Shedite27 wrote: » fed just pumped in $1BN. Gonna be a bounce for the rest of the day
manonboard wrote: » Ah thats what that sharp increase was. I bought yesterday visa at 172. It crashed over night. I sold today on the peak of that bounce at 171. only a 60 dollar loss. Perfectly happy with it. I was wondering what was causing it. Delighted i got out. It fell immediately after.
lastusername wrote: » Well, my view is always long-term or at the very least medium-term. I would imagine the 'real low' will come in a few weeks or thereabouts (or maybe even a few months), and it will be some time before it all starts to rise again. So for example, wait for a few weeks (at least) to buy Delta, and hold for the next few years - or sell if you want once you do see that uplift and you want / need the funds.
lastusername wrote: » Why on Earth did you do that...??!
Kamu wrote: » Not hold for the mid-term? (As in a few years, not Easter hahah)
Taylor365 wrote: » What are you doing?
manonboard wrote: » You mean strategy? I'm out of the market until I see no panic r fear...before we feel happy again. The economy is good and the stock valuations were crazy. Productivity will be down for a while temporarily. I'll jump back in when travel bans start to lift. When the rate of infection appears to even out shortly..n if our health services can manage a load. When offices seem likely to open again. Before it happens..and after it looks like it will. I got out of this market 4 months ago because I couldn't predict it easy enough. Things seemed fragile and everything was so expensive. Counting my blessings I avoided a loss in this tragedy unfolding. Share holders losing money is never cool when its regular chaps like boardsies!
Taylor365 wrote: » Your idea to buy V after a huge drop, then sell it again the next day for a loss doesn't make sense. There was full panic and fear when you bought it. Either you're only in it for a quick buck, or are in panic mode like the masses. :P Not attacking or trying to be rude, just trying to understand if you're BSing us the psyche :pac:
Mad_maxx wrote: » buy and hold is a mugs game