Boiler Room: The Official Stock Market Discussion

Dameon Farrow

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Okay definitely should go to 18k now on the dow. If it breaks below that, then lord have mercy. That line has held since 2009.
The amount of selling pressure is scary as hell. In order to feel 18k will hold I'll need to start seeing the red candles leveling off around 19k. If they don't, I wouldn't trust 18k to hold. I'd buy around there though. But not all in. Because it will go up one day.
 

Pyrexcup

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heres a question, whats gonna indicate we hit bottom? 2 green days in a row? im thinking i might say close enough at that point, and put my buys in
well we over here in the uk arent even in proper lockdown yet boris johnson only advised about people not to go out, i think once uk in is proper lockdown then it's a wrap
 

THE MACHINE

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heres a question, whats gonna indicate we hit bottom? 2 green days in a row? im thinking i might say close enough at that point, and put my buys in
Right. I swear I don't understand throwing all this money in after -2500. Not only did it plunge, but it took a complete nosedive in the last 40 minutes and only the closing bell stopped it. Why can't people just wait for 3 or 4 days where we make modest 350 point gains then go in? This is a crazy risk to dump money in right now.
 

the cac mamba

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Right. I swear I don't understand throwing all this money in after -2500. Not only did it plunge, but it took a complete nosedive in the last 40 minutes and only the closing bell stopped it. Why can't people just wait for 3 or 4 days where we make modest 350 point gains then go in? This is a crazy risk to dump money in right now.
the timing too

like even if people start buying stocks again, we have MONTHS left of this fukkin shyt :bryan:
 

Doomsday

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Right. I swear I don't understand throwing all this money in after -2500. Not only did it plunge, but it took a complete nosedive in the last 40 minutes and only the closing bell stopped it. Why can't people just wait for 3 or 4 days where we make modest 350 point gains then go in? This is a crazy risk to dump money in right now.

:mjlol: Because you have situations like Disney where they can buy their own shares and pump the numbers up anytime they want for however long they want. Everyone thought they would go under 80 but they didn't, and in hindsight everyone wishes they loaded up at 80.

:mjlol:Never wait when a stock is on a fire sale. Because regardless (like in the case of PLAY) it's a major flip. So why be scared to buy?

:mjlol:Disney was already at a 3x flip (Not including the unlimited potential of a long hold) and nikkas was scared to pull the trigger over 10-20 more dollars? Yaw nikkas sit back and starve cuz I'm gone eat.
 

FabTrey

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Right. I swear I don't understand throwing all this money in after -2500. Not only did it plunge, but it took a complete nosedive in the last 40 minutes and only the closing bell stopped it. Why can't people just wait for 3 or 4 days where we make modest 350 point gains then go in? This is a crazy risk to dump money in right now.


Eat now and eat more later. Thats how all of us should approach recession breh.
 
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