The Rokslide Stock Traders Thread

[EastMT]

Good reminder. I made a few mistakes in 08 through 10. Need big balls in this market. You won't lose anything if you don't sell it. I have a few stocks down in today's market and admit a bit difficult not to panic.

You have to have an establish strategy, I really didn't in 2008. Reacted on emotions instead of a sound based strategy and patience. A lot of guys on here much more experienced than me. I keep trying to learn. Good luck.

Yes emotions will wreck long term plans. Hard to separate and not panic on those swing days.

There a few I wouldn’t touch right now. Last I heard Cruise lines don’t get loans if they are registered outside US, which is most of them. That can’t go well especially with a new one today with 138 sick, 4 dead in the boat. who the heck is still on a boat!

 

[Broomd]

+1 on the cruise lines. I want to invest in them, but can't bring myself to do it.
That non-US registry is the gig...

HBI (Hanes) was mentioned here. Super solid company right near a 5 year low. Trending downward for a while, but probably good for a 25-30% gain.

 

[excaliber]

Scary times for sure. I'm quarantined waiting on test results. It's been a week and still waiting. Had all the symptoms except for the fever. and just happened to be in a place here where we have the most cases working for 2 weeks in the last month. A few broke with it in the building I was working at and I was a few feet from that area several times over that period.

As Far as investing goes, I increased my 401K contribution. I like buying when the market drops like this.
Who doesn't like buying at 25-30% off.

Be safe everyone. Most people wont show symptoms worse than a cold but others will be hospitalized and in very serious condition.
This is not a joke.

Be safe everyone.

 

[Thunderer]

If you guys can; read the stimulus bill. Its filled with a metric-sh*t-ton of pork that the democrats demanded. Some single lines are in the multiple billion dollar range. I.E. $1b for more obama phones. Figure out who is going to contract with the gov't to provide those phones and service and buy early before the value is realized.
From another forum:
$100,000,000 to Nasa, because, who knows why.
$20,000,000,000 to the USPS, because why the hell not
$300,000,000 to the Endowment for the Arts / because **** it
$300,000,000 for the Endowment for the Humanities/ because no one even knew that was a thing
$15,000,000 for Veterans Employment Training / for when the GI Bill isn't enough
$435,000,000 for mental health support / thats a lot of ******* suicide hotlines
$30,000,000,000 for the Department of Education stabilization fund/ because that will keep people employed
$200,000,000 to Safe Schools Emergency Response to Violence Program
$300,000,000 to Public Broadcasting / NPR has to be bought by the dems
$500,000,000 to Museums and Libraries / Who the hell knows how we are going to use it
$720,000,000 to Social Security Admin / but get this only 200,000,000 is to help people. The rest is for admin costs
$25,000,000 for Cleaning supplies for the Capitol Building / I shit you not it's on page 136
Still reading through this crap
$7,500,000 to the Smithsonian for additional salaries
$35,000,000 to the JFK Center for performing Arts
$25,000,000 for additional salary for House of Representatives
$3,000,000,000 upgrade to the IT department at the VA
$315,000,000 for State Department Diplomatic
$95,000,000 for the Agency of International Development
$300,000,000 for International Disaster Assistance
$300,000,000 for Migrant and Refugee Assistance pg 147
$90,000,000 for the Peace Corp pg 148
$13,000,000 to Howard University pg 121
9,000,000 Misc Senate Expenses pg 134
$100,000,000 to Essential Air carriers pg 162 This of note because the Airlines are going to need billions in loans to keep them afloat. $100,000,000 is chump change
$40,000,000,000 goes to the Take Responsibility to Workers and Families Act. This sounds like it's direct payments for workers. Pg 164
$1,000,000,000 Airlines Recycle and Save Program pg 163
$25,000,000 to the FAA for administrative costs pg 165
$492,000,000 to National Railroad Passenger Corporation (Amtrak) pg 167
$526,000,000 Grants to Amtrak to remain available if needed through 2021 pg 168 (what are the odds that doesn't go unused)

