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Friday The 13th

select-fireselect-fire Member Posts: 69,529 ✭✭✭✭
edited March 2020 in General Discussion
Could be an historical day on Wall Street. Foreign futures and taking a pounding for tomorrow.  Stock market is down about 28 % from the highs..... I might take some cash and invest when she goes to the bottom . Haven't played since 08 but see upside on solid stocks. Make some quick money and get out forever.  Looks like this morning the market will rebound some.. however it rebounded once and then fell from the beginning. Monday should be interesting .

Comments

  • gruntled2gruntled2 Member Posts: 560 ✭✭✭
    Just how will you know what is the bottom? My wife picked it for the dot com bust. She got out of her stock fund for her 401k plan right at the bottom. She single handedly turned the market around when she pushed the button on her computer to go into the "safer" fund. I set up the transfer for her at her request but I am sure glad I made her push the button.
  • yoshmysteryoshmyster Member Posts: 22,065 ✭✭✭✭
    I bought Mega and Power Ball tickets.
  • BobJudyBobJudy Member Posts: 6,671 ✭✭✭✭
    Darn I thought this would be a Jamie Lee Curtis thread. As for the market projections - I got nuthin. Any more the market defies common sense. I hope it holds onto the gains it made Friday but it is so volatile that anything can happen. Bob
  • Don McManusDon McManus Member Posts: 23,695 ✭✭✭✭

    Opportunity.

    Day trading in Index Funds has severed me very well over the past couple of weeks.


    Not my usual M. O., but is hard to not take advantage of 5 - 10% swings.

    Freedom and a submissive populace cannot co-exist.

    Brad Steele
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