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  1. #1
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    If you sold you LOST BIG

    Well, if you decided to pull out after the first day of sell off, you lost some, but if you sold after the second barrage, you lost BIG. To those that bought, good for you, we made some good out of a very bad decision by WH now paddling back trying to save face, especially after the 10 yrs T bond up.
    So, now Navarro takes the hit and WH tries to make it look like a win. I feel bad for Bessent, since he is caught in someone else stupidity, even though he knew better all along.

    BTW, if we get most of the loss back and you don't have the nerve to keep looking down the barrel of this valley of heavy fire, it may be a good time to cash out and sit this dance out, since the Chinese tariff is still in place, so this could be another Hamburger Hill or Hill 64 with the NVA coming at US again. The irony of it all, Bessent is meeting with Vietnam today, "our ally" formerly known as ARVN.

  2. Member rds_nc's Avatar
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    #2
    The last few days have been a great demonstration of why you don't try and time the market!
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  3. Stocks/Investments Moderator boneil's Avatar
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    #3
    The most violent up moves happen in bear markets. And what a move today is.
    They're eating the Penguins, they're eating the seals...

  4. Moderator 200xp's Avatar
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    #4
    Quote Originally Posted by boneil View Post
    The most violent up moves happen in bear markets. And what a move today is.
    This^^^. I started investing in the market in 1997, many hard lessons learned in the journey. One lesson learned is I never sell into fear, because when it turns, it will rocket higher.
    What we cannot obtain from intelligence, we can learn from experience.

  5. Member
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    #5
    Quote Originally Posted by rds_nc View Post
    The last few days have been a great demonstration of why you don't try and time the market!
    Part of me on Monday asked if I should buy some or convert some IRA to my Roth??? My strategy isn't to time the market and I have made my monthly purchase at the end of March. So I didn't. If I had, should I have sold today??? Likely not and tomorrow will go the other direction potentially.

    From 2000 to 2020, roughly 30 days made the entire 20 year span. I suspect when the do the stats for 2020 to 2040, today will be in the x days that moved the market.
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  6. Member
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    #6
    I got killed today. Honestly, I think it was poor timing for the announcement. They had to had know what it was going to cause. They could have very well announced after market hours and had the same impact the following day.

  7. Member
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    #7
    Have you looked at tomorrow’s futures yet?

  8. #8
    Quote Originally Posted by mastergun View Post
    I got killed today. Honestly, I think it was poor timing for the announcement. They had to had know what it was going to cause. They could have very well announced after market hours and had the same impact the following day.
    They did tell you it was coming, his posts yesterday sure hinted at it and the Monday move showed there was clearly a coiled spring.

    Anyone still believe this is about jobs for the lower/middle class?

    I bought some yesterday, obviously wish I levered up but there is still a lot of uncertainty. This guy changes his mind depending on who he is watching on Fox, he admitted that today.

  9. Member
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    #9
    if you don’t think this was planned with lots of people in the current administration, making millions to billions your stupid.

  10. Member Grizzly's Avatar
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    #10
    "They" know exactly what they are doing and "They" are becoming rich.

    This is nothing more than planned manipulation.

    The crooks have their hands in the cookie jar.

  11. Member
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    #11
    Quote Originally Posted by bbcman View Post
    if you don’t think this was planned with lots of people in the current administration, making millions to billions your stupid.
    They’re gonna make Pelosi look like an amateur…
    I never want to hear again about pols playing the market. On either side!

  12. Stocks/Investments Moderator boneil's Avatar
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    #12
    we all see whats going on. The X account that posts all the politician stock insider trading posted the options flow yesterday. 10 minutes before the announcement milllions of worthless call options were bought and sold for billions minutes later. There was a time when we got upset by a painting being sold.
    They're eating the Penguins, they're eating the seals...