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Re: Blood bath on wall street...my advice..
[Re: beaversnipe]
#7776110
03/18/20 01:45 PM
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Joined: Apr 2005
Posts: 43,769
Stub
THF Celebrity
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THF Celebrity
Joined: Apr 2005
Posts: 43,769 |
Oil -12% today And the saudis dancing At what point would you want to buy Oil Futures, now? https://oilprice.com/All Prices OPEC Blends Canadian Blends U.S. Blends WTI CRUDE • 24.43 -2.90 -10.61%BRENT CRUDE • 28.60 -1.81 -5.95% MARS US • 23.25 -2.15 -8.46% OPEC BASKET • 30.63 -3.50 -10.25% URALS •1 day 27.40 -3.40 -11.04%
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Re: Blood bath on wall street...my advice..
[Re: swampthang]
#7776113
03/18/20 01:47 PM
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Joined: Sep 2004
Posts: 1,862
swampthang
Pro Tracker
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Pro Tracker
Joined: Sep 2004
Posts: 1,862 |
When you have some energy stocks and beer companies losing 80%, i call that a burst. There will be plenty of bargain picking this year. I still own Precision drilling, that one lost 97%, i call that a burst as well. Their ceo yesterday did not know what to say. What was the bubble? Hey I'm still waiting for an answer to this. (sound of crickets...)
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Re: Blood bath on wall street...my advice..
[Re: beaversnipe]
#7776130
03/18/20 02:00 PM
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Joined: Jun 2009
Posts: 4,971
Dry Fire
Extreme Tracker
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Extreme Tracker
Joined: Jun 2009
Posts: 4,971 |
I still own Precision drilling, that one lost 97% I feel your pain. I don't buy unless I do my research. Even then, I sometimes miss something. I bought PLT at $45, it is now around $6.
coffee spelled backwards is eeffoc. I don't give eeffoc until I have my morning coffee.
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Re: Blood bath on wall street...my advice..
[Re: Guy]
#7776134
03/18/20 02:02 PM
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Joined: Jun 2009
Posts: 4,971
Dry Fire
Extreme Tracker
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Extreme Tracker
Joined: Jun 2009
Posts: 4,971 |
Next question. Will the Exchanges suspend their rules when a stock drops below $1? Ford is getting closer every day. So is GE.
coffee spelled backwards is eeffoc. I don't give eeffoc until I have my morning coffee.
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Re: Blood bath on wall street...my advice..
[Re: Dry Fire]
#7776144
03/18/20 02:07 PM
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Joined: Sep 2004
Posts: 1,862
swampthang
Pro Tracker
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Pro Tracker
Joined: Sep 2004
Posts: 1,862 |
Next question. Will the Exchanges suspend their rules when a stock drops below $1? Ford is getting closer every day. So is GE. No,it enters the world of unscrupulous market makers and slimy day traders.
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Re: Blood bath on wall street...my advice..
[Re: beaversnipe]
#7776150
03/18/20 02:13 PM
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Joined: Jan 2010
Posts: 23,830
beaversnipe
THF Celebrity
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THF Celebrity
Joined: Jan 2010
Posts: 23,830 |
Tomorrow’s Shopping-list:
Wheaton Precious Metal Barrick Gold Agnico Eagle Mines Kinross Gold Yamana Gold
Just in time They are soaring
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Re: Blood bath on wall street...my advice..
[Re: Guy]
#7776177
03/18/20 02:38 PM
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Joined: Aug 2004
Posts: 8,108
J.P. Greeson
the janitor
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the janitor
Joined: Aug 2004
Posts: 8,108 |
We have not seen the financial impact on the market. All we are seeing is emotional reaction to the virus. The financial impact will begin to hit soon. As Fouz always says, don't try to catch a falling knife. You could be right JP. Uncharted waters.... I will continue to stay positive even if you win our bet..... The positive I see is that hopefully 3-6 months from now there will be opportunity everywhere if you have some cash ... real estate, the market or even purchasing a small business. The bad news is that along the way a lot of people will probably make mistakes that will bankrupt them. Who knows, maybe we will get lucky and a vaccine will start circulating in the next few weeks. As for the bet, if you want to cut it in half, we can do that. Like I said, if I win it's going to the Billy Dyson Foundation.
“Wildlife and its habitat cannot speak, so we must and we will.” – Theodore Roosevelt
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Re: Blood bath on wall street...my advice..
[Re: Guy]
#7776182
03/18/20 02:41 PM
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Joined: Jul 2019
Posts: 2,301
rolyat.nosaj
Veteran Tracker
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Veteran Tracker
Joined: Jul 2019
Posts: 2,301 |
What will the markets do today?
