Did you buy stocks?

New_Journey

Master Don Juan
Joined
Oct 7, 2024
Messages
591
Reaction score
406
Age
35
Now its the time to buy stocks, I bought several and they're shooting up to the sky, don't waste this opportunity. Be smart, take risks and enjoy the success.
 

New_Journey

Master Don Juan
Joined
Oct 7, 2024
Messages
591
Reaction score
406
Age
35
Today (April 3) was a huge down day for the Dow, Nasdaq, and S&P 500.
Buy everyday it goes down, and you'll be rich
 

Scaramouche

Master Don Juan
Joined
Jan 27, 2008
Messages
4,143
Reaction score
1,243
Age
80
Location
Australia
Hi New Journey,
It was Baron Rothschild who was credited with saying
"When the Streets run with blood,even though some of it be your own,that's when you buy"
 

BackInTheGame78

Moderator
Joined
Sep 10, 2014
Messages
15,145
Reaction score
16,410
Hi New Journey,
It was Baron Rothschild who was credited with saying
"When the Streets run with blood,even though some of it be your own,that's when you buy"
The streets merely have a trickle of blood. You want to see real blood wait til a recession is confirmed.

The 20 SMA hasn't even bearishly crossed over the 200 SMA yet, meaning the downside risk is still very significant.

The smart move is waiting for the bottom instead of trying to catch a falling knife.

I've tried that before...all it leads to is a lot of bloody hands and lots of stitches.

Thinking the market "has to go up" at some point in these conditions leads to a lot of pain usually.
 
Last edited:

Scaramouche

Master Don Juan
Joined
Jan 27, 2008
Messages
4,143
Reaction score
1,243
Age
80
Location
Australia
Hi BackInTheGame,
Tell me about it,When I Die,they will find not the name of England engraved on my heart but 2nd July 1997,the date of the Asian Financial Crisis....I lost half my considerable portfolio that morning!
 

SW15

Master Don Juan
Joined
May 31, 2020
Messages
14,259
Reaction score
11,868
Timing the market is very difficult to do.

I think that stocks will continue to lose value. The markets are nowhere near a bottom.
 
Top