Stock Market Thread
Until a market downturn. Then people start to go “why is this worth 300 times its earnings.?” Dot Com bubble 2.0 .

Also, WEEEEEE!

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Why do people just post what they are thinking? Without thinking.

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I think Adam is right about the coming interest rate hike. It may be that people are pulling their gains now I'm anticipation of the rate hikes and their money going bye bye. It will be interesting to see where we go from here.
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That means a buying cycle is coming! Rate hikes were inevitable as the economy improved. Only people worried about short term gains are selling off right now
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(02-05-2018, 07:19 PM)WRXtranceformed Wrote: That means a buying cycle is coming!  Rate hikes were inevitable as the economy improved.  Only people worried about short term gains are selling off right now

The Fed's been pumping that QE and 0% for ages now. Had to end sometime.
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Sold off a few that are under their SMA200, I don't think this is another 2008, but even a minor correction is at least 10% and we aren't there yet.
The only thing that stops a bad guy with a van is a good guy with a van
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Aaaaaand I'm out

Only holding TGLDX and CEF, gold and silver funds
The only thing that stops a bad guy with a van is a good guy with a van
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In all seriousness I don’t think it’s even close to 2008, but I don’t think we are close to the bottom.

The thing that will derail this whole train is people getting spooked and pulling their money, not fundamentals, creating a self fulfilling downturn. Which.always.happens.
Why do people just post what they are thinking? Without thinking.

2012 Ford Mustang
1995 BMW 540i/A
1990 Eagle Talon TSI AWD
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(02-08-2018, 03:06 PM)ViPER1313 Wrote: Which.always.happens.

it does! Sitting around waiting for logic and fundamentals to pull us up won't work. That's not what got us in this bubble in the first place. See you guys later when DJI is closer to 20k. And maybe AMZN at 1000.  Big Grin
The only thing that stops a bad guy with a van is a good guy with a van
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(02-08-2018, 03:06 PM)ViPER1313 Wrote: The thing that will derail this whole train is people getting spooked and pulling their money, not fundamentals, creating a self fulfilling downturn. Which.always.happens.

This x100. People getting scared pulling money out quickly can throw off the trading algorithms and cause strange reactions.
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I hope it bombs. I have a bunch of money that will need to be tossed into my Betterment account soon, would rather buy in low.
(09-25-2019, 03:18 PM)V1GiLaNtE Wrote: I think you need to see a mental health professional.
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I keep coming in here and expecting Lee to school me on why I’m wrong.
Why do people just post what they are thinking? Without thinking.

2012 Ford Mustang
1995 BMW 540i/A
1990 Eagle Talon TSI AWD
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An allegory about why clever people come up with new financial vehicles that inevitably blow up:

http://www.epsilontheory.com/too-clever-by-half/
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[Image: tumblr_static_tumblr_static_8gcnhliy2ycc...ss_640.jpg]
The only thing that stops a bad guy with a van is a good guy with a van
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I was hoping for a picture of a bear devouring an overweight bull, but seals are fat I guess, so this will do.
2018 Ducati Panigale V4

Past: 2018 Honda Civic Type-R, 2015 Yamaha R1, 2009 BMW M3, 2013 Aprilia RSV4R, 2006 Honda Ridgeline, 2006 Porsche Cayman S, 2012 Ducati 1199, 2009 Subaru WRX, 2008 CBR1000RR, 2009 Kawasaki ZX-6R, 2000 Toyota Tundra, 2005 Honda CBR600RR, 1996 Acura Integra GS-R, 1996 Acura Integra GS-R, 1997 Honda Civic EX

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(02-08-2018, 04:30 PM)ViPER1313 Wrote: I keep coming in here and expecting Lee to school me on why I’m wrong.

Wut
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I take a week of vacation and AMZN goes to shit. Hmm.
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https://fivethirtyeight.com/features/the...mbination/
'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944

"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
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Hopefully you all have seen this coming:

https://www.bloomberg.com/news/articles/...registered

I scooped up 5 shares of AMZN today since it's still up in the air whether or not my company will actually open up its private stock purchase. Either way, in the last year we have grown 30% and Amazon has grown 30% so the money is all green to me no matter where it's coming from.

No more vacations for you Chris!
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Relevant to some of your interests:
http://time.com/money/5178950/the-irs-is...s-for-you/

Looks like they are only going after the bigger fish right now (people doing transactions for $20k or more) but I wouldn't be surprised if this doesn't end up trickling down to all crypto transactions and gainz
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Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
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You guys still all in on the crypto?

https://www.cnbc.com/2018/03/26/bitcoin-...y-ads.html
Posting in the banalist of threads since 2004

2017 Mazda CX-5 GT AWD Premium

Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
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