Boiler Room: The Official Stock Market Discussion

[Big Jo]

nothing has happened like this since 2011 it may take weeks for things to calm down.

Agreed

Lots of stop losses hitting and panic selling. I see this taking a few weeks to settle

 

[Ohene]

nothing has happened like this since 2011 it may take weeks for things to calm down.

yup. my homie just came back from vacation and is salivating. I told him to chill until september. We havent had a green day or even a positive gap up at the open in like a week. It's too risky.

 

[mson]

Here's to another week gentleman.

 

[Domingo Halliburton]

I have never seen spoos down by more than 40 and now it's down close to 100 before the open.

 

[mson]

Down 600

 

[OSUBaneBrowns]

The VXX is up 35% .

 

[Carlos Huerta]

I.would hold vix related products very short term. This is the highest its been in what...years?

And its something like a quarter of the days VXX trades it sets new all time lows. I'll see if I can find the article.

how short is "very short term"?

 

[Domingo Halliburton]

how short is "very short term"?

shyt I don't know you're up what 33%?

that's a tough one I could see this lasting another couple days. don't get too greedy.

 

[mson]

My brokerage account done dropped below 6 figures. It's going to get nasty

 

[Big Jo]

Facebook opening at $73

My stop hit

 

[Domingo Halliburton]

how short is "very short term"?

you see how the market is up 12 off it's lows and your gains are only 23% now and not 33% that's why I was saying very short term.

 

[mson]

Facebook opening at $73

My stop hit

What now?

 

[jdubnyce]

My portfolio down about ~35% right now. Excellent

I have some extra $$%...what should I get on the low low cheap? Gopro?

 

[Big Jo]

My portfolio down about ~35% right now. Excellent

I have some extra $$%...what should I get on the low low cheap? Gopro?

I wouldn't get anything just yet. Sidelines for now

If the down trend continues though, buying some of these big cap stocks at bargain bin prices

 

[mson]

Should of sold my Sirius stock when it hit 4. I would of had more money to play with.