Markets still falling like whoa

[Cheeseweasel 26439]

3 minutes ago, bernorange said:

@Cheeseweasel isn't nearly as (unintentionally) funny as Jim Cramer.

Well that's just mean.

[bernorange 8385]

1 minute ago, Cheeseweasel said:

Well that's just mean.

[Trey3216 15450]

1 hour ago, bernorange said:

@Cheeseweasel isn't nearly as (unintentionally) funny as Jim Cramer.

Cramer can be a buffoon, but he is pretty damned in tune to some things, namely he was spot on about this then, and he is now as well.  

 

 

[Anastasis 23699]

Email: Learn how margin can help you work toward your financial goals.

 

Fuck you Chuck. 

 

[StruggleBus 3922]

On 9/28/2022 at 1:40 PM, Make em eat Taco Bell said:

the doom and gloom has been baked in already right? Today is good so far Dow +500; methinks the worst is over. 

[Trey3216 15450]

Well, Nike just shot out some more good inventory and consumer trend reports.  Down 10% AH.   Tomorrow gonna be a nice end to Q3.  Not gonna be a fun start to q4 either.  I expect heavy selling through thanksgiving.  

[52-80 19379]

September always stuck ass. Pumpkin/pilgrim rally when?

[bernorange 8385]

@Trey3216 you had me at buffoon.  As with all cable 'news', it's really hard to tell just how much autonomy the 'talent' gets to exercise.  

[Wally Fairway 5664]

56 minutes ago, 52-80 said:

September always stuck ass. Pumpkin/pilgrim rally when?

FWIW - you should learn how to spell Santa 

[Sam Lin 3591]

Santa Rally 2024! Who's in?

[Wally Fairway 5664]

fuck - I just looked at my investment accounts for the first time is a couple of weeks, only the second time this month.

Why in the hell did I do that???

 

[Hefeweizen 5416]

This seems like it could spread…

[Parliament 14560]

5 minutes ago, Wally Fairway said:

fuck - I just looked at my investment accounts for the first time is a couple of weeks, only the second time this month.

Why in the hell did I do that???

 

You, Sir, need a break.  Who does Sparty play tomorrow? Try to tune in and watch.  Get your mind off of your impending destitude.

[Wally Fairway 5664]

56 minutes ago, Parliament said:

You, Sir, need a break.  Who does Sparty play tomorrow? Try to tune in and watch.  Get your mind off of your impending destitude.

what are you talking about - watching Sparty play football is all about impending destitude/destruction/desperation and depression.

Edited September 30, 2022 by Wally Fairway
I didn't pay attention to who posted that - it should say FUCK YOU

[Guest]

2 hours ago, Hefeweizen said:

This seems like it could spread…

Nah, it's fine. Let the Suisse deal with it.
 

[Shaggy3.0 1695]

28,995.51

-230.10 -0.79%

A line was crossed.

 

🤕

[Cheeseweasel 26439]

[Guest]

Since CPI came in at 8.3% instead of 8.1% on September 13, the S&P 500 is down 12.8%.

 

[Cheeseweasel 26439]

43 minutes ago, FirstTimeCaller said:

Since CPI came in at 8.3% instead of 8.1% on September 13, the S&P 500 is down 12.8%.

 

.2% was the cliff apparently.

[Dr. Teeth 5868]

3 hours ago, Shaggy3.0 said:

28,995.51

-230.10 -0.79%

A line was crossed.

 

🤕

 

[fattyflattie 4640]

2 hours ago, Cheeseweasel said:

.2% was the cliff apparently.

What kind of faith do you have that it will get better?  That’s what I see. 

[StruggleBus 3922]

[Parliament 14560]

Username checks out.

[Hefeweizen 5416]

Never mind, credit suisse is fine.

 

[52-80 19379]

[Humble Beast 258]

Kind of striking to see how far we’ve fallen. But it has to go lower. 

[Hefeweizen 5416]

Lol stupid political post.  What his inauguration has to do with Fed policy is beyond me.  But you can’t help it, I know.

[Humble Beast 258]

23 minutes ago, Hefeweizen said:

Lol stupid political post.  What his inauguration has to do with Fed policy is beyond me.  But you can’t help it, I know.

Lol don’t be such a fucking baby. It’s just a milestone. If I really wanted to blame Biden I would CR shit post about it.

 

The crazy part is the amount of monetary and fiscal stimulus that has resulted in nada. 

Edited October 3, 2022 by Humble Beast

[Hefeweizen 5416]

Lol.  We’re pretty much at full employment.  We’ve made a lot of business owners very wealthy (myself included as a stock holder in a private company).  What we have done is transfer a massive amount of wealth.  
 

Sorry your crypto made you a poor.

[Incredulity 11861]

Prepare thy anus

@StassneyHorn

still buying?

[Humble Beast 258]

9 hours ago, Hefeweizen said:

Lol.  We’re pretty much at full employment.  We’ve made a lot of business owners very wealthy (myself included as a stock holder in a private company).  What we have done is transfer a massive amount of wealth.  
 