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Re: Blood bath on wall street...my advice..
[Re: beaversnipe]
#7776183
03/18/20 02:43 PM
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Joined: Jul 2019
Posts: 2,301
rolyat.nosaj
Veteran Tracker
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Veteran Tracker
Joined: Jul 2019
Posts: 2,301 |
Tomorrow’s Shopping-list:
Wheaton Precious Metal Barrick Gold Agnico Eagle Mines Kinross Gold Yamana Gold
Just in time They are soaring Might want to double check that amigo.
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Re: Blood bath on wall street...my advice..
[Re: Stub]
#7776191
03/18/20 02:49 PM
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Joined: Apr 2005
Posts: 43,769
Stub
THF Celebrity
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THF Celebrity
Joined: Apr 2005
Posts: 43,769 |
Oil -12% today And the saudis dancing At what point would you want to buy Oil Futures, now? https://oilprice.com/All Prices OPEC Blends Canadian Blends U.S. Blends WTI CRUDE • 24.43 -2.90 -10.61%BRENT CRUDE • 28.60 -1.81 -5.95% MARS US • 23.25 -2.15 -8.46% OPEC BASKET • 30.63 -3.50 -10.25% URALS •1 day 27.40 -3.40 -11.04% Any thoughts on purchasing Oil futures now or ?
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Re: Blood bath on wall street...my advice..
[Re: rolyat.nosaj]
#7776196
03/18/20 02:52 PM
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Joined: Sep 2004
Posts: 1,862
swampthang
Pro Tracker
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Pro Tracker
Joined: Sep 2004
Posts: 1,862 |
Tomorrow’s Shopping-list:
Wheaton Precious Metal Barrick Gold Agnico Eagle Mines Kinross Gold Yamana Gold
Just in time They are soaring Might want to double check that amigo. Holy crap,you're right. They're all down. Ooooof.
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Re: Blood bath on wall street...my advice..
[Re: beaversnipe]
#7776230
03/18/20 03:15 PM
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Joined: Sep 2004
Posts: 1,862
swampthang
Pro Tracker
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Pro Tracker
Joined: Sep 2004
Posts: 1,862 |
Tomorrow’s Shopping-list:
Wheaton Precious Metal Barrick Gold Agnico Eagle Mines Kinross Gold Yamana Gold
Just in time They are soaring Might want to double check that amigo. I just did. Lil down now due to profit taking due to yesterdays 15-30% surge in the miners. Thats fine. Long term on them Franco Nevada went from 107 two days ago to 153 today Franco Nevada: Lil down? I checked them and they're all down over -4 %. That's not exactly "soaring" is it?
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Re: Blood bath on wall street...my advice..
[Re: Guy]
#7776236
03/18/20 03:18 PM
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Joined: Dec 2009
Posts: 9,773
The Dude Abides
THF Trophy Hunter
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THF Trophy Hunter
Joined: Dec 2009
Posts: 9,773 |
He likes to spout off to make himself feel important.
I am still looking for the perfect apron, one with reinforced knee areas would be perfect.
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Re: Blood bath on wall street...my advice..
[Re: Guy]
#7776275
03/18/20 03:46 PM
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Joined: Feb 2012
Posts: 10,404
DQ Kid
THF Celebrity
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THF Celebrity
Joined: Feb 2012
Posts: 10,404 |
Let's be honest, the current environment is not the time for your "average Joe" to start re-allocating/re-investing his/her portfolio. Way too much downtrend and way too much uncertainty still. Hunker down, hang tight and wait for the rebound...
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Re: Blood bath on wall street...my advice..
[Re: DQ Kid]
#7776296
03/18/20 04:03 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
Let's be honest, the current environment is not the time for your "average Joe" to start re-allocating/re-investing his/her portfolio. Way too much downtrend and way too much uncertainty still. Hunker down, hang tight and wait for the rebound... My feelings exactly. Broken record but cash is still king with me.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: Blood bath on wall street...my advice..
[Re: Guy]
#7776330
03/18/20 04:40 PM
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Joined: Jan 2010
Posts: 23,830
beaversnipe
THF Celebrity
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THF Celebrity
Joined: Jan 2010
Posts: 23,830 |
Potus not gonna like this:
Cnbc:
Dow wipes out gains under Trump’s presidency Trump tweeted on Dec. 23 that the Dow was up 55% since his election and promised — less than three months before the market entered a bear market — that “the best is yet to come.”
