We shut the market down during the Spanish flu.
Nope.
Who told you that?
It was during
We shut the market down during the Spanish flu.
Nope.
Who told you that?
During WW1
The NYSE closed from July to November 1914 because of the war.
Four years before the Spanish flu pandemic.
We shut the market down during the Spanish flu.
Nope.
Who told you that?
It was during
We shut the market down during the Spanish flu.
Nope.
Who told you that?
During WW1
The NYSE closed from July to November 1914 because of the war.
Four years before the Spanish flu pandemic.
so what, dipshit? The point is closing the market during times of crisis is not unprecedented
What is closing the market going to do??? When you open it again it will tank. You are going to close it for a year and wait for everything to get better? That's not a reality.
You don't seem to understand that stocks go up or down based on revenue, earnings, and growth. Even if you close the market for a month stocks will still drop to these levels as all these companies are earning way less and growth is unpredictable. Then on top of that all these other people that make their living in the markets will be out of work.
I don't think you have thought this crazy idea though at all.
The fundamentals of most companies are extraordinarily weak at this precise time because everything is shut down. Duh. Coupled with that all the angst weighing down on investors Will cause the market to continue to drop. Duh. Once things get back to normal playing field then the market will reflect real prices. You have good companies doing zero in revenue right now. How do you think they’ll trade, dumbass?
Holy ****!!!
So what you keep the markets closed for a year and wait for things to get back to normal??? You close them for a month and hope that things will be better then. They will still drop to the same valuation levels because stock prices are based on revenue and earnings etc. And if they aren't better in a month you keep them closed for another month...
Then I can't buy any stocks that have panicked out, like UBER at 14 the other day, what a great buy. Then all the people that trade can't trade. Plus all the people that own options, what they just expire worthless and everybody loses... Nobody can get their money out, and they have no cash and a bunch of stocks that they can't sell??
I'm going to repeat what I said before:
Clearly you didn't understand the risks of investing in the market when you entered. Obviously the stock market is not for you. This is not the first large drop we had, and won't be the last. In 2009 the market lost 57%, that can happen again...
Besides the fact that plenty of people are making good money shorting the market there are still a long list of stocks that are going up, and a long list of stocks that hit insane lows and present great buying opportunites.
UBER hit 14, what a great buy...
ROKU at 60, I like it...
CRWD, I bought at 37 and is now at 50, I've been waiting to get in this stock since it IPOd
PINS at 10, that is the epitome of a "low risk entry"
Look at the chart on NFLX...
On thursday I sold 150 Puts on TSLA for an EASY $500 per contract win...
Zoom has gone up 117% since february, 26% just today...
SPXS has gone up 150% since FEB...
APRN has gone from 3 to 28... then back down to 12.
TVIX is up 2,700% in the past few weeks...
I can go on and on.
There are plenty of opportunities to make money for smart and savvy investors/traders, you have no clue what you doing and today you are finally realizing the risks of investing.
Don't take my opportunities away because you are too stupid to understand the risks. I have to lose money because you don't know the risks?
I have said this many times, the stock market isn't for Trumpers because they can't accept personal responsibility for their actions, they always blame others for their mistakes, and look to the government to bail them out of their poor decisions. (it's not Bush's fault he crashed the economy, blame the guy that was president 10 years earlier!)
Anytime you enter the stock market you run the risk of losing lots of money, if you can't accept that, DON'T BUY STOCKS.
IF YOU THINK THERE IS PANIC AND MAYHEM NOW, CLOSE THE MARKETS FOR 1+ MONTHS, SEE WHAT HAPPENS THEN...