Boiler Room: The Official Stock Market Discussion

[Donald J Trump]

1:15 to 4:30 He goes into why you don't wait for things to get worse and he's right. The market will probably begin to recover before the news cycle matches what it's doing. You don't spend all your money at once you buy in drip feed.

Great video

 

[Mr Rager]

Today is going to be a BAD day for the market. I'd hold off on any long buys, at least until the end of the 30 day European flight ban

 

[KOohbt]

Crazy how the media can literally decide to hype a cold to the point where it effects the world economy. Get to the money tho

 

[LeVraiPapi]

The truth is there isn't a right or wrong answer for how to handle the market right now. All of the technicals signaled a pullback in 2020 but this is far beyond a technical, it's biological and affects how the globe moves so it's uncharted territory for everybody. It's not a business issue so it's harder to chart.

All comes down to what you feel comfortable with and your risk levels. If you can handle deep drops on position then slowly add, for a lot it's probably best to wait until we reach a floor. Problem with that is support can quickly become resistance like you see with Boeing etc and there's no telling how long this will last or its true effects. We're still weeks behind from what a superpower is supposed to be and it's projected we'll be closer to Italy than S Korea.

Only thing you can do is be smart. Those of you cising penny shyt stocks need to understand that they're volatile on good days. I got told options was gambling a few days ago, nah this is gambling. There's a reason the well off don't even bother with them, just want people to know the danger of some of the optimistic shyt said in here.

I will say this. WHen you doing options, you put stop losses and sell close points. So, you don't even have to lift a finger to sell or keep your profit. On Options, I bought INO when it was 2$ on a 5$ call. It went up to 18. Now you do the math. CODX is now in the mid 10s. Look at their charts

Yes, they are not for long plays but the money is there if you can read a chart and put some hours into research.

Those are not good normal days. On good days I trade FB, TSLA, MSFT, NIKE.

 

[LeVraiPapi]

Crazy how the media can literally decide to hype a cold to the point where it effects the world economy. Get to the money tho

You sir, are the DUMMY smart negga try hard faux intellect of the day.

You a epidemiologist breh? Can you even tell us what aerobic means without googling ?

 

[winb83]

Crazy how the media can literally decide to hype a cold to the point where it effects the world economy. Get to the money tho

This is a mutated version of the flu. Picture you going to work and coming home with it not knowing it for a week and giving it to a grandparent and having them die over it. No big deal right?

 

[winb83]

fukk CCL is halted pending news. That dividend is probably gone.

 

[Doomsday]

fukk CCL is halted pending news. That dividend is probably gone.

Damn, and that was a "safe" dividend too.

My whole dividend portfolio still rocking.

 

[winb83]

Damn, and that was a "safe" dividend too.

My whole dividend portfolio still rocking.

60 day suspension of Princess Cruises. Down 20% in pre-market.

 

[drifter]

I will say this. WHen you doing options, you put stop losses and sell close points. So, you don't even have to lift a finger to sell or keep your profit. On Options, I bought INO when it was 2$ on a 5$ call. It went up to 18. Now you do the math. CODX is now in the mid 10s. Look at their charts

Yes, they are not for long plays but the money is there if you can read a chart and put some hours into research.

Those are not good normal days. On good days I trade FB, TSLA, MSFT, NIKE.

I know how it goes which is why I laughed at buddy calling it that, I day trade options too. Most people aren't jumping into options though, they're going directly into stocks where the only thing they can buy are these pennies that you guys are recommending. If you hadn't have said anything just now, I would've thought you were doing the same.

What I mostly don't like are doughnut, nothing in the middle, head ass nikkas coming in here with bad advice and MJ smilies. Mohamed El Erian who I follow and has been right even down to when a rally will happen is telling people to wait if you're unsure. This stuff kicked off with a forecasted 10% drop from the highs, now forecasted 30% and we're 23% already there. So what's next when you're too early into this thing to go higher?

But then I come in here and there's a bunch of dumb shyt acting like they have it figured out, when they themselves haven't been in the markets that long and those that have been in longer than people have been alive are unsure and even signaling recession. Then there's people following the advice, so now it's blind leading blind. The market's been frozen for like an hour rn. Just want people to be safe.

 

[ahomeplateslugger]

I can't agree with this. As the market goes down I will continue to slowly purchase shares. I'll average down as the decline continues. We just won't know when we've hit the bottom so there's no point in being completely greedy. A company like Facebook at these levels is a great deal. Disney is a great deal. There's no point in obsessing over getting the lowers price possible with these prices being great.

The thing is if you look at the technicals we're in a bearish channel and have way more room to drop. It'll end up costing you more money to do that. You mention Disney and now $80 is around the corner and when/if they close a park it'll drop like an anchor. CCL is at $17 and now single digits is coming. Analyst are saying to wait as well. But different stroke for different folks.

Its called Dollar Cost Averaging
Warren Buffet and Benjamin Grahan think it makes sense so...

Berkshire Hathaway and Warren buffet haven't beven buyers. Last thing I remember them purchasing was some retail company a while ago. He knows it's gonna get worse before getting better.

 

[chineebai]

I can't agree with this. As the market goes down I will continue to slowly purchase shares. I'll average down as the decline continues. We just won't know when we've hit the bottom so there's no point in being completely greedy. A company like Facebook at these levels is a great deal. Disney is a great deal. There's no point in obsessing over getting the lowers price possible with these prices being great.

Well we're like 300 points off the low but I agree with your approach, just average in.

 

[wire28]

I'm buying 20 shares of Uber today to bring my total to 90. Once I hit 100 I'll move on to another stock and stop buying unless it hits the low teens.

I bought some yesterday. I’m just holding off now and seeing how low it goes.

 

[levitate]

Trading halted already.

We may see a 10% drop today, buddies

 

[levitate]

My weed stocks getting pummeled...

good thing I bought with play money and am playing long term