HI5 Posted February 23, 2021 Share Posted February 23, 2021 Bitcoin is down, Gold is down, Silver is down and Market is down.. Link to comment Share on other sites More sharing options...
GetFocht Posted February 23, 2021 Share Posted February 23, 2021 55 minutes ago, HI5 said: Bitcoin is down, Gold is down, Silver is down and Market is down.. Buy the dip 1 Link to comment Share on other sites More sharing options...
skolozsy2 Posted February 23, 2021 Share Posted February 23, 2021 Good grief Link to comment Share on other sites More sharing options...
CBH1926 Posted February 23, 2021 Share Posted February 23, 2021 I bet KY jelly sales are through the roof. 1 Link to comment Share on other sites More sharing options...
Wolfgang Durst Posted February 23, 2021 Share Posted February 23, 2021 OMG : Tesla stock plunge, below US -$ 630, minus 12 %. Link to comment Share on other sites More sharing options...
AriGold2.0 Posted February 23, 2021 Share Posted February 23, 2021 Down about 7K this morning... I'm not bothered by it either.. I'm desensitized from all of this now.. 1 Link to comment Share on other sites More sharing options...
skolozsy2 Posted February 23, 2021 Share Posted February 23, 2021 What's the news? Link to comment Share on other sites More sharing options...
CBH1926 Posted February 23, 2021 Share Posted February 23, 2021 Just now, skolozsy2 said: What's the news? Bubble is starting to leak air. 1 Link to comment Share on other sites More sharing options...
GetFocht Posted February 23, 2021 Share Posted February 23, 2021 18 minutes ago, CBH1926 said: Bubble is starting to leak air. Feels like more than a leak. Link to comment Share on other sites More sharing options...
Warhippy Posted February 23, 2021 Share Posted February 23, 2021 Good lord wtf Every single price alert I'd set has triggered. Including the unrealistic ones. Everything has essentially stabilized since the opening in my portfolio but wow. Did I miss something? Link to comment Share on other sites More sharing options...
CBH1926 Posted February 23, 2021 Share Posted February 23, 2021 4 minutes ago, GetFocht said: Feels like more than a leak. Leaks get bigger and bigger, tech has been extremely overinflated so it’s due for a very large drop. These newly minted SPAC’s, tech companies, pharma etc. with no revenue but enormous valuations are casino. Some made money but lot of people will get hosed. 2 Link to comment Share on other sites More sharing options...
AriGold2.0 Posted February 23, 2021 Share Posted February 23, 2021 1 minute ago, CBH1926 said: Leaks get bigger and bigger, tech has been extremely overinflated so it’s due for a very large drop. These newly minted SPAC’s, tech companies, pharma etc. with no revenue but enormous valuations are casino. Some made money but lot of people will get hosed. Bingo.. @Warhippy See above Link to comment Share on other sites More sharing options...
Lancaster Posted February 23, 2021 Share Posted February 23, 2021 My guess.... it was CCIV. Probably lots of folks jumped into it in the last few days, got caught with margin calls, and thus mass selling of everything else to cover. Most of my portfolio is down today, even stuff unrelated to each other. Gold miners, Amazon, SPAC's, Apple.... 1 Link to comment Share on other sites More sharing options...
Warhippy Posted February 23, 2021 Share Posted February 23, 2021 4 minutes ago, Warhippy said: Good lord wtf Every single price alert I'd set has triggered. Including the unrealistic ones. Everything has essentially stabilized since the opening in my portfolio but wow. Did I miss something? 2 minutes ago, CBH1926 said: Leaks get bigger and bigger, tech has been extremely overinflated so it’s due for a very large drop. These newly minted SPAC’s, tech companies, pharma etc. with no revenue but enormous valuations are casino. Some made money but lot of people will get hosed. Sounds about right Just now, AriGold2.0 said: Bingo.. @Warhippy See above Well. That tracks with what Futz and I have discussed in various threads. Meaning he spoke and I ranted about. Figured there'd be another year or so though. Link to comment Share on other sites More sharing options...
Russ Posted February 23, 2021 Share Posted February 23, 2021 Slowly crawling back up.... Bought some NIO and XPEV, trying to figure out what else to buy right now. Link to comment Share on other sites More sharing options...
Russ Posted February 23, 2021 Share Posted February 23, 2021 5 minutes ago, Lancaster said: My guess.... it was CCIV. Probably lots of folks jumped into it in the last few days, got caught with margin calls, and thus mass selling of everything else to cover. Most of my portfolio is down today, even stuff unrelated to each other. Gold miners, Amazon, SPAC's, Apple.... CCIV created this whole bubble! Lol jk 1 1 Link to comment Share on other sites More sharing options...
CBH1926 Posted February 23, 2021 Share Posted February 23, 2021 1 minute ago, Warhippy said: Sounds about right Well. That tracks with what Futz and I have discussed in various threads. Meaning he spoke and I ranted about. Figured there'd be another year or so though. Bull market has been running for so long that almost any stock that we bought went up. To make money in downturn will require more skill but anyone that got in Tesla at $900 thinking it will continue to go up is smoking some good stuff. I am not even going to talk about buying GME at $483. Link to comment Share on other sites More sharing options...
Duodenum Posted February 23, 2021 Share Posted February 23, 2021 6 hours ago, skolozsy2 said: *Was* green. Apparently red is the new green lately. FML! Yowza, it just keeps going lower. Any explanation to this? Somebody about to get squeezed and they're liquidating everything else or something. Quite a sell off going on across the board. Lol yea another ugly day. Looks like Powell has stopped the bleeding for now. Link to comment Share on other sites More sharing options...
Lancaster Posted February 23, 2021 Share Posted February 23, 2021 Today is a good example on why behavioural finance and market psychology are very important stuff to learn about. 1 3 Link to comment Share on other sites More sharing options...
Putgolzin Posted February 23, 2021 Share Posted February 23, 2021 23 hours ago, nzan said: I guess any monkey can be making good returns in the current climate, but I'm happy to be making about 10% a month in the first few months. edit - 0% a month 1 1 Link to comment Share on other sites More sharing options...
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