Dow is Down 900+ points Today 2/24/2020
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same shit happened in 2018. people dont remember but it dropped pretty hard to 22,000. This time around I am thinking 18-19000 will be the bottom. The market is a long term game, it's hard to take the losses but trust me if you buy now HEAVY and wait 20 years, you will make a shit ton of money . as soon as we get a virus fix the market is going back up to the moon and stars. ....till then sit tight.
he got smart and bought a c8 =P
@03Sssnake just won the Internet for today. LOL
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All the epidemiologists and virologists are saying 12-18 months for a vaccine, they are also saying there is likely to be a second outbreak in the fall as the Virus becomes endemic. I think im going to wait another 2-3 weeks to and hopefully we will see the bottom by then.
The US needs to go gray and think about ourselves for the first time instead of helping others but the reason why we have so many health issues s because we strive to be the best but sometimes like a father kicking his kid out of the house to make something of themselves is what's needed and here we are!
You sir I agree with, It's about time the US takes the tit off the worlds mouth
futures down 500+ points after hours right now. I smell another 1200+ point loss tomorrow.
The sad thing is the feds announced their stimulus package of 500bill to 1.5 trill, and the oil market was still red lel. Shit is ****ed right now.
Watch TZA tomorrow
The sad thing is the feds announced their stimulus package of 500bill to 1.5 trill, and the oil market was still red lel. Shit is ****ed right now.
Watch TZA tomorrow
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What stimulus package
**** it. Im loading up on more puts tomorrow. Airlines, entertainment, oil ...even blue chips are taking huge baths. This is terrible.
I meant stimulus package as a whole, not specifically oil
Oil Price Crash Continues Despite $1.5 Trillion Fed Repo Bailout | OilPrice.com
Apache is down to $7 a share holy shit
Hold off on Oil, it will dip a few more points. We might start using reserves but it's a point to prove to mideast. Besides Telsa if a company wanted to to go full-on electric or e80-85 I would love it and pray that Dubai and all of the money they sunk into islands and our money drowns them for their advantages they've become what they are use to
Stimulus won't work. If the markets shook right now, it's shook. The only way you push this up will be via increasing consumer confidence which bumps sales, makes investors feel better about buying, and let things build back up.
They need to get money into the hands of people who only know how to spend, ie the average american. Cutting billions lose to investors/banks will just make them sit on it. And I don't blame them, I would too.
They need to get money into the hands of people who only know how to spend, ie the average american. Cutting billions lose to investors/banks will just make them sit on it. And I don't blame them, I would too.
Yesterday's drop cost me 56K, ........................expect another dump today for the weekend.
Good times !!
Good times !!
Obviously I joke. What else can you do?
****. I just retired early, my wife is getting laid-off (not known when I retired), now this.
The bright spot is we just refinanced from 3.125% to 2.5%. It'll save us about $8500, and we'll pay-off the house 9 months earlier.
Yes, we lost a shitload more than that over the past few days, but what ya gonna do?
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Did you sell though? If you didn't sell then you still have your shares. Values diminished but the market will come back.
If you got out then yea, it cost you.
Any of you fine gents think there will be a buyers market on new vehicles? Wife wants a Wrangler/Gladiator. I doubt they will give them away, but with as much uncertainty out there right now I wonder how much they'd be willing to discount to move a unit.
With both of us now being state employees, we have a steady income. AZ's budget is very healthy thanks to our governor, so I don't see any potential for furlowing.
With both of us now being state employees, we have a steady income. AZ's budget is very healthy thanks to our governor, so I don't see any potential for furlowing.
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