Sorry your crypto made you a poor.

Yes that’s it. I’m poor. From crypto. 
 

Congrats on your success. Hopefully you can secure an exit from your private stock. 

[Captainant 28387]

1 hour ago, Humble Beast said:

Yes that’s it. I’m poor. From crypto. 
 

Congrats on your success. Hopefully you can secure an exit from your private stock. 

At least his private stock represents a portion of a company that actually exists and has assets lol. Your shit coins just represent the expendature of electricity and utilization of compute power, but nothing tangible or persistent. Hope you secure enough dumb money to exit your coins when you want to

[Cheeseweasel 26439]

9 minutes ago, Captainant said:

At least his private stock represents a portion of a company that actually exists and has assets lol. Your shit coins just represent the expendature of electricity and utilization of compute power, but nothing tangible or persistent. Hope you secure enough dumb money to exit your coins when you want to

My Beanie Baby collection will cover my recent losses.

[Humble Beast 258]

10 minutes ago, Captainant said:

At least his private stock represents a portion of a company that actually exists and has assets lol. Your shit coins just represent the expendature of electricity and utilization of compute power, but nothing tangible or persistent. Hope you secure enough dumb money to exit your coins when you want to

I own a good amount of private stock as well. Speaking from experience.
 

Not all my eggs are in one basket. 
 

 

[StassneyHorn 6755]

11 hours ago, Incredulity said:

Prepare thy anus

@StassneyHorn

still buying?

Yes. This is how people accumulate shares and make money, feel free to buy only when the market goes up.

[Laxtonto 13013]

So did everyone decide that the Fed is now all of the sudden going to change their mind?

Watching the markets act bipolar and so easily swayed by favorable news while ignoring unfavorable news one day and then shift course and do the exact opposite 2 days later make me really wonder why I even look at the market at daily snapshots and instead maybe it would be better to just do this once a week on like a Wednesday...

[Fudge Nuggets 19407]

28 minutes ago, StassneyHorn said:

Yes. This is how people accumulate shares and make money, feel free to buy only when the market goes up.

I love it when stocks are on sale.

[StassneyHorn 6755]

Thinking you will catch a falling knife and unload cash all at once and all at the bottom is wallstreetbets level of retarded

 

[Fudge Nuggets 19407]

Which is why I still hold quite a bit of cash and continue to make purchases - i.e. because stocks are on sale.  After a leg down, buy more index fund shares.  Nothing fancy and actually pretty boring, but my strategery is it will payoff just fine in a couple of years.

[Hefeweizen 5416]

Cashed my Petrobras dividends and sold the stock on Bolsonaro’s better than expected showing.  High risk but I suspected he would do better than expected.  That is a serious potential play if Lula wins, since he used it as a piggy bank when he was president of Brazil.

[Aqua Buddha 14782]

56 minutes ago, Fudge Nuggets said:

Which is why I still hold quite a bit of cash and continue to make purchases - i.e. because stocks are on sale.  After a leg down, buy more index fund shares.  Nothing fancy and actually pretty boring, but my strategery is it will payoff just fine in a couple of years.

Yes, the markets are incredibly oversold right now.  Ton of cash on the sidelines, lots of sellers, and no buyers.  It may take until after the mid terms but once people realize that, the buyers will be back.

[Mo Horn 8933]

I read one article that said we would have a "rip your face off rally" after the midterms. Strange choice of words, but hope he's right. I'm still buying low right now. 

[Wally Fairway 5664]

Today's market action seems completely rational, I just can't figure out rational based on what?

[Cheeseweasel 26439]

45 minutes ago, Wally Fairway said:

Today's market action seems completely rational, I just can't figure out rational based on what?

FOMO TINA rally.

[Hefeweizen 5416]

4 minutes ago, Cheeseweasel said:

FOMO TINA rally.

Damn that didn’t take long to dig those bodies up!

[StruggleBus 3922]

[Incredulity 11861]

3 hours ago, StassneyHorn said:

Yes. This is how people accumulate shares and make money, feel free to buy only when the market goes up.

So now you’re back to bullish instead of paying off mortgage debt?

 

[Cheeseweasel 26439]

42 minutes ago, Hefeweizen said:

Damn that didn’t take long to dig those bodies up!

[StassneyHorn 6755]

43 minutes ago, Incredulity said:

So now you’re back to bullish instead of paying off mortgage debt?

 

It’s almost like I can do both, and was asking a question to mortgage guys on what makes sense for an owner in Austin in the first 5 years of his mortgage.

How did that whole prepare your anus thing go?

Edited October 3, 2022 by StassneyHorn

[Guest]

59 minutes ago, Incredulity said:

So now you’re back to bullish instead of paying off mortgage debt?

 

 

17 minutes ago, StassneyHorn said:

It’s almost like I can do both, and was asking a question to mortgage guys on what makes sense for an owner in Austin in the first 5 years of his mortgage.

How did that whole prepare your anus thing go?