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How are you handling the market crash?

Discussion in 'Finance' started by Oh Yeah, Mar 1, 2020.

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  1. After-Hour Prowler

    After-Hour Prowler Banned

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    The MSM will call it a temporary rebound and then they will tell you the sky is going to fall because 2 senior citizens caught the sniffles in a Seattle nursing home.

    Those same two seniors are not voting for Trump because of the sniffles.
     
    After-Hour Prowler, Mar 2, 2020
    #101
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  2. 61falcon

    61falcon Well-Known Member

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    Todays 1293 point gain largest one day DOW point gain ever,
     
    61falcon, Mar 2, 2020
    #102
  3. jay runner

    jay runner Banned

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    The huge gain was on high volume. Unlikely to be fool's gold. If it had been on low volume, yeah, then watch out.

    Four dead in Walla Walla, 2913 dead in China and improving.
     
    jay runner, Mar 2, 2020
    #103
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  4. Talon

    Talon Well-Known Member Past Donor

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    Perhaps, the panic is over...

    Dow up 1294 to 26,703 +5.1% (record single-day gain)

    Nasdaq up 385 to 8952 +4.5%

    S&P up 136 to 3090 +4.6%
     
    Talon, Mar 2, 2020
    #104
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  5. Talon

    Talon Well-Known Member Past Donor

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    Interesting that Apple led the surge on the Dow, up 25.45 to 298.81 +9.3%
     
    Talon, Mar 2, 2020
    #105
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  6. stone6

    stone6 Well-Known Member Past Donor

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    So, what was the fall about? More importantly, what is the recovery about?
     
    stone6, Mar 2, 2020
    #106
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  7. jay runner

    jay runner Banned

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    Fear and overcoming fear.

    I'm very disappointed as I wanted to see resistance broken at 22,445 with more big drop so I could put some cash to work for real cheap.
     
    Last edited: Mar 2, 2020
    jay runner, Mar 2, 2020
    #107
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  8. Talon

    Talon Well-Known Member Past Donor

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    We're so happy we can hardly count...:D
     
    Talon, Mar 2, 2020
    #108
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  9. stone6

    stone6 Well-Known Member Past Donor

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    Geez! And all along, I thought it was about economics and fundamentals. What has actually changed?
     
    stone6, Mar 2, 2020
    #109
  10. jay runner

    jay runner Banned

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    A mystery virus made economics secondary. Turns out it ain't a much.
     
    jay runner, Mar 2, 2020
    #110
  11. Oh Yeah

    Oh Yeah Well-Known Member Past Donor

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    Glad you were able to buy at reduced prices. Didn't quite get to do all I wanted to do. One's I wanted to add too were already up too much. Couple other new ones wouldn't let me get in ata decent price. Sold 1/2 my Apple Position at two different points and then put on one sell trade if it goes higher after hours and two buy orders at different points if it sells off and falls. Sold 60% of my BA. I bought QCOM and IRDM and have buy orders at lower prices on AMAT, HD and T. Wait and see what the rest of the week brings. Democrat primaries tomorrow could determine what I do with Pharma's.
     
    Oh Yeah, Mar 2, 2020
    #111
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  12. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    Up 2000 points from the low after CDC announcement.

    Take it easy chicken littles.
     
    jcarlilesiu, Mar 2, 2020
    #112
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  13. stone6

    stone6 Well-Known Member Past Donor

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    But, the economic news wasn't that great BEFORE the virus square. Lower than expected results in last year's 4th quarter.
     
    stone6, Mar 2, 2020
    #113
  14. Talon

    Talon Well-Known Member Past Donor

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    Confidence...
     
    Talon, Mar 2, 2020
    #114
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  15. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    A virus comes along and drops the market and you blame economics? Seriously?
     
    Thirty6BelowZero, Mar 2, 2020
    #115
  16. stone6

    stone6 Well-Known Member Past Donor

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    Why?
     
    stone6, Mar 2, 2020
    #116
  17. stone6

    stone6 Well-Known Member Past Donor

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    It wasn't the virus itself, but the anticipated economic consequences of the virus. So...what's changed?
     
    Last edited: Mar 2, 2020
    stone6, Mar 2, 2020
    #117
  18. Paul7

    Paul7 Well-Known Member

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    It was no dead cat bounce.
     
    Paul7, Mar 2, 2020
    #118
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  19. stone6

    stone6 Well-Known Member Past Donor

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    Interesting...but the high volume was based on what? And, by whom?
     
    stone6, Mar 2, 2020
    #119
  20. TheGreatSatan

    TheGreatSatan Banned

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    I said here on Friday to expect this on Monday 8)
     
    TheGreatSatan, Mar 2, 2020
    #120
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  21. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    The virus isn't the threat the media told us it would be.
     
    Thirty6BelowZero, Mar 2, 2020
    #121
  22. stone6

    stone6 Well-Known Member Past Donor

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    How did you determine that?
     
    stone6, Mar 2, 2020
    #122
  23. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    The news. A few people with bad health got it and died. We're not losing half of the population like we were told we would.
     
    Thirty6BelowZero, Mar 2, 2020
    #123
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  24. jay runner

    jay runner Banned

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    Lefevre just listened for the ticker getting louder. He didn't care about why, or who.
     
    jay runner, Mar 2, 2020
    #124
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  25. roorooroo

    roorooroo Well-Known Member Past Donor

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    Thanks, still, I'm not patting myself on the back one bit, because who knows what tomorrow brings? A couple of good days and my market timing attempt will have worked okay, but the whole thing may go down the drain tomorrow. Perhaps I should have been even more aggressive getting back in, still got some cash sitting.

    I've been avoiding Apple, Tesla, and Microsoft, except for what is in the mutual funds I have. Darn it, I meant to buy HD today but didn't.
     
    roorooroo, Mar 2, 2020
    #125
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