Last edited by beaversnipe; 03/18/20 04:44 PM.
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Re: Blood bath on wall street...my advice..
[Re: Guy]
#7776343
03/18/20 04:54 PM
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Joined: Oct 2008
Posts: 16,582
68rustbucket
THF Celebrity
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THF Celebrity
Joined: Oct 2008
Posts: 16,582 |
He shouldn’t have bragged on his “bird dog”.
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Re: Blood bath on wall street...my advice..
[Re: Guy]
#7776372
03/18/20 05:24 PM
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Joined: Mar 2007
Posts: 5,716
tigger
THF Trophy Hunter
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THF Trophy Hunter
Joined: Mar 2007
Posts: 5,716 |
This whole disaster is terrible and we need to turn to God and not to our own egos and selfishness. I am prying for all our leaders and that they will lead us as God directs.
Tigger If it isn't white it is not a birddog.
KC Lying is lying. Don't bitch about one doing it and condone another. That's called hypocrisy. _________________
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Re: Blood bath on wall street...my advice..
[Re: tigger]
#7776378
03/18/20 05:26 PM
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Joined: Jan 2006
Posts: 22,268
7mag
THF Celebrity
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THF Celebrity
Joined: Jan 2006
Posts: 22,268 |
west Texas Crude was at 22 and change a while ago, no bueno
"Laugh with many, but don't trust any"
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Re: Blood bath on wall street...my advice..
[Re: Guy]
#7776382
03/18/20 05:28 PM
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Joined: Dec 2010
Posts: 8,841
DocHorton
THF Trophy Hunter
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THF Trophy Hunter
Joined: Dec 2010
Posts: 8,841 |
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Re: Blood bath on wall street...my advice..
[Re: tigger]
#7776391
03/18/20 05:32 PM
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Joined: Jan 2010
Posts: 23,830
beaversnipe
THF Celebrity
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THF Celebrity
Joined: Jan 2010
Posts: 23,830 |
This whole disaster is terrible and we need to turn to God and not to our own egos and selfishness. I am prying for all our leaders and that they will lead us as God directs. On top of that, support your mom and pop shops Forget walmart and others, they making plenty Eating at an italian now and the girl will get a 50% tip Got a haircut and she got 50% too
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Re: Blood bath on wall street...my advice..
[Re: beaversnipe]
#7776397
03/18/20 05:34 PM
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Joined: Jan 2006
Posts: 22,268
7mag
THF Celebrity
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THF Celebrity
Joined: Jan 2006
Posts: 22,268 |
This whole disaster is terrible and we need to turn to God and not to our own egos and selfishness. I am prying for all our leaders and that they will lead us as God directs. On top of that, support your mom and pop shops Forget walmart and others, they making plenty Eating at an italian now and the girl will get a 50% tip Got a haircut and she got 50% too Man, I would love to shop at mom and pop shops, But around here they are ridiculous in prices for the same product.
"Laugh with many, but don't trust any"
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Re: Blood bath on wall street...my advice..
[Re: Guy]
#7776406
03/18/20 05:37 PM
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Joined: Jan 2010
Posts: 23,830
beaversnipe
THF Celebrity
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THF Celebrity
Joined: Jan 2010
Posts: 23,830 |
My doctor said that his prescriptions to anti depression are at an all time high
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Re: Blood bath on wall street...my advice..
[Re: Guy]
#7776450
03/18/20 06:01 PM
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Joined: Nov 2007
Posts: 9,061
Espy
THF Trophy Hunter
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THF Trophy Hunter
Joined: Nov 2007
Posts: 9,061 |
I'm not buying but if I did it would be Walmart. They have had steady growth over the years. Their stores are sold out, but most of all I once met Sam Walton.
Walmart,Lowes,Home Despot,Target,..all smart plays IMHO. Don't make long term investments based on short term gains from this corona thing. That being said, I do like walmart long term because they are giving amazon a run for the money... Walmart stock is almost at an all time high. Sold a 100 shares so I can have some extra pocket money just in case.
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Re: Blood bath on wall street...my advice..
[Re: Guy]
#7776481
03/18/20 06:25 PM
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Joined: Oct 2009
Posts: 4,459
majekman
Extreme Tracker
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Extreme Tracker
Joined: Oct 2009
Posts: 4,459 |
I cashed my chips in several years ago after retiring....but I see tremendous opportunity coming in the market. I’m keeping a close eye and will jump back in at some point. I’m fortunate.... I live comfortably now but even at my age it’s hard to pass up making some money again esp for the grandkids
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