OT Dow Jones Down

Discussion in 'Blazers OT Forum' started by Lanny, Mar 9, 2020.

  1. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    I went to Mexico a lot during the Swine flu scare, they had those infrared temperature scanners you walk through at the airports.
     
  2. yankeesince59

    yankeesince59 "Oh Captain, my Captain".

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    Not sure if you are agreeing with me or not, but that's exactly what I was saying, you should not buy "now" because we don't know where the bottom is.
     
    Last edited: Mar 9, 2020
  3. julius

    julius I wonder if there's beer on the sun Staff Member Global Moderator

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    I don't know what you're talking about. The ladies love men who look like 3 day old mayonnaise
     
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  4. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Start buying now, but continue buying as it dips more.
     
  5. yankeesince59

    yankeesince59 "Oh Captain, my Captain".

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    No.

    If you buy now and the market goes down another 25% you won't "get the gains" as you asserted before first losing another 25%. If you had started "buying on the way down" 10 days ago when things first started dropping, you' be taking it in the shorts right now.
     
  6. donkiez

    donkiez Well-Known Member

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    I think you need to look up DCA theory. However I agree now is not the time to start that. A few days at least, but that's my opinion.
     
  7. yankeesince59

    yankeesince59 "Oh Captain, my Captain".

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    If you are agreeing with me, I don't understand the point of looking up something I'm already aware of.
     
  8. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    You'll get gains, but not as much as if you are able to predict the market perfectly
     
  9. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Well, asian women do.
     
  10. yankeesince59

    yankeesince59 "Oh Captain, my Captain".

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    I'm aware of the math and I never said anything about being "able to predict the market perfectly"...not at al.

    ...but using your strategy do you think it would have been smart to buy stock about 10 days ago, or oil?...I certainly hope not.
     
  11. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    No. I think it's been sufficiently hit though. Not rock bottom at the moment, that will probably be a few days.
     
  12. yankeesince59

    yankeesince59 "Oh Captain, my Captain".

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    I tend to look at market/price momentum and I agree, to be honest I don't think we've seen the worst yet.
     
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  13. BigGameDamian

    BigGameDamian Well-Known Member

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  14. The Professional Fan

    The Professional Fan Big League Scrub

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    What fake news is he talking about? It's amazing to me that all he has to do is say fake news and his lemmings are like "yeah!" He doesn't even have to specify a topic. Amazing how dumb people are.
     
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  15. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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  16. noknobs

    noknobs Well-Known Member

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    Oh my God, did he really post that? You can't make this shit up. He's like the gift that just keeps on giving.
     
  17. TorturedBlazerFan

    TorturedBlazerFan Well-Known Member

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    No matter how much we beg him to stop.... .... ....
     
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  18. drexlersdad

    drexlersdad SABAS

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  19. ABM

    ABM Happily Married In Music City, USA!

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    You'd need to look more like 3-day-old chili oil.
     
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  20. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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