Originally posted by scooterscot
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stock market crash
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Originally posted by Andy2 View Postrecession ? what recession? at this speed dow will be back to 29k by december
buy buy buyComment
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Gilead’s news saved the day for the stock market, which is in a high-risk area - MarketWatch
Bears have been trampled to death by the bulls. To the moon! Lambos!
A company announces (without an independent clinical trial) that it's cured Covid already....Comment
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And this:
Investors have $5.1 trillion hiding out in the shares of five companies, which will be tested this week - MarketWatch
Five companies represent 20% of the whole S&P 500 price.
$5.1 trillion in those 5 Dot Com heroes, with off the scale price to earnings ratios already.Comment
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Originally posted by DimPrawn View PostGilead’s news saved the day for the stock market, which is in a high-risk area - MarketWatch
Bears have been trampled to death by the bulls. To the moon! Lambos!
A company announces (without an independent clinical trial) that it's cured Covid already....Comment
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Originally posted by BlasterBates View Post
You need to check out China. That's where the future lies.
According to globalists, the field is always due to be greener somewhere abroad. But things never seem to turn out that way.Work in the public sector? Read the IR35 FAQ hereComment
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Originally posted by BlasterBatesThere are essentially two trading strategies:
1. buy low, sell high
2. buy high, sell low
I recommend the first.
The problem with "timing" the market is that you can't, not consistently. Diving in when everyone is screaming Armageddon doesn't really work unless you're prepared to hold for years; most of the day-trader types aren't looking for that and most of them lose. Even scootie can beat the market sometimes though - infinite monkey theorem. The best approach is to continue the same trading strategy through bad times and good, adding incrementally, not hoping to "buy low" and "sell high". Unless you're just doing it for fun, like the horses, which is fine, of course.Comment
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My plan and it seems totally flawless and risk free to me, as I'm up 41% on MCL and a few others, is a stop loss set at my buy in price. 2 outcomes:
I buy lambo
I finish with what I started with
I'm OK with eitherComment
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