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**Un-OFFICIAL** Trading and Investing Thread: Part XIII -- Robber Baron Edition
02-25-2021, 07:07 PM
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#2851
- topperstyle
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Originally Posted By USAPump⏩
It’s bigger than that.You gents think when the stimulus bill gets voted and passed in the house that it will reverse the downtrend?
02-25-2021, 07:08 PM
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#2852
- PermaBulk610
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- PermaBulk610
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Originally Posted By TugOfPeace⏩
Take the Rolex back. Two week Buyers remorse period.My portfolio is down 23%, lost all my February gains. Feel like complete chit. And just the other day I bought myself a Rolex for $15k.. basically lost that money, fuk.
If we bounce back somewhat I may gain back 14%..
If we bounce back somewhat I may gain back 14%..
02-25-2021, 07:12 PM
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#2853
- NoScrubz
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Originally Posted By USAPump⏩
1) Market took a dive due to a spike in bond yieldsYou gents think when the stimulus bill gets voted and passed in the house that it will reverse the downtrend?
2) Bond yields are spiking because markets are dumping bonds
3) Markets are dumping bonds because of inflation fears, which would lead to the Fed hiking rates
4) Inflation fears are due to how much money has been pumped into the system over the past year
5) A new stimulus would increase that money supply, right before the economy fully reopens
6) Back to step 1?
02-25-2021, 07:15 PM
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#2854
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Originally Posted By Destor⏩
Intel hasn't even recovered from March 2000 yetDiscount brah? Apple was trading for $56 (post-split value) not even 12 months ago. NVDA was at $212, AMD was <$40, and FSLY was at $14, all less than a year ago
I'm bearish on this chit but these companies have had insane runs and are still almost at all-time highs, Intel is the only one that looks reasonable and even it had dipped to like $44 recently. Maybe these are good valuations, but calling it a discount seems like a stretch when these are up +100-300% in less than a year
I'm bearish on this chit but these companies have had insane runs and are still almost at all-time highs, Intel is the only one that looks reasonable and even it had dipped to like $44 recently. Maybe these are good valuations, but calling it a discount seems like a stretch when these are up +100-300% in less than a year
The above post is 100% false
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02-25-2021, 07:22 PM
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#2855
- taf1968
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Ooof . . . my Etrade was down $8,600 for the day.
Not even gonna look at my 401k.
Not even gonna look at my 401k.
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02-25-2021, 07:31 PM
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#2856
02-25-2021, 07:39 PM
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#2857
- Arem24
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Originally Posted By TugOfPeace⏩
Bruh, there's some legitimate long term concern on watch valuation, most ballers I know even just go straight with an Apple watch. They haven't liquidated their collections, but it's not the same anymore and it's a building trend.I'm up 216%.. but after this week I'm up 166%. If we have even a minor recovery I'll be back up 180%.
Nah, I'm keeping it. I'm actually planning to buy one more as well. My finances are in good shape, just pissed I didn't pull out sooner. I'll make back the $16k and more, assuming we're not going into a bear market.
Nah, I'm keeping it. I'm actually planning to buy one more as well. My finances are in good shape, just pissed I didn't pull out sooner. I'll make back the $16k and more, assuming we're not going into a bear market.
Personally, I have a few cheap quality watches like Timex and a couple Movados because I like the aesthetic.
02-25-2021, 07:40 PM
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#2858
- MediocreGains
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- MediocreGains
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Originally Posted By USAPump⏩
Mostly priced in.You gents think when the stimulus bill gets voted and passed in the house that it will reverse the downtrend?
Originally Posted By Galindo62⏩
Doubtful. Just the same kind of volatility we've been seeing every couple months after a massive runup. We saw an even bigger correction in September, and look at where we're at now. The market has been in a constant state of worry for the past year because no one wants to be caught standing when the music stops, but I don't think this is it.The crash continues boyos. Who knows how deep it will go.Bear market perhaps?
02-25-2021, 07:51 PM
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#2859
- meep316
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- meep316
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Sold 80k shares of AWGI yesterday to "buy the dip" on XMET when everyone said the R/S document was fake. Was about $500 worth. Planned on buying back into AWGI by adding between now and Wednesday.
Today AWGI went up 80% and XMET dipped even further. I may not be able to even get my original 80k shares back of AWGI without paying triple the price. Fukking want to die right now.
Today AWGI went up 80% and XMET dipped even further. I may not be able to even get my original 80k shares back of AWGI without paying triple the price. Fukking want to die right now.
02-25-2021, 08:01 PM
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#2860
- Travis99
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Originally Posted By TugOfPeace⏩
I got $50.50 in XMET. That’s probably why it crashed.weren't you making long DD posts about XMET.. is it not a good play anymore? I'm down 50% but put in $500 for the lols. there were multiple times when I could've cashed out with $500 profit but decided to wait.. rip
100% srs
There is no they…
02-25-2021, 08:15 PM
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#2861
- Arem24
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- Arem24
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Originally Posted By TugOfPeace⏩
For sure, that’s reasonable. Also, still a good hold of value, that and guns.I do have an apple watch, but I've waited for nearly a decade to own my first pricey watch; been waiting to be debt free before buying it and I finally got there. It's a reminder to me of how far I've come, because I started my adult life deep in the red (student loans). Not too concerned about its long term value. I have precious metals already and figure Rolexes will never lose too much value, it's also a store of wealth for me.
I only want one more Rolex and I'm good for a long, long time.
I only want one more Rolex and I'm good for a long, long time.
99% of humans would find a worse way to spend the money.
