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Post by Darin on Mar 20, 2020 16:49:26 GMT -5
The old Rothschild adage applies today ... "Buy when there is blood in the streets, even if some of it is your own."
Anyone taking advantage? What are you watching / buying?
Here's a couple that I grabbed up from the energy sector: USO, XLE
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Post by sperrytops on Mar 20, 2020 17:02:12 GMT -5
Going to buy, but waiting for what I feel is the right moment. I think things are still going to get worse for the economy. Hope I don't come across as a greedy capitalist.
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Post by daveinlax on Mar 20, 2020 17:07:02 GMT -5
The stock price for the company that my company works for tanked and we bought some as a low price gamble. If they stay afloat the price has nowhere to go but up. HCR.  |
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Post by sperrytops on Mar 20, 2020 17:12:52 GMT -5
Good luck, Dave.
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Post by Darin on Mar 20, 2020 17:17:46 GMT -5
Going to buy, but waiting for what I feel is the right moment. I think things are still going to get worse for the economy. Hope I don't come across as a greedy capitalist. Do you feel the DOW will dip under 17,000? I've been waiting for this "correction" for quite some time and feel it's been needed. |
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Post by Darin on Mar 20, 2020 17:18:14 GMT -5
The stock price for the company that my company works for tanked and we bought some as a low price gamble. If they stay afloat the price has nowhere to go but up. HCR. Wow! 76% off is pretty huge ... good luck!  |
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Post by roadsdiverged on Mar 20, 2020 17:37:03 GMT -5
It's been a tough one. As of right now, I havent touched anything. That doesnt mean I'm not going to
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Post by sperrytops on Mar 20, 2020 17:41:47 GMT -5
Going to buy, but waiting for what I feel is the right moment. I think things are still going to get worse for the economy. Hope I don't come across as a greedy capitalist. Do you feel the DOW will dip under 17,000? I've been waiting for this "correction" for quite some time and feel it's been needed. Don't know if it will reach 17k. I think it will go down further. We'll see a lot of back and forth for a while, up and down. If we see a significant increase in covid cases, god forbid, it will. California governor is directing everyone in state to stay indoors now, excepting essential workers. If more states do that, it will definitely go down. But I think we'll definitely hit 18k at some point. That's when I figure to buy , unless we're still on a downward spiral... Always a crap shoot, isn't it. I do believe though that once we are past this virus, we'll see a huge long growth spurt. |
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Post by Darin on Mar 20, 2020 17:45:30 GMT -5
Well, as they say, keep your powder dry! |
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Post by Ronv69 on Mar 20, 2020 19:15:25 GMT -5
I was all in value stocks, high dividend and low PE, so I am still making money even though the prices are way down. I can wait for a long while to do anything.
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Post by monbla256 on Mar 20, 2020 20:22:45 GMT -5
Since we are getting older and sicker I've been buying pharmacutitcals the last 5 years. 
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calabash
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Post by calabash on Mar 21, 2020 13:49:47 GMT -5
Going to buy, but waiting for what I feel is the right moment. I think things are still going to get worse for the economy. Hope I don't come across as a greedy capitalist. Do you feel the DOW will dip under 17,000? I've been waiting for this "correction" for quite some time and feel it's been needed. I watch the Dow ticker drop every day during the press conference.
If he keeps talking, it may get down to 10,000.
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Post by Darin on Mar 21, 2020 15:00:07 GMT -5
If these prices are still available come Monday, I'm getting a lot more shares of XLE ... great SPDR with dividends!
The DOW has needed a "correction" down to about 18ish for quite some time now, IMHO.
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