Boiler Room: The Official Stock Market Discussion

[Rickdogg44]

Yeah definitely BTC because of the contagion effect. While over-leveraged BTC continue getting margin calls, what are they gonna be forced sell to cover those loans? Stocks, regardless of the underlying fundamentals. The Buffet indicator is good too.

So still way overvalued hasn't come down at all recently

 

[Liu Kang]

People did this from 2002-03 while growth stocks continued declining from down 30% to down 50% to down 80-100%.

I dont disagree but long term, this will most likely go back up. My banker lived through the 2001 bubble and my brother told me about the 08 crash (also a banker).

Both averaged down by buying chunks every weeks/months all the way and got to see huge gains ultimately. This is risky but it pays off if you keep your savings safe and if your portfolio is diverse enough.

 

[Da_Eggman]

 

[lib123]

I dont disagree but long term, this will most likely go back up. My banker lived through the 2001 bubble and my brother told me about the 08 crash (also a banker).

Both averaged down by buying chunks every weeks/months all the way and got to see huge gains ultimately. This is risky but it pays off if you keep your savings safe and if your portfolio is diverse enough.

Yeah it paid off eventually but both would have a lot more if they waited to start investing again once the bottom started forming.

 

[GoldenGlove]

Is this how March 2020 felt? For those who were active in the market?

 

[GoldenGlove]

Yeah it paid off eventually but both would have a lot more if they waited to start investing again once the bottom started forming.

You know how to time the bottom?

 

[Liu Kang]

What are you basing that on? After the dot-com bubble, solid companies like MSFT lost over 50%.

And MSFT is now trading at ?

 

[FaTaL]

btc just bounced big? the end?

 

[chineebai]

retail outperforming today, nke, bbby, hd, etc.

 

[Liu Kang]

Yeah it paid off eventually but both would have a lot more if they waited to start investing again once the bottom started forming.

There are dozens of bottom formations all with patterns that could also spell a downtrend continuation. Safest way to invest is to buy chunks every now and then.

 

[lib123]

You know how to time the bottom?

If this is a bubble (which I believe) the bottom will be 50-80% below the peak in high-growth names and indexes. Are we anywhere near that?

 

[lib123]

There are dozens of bottom formations all with patterns that could also spell a downtrend continuation. Safest way to invest is to buy chunks every now and then.

Again, historically bottoms occur when growth names and indices are 50-80% below their peaks. Are we anywhere near that?

 

[dora_da_destroyer]

Definitely agree except for JMIA

What I meant was that catching an IPO stock around it's intro price is a good entry point and that theres only so much a solid company can lose.

RBLX IPO was supposed to be 45 and price is now 60.
COIN IPO was at 250 it is now 170
BYND was 25 and they are now 55 (but not a fan of plant based meat stocks myself)

It's good territory to start averaging down or build a position.

you're right, one of my biggest losers is TDOC - looking at what seemed like modest growth for it in 2018 and 2019, it looks like a good level to buy to avg down...but i've been traumatized by it multiple times now

 

[GoldenGlove]

If this is a bubble (which I believe) the bottom will be 50-80% below the peak in high-growth names and indexes. Are we anywhere near that?

Are you sitting on cash for now basically?

 

[-DMP-]

Again, historically bottoms occur when growth names and indices are 50-80% below their peaks. Are we anywhere near that?

So you’re saying, the DOWs bottom,for example, would be anywhere from 18-11k if the bubble were to “burst”.

that’s a long drop from 36-37k