Hidden on page 174 the Secretary has 7 days to allocate the funds & notify Congress
$25,000,000,000 for Transit Infrastructure pg 169
$3,000,000 Maritime Administration pg 172
$5,000,000 Salaries and Expensive Office of the Inspector General pg 172
**No voter ID to get a ballot, & anonymous “ballot harvesting” pg 650
$2,500,000 Public and Indian Housing pg 175
$5,000,000 Community Planning and Development pg 175
$2,500,000 Office of Housing
$1,500,000,000 Tenant-Based Rental Assistance Office of Public and Indian Housing. 1,000,000,000 of which can be used as "additional administrative and other expenses". pg 176
$720,000,000 to the public housing fund pg 177
$100,000,000 for Community Block Grants for Native Americans pg 183
$250,000,000 for Housing Block Grants for Tribes pg 182
$130,000,000 for AIDS Housing pg 185
$20,000,000 of which goes to one time grantees whatever the hell that means pg 186

$15,000,000,000 for the Community Development Fund pg 188
Only $10,000,000 of which is set aside for infrastructure for fighting infectious disease pg 191
$5,000,000,000 in Homeless Assistance pg 193
$100,000,000,000 for Rental Assistance - pg 198

An additional $7,000,000 enforce the Fair Housing Act - 203

Paid Family Leave for Sickness is 2 paid work weeks pg 213
Emergency Family Leave
Now applies to all employers not just companies over 500 employees pg 208
Guarantees paid leave to employees who have an in-law who gets sick pg 209
Opens up leave for some you are in a "committed relationships with" pg 212
$1,000,000,000 for more Obamaphones!

This shows me that they don't really think this is a big deal. Business as usual. Use a crisis to rob us blind.

Still reading......
$227,000,000 for grants to States for youth
2 activities pg 80

$261,000,000 for grants to States for dislocated worker employment and training activities, including supportive services and needs-related payments; pg 80
$10,000,000 for Migrant and Seasonal
Farmworker programs...WTF??

$100,000,000 for ‘‘Job Corps’’,
$15,000,000 for ‘‘Program Administration’’,
$6,500,000, to the ‘‘Wage and Hour Division’’,
$30,000,000, to OSHA
$10,000,000 for Susan Harwood training grants
$1,300,000,000, for ‘‘Primary Health Care’’,
$75,000,000, for ‘‘Student Aid Administration’’,
$9,500,000,000, for ‘‘Higher Education’’,

 

[Okhotnik]

If you guys can; read the stimulus bill. Its filled with a metric-sh*t-ton of pork that the democrats demanded. Some single lines are in the multiple billion dollar range. I.E. $1b for more obama phones. Figure out who is going to contract with the gov't to provide those phones and service and buy early before the value is realized.
From another forum:
$100,000,000 to Nasa, because, who knows why.
$20,000,000,000 to the USPS, because why the hell not
$300,000,000 to the Endowment for the Arts / because **** it
$300,000,000 for the Endowment for the Humanities/ because no one even knew that was a thing
$15,000,000 for Veterans Employment Training / for when the GI Bill isn't enough
$435,000,000 for mental health support / thats a lot of ******* suicide hotlines
$30,000,000,000 for the Department of Education stabilization fund/ because that will keep people employed
$200,000,000 to Safe Schools Emergency Response to Violence Program
$300,000,000 to Public Broadcasting / NPR has to be bought by the dems
$500,000,000 to Museums and Libraries / Who the hell knows how we are going to use it
$720,000,000 to Social Security Admin / but get this only 200,000,000 is to help people. The rest is for admin costs
$25,000,000 for Cleaning supplies for the Capitol Building / I shit you not it's on page 136
Still reading through this crap
$7,500,000 to the Smithsonian for additional salaries
$35,000,000 to the JFK Center for performing Arts
$25,000,000 for additional salary for House of Representatives
$3,000,000,000 upgrade to the IT department at the VA
$315,000,000 for State Department Diplomatic
$95,000,000 for the Agency of International Development
$300,000,000 for International Disaster Assistance
$300,000,000 for Migrant and Refugee Assistance pg 147
$90,000,000 for the Peace Corp pg 148
$13,000,000 to Howard University pg 121
9,000,000 Misc Senate Expenses pg 134
$100,000,000 to Essential Air carriers pg 162 This of note because the Airlines are going to need billions in loans to keep them afloat. $100,000,000 is chump change
$40,000,000,000 goes to the Take Responsibility to Workers and Families Act. This sounds like it's direct payments for workers. Pg 164
$1,000,000,000 Airlines Recycle and Save Program pg 163
$25,000,000 to the FAA for administrative costs pg 165
$492,000,000 to National Railroad Passenger Corporation (Amtrak) pg 167
$526,000,000 Grants to Amtrak to remain available if needed through 2021 pg 168 (what are the odds that doesn't go unused)

