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Re: Stock Market Crash [Re: Guy] #9086866 08/05/24 08:10 PM
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one73maro Offline
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Was up $140K since Nov.1 2023. In the last 2 weeks not including today I have lost back $35-40K. I moved it to a moderate fund and will see what happens with it there. Hopefully I don't lose all that I gained in that time.

Re: Stock Market Crash [Re: Guy] #9086875 08/05/24 08:23 PM
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freerange Online Content
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To quote Txtro above, ""I hesitate to make too many predictions as nothing makes sense anymore and likely outcomes have proven to been not likely.""
Everyone should just stick with that....


At some point in life its time to quit chasing the pot of gold and just enjoy the rainbow. FR
Keep your gratitude higher than your expectations. RWH
Re: Stock Market Crash [Re: freerange] #9086881 08/05/24 08:27 PM
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kind of a big deal
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Originally Posted by freerange
To quote Txtro above, ""I hesitate to make too many predictions as nothing makes sense anymore and likely outcomes have proven to been not likely.""
Everyone should just stick with that....



I’ve been watching Tech, Consulting services and retail fall like timber last few months. piper going to get paid one way or the other.

The conditions are ripe for a very very bad week


Bottom line, never trust a man whose uncle was eaten by cannibals.-Sen Joni Ernst
Re: Stock Market Crash [Re: Guy] #9086887 08/05/24 08:37 PM
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603Country Offline
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I expected the DOW to retreat at some point. The only hard part is picking where it would retreat. Considered moving serious money to cash, but decided against it. I’m in and staying in


Not my monkeys, not my circus...
Re: Stock Market Crash [Re: Guy] #9086901 08/05/24 08:58 PM
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blanked Offline
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World war 3 on the brink is the issue here. Remember that all you biden , harris lovers the mess trump will inherit

Last edited by blanked; 08/05/24 08:59 PM.
Re: Stock Market Crash [Re: Guy] #9086903 08/05/24 09:11 PM
Joined: Nov 2009
Posts: 71,374
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NORML as can be Online Content
^^Cut the Cord^^
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He won't be selected. Freedom Seeds is what you should be buying, they'll be hard to come by in the not-too-distant future.


(R-TX) .-- " TCNN CURL CRLB VRNO AYR SNDL CGC TLRY MSOS "

_=====___=________==-



Re: Stock Market Crash [Re: blanked] #9086904 08/05/24 09:13 PM
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Originally Posted by blanked
World war 3 on the brink is the issue here. Remember that all you biden , harris lovers the mess trump will inherit

And there was just an attack on an air base in Iraq that injured U.S. troops. Buckle up!!



Awake - Not Woke!
Re: Stock Market Crash [Re: Guy] #9086915 08/05/24 09:35 PM
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'Still a few "experts" missing on this thread. I'm not doing a thing until we hear from them. geekfreak


...and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth. Gen. 1:28
Re: Stock Market Crash [Re: Guy] #9086925 08/05/24 09:57 PM
Joined: Dec 2005
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Guy Online Content OP
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I tell you guys my secret, $25. Man I love amazon!

[Linked Image]

Re: Stock Market Crash [Re: Guy] #9086928 08/05/24 09:58 PM
Joined: Oct 2013
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I’ve got a load of cocaine ready to ship to offset my losses so if anyone has a clean driving record hit me up if you need a little extra folding money..

Re: Stock Market Crash [Re: Guy] #9086933 08/05/24 10:08 PM
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Texan Til I Die Offline
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I was expecting a call today from my guy at Wells Fargo about a chunk that is maturing this month and will need to get moved into something else. Nope, crickets. I think he's either confused, scared or so busy answering his phone and putting out fires that he never got around to calling. Oh well, I've got a couple of weeks before I have to do something.


Silver spurs and gold tequila
keep me hanging on.
Pretty girls and old cantinas
give me shelter from the storm.
Re: Stock Market Crash [Re: Ol Thumper] #9086934 08/05/24 10:08 PM
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jimmiereese1964 Offline
Light Foot
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Originally Posted by Ol Thumper
I’ve got a load of cocaine ready to ship to offset my losses so if anyone has a clean driving record hit me up if you need a little extra folding money..



Im in and have 5 valid states Drivers Licenses

Re: Stock Market Crash [Re: Guy] #9086939 08/05/24 10:14 PM
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Jimbo1 Offline
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Wife received an inheritance consisting of a brokerage account. First met with them a couple of months ago. They wanted us to let them work the account for the best results before we cashed out. They did the deal last week. I’d say it was perfect timing!



Awake - Not Woke!
Re: Stock Market Crash [Re: Guy] #9086948 08/05/24 10:26 PM
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I was in the investment business for over 40 years. First off nobody but nobody can consistently time the market perfectly. It is always a moving target that is impossible to totally time on a long term basis.

The other thing folks overlook is this - if you are more than five years out from retirement then stay in the market and ride it out - history shows that it will eventually rally back and provide good returns.

