Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,099
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Post by Dave on Feb 24, 2020 3:33:38 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Feb 24, 2020 5:55:22 GMT -8
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Feb 24, 2020 7:05:51 GMT -8
G19 coming after American stockholders' wealth. I think we must stand up to them rather than just getting rolled. Shakedown! So is it buying opportunity time yet?
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Post by silkstone on Feb 24, 2020 7:21:00 GMT -8
G19 coming after American stockholders' wealth. I think we must stand up to them rather than just getting rolled. Shakedown! So is it buying opportunity time yet? The buying opportunity comes sometime after Bernie takes the reins.
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Post by zebrum on Feb 24, 2020 7:30:12 GMT -8
Nice bounce at open but looking weak now, Twitter has just gone lower than its open price
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4aapl
Moderator
Posts: 3,630
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Post by 4aapl on Feb 24, 2020 8:17:31 GMT -8
G19 coming after American stockholders' wealth. I think we must stand up to them rather than just getting rolled. Shakedown! So is it buying opportunity time yet? The buying opportunity comes sometime after Bernie takes the reins. Ugh! It's interesting reading about some of the historic gyrations in the market. In the 1875-1925 range there were times where dips and drops were due to economic reasons, and there were other times where it was self-inflicted, whether psyching it's self out, or what not. All uptrends will end. How long they last and how quick things fall are the variables of interest. AAPL is down about 9% from it's peak, though nearly 12% first thing this morning. The S&P is down less than 5%. It feels like more than that, and yet it isn't. While I wish I had sold a few things in the last 2 weeks, so far there isn't that much real bottom feeding to do. OTOH, we do have a little bit sitting around in 2 accounts, so I might yet do some buying. My recollection is that these small downward spikes tend to last at least 2 days (brexit) but holding out for the 3rd is often a little too long. This time is different...as they all are. And yet the reaction/recovery can be similar enough unless real chaos takes hold.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Feb 24, 2020 8:22:00 GMT -8
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Post by dreamRaj on Feb 24, 2020 11:03:58 GMT -8
BTD! Added these today to my leaps and short-term positions. I now have
40 calls of Jun 2022 450 @ $13.50 (average cost) and 20 calls of Apr 20 350 @ 2.80
If AAPL falls 5% or so again in the next few days, then it's BTFD time!
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Post by archibaldtuttle on Feb 24, 2020 11:13:01 GMT -8
AAPL approaching my buy zone of 30 RSI...
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Post by dreamRaj on Feb 24, 2020 11:30:34 GMT -8
Hey arch, thanks for that.
Always helps to have a reminder about RSI to put things in perspective.
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Post by zzmac on Feb 24, 2020 12:12:57 GMT -8
AAPL approaching my buy zone of 30 RSI... Please announce when it hits 30. Thx
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Post by hledgard on Feb 24, 2020 14:53:55 GMT -8
I don’t see any way to prevent the virus from spreading here. And the stress, inconvenience, and loss of revenue in China are each big.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Feb 24, 2020 22:01:45 GMT -8
Futures!
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