Hidden on page 174 the Secretary has 7 days to allocate the funds & notify Congress
$25,000,000,000 for Transit Infrastructure pg 169
$3,000,000 Maritime Administration pg 172
$5,000,000 Salaries and Expensive Office of the Inspector General pg 172
**No voter ID to get a ballot, & anonymous “ballot harvesting” pg 650
$2,500,000 Public and Indian Housing pg 175
$5,000,000 Community Planning and Development pg 175
$2,500,000 Office of Housing
$1,500,000,000 Tenant-Based Rental Assistance Office of Public and Indian Housing. 1,000,000,000 of which can be used as "additional administrative and other expenses". pg 176
$720,000,000 to the public housing fund pg 177
$100,000,000 for Community Block Grants for Native Americans pg 183
$250,000,000 for Housing Block Grants for Tribes pg 182
$130,000,000 for AIDS Housing pg 185
$20,000,000 of which goes to one time grantees whatever the hell that means pg 186

$15,000,000,000 for the Community Development Fund pg 188
Only $10,000,000 of which is set aside for infrastructure for fighting infectious disease pg 191
$5,000,000,000 in Homeless Assistance pg 193
$100,000,000,000 for Rental Assistance - pg 198

An additional $7,000,000 enforce the Fair Housing Act - 203

Paid Family Leave for Sickness is 2 paid work weeks pg 213
Emergency Family Leave
Now applies to all employers not just companies over 500 employees pg 208
Guarantees paid leave to employees who have an in-law who gets sick pg 209
Opens up leave for some you are in a "committed relationships with" pg 212
$1,000,000,000 for more Obamaphones!

This shows me that they don't really think this is a big deal. Business as usual. Use a crisis to rob us blind.

Still reading......
$227,000,000 for grants to States for youth
2 activities pg 80

$261,000,000 for grants to States for dislocated worker employment and training activities, including supportive services and needs-related payments; pg 80
$10,000,000 for Migrant and Seasonal
Farmworker programs...WTF??

$100,000,000 for ‘‘Job Corps’’,
$15,000,000 for ‘‘Program Administration’’,
$6,500,000, to the ‘‘Wage and Hour Division’’,
$30,000,000, to OSHA
$10,000,000 for Susan Harwood training grants
$1,300,000,000, for ‘‘Primary Health Care’’,
$75,000,000, for ‘‘Student Aid Administration’’,
$9,500,000,000, for ‘‘Higher Education’’,

Wait til inflations sets in and interest rates go up to. Incredible amount of needless pork and pay offs in billl

 

[Kimber7man]

The wife and I grabbed 200 shares of Boeing at $92. Also picked up substantial positions in:
BP @ $16.50
Chevron @ $62
ExxonMob @ $35
Disney @ $81
Apple @ $212
Starbucks @ $52

I figure we'll play the long game with these ones and setup auto dividend reinvestment. Before the mass hysteria hit us; Apple was reported for a possible split this year with 5G coming out. We are considering increasing our holdings before the society goes back to normal life.

When Pelosi sent her wishlist to Trump with wind and solar credits, I took a hard look at Tesla. I think its overvalued by at least 25% right now, but if the wind/solar gets included in the second stimulus package, I'll be buying a position.

What do you guys think people will be spending their Trump checks on? Iphones, amazon, paying off credit cards?

very solid!
when was Apple at $212? Been watching all week and I wasn’t able to catch it Monday at its low of $224.

 

[EastMT]

