Stocks and Trading Thread - Channeling your inner Mono

Started by MadImmortalMan, December 21, 2009, 04:32:41 AM

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crazy canuck

#2550
February 25, 2020, 06:23:48 PM
So now I am not feeling as stupid for sitting on cash.

Habbaku

#2551
February 25, 2020, 06:36:58 PM
At what point are you planning on not sitting in cash?
The medievals were only too right in taking nolo episcopari as the best reason a man could give to others for making him a bishop. Give me a king whose chief interest in life is stamps, railways, or race-horses; and who has the power to sack his Vizier (or whatever you care to call him) if he does not like the cut of his trousers.

Government is an abstract noun meaning the art and process of governing and it should be an offence to write it with a capital G or so as to refer to people.
-J. R. R. Tolkien

Admiral Yi

#2552
February 25, 2020, 06:54:40 PM
I'm giving thought to jumping in after another bad day.

Maybe buy some Alphabet then, maybe wait for some more bad news to hit Apple before buying that.

crazy canuck

#2553
February 25, 2020, 06:56:35 PM
Quote from: Habbaku on February 25, 2020, 06:36:58 PM
At what point are you planning on not sitting in cash?

I don't know yet.  I had a meeting scheduled with people who wanted to give me that answer in January but it had to be rescheduled for next week.  I am interested to hear what they tell me.

Richard Hakluyt

#2554
February 26, 2020, 03:23:14 AM
I'm in cash now apart from some gold stocks, some bonds and a couple of speculatives.

I think this virus will become a pandemic and will seriously disrupt the world economy.....so there will be a substantial adjustment to stockmarket values.

Of course I could easily be wrong  :P

Tamas

#2556
February 26, 2020, 09:39:48 AM
Quote from: Admiral Yi on February 26, 2020, 09:31:45 AM
Market opens up.

Obvs. The POTUS has just confirmed the coronavirus panic is just fake news.

Hamilcar

#2557
February 26, 2020, 01:11:44 PM
Volatility to ignore. #longterminvestor

Admiral Yi

#2558
February 26, 2020, 01:59:03 PM
After the positive open the broad market has turned red.  Maybe this was Mimsy's predicted bounce before continuing the PRECIPITOUS DECLINE INTO FINANCIAL RUIN.

Hamilcar

#2559
February 26, 2020, 02:09:40 PM
Quote from: Admiral Yi on February 26, 2020, 01:59:03 PM
After the positive open the broad market has turned red.  Maybe this was Mimsy's predicted bounce before continuing the PRECIPITOUS DECLINE INTO FINANCIAL RUIN.

If a few red days lead you to financial ruin, man, you gotta revaluate your position on risk management.

Admiral Yi

#2560
February 26, 2020, 02:14:07 PM
Quote from: Hamilcar on February 26, 2020, 02:09:40 PM
If a few red days lead you to financial ruin, man, you gotta revaluate your position on risk management.

The financial ruin is upcoming, not what has already happened.

Valmy

#2561
February 26, 2020, 02:41:14 PM
This crisis calls for an immediate government bail-out!
Quote"This is a Russian warship. I propose you lay down arms and surrender to avoid bloodshed & unnecessary victims. Otherwise, you'll be bombed."

Zmiinyi defenders: "Russian warship, go fuck yourself."

Camerus

#2562
February 26, 2020, 03:12:19 PM
Stand your ground and keep buying assets at lower prices.  :bowler:

Habbaku

#2563
February 26, 2020, 03:14:03 PM
Quote from: Hamilcar on February 26, 2020, 01:11:44 PM
Volatility to ignore. #longterminvestor

:cheers:
The medievals were only too right in taking nolo episcopari as the best reason a man could give to others for making him a bishop. Give me a king whose chief interest in life is stamps, railways, or race-horses; and who has the power to sack his Vizier (or whatever you care to call him) if he does not like the cut of his trousers.

Government is an abstract noun meaning the art and process of governing and it should be an offence to write it with a capital G or so as to refer to people.
-J. R. R. Tolkien

Tamas

#2564
February 28, 2020, 04:36:44 AM
I haven't added anything to my stock market account in ages due to the account being in the Netherlands and Brexit. So I am not seriously-seriously exposed to the growing shitshow.

But it still kinda hurts that I've got an automatic warning that my Lloyd's Bank shares lost 22% of their value in one day.
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