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Stock Market Correction finally.

Dan Stubbs

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https://www.fool.com/knowledge-center/6-things-you-should-As you know if you work the Mkt, we are about two years past a normal correction in the stock Mkt. It was suppose to happen about 4 years ago and it was over due then. I hope we get about a 22 percent downward correction in the next three months or so. If you have no idea of what a Stock Mrk Correction is look it up...
 

Rambunctious

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I made a quick bundle on Pot stock....didn't expect it didn't see it coming...but man what a nice payoff...I'll take that capital and buy in while the media is talking down the market and the economy....
 

Picaro

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I look at the P/E ratios and just laugh at calling many stocks 'investments'.It's just gambling at this point; interest rates are so low and ratios so high because far too much money has been sucked out of the domestic economy and just sitting at the top with nowhere to go, not recirculating back around through the economy; it doesn't exist as far as th real economy is concerned. The Feds can keep printing money until Doomsday in that situation. And many tards keep whining about raising the minimum wage, as if that 's the problem, people with real jobs making too much money ... hilarious stuff.
 
OP
Dan Stubbs

Dan Stubbs

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I made a quick bundle on Pot stock....didn't expect it didn't see it coming...but man what a nice payoff...I'll take that capital and buy in while the media is talking down the market and the economy....
Smart move when you know that it is a false downward move. I shorted some stocks and did make a good buck. Now looking to buy them back.
 

william the wie

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A 50% correction isn't out of the question.
Sorry to smash you dreams but even CNN would never make that statement..LLOl
If the EU and China both tank because of their fascist/socialist ways we could definitely get a signal indicating a high probability of a 50% decline in the near future. we've already seen a few of those already. With the transfer of Capital to income issues it would not surprise me in the least given the weightings of the Dow and S&P if the NYSE went up as the Dow and S&P went Down by a considerable amount simply because of multi-national regulation and getting tired of the pie in sky BS
 

Rambunctious

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I made a quick bundle on Pot stock....didn't expect it didn't see it coming...but man what a nice payoff...I'll take that capital and buy in while the media is talking down the market and the economy....
Smart move when you know that it is a false downward move. I shorted some stocks and did make a good buck. Now looking to buy them back.
KO stock today is a sure win in my opinion...
 

candycorn

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I made a quick bundle on Pot stock....didn't expect it didn't see it coming...but man what a nice payoff...I'll take that capital and buy in while the media is talking down the market and the economy....
Smart move when you know that it is a false downward move. I shorted some stocks and did make a good buck. Now looking to buy them back.
It would have been if it had actually happened.

Did you ever notice how these Wall Street moguls on every message board never reveal ticker symbols? Always makes me giggle when people believe them?
 

Rambunctious

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I made a quick bundle on Pot stock....didn't expect it didn't see it coming...but man what a nice payoff...I'll take that capital and buy in while the media is talking down the market and the economy....
Smart move when you know that it is a false downward move. I shorted some stocks and did make a good buck. Now looking to buy them back.
It would have been if it had actually happened.

Did you ever notice how these Wall Street moguls on every message board never reveal ticker symbols? Always makes me giggle when people believe them?
I'm not a wall st mogul....but I have risk capitol so why not let my brother in law and portfolio manager try and make me some money?....
 

candycorn

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I made a quick bundle on Pot stock....didn't expect it didn't see it coming...but man what a nice payoff...I'll take that capital and buy in while the media is talking down the market and the economy....
Smart move when you know that it is a false downward move. I shorted some stocks and did make a good buck. Now looking to buy them back.
It would have been if it had actually happened.

Did you ever notice how these Wall Street moguls on every message board never reveal ticker symbols? Always makes me giggle when people believe them?
I'm not a wall st mogul....but I have risk capitol so why not let my brother in law and portfolio manager try and make me some money?....

Wow...that’s funny
 

Rambunctious

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I made a quick bundle on Pot stock....didn't expect it didn't see it coming...but man what a nice payoff...I'll take that capital and buy in while the media is talking down the market and the economy....
Smart move when you know that it is a false downward move. I shorted some stocks and did make a good buck. Now looking to buy them back.
It would have been if it had actually happened.

Did you ever notice how these Wall Street moguls on every message board never reveal ticker symbols? Always makes me giggle when people believe them?
I'm not a wall st mogul....but I have risk capitol so why not let my brother in law and portfolio manager try and make me some money?....

Wow...that’s funny
That's why you are a loser and I'm a winner.....
 

BuckToothMoron

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this is already a great buying opportunity.

No, it’s not. Buying now for short plays is essentially gambling unless you are tracking volatility on an hourly basis. Buying longterm is foolish until VIX drops below 30. There is no way we are at the bottom with this type of volatility.

What would you buy long today that isn’t directly related to a covid19 play? There is still a rush for cash, so nothing is safe.
 

BuckToothMoron

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I made a quick bundle on Pot stock....didn't expect it didn't see it coming...but man what a nice payoff...I'll take that capital and buy in while the media is talking down the market and the economy....

Sure you will. Like you bought Home Depot 2 days ago when it was 10% higher than it is today.
 

BuckToothMoron

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I made a quick bundle on Pot stock....didn't expect it didn't see it coming...but man what a nice payoff...I'll take that capital and buy in while the media is talking down the market and the economy....
Smart move when you know that it is a false downward move. I shorted some stocks and did make a good buck. Now looking to buy them back.
KO stock today is a sure win in my opinion...

Right, because people with no money or job will still be buying soda pop. Consumer discretionary sector is spiraling down. Why anybody would buy and hold now with this volatility is ridiculous. You will have plenty of time to buy when the dust settles, assuming you have any cash left.
 

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