02-25-2021, 08:28 PM
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#2862
- SouthDakotaBrah
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Originally Posted By Arem24⏩
who needs guns when you have these? (see avi)For sure, that’s reasonable. Also, still a good hold of value, that and guns.
99% of humans would find a worse way to spend the money.
99% of humans would find a worse way to spend the money.
02-25-2021, 08:29 PM
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#2863
- PositiveCrew
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Originally Posted By _zman⏩
+175% YTD, +300% 1 yearHow are you guys standing YTD? I'm showing 9% return, need to know if I need to make any adjustments if there is some doom and gloom coming, might buy some more ARK on the cheap.
#GME
have been averaging like 30% the last 3 years
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02-25-2021, 08:40 PM
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#2864
- johnnyboi123
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thanks biden!
02-25-2021, 08:56 PM
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#2865
02-25-2021, 08:58 PM
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#2866
02-25-2021, 09:57 PM
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#2867
02-25-2021, 10:06 PM
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#2868
- Heaney
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Originally Posted By TugOfPeace⏩
Dow dropped 1200pts in a week in January, 2000pts in 17 days in October, 2500pts in 3 weeks in September.I wasn't nearly as leveraged in January; wasn't even day trading in June/Sept/Oct. Were the dips this bad back then?
02-25-2021, 10:11 PM
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#2869
- SipNPiz
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- SipNPiz
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Yea today was meh/10 bought some GO since I shop there a lot, it’s busy all the time and they’re growing, peep the revenue growth.
Also a lot of their products they get for nothing since they are overstock or label change or seasonal change items, huge profit margin.
See chit their for .99 that sells for 4.99 at Whole Foods
Also a lot of their products they get for nothing since they are overstock or label change or seasonal change items, huge profit margin.
See chit their for .99 that sells for 4.99 at Whole Foods
STEM Wagie Brah
Oil/commodity based trader
02-25-2021, 10:28 PM
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#2870
- AverageKenneth
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Originally Posted By Galindo62⏩
Liquidated like 85% of my portfolio last week so I ****ing hope so.The crash continues boyos. Who knows how deep it will go. Bear market perhaps?
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02-25-2021, 10:34 PM
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#2871
02-25-2021, 10:48 PM
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#2872
- Lefticle
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- Lefticle
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Originally Posted By taf1968⏩
Lucky. I’m down $11k today for a total of $21k this week.Ooof . . . my Etrade was down $8,600 for the day.
Not even gonna look at my 401k.
Not even gonna look at my 401k.
Always Neg Back Crew.
02-25-2021, 11:15 PM
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#2873
02-25-2021, 11:16 PM
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#2874
- MinisterOfLust
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Originally Posted By USAPump⏩
LolAnyone want to pray together for whats coming today ?
02-25-2021, 11:31 PM
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#2875
02-26-2021, 12:05 AM
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#2876
- MediocreGains
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- MediocreGains
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Originally Posted By Heaney⏩
Exactly. Hurts more though since we all have larger accounts now, and many of us are taking on more risk now (well, I am).People in here are becoming panicky weirdos. The market did this exact same thing in June, Sept, Oct and Jan. Not every day is going to be green.
Was down 10% today because I'm mostly in growth stocks, and even my "safe" theta plays are getting killed because the puts I sold are now in or almost in the money. They expire 3/19 though, so I still got time.
Originally Posted By TugOfPeace⏩
Worse. You can take a look at the charts.I wasn't nearly as leveraged in January; wasn't even day trading in June/Sept/Oct. Were the dips this bad back then?
Futures are looking ugly tonight though, and if support breaks we might see another September.
02-26-2021, 12:08 AM
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#2877
Originally Posted By Heaney⏩
Lol this. People who jumped in at the end of last year or this year have only seen green so as soon as there's a day or a week of red dilderidoos it's panic market crash we gon lose everything.People in here are becoming panicky weirdos. The market did this exact same thing in June, Sept, Oct and Jan. Not every day is going to be green.
Relax and learn delayed gratification.
02-26-2021, 12:30 AM
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#2878
- slavko
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- slavko
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Originally Posted By USAPump⏩
Father, who art thou in heaven. I pray for thy and the misc brethren. For you said your yoke is easy and your burden is light. Take these heavy bags and do not allow Satan to steal our gains, Amen.Anyone want to pray together for whats coming today ?
You're only an atheist until you're on your deathbed.
02-26-2021, 01:15 AM
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#2879
- Lefticle
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Originally Posted By slavko⏩
Ye though I walk through the valley of the shadow of panic sells, I fear no losses, for Thou art with my portfolio.Father, who art thou in heaven. I pray for thy and the misc brethren. For you said your yoke is easy and your burden is light. Take these heavy bags and do not allow Satan to steal our gains, Amen.
Always Neg Back Crew.
02-26-2021, 02:01 AM
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#2880
- USAPump
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Originally Posted By MediocreGains⏩
Futures looked like they picked up a bit as of now.Exactly. Hurts more though since we all have larger accounts now, and many of us are taking on more risk now (well, I am).
Was down 10% today because I'm mostly in growth stocks, and even my "safe" theta plays are getting killed because the puts I sold are now in or almost in the money. They expire 3/19 though, so I still got time.
Worse. You can take a look at the charts.
Futures are looking ugly tonight though, and if support breaks we might see another September.
Was down 10% today because I'm mostly in growth stocks, and even my "safe" theta plays are getting killed because the puts I sold are now in or almost in the money. They expire 3/19 though, so I still got time.
Worse. You can take a look at the charts.
Futures are looking ugly tonight though, and if support breaks we might see another September.
There might be hope. Keep praying with me brahs.
The above post is 100% false
*Baby wrist crew*
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