted to buy some stocks...what would the misc CEOs suggest?
Pretty much anything right now.
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post 1599357151 03-09-2020, 07:49 AM
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sucks to see my portfolio down, but luckily I don't need to tap into it for a few decades, so I'm poised to ride this out. I've got a decent chunk in cash just waiting to buy a bunch while it's on sale.

probably gonna take advantage of the current interest rates and refinance the old homestead.
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post 1599357171 03-09-2020, 07:50 AM
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Originally Posted By ImpressiveGainz⏩
Say I wanted to buy some stocks...what would the misc CEOs suggest?
Short the market.

And then use everyone's tears as lube while you bang supermodels in your Lamborghini as the world crumbles around you
A young bull and an old bull were standing atop a hill looking at a bunch of heifers in a field below.

The young bull says "Let's run down this hill and fuk one of those heifers."

The old bull replies "No. Let's walk down there, and fuk them all."
post 1599357291 03-09-2020, 07:53 AM
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Originally Posted By Lefticle⏩
Pretty much anything right now.
Hah alright.
Originally Posted By Achilles87⏩
Short the market.

And then use everyone's tears as lube while you bang supermodels in your Lamborghini as the world crumbles around you
I ain't no Jordan Belfort...I marginally know how to play the market, so just wanted to buy some stuff and sit on it for a few years.
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post 1599357451 03-09-2020, 07:56 AM
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Pick some good gold stocks and stack some bullion boyos. Once the big corps start piling their money into gold it will be too late. Federal reserve has nothing left to do but cut interest rates to zero and possibly go negative. Could a gold standard come back? maybe, but I'd be hedging myself against the market right now regardless. Corona virus was never the problem, it was just the prick that popped the over inflated bubble and once the air starts coming out there's no stopping it.
post 1599357501 03-09-2020, 07:57 AM
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lol bunch of pussies.

now is the time to buy

go no contact NOW
post 1599357611 03-09-2020, 07:58 AM
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So wtf do smart people do at this point? I've been steadily pouring money into my 401k and will continue on as I see the long term picture. I got my bro a brokerage account last year and he's a schitting a brick right now. What the hell do we do right now?

I know "buy" is everyone's answer, but feck chits not feeling like it's gonna resolve any time soon. Rather wait or play something safe in the meantime...
Virtue is its own reward.
post 1599357871 03-09-2020, 08:03 AM
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Originally Posted By ImpressiveGainz⏩
Hah alright.



I ain't no Jordan Belfort...I marginally know how to play the market, so just wanted to buy some stuff and sit on it for a few years.
I mean you could do that or.... You could be a 10k a day misc CEO

https://www.investopedia.com/article...-short-market/
A young bull and an old bull were standing atop a hill looking at a bunch of heifers in a field below.

The young bull says "Let's run down this hill and fuk one of those heifers."

The old bull replies "No. Let's walk down there, and fuk them all."
post 1599357891 03-09-2020, 08:04 AM
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#89
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I've lost over 100k today, no e brag.

During that bloody week I lost around 250k lol.
Survival. When the jungle tears itself down and builds itself into something new. Guys like you and me, we end up dead. Doesn’t really mean anything. Or, if we happen to live through it, well that doesn’t mean anything either.
post 1599357921 03-09-2020, 08:05 AM
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Originally Posted By Johnez⏩
So wtf do smart people do at this point? I've been steadily pouring money into my 401k and will continue on as I see the long term picture. I got my bro a brokerage account last year and he's a schitting a brick right now. What the hell do we do right now?

I know "buy" is everyone's answer, but feck chits not feeling like it's gonna resolve any time soon. Rather wait or play something safe in the meantime...
Both of you should both sell the farm so us shorts make even more
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