Boiler Room: The Official Stock Market Discussion

[Pyrexcup]

It's been said already but don't catch a falling knife. Oil can drop to $20 causing bigger drops in the market. There's a good chance we have another leg down.

Oh not intreastdd in oil been there done that probably looking at big tech companies i can hold long term

 

[ahomeplateslugger]

This is why you buy very slowly over time. I'll buy 2-3 shares then see what happens tomorrow and buy 2-3 more. It could get worse or it could get better. You just can't know the bottom so you average in very slowly and if the market shoots up take the profits if you didn't get the position built out fully and move on.

Why buy something that dropped 7% when it's expected to drop 15% regardless if you're buying small positions.

 

[ahomeplateslugger]

Oh not intreastdd in oil been there done that probably looking at big tech companies i can hold long term

Lol nah bruh. If the price for a barrel of oil drops to $20 then the market overall will take a big hit. Those tech companies are gonna take a big drop. I personally think apple will drop to $230-240 and if it can't hold there will drop to $220.

 

[Loose]

I'll just wait until start seeing positive momentum before i buy.

 

[Tommy Fits]

About a month ago didn't Goldman Sachs say the economy is nearly recession proof lol

 

[BushidoBrown]

Blame Obama time.

 

[Nobu]

 

[ExodusNirvana]

Increasing my positions in good things that I already had

 

[KOohbt]

Them gas prices in the coming weeks. Already under $2

 

[mson]

My FB stock sinking like a stone!

 

[thatrapsfan]

About a month ago didn't Goldman Sachs say the economy is nearly recession proof lol

To be fair the COVID19 thing is hard to project lol. Same with KSA setting off a price war.

 

[rightfultoefinger]

4kish more drop then the Dow will be where it was when Trump came into office. Wild and we could see this by next week if things get crazy.

 

[ahomeplateslugger]

About a month ago didn't Goldman Sachs say the economy is nearly recession proof lol

ppl are trippin and just straight up greedy man. feds kept cutting interest rates, earnings weren't matching the share price so stocks were way too overvalued.

goldman sachs just said they expect another 10% drop in the market. you hate to see it.

 

[Tommy Fits]

ppl are trippin and just straight up greedy man. feds kept cutting interest rates, earnings weren't matching the share price so stocks were way too overvalued.

goldman sachs just said they expect another 10% drop in the market. you hate to see it.

I kinda don't, after electing Trump as president, normalizing the past 3 years, this country deserves some pain right now

 

[yakamein]

Is anyone buying crude oil stocks? I’m looking into uwt. Dropped to 1.95