If you guys can; read the stimulus bill. Its filled with a metric-sh*t-ton of pork that the democrats demanded. Some single lines are in the multiple billion dollar range. I.E. $1b for more obama phones. Figure out who is going to contract with the gov't to provide those phones and service and buy early before the value is realized.
From another forum:
$100,000,000 to Nasa, because, who knows why.
$20,000,000,000 to the USPS, because why the hell not
$300,000,000 to the Endowment for the Arts / because **** it
$300,000,000 for the Endowment for the Humanities/ because no one even knew that was a thing
$15,000,000 for Veterans Employment Training / for when the GI Bill isn't enough
$435,000,000 for mental health support / thats a lot of ******* suicide hotlines
$30,000,000,000 for the Department of Education stabilization fund/ because that will keep people employed
$200,000,000 to Safe Schools Emergency Response to Violence Program
$300,000,000 to Public Broadcasting / NPR has to be bought by the dems
$500,000,000 to Museums and Libraries / Who the hell knows how we are going to use it
$720,000,000 to Social Security Admin / but get this only 200,000,000 is to help people. The rest is for admin costs
$25,000,000 for Cleaning supplies for the Capitol Building / I shit you not it's on page 136
Still reading through this crap
$7,500,000 to the Smithsonian for additional salaries
$35,000,000 to the JFK Center for performing Arts
$25,000,000 for additional salary for House of Representatives
$3,000,000,000 upgrade to the IT department at the VA
$315,000,000 for State Department Diplomatic
$95,000,000 for the Agency of International Development
$300,000,000 for International Disaster Assistance
$300,000,000 for Migrant and Refugee Assistance pg 147
$90,000,000 for the Peace Corp pg 148
$13,000,000 to Howard University pg 121
9,000,000 Misc Senate Expenses pg 134
$100,000,000 to Essential Air carriers pg 162 This of note because the Airlines are going to need billions in loans to keep them afloat. $100,000,000 is chump change
$40,000,000,000 goes to the Take Responsibility to Workers and Families Act. This sounds like it's direct payments for workers. Pg 164
$1,000,000,000 Airlines Recycle and Save Program pg 163
$25,000,000 to the FAA for administrative costs pg 165
$492,000,000 to National Railroad Passenger Corporation (Amtrak) pg 167
$526,000,000 Grants to Amtrak to remain available if needed through 2021 pg 168 (what are the odds that doesn't go unused)

Hidden on page 174 the Secretary has 7 days to allocate the funds & notify Congress
$25,000,000,000 for Transit Infrastructure pg 169
$3,000,000 Maritime Administration pg 172
$5,000,000 Salaries and Expensive Office of the Inspector General pg 172
**No voter ID to get a ballot, & anonymous “ballot harvesting” pg 650
$2,500,000 Public and Indian Housing pg 175
$5,000,000 Community Planning and Development pg 175
$2,500,000 Office of Housing
$1,500,000,000 Tenant-Based Rental Assistance Office of Public and Indian Housing. 1,000,000,000 of which can be used as "additional administrative and other expenses". pg 176
$720,000,000 to the public housing fund pg 177
$100,000,000 for Community Block Grants for Native Americans pg 183
$250,000,000 for Housing Block Grants for Tribes pg 182
$130,000,000 for AIDS Housing pg 185
$20,000,000 of which goes to one time grantees whatever the hell that means pg 186

$15,000,000,000 for the Community Development Fund pg 188
Only $10,000,000 of which is set aside for infrastructure for fighting infectious disease pg 191
$5,000,000,000 in Homeless Assistance pg 193
$100,000,000,000 for Rental Assistance - pg 198

An additional $7,000,000 enforce the Fair Housing Act - 203

Paid Family Leave for Sickness is 2 paid work weeks pg 213
Emergency Family Leave
Now applies to all employers not just companies over 500 employees pg 208
Guarantees paid leave to employees who have an in-law who gets sick pg 209
Opens up leave for some you are in a "committed relationships with" pg 212
$1,000,000,000 for more Obamaphones!

This shows me that they don't really think this is a big deal. Business as usual. Use a crisis to rob us blind.

Still reading......
$227,000,000 for grants to States for youth
2 activities pg 80

$261,000,000 for grants to States for dislocated worker employment and training activities, including supportive services and needs-related payments; pg 80
$10,000,000 for Migrant and Seasonal
Farmworker programs...WTF??

$100,000,000 for ‘‘Job Corps’’,
$15,000,000 for ‘‘Program Administration’’,
$6,500,000, to the ‘‘Wage and Hour Division’’,
$30,000,000, to OSHA
$10,000,000 for Susan Harwood training grants
$1,300,000,000, for ‘‘Primary Health Care’’,
$75,000,000, for ‘‘Student Aid Administration’’,
$9,500,000,000, for ‘‘Higher Education’’,

It’s sounds like it’s Obamacare for the Coronavirus. Most wont care as long as the check arrives.

I saw where Trump said there was a lot in it that he wasn’t happy with, but had to compromise. I guess that’s the rough thing about almost equal parts in the house, gonna get a lot of junk added in.

 

[EastMT]

very solid!
when was Apple at $212? Been watching all week and I wasn’t able to catch it Monday at its low of $224.

My app says March 23, 11:40am it was $214, but they aren’t exact on the graph

 

[ahlgringo]

Not to be a Debbie Downer, cause I am sure there is a lot of money to be made in the short term, but I have real concerns this is NOT going to be a quick turnaround. I also do not think we are even close to the bottom. Hope I am wrong, but staying in mostly cash position for a while.