On the other hand if you are within five years of retirement and/or in retirement then you should have your exposure to the market scaled back. I am not saying stay out of the market but your exposure should less than it was while you were in the accumulation phase. The reason being that if you are fully in the market and close to or into retirement is that you most likely are drawing out some of your money for income. If the market tanks but you have to continue pulling money out it is a double whammy and will take way longer to recoup your losses.

Last edited by tlk; 08/05/24 10:28 PM.

You can't fix stupid
Re: Stock Market Crash [Re: Guy] #9086949 08/05/24 10:29 PM
Joined: Jan 2009
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Judd Online Confused
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One uppers unite...this thread has some serious potential rofl


Originally Posted by Phil Robertson
Don't let your ears hear what your eyes didn't see, and don't let your mouth say what your heart doesn't feel
Re: Stock Market Crash [Re: Guy] #9086950 08/05/24 10:30 PM
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entertainment value is priceless!


Originally Posted by Superduty
I am still looking for the perfect apron, one with reinforced knee areas would be perfect.

Re: Stock Market Crash [Re: Guy] #9086952 08/05/24 10:31 PM
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ntxtrapper Online Content
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I’ve got a CD about to mature in a couple of months. Maybe the interest rate will go up before that.

Re: Stock Market Crash [Re: tlk] #9086953 08/05/24 10:34 PM
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jimmiereese1964 Offline
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There has been 25 year periods where the DOW aint moved.1 or 2 points up was a huge day. If we are under 50 years of age we will witness the end of the DOW etc...

Re: Stock Market Crash [Re: jimmiereese1964] #9086955 08/05/24 10:40 PM
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NORML as can be Online Content
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Originally Posted by jimmiereese1964
Originally Posted by Ol Thumper
I’ve got a load of cocaine ready to ship to offset my losses so if anyone has a clean driving record hit me up if you need a little extra folding money..



Im in and have 5 valid states Drivers Licenses

Yeah but he knows he can trust me cool2


(R-TX) .-- " TCNN CURL CRLB VRNO AYR SNDL CGC TLRY MSOS "

_=====___=________==-



Re: Stock Market Crash [Re: NORML as can be] #9086994 08/06/24 12:10 AM
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Originally Posted by Judd
One uppers unite...this thread has some serious potential rofl


Shut yo mouf pretty boy……

smile ani
Originally Posted by NORML as can be
Originally Posted by jimmiereese1964
Originally Posted by Ol Thumper
I’ve got a load of cocaine ready to ship to offset my losses so if anyone has a clean driving record hit me up if you need a little extra folding money..



Im in and have 5 valid states Drivers Licenses

Yeah but he knows he can trust me cool2


Let’s do it already, powder for the win woot

Re: Stock Market Crash [Re: JCB] #9087045 08/06/24 01:43 AM
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Quote
It was below zero just a few short years ago.


Yes but I've yet to run into a producer who sold during that time. I had all my battery's full and my test tanks, only thing we sold during that little Saudi, Russia squabble was gas. We didn't sell any oil for a month and a half. Good thing about oil and gas is, it's not going anywhere.


Yes! A Weatherby does kill them deader.
Re: Stock Market Crash [Re: 603Country] #9087047 08/06/24 01:54 AM
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Originally Posted by 603Country
I expected the DOW to retreat at some point. The only hard part is picking where it would retreat. Considered moving serious money to cash, but decided against it. I’m in and staying in


Not my first rodeo dealing with the stock market, it always makes it's way back and beyond.


Yes! A Weatherby does kill them deader.
Re: Stock Market Crash [Re: Guy] #9087049 08/06/24 02:01 AM
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Buzzsaw Online Content
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On the other hand if you are within five years of retirement and/or in retirement then you should have your exposure to the market scaled back. I am not saying stay out of the market but your exposure should less than it was while you were in the accumulation phase. The reason being that if you are fully in the market and close to or into retirement is that you most likely are drawing out some of your money for income. If the market tanks but you have to continue pulling money out it is a double whammy and will take way longer to recoup your losses.


True this


SPACE FOR RENT


Re: Stock Market Crash [Re: HWY_MAN] #9087054 08/06/24 02:10 AM
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Originally Posted by HWY_MAN
Good thing about oil and gas is, it's not going anywhere.


Nat gas below 2 makes me sad. frown I really could have gotten used to it when it was 9. Easy come, easy go. Laissez les bons temps rouler!


...and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth. Gen. 1:28
Re: Stock Market Crash [Re: tlk] #9087094 08/06/24 05:02 AM
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Originally Posted by tlk
I was in the investment business for over 40 years. First off nobody but nobody can consistently time the market perfectly. It is always a moving target that is impossible to totally time on a long term basis.

The other thing folks overlook is this - if you are more than five years out from retirement then stay in the market and ride it out - history shows that it will eventually rally back and provide good returns.

On the other hand if you are within five years of retirement and/or in retirement then you should have your exposure to the market scaled back. I am not saying stay out of the market but your exposure should less than it was while you were in the accumulation phase. The reason being that if you are fully in the market and close to or into retirement is that you most likely are drawing out some of your money for income. If the market tanks but you have to continue pulling money out it is a double whammy and will take way longer to recoup your losses.



Advice like this helps keep me sane.


For it is not the quarry that we truly seek, but the adventure.
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