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Markets still falling like whoa

Llano Estacado

By Llano Estacado
in Business and Markets

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Eastwood
Eastwood

That's why I'm out. There is no end game, IMO. This has to be fixed outside of the market and I got too nervous about what that entails for retail investors. They will always be last on the list, if o

Rusty Shackelford
Rusty Shackelford
Eastwood
Eastwood

I'm not a financial advisor. This is not financial advise. I don't work in finance. I do not have a degree in finance. Actually, I have a BA and I'm bad at math past Cal I. I won't apologize for the l

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B00M

B00M 6414

Posted
Posted
7 hours ago, HellesBier said:

its just his stick

Who are you even talking about? There’s a forum for politics. This isn’t it. This is like your 50th account here so I know you know that. 

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HellesBier

HellesBier 188

Posted
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1 hour ago, B00M said:

Who are you even talking about? There’s a forum for politics. This isn’t it. This is like your 50th account here so I know you know that. 

youre clearly a moron. have you not seen his spam posting. idiot.

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StassneyHorn

StassneyHorn 6574

Posted
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Mostly yo-yo’d. GDP was strong and Jerome’s hard-on for the PCE metric reaching 2.5 clinches the rate cut IMO. Not sure which way whichever new iteration of HellesBier wants to go with the “bUt ThE bIdEn EcOnOmY” remark. I’ve literally been the smartest man alive on this forum with the best pulse on the economy and I don’t give out compliments that easily.

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UTGrad98

UTGrad98 2271

Posted
Posted

For those of you who like to day trade on the way down, the first truly big resistance points are 515ish for the fibonacci retracement of the 565 high and 351 low of the SPY and 508ish for the 10% correction. The initial 10% correction bounce in 2022 was one of the biggest just reviewing the notes I made. The initial 20% drop also had a big bounce back in 2022. The last 3 recessions had an average of a 41% drop. The more the merrier as far as I'm concerned as i will be trading at these levels like I always do. 

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txduck87

txduck87 985

Posted
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Oh no. We are all the way back on the S&P to where it was in mid June! We are all gonna die.

S&P only up 12% for the year now. Just horrible. Markets don’t go straight up ladies.

Long and strong for decades . Namaste.

4bca510da9ad2317bff8130a302c58ae.jpg

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Incredulity

Incredulity 11655

Posted
Posted
17 minutes ago, txduck87 said:

Oh no. We are all the way back on the S&P to where it was in mid June! We are all gonna die.

S&P only up 12% for the year now. Just horrible. Markets don’t go straight up ladies.

Long and strong for decades . Namaste.

4bca510da9ad2317bff8130a302c58ae.jpg

The Big Lebowski Film GIF by The Good Films

 

overreacting is what we do.  Have you ever been on a game thread?

 

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Trey3216

Trey3216 15345

Posted
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19 minutes ago, txduck87 said:

Oh no. We are all the way back on the S&P to where it was in mid June! We are all gonna die.

S&P only up 12% for the year now. Just horrible. Markets don’t go straight up ladies.

Long and strong for decades . Namaste.

4bca510da9ad2317bff8130a302c58ae.jpg

I see a beautiful setup for H&S pattern there.   That’s what’s disturbing 

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txduck87

txduck87 985

Posted
Posted
I see a beautiful setup for H&S pattern there.   That’s what’s disturbing 

Short term swings are unnerving to be sure. All I know is trying to time the market requires you to be right twice (when to sell and when to buy). I know I’m not that smart and most others aren’t either. I made my share of mistakes in my 20s and 30s but then FINALLY realized you ain’t gonna beat the market over a long period of time. Boring but ultimately pays off.

#retired@55
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Trey3216

Trey3216 15345

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48 minutes ago, txduck87 said:


Short term swings are unnerving to be sure. All I know is trying to time the market requires you to be right twice (when to sell and when to buy). I know I’m not that smart and most others aren’t either. I made my share of mistakes in my 20s and 30s but then FINALLY realized you ain’t gonna beat the market over a long period of time. Boring but ultimately pays off.

#retired@55

No doubt.  Moreso saying it can get back to that 2021 peak a lot faster than it took to get from the '22 low to current levels.  Stairs up, elevators down.  

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