Dave Taylor
Rex kwan Do
Ahhhhh. Was MSFT the one to make things topple or is it AAPL? Yesterday AAPL broke below it’s trendline for the first time since march. Death to robinhooders! FNGD
Biggest crash in stock market history?
- Thread starter Dave Taylor
- Start date
Dave Taylor
Rex kwan Do
So happy to see stonks collapsing. TSLA had an awesome quarter yet they are down $200/share. INTC back at february lows. All thw faangs down today. Sold my SLV, GLD, PSLV and CEF yesterday. Looking for a pullback to rebuy.
liked for high-low watermark approach.
Dave Taylor
Rex kwan Do
I loaded up my IRA( this will not be touched for years) with GLD, SLV, CEF, PSLV, AUY and ISVLF(a speculative play). Very bullish long term on gold and silver.
rick81721
Lothar
Hey Dave was right about gold
https://www.marketwatch.com/story/gold-shoots-30-higher-to-fresh-record-above-1900-2020-07-27
So I'm fooling around with some stocks hit by covid - Delta Airlines, Royal Caribbean and IMax so far.
Dave Taylor
Rex kwan Do
BTW I am long all those I mentioned bur just bought a boat load of slv sept puts. Oli think a big, fast correction is coming.
The Kalmyk
Well-Known Member
And that inherently puts him on a different time scale than investors. I would imagine that would drive some of the larger interests up the wall.
rick81721
Lothar
Dave nailed gold, but Amazon.... whoa!
https://www.cnbc.com/2020/07/30/amazon-amzn-earnings-q2-2020.html
Earnings 10.30 compared to 1.47? Lol, wtf.
Dave Taylor
Rex kwan Do
I guess big tech needed to be bailed out. See where your $6 trillion went? Right in Bezos pocket. #merica . I think we will see a selloff i to October.
phillychris498
Well-Known Member
There must be pretty crappy analysts covering Amazon to be over 80% off of actual EPS.
So where's this crash?
I have enough profit in AAPL to by a decent used M3 and actually enjoy my make believe money. Very tempting, but it just keeps climbing.
I have enough profit in AAPL to by a decent used M3 and actually enjoy my make believe money. Very tempting, but it just keeps climbing.
kidzach
Well-Known Member
love it ! up 40% on AMZN since late April. Just went in with some more heavy Cash. Go Amazon ! You can not tame the beast , run with it.
rick81721
Lothar
Latest DT prediction is after the election. I'm fooling around with stocks in airlines, cruise lines, etc, hoping they will appreciate enough in the next few years to put a down payment on a GT4 RS. I can dream!
Even my 20 year old son said he took some of his Summer waiting table money and put in airlines and Amusement parks hoping for the long run. At 20, I would have dumped all my money straight into my car.
The down payment is the easy part.
rick81721
Lothar
ha my son (24) is doing the same. I don't think I owned any stocks until I started working in Chicago in 83