 

[EastMT]

Not to be a Debbie Downer, cause I am sure there is a lot of money to be made in the short term, but I have real concerns this is NOT going to be a quick turnaround. I also do not think we are even close to the bottom. Hope I am wrong, but staying in mostly cash position for a while.

I’m not doom n gloom depression minded either, I think it’s go some room to drop, wouldn’t be surprised to see 15,000. I’m ok with that and not gonna panic if it hits as far as 401k goes. Cash buying at that point I’ll be excited!

 

[DenverCountryBoy]

I think we are about 3 weeks out from the hospitals getting overwhelmed and 3 months from peak infections. The market will continue to drop as long as America is on lock down and fear driven. However, wide spread roll out of the sercological antibody tests could help people get back to work sooner. I'm still on the side lines, waiting.

 

[Thunderer]

My app says March 23, 11:40am it was $214, but they aren’t exact on the graph

It dipped to $212 Monday 3/23. https://www.nasdaq.com/market-activity/stocks/aapl/historical

 

[T28w]

If you guys can; read the stimulus bill. Its filled with a metric-sh*t-ton of pork that the democrats demanded. Some single lines are in the multiple billion dollar range. I.E. $1b for more obama phones. Figure out who is going to contract with the gov't to provide those phones and service and buy early before the value is realized.
From another forum:
$100,000,000 to Nasa, because, who knows why.
$20,000,000,000 to the USPS, because why the hell not
$300,000,000 to the Endowment for the Arts / because **** it
$300,000,000 for the Endowment for the Humanities/ because no one even knew that was a thing
$15,000,000 for Veterans Employment Training / for when the GI Bill isn't enough
$435,000,000 for mental health support / thats a lot of ******* suicide hotlines
$30,000,000,000 for the Department of Education stabilization fund/ because that will keep people employed
$200,000,000 to Safe Schools Emergency Response to Violence Program
$300,000,000 to Public Broadcasting / NPR has to be bought by the dems
$500,000,000 to Museums and Libraries / Who the hell knows how we are going to use it
$720,000,000 to Social Security Admin / but get this only 200,000,000 is to help people. The rest is for admin costs
$25,000,000 for Cleaning supplies for the Capitol Building / I shit you not it's on page 136
Still reading through this crap
$7,500,000 to the Smithsonian for additional salaries
$35,000,000 to the JFK Center for performing Arts
$25,000,000 for additional salary for House of Representatives
$3,000,000,000 upgrade to the IT department at the VA
$315,000,000 for State Department Diplomatic
$95,000,000 for the Agency of International Development
$300,000,000 for International Disaster Assistance
$300,000,000 for Migrant and Refugee Assistance pg 147
$90,000,000 for the Peace Corp pg 148
$13,000,000 to Howard University pg 121
9,000,000 Misc Senate Expenses pg 134
$100,000,000 to Essential Air carriers pg 162 This of note because the Airlines are going to need billions in loans to keep them afloat. $100,000,000 is chump change
$40,000,000,000 goes to the Take Responsibility to Workers and Families Act. This sounds like it's direct payments for workers. Pg 164
$1,000,000,000 Airlines Recycle and Save Program pg 163
$25,000,000 to the FAA for administrative costs pg 165
$492,000,000 to National Railroad Passenger Corporation (Amtrak) pg 167
$526,000,000 Grants to Amtrak to remain available if needed through 2021 pg 168 (what are the odds that doesn't go unused)

Hidden on page 174 the Secretary has 7 days to allocate the funds & notify Congress
$25,000,000,000 for Transit Infrastructure pg 169
$3,000,000 Maritime Administration pg 172
$5,000,000 Salaries and Expensive Office of the Inspector General pg 172
**No voter ID to get a ballot, & anonymous “ballot harvesting” pg 650
$2,500,000 Public and Indian Housing pg 175
$5,000,000 Community Planning and Development pg 175
$2,500,000 Office of Housing
$1,500,000,000 Tenant-Based Rental Assistance Office of Public and Indian Housing. 1,000,000,000 of which can be used as "additional administrative and other expenses". pg 176
$720,000,000 to the public housing fund pg 177
$100,000,000 for Community Block Grants for Native Americans pg 183
$250,000,000 for Housing Block Grants for Tribes pg 182
$130,000,000 for AIDS Housing pg 185
$20,000,000 of which goes to one time grantees whatever the hell that means pg 186

$15,000,000,000 for the Community Development Fund pg 188
Only $10,000,000 of which is set aside for infrastructure for fighting infectious disease pg 191
$5,000,000,000 in Homeless Assistance pg 193
$100,000,000,000 for Rental Assistance - pg 198

An additional $7,000,000 enforce the Fair Housing Act - 203

Paid Family Leave for Sickness is 2 paid work weeks pg 213
Emergency Family Leave
Now applies to all employers not just companies over 500 employees pg 208
Guarantees paid leave to employees who have an in-law who gets sick pg 209
Opens up leave for some you are in a "committed relationships with" pg 212
$1,000,000,000 for more Obamaphones!

