The Rokslide Stock Traders Thread

[Beendare]

Bad day when I went from up 6% on the year to only up 3% in one day!
I'm selling the last 1/3rd I had in Money markets....expecting another leg down as soon as next week to get that $$ in the markets.

The big name Tech companies getting hit hard.....but stuff like my BRK-B is only off .33% and up pretty good for the year. It will be interesting to see what Buffet does with his cash hoard.

 

[safarihunter]

I’m hesitant to shift into cash. Hold too much too long and buying power attrits due to inflation.

It hurts buying power a lot less than the current drops in the market. Admittedly, I am trying what is generally considered a fool's errand of timing the market. But the goal isn't so much to guess at the actual bottom of the market as it is to wait for confirmation that it has turned back up (confirmation primarily being multiple days of strong positive movement with high volume to back it up).

Ultimately all of what I'm talking about is play money, and I do still have my IRA and 401k invested as is typically advised. So I shouldn't have said "nothing but cash and MSTY", but the regular investment vehicles largely run themselves and I don't actively manage them, so I don't tend to think of them when I'm reading on this thread.

 

[HuntHarder]

Bad day when I went from up 6% on the year to only up 3% in one day!
I'm selling the last 1/3rd I had in Money markets....expecting another leg down as soon as next week to get that $$ in the markets.

The big name Tech companies getting hit hard.....but stuff like my BRK-B is only off .33% and up pretty good for the year. It will be interesting to see what Buffet does with his cash hoard.

Yeah, without BRK.b, my year would look a lot worse. COST and VZ somehow managed not to lose any as well. Brk.b will never be my huge gainer, but time has shown that it is a reliable horse.

 

[eddielasvegas]

Posting this for posterity. Heck, in a few more sessions, we might wish we only had these declines.


Eddie

 

[TaperPin]

Admittedly, I am trying what is generally considered a fool's errand of timing the market.

It is a good time to have fun money to ride some of the ups and downs. My fun money is also all in or all out - right now it’s all cash so I’m pretty happy. I continue to do well assuming the market is overly optimistic until bad news hits it in the face. I wish I had shorted something yesterday, but I’m trying to avoid that and only ride the ups and cash out.

 

[Clarktar]

I'm looking for ups also!!

 

[Wrangler13]

Pre market looks worse than yesterday’s losses.

 

[2531usmc]

Might be a time to start putting money back into equities? Blood in the water…..

 

[chanson_roland]

Another 1000 pts "liberated" from the Dow Jones overnight. We're at 39K and change, and that's before the jobs number comes out.

So far about $3T in equity value gone.

I went to 45% cash before the election for just this scenario (emulating Buffett). Still don't think there's buying opportunities yet.

 

[go_deep]

I'll just keep buying at my normal scheduled intervals...

Even if the sky is falling, the clouds are pretty soft.

 

[Idaboy]

Whatta sh}#t show, this is an own goal on our own economy...

 

[stevewes2004]

I'll just keep buying at my normal scheduled intervals...

Even if the sky is falling, the clouds are pretty soft.

This is the way….


Sent from my iPhone using Tapatalk

 

[MuleyFever]

Dang, guess I should have held off buying yesterday.

 

[bozeman]

Stay the course.....steady investment brings about great profit. I am quite surprised at how many people 'watch' daily.....invest, enjoy life TODAY, let the markets go up/down.

 

[SWFLhntr]

Still putting in $ and maxing my contributions. Hopefully it rebounds by the time I need it in a dozen years or so. Seems like a good opportunity really.

 

[MuleyFever]

What do you guys think? Average down a little more today or wait until Monday?

 

[2531usmc]

I’m kinda thinking that we all have seen the market making new highs ....monthly and yearly for some years now. And much of the highs came on the back of euphoria and printed money. At the start of Trump’s term, the PE on the SPY was pushing 30.

We all knew this day would come when a financial panic (certainly in the media) pulls money out of the market like a tsunami.

That is when you buy the market on sale and start feathering dollars into it. No retail investor can pick the bottom, but they can see the market when it starts to go on sale.

 

[Brock A]

What do you guys think? Average down a little more today or wait until Monday?

Both

 

[Fowl Play]

For reference, as far as yearly averages, market has lost about a years worth of growth. Covid saw about a 3 year loss from high to low. I’m averaging in as it falls. My crystal ball is fuzzy on if global trade war or global pandemic brings about the largest decline.

 

[NDGuy]

Port green today, give me more blood