Boiler Room: The Official Stock Market Discussion

chineebai

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Even though you bless the thread with updates
, you have been saying sit on cash for awhile. Is it because of the overall bear trend of the market or news lately with the Delta variant? Just curious

I haven't sat on cash, only for certain brief periods where things were extremely sideways, especially during OPEX. When I say cash is a position, it's mainly to remind people not to overtrade. But each person has to manage their own risk.

Overall, I'm more cautious now for short term because of the Afghanistan events and how it could potentially impact the infastructure bill. Say for example. something crazy happens, then the bill doesnt get passed, which the market is expecting and built into price already, then that won't be good.
 
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I haven't sat on cash, only for certain brief periods where things were extremely sideways, especially during OPEX. When I say cash is a position, it's mainly to remind people not to overtrade. But each person has to manage their own risk.

Overall, I'm more cautious now for short term because of the Afghanistan events and how it could potentially impact the infastructure bill. Say for example. something crazy happens, then the bill doesnt get passed, which the market is expecting and built into price already, then that won't be good.
As always appreciate your insight. This thread is the only reason me and a few others are still here. Salute
 

ahomeplateslugger

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i'm not too familiar with the details of reverse repos but the Fed have been increasing their reverse repo consistently lately. i'm only hesitant putting money into the market because idk what's going to happen when they stop tapering. this is so much money i can't imagine it going well.
 

GoldenGlove

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What's the worst investment yal made in the market this last year?

Mines gotta be jumping into the EV parts hype and buying warrants for VLDR (Velodyne Lidar) when it was $12.50 and CPSH when it was $18...
:beli:

As of today VLDRW is down 84.80% and trading at $1.88 and CPSH is down 68% and trading at $5.76
:mjlol:

Bought both at damn near the worst time
:snoop:
 

chineebai

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CLSD is doing pretty well, it is my a lotto call and it's a bio so super risky and volatile. I have a 2+ year time frame on this one.
 

chineebai

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Bios have been strong recently, look at IBB for reference, I think it's due another leg up. 185 target, just my opinion.
 
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