This shows me that they don't really think this is a big deal. Business as usual. Use a crisis to rob us blind.

Still reading......
$227,000,000 for grants to States for youth
2 activities pg 80

$261,000,000 for grants to States for dislocated worker employment and training activities, including supportive services and needs-related payments; pg 80
$10,000,000 for Migrant and Seasonal
Farmworker programs...WTF??

$100,000,000 for ‘‘Job Corps’’,
$15,000,000 for ‘‘Program Administration’’,
$6,500,000, to the ‘‘Wage and Hour Division’’,
$30,000,000, to OSHA
$10,000,000 for Susan Harwood training grants
$1,300,000,000, for ‘‘Primary Health Care’’,
$75,000,000, for ‘‘Student Aid Administration’’,
$9,500,000,000, for ‘‘Higher Education’’,

I hope this is incorrect. Otherwise it disgusting to see how much waste there really is.

 

[Trevor73402]

As I posted previously, and as others have said, there is a lot of short term money to be made. Stop trying to figure out where the “bottom” is and just play the game day to day. At this point, why does it matter to you where the bottom is? If you are still invested long term, you’ve lost so much that it’s irrelevant.

I’m just curious where some of you think the “bottom” is and go ahead and share with the rest of us how you will know it’s the bottom.

 

[5MilesBack]

I’m just curious where some of you think the “bottom” is and go ahead and share with the rest of us how you will know it’s the bottom.

You won't know........until you do. After the 3 day rally this week one might assume that Monday was the bottom. And one could be right. Or they could be wrong, and we'll see lower. Or we could retest Monday's bottom and bounce and see a "W" bottom. Who knows? That's why you average back into it. That's for long term investing........if you have funds that you just play around with as well, that's when you play the dips and rebounds.

 

[Wolf13]

I think we see lots of Ws in the coming weeks. Anybody cash in on Dave and Busters? Was I think round $5 and jumped to ~$15 within a week.

 

[Trevor73402]

You won't know........until you do. After the 3 day rally this week one might assume that Monday was the bottom. And one could be right. Or they could be wrong, and we'll see lower. Or we could retest Monday's bottom and bounce and see a "W" bottom. Who knows? That's why you average back into it. That's for long term investing........if you have funds that you just play around with as well, that's when you play the dips and rebounds.

I agree with you. You won’t know, until you do. You understand this, but I see people keep posting on here saying “it’s not even close to the bottom” and I think these people are just talking out of their ass. They don’t have any actual knowledge to base this statement on. They just like to say it as if they are informed in some way. The only thing you can reliably predict about the market is that it’s unpredictable. Accept that, make the best educated guesses you can, and roll with it.

 

[Wolf13]

I agree with you. You won’t know, until you do. You understand this, but I see people keep posting on here saying “it’s not even close to the bottom” and I think these people are just talking out of their ass. They don’t have any actual knowledge to base this statement on. They just like to say it as if they are informed in some way. The only thing you can reliably predict about the market is that it’s unpredictable. Accept that, make the best educated guesses you can, and roll with it.

I'd say you can also reliably predict it will go up in the long run. Even if this isn't the bottom, one is still getting in at a discount of where it was a few months ago. It will bounce back, just don't know when. Long term this is a good time to buy, even if it's not the true bottom. Better to get in at a lesser discount rather than keep waiting forever for the "true" bottom.

 

[EastMT]

I wonder if ABT is gonna get a good bounce Monday with releasing the 13 minute CV test? Said they can make 50,000 per day. That’s got to be sold out nonstop

 

[Trevor73402]

I'd say you can also reliably predict it will go up in the long run. Even if this isn't the bottom, one is still getting in at a discount of where it was a few months ago. It will bounce back, just don't know when. Long term this is a good time to buy, even if it's not the true bottom. Better to get in at a lesser discount rather than keep waiting forever for the "true" bottom.

I agree 100%. Long term, no way to go but up.