02-24-2022, 07:32 PM
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#3461
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Powerplay Quarterback
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I ended up 2% as well, odd day, started 5% down
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02-24-2022, 07:54 PM
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#3462
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Franchise Player
Join Date: Aug 2012
Location: Seattle, WA
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I guess 700+ point swings on the Dow are the new normal.
The stock market is completely bonkers right now.
__________________
It's only game. Why you heff to be mad?
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02-24-2022, 10:53 PM
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#3463
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Franchise Player
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Quote:
Originally Posted by DoubleK
I guess 700+ point swings on the Dow are the new normal.
The stock market is completely bonkers right now.
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that is only 2% - there have been 10% days
volatility has been high recently, for obvious reasons, but not unusually so
volatility ebbs and flows, just like everything else
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02-24-2022, 11:26 PM
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#3464
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Franchise Player
Join Date: Aug 2012
Location: Seattle, WA
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Quote:
Originally Posted by Enoch Root
that is only 2% - there have been 10% days
volatility has been high recently, for obvious reasons, but not unusually so
volatility ebbs and flows, just like everything else
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There has been exactly three +10% and one -10% day since 1987.
__________________
It's only game. Why you heff to be mad?
Last edited by DoubleK; 02-24-2022 at 11:29 PM.
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02-24-2022, 11:48 PM
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#3465
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Franchise Player
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Quote:
Originally Posted by DoubleK
There has been exactly three +10% and one -10% day since 1987.
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Yes. But 2% is not unusual. Which was the point I was making.
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02-24-2022, 11:59 PM
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#3466
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Franchise Player
Join Date: Aug 2012
Location: Seattle, WA
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So the 10% was a non sequitur?
I really don't see your point at all.
__________________
It's only game. Why you heff to be mad?
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02-25-2022, 12:17 AM
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#3467
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Franchise Player
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you made a comment about 700 point swings being the new norm
I pointed out that 700 points is only 2%, which isn't uncommon - daily volatility can reach 10%
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02-25-2022, 12:23 AM
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#3468
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Franchise Player
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Quote:
Originally Posted by Suave
This is a couple of months late, as best time to buy was in the summer. Right now some stocks are at all time highs or past their 52 week highs.
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posts like this never age well, no need for time machine talk in stocks
there are always good buys and money to be made
__________________
GFG
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02-25-2022, 01:20 AM
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#3469
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Franchise Player
Join Date: Aug 2012
Location: Seattle, WA
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__________________
It's only game. Why you heff to be mad?
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02-25-2022, 07:28 PM
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#3470
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Franchise Player
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Yes, market volatility, like many things, plays out in a (mostly) normal distribution (though with wide tails).
Your original argument seemed to be that volatility is higher now, but you are now presenting evidence that it isn't.
On that we agree.
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02-25-2022, 07:37 PM
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#3471
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Franchise Player
Join Date: Aug 2012
Location: Seattle, WA
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You need your eyes checked.
On that we agree.
__________________
It's only game. Why you heff to be mad?
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02-25-2022, 07:46 PM
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#3472
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Franchise Player
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Quote:
Originally Posted by DoubleK
You need your eyes checked.
On that we agree.
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Regarding what?
What point are you trying to make?
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02-25-2022, 08:03 PM
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#3474
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Franchise Player
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Quote:
Originally Posted by RichieRich
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Interesting that the crash of 2000 came up. As a value investor, I did not sell in 2000. And yes, the NASDAQ got hammered, but over the next year, value outperformed growth by more than 100%. Our portfolios were up in 2000, 2001, and 2002, despite the crash.
Twenty years later, buying the market and staying invested, still works. The people that don't agree tend to come and go.
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The Following User Says Thank You to Enoch Root For This Useful Post:
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03-07-2022, 08:53 AM
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#3475
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First Line Centre
Join Date: Sep 2004
Location: Vernon, BC
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I've been in Permex for a while (oil.cn), it's got a chance to move I think. Looks to be well set up for the next few years with attractive properties in Texas/New Mexico. Maybe needs more funding but they have a bunch of shut in wells they're bringing online and at these prices it's good cash flow.
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03-07-2022, 12:47 PM
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#3476
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Lifetime Suspension
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Market loathes tech stocks right now. HUSA is up 400% never heard of it until today. Crazy.
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03-07-2022, 01:35 PM
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#3477
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First Line Centre
Join Date: Sep 2004
Location: Vernon, BC
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Make that 550%... Wtf?
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03-07-2022, 01:45 PM
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#3478
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Franchise Player
Join Date: Jan 2010
Location: Calgary
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This is a pump an dump thing. Look at its financials. There's nothing there.
__________________
"An idea is always a generalization, and generalization is a property of thinking. To generalize means to think." Georg Hegel
“To generalize is to be an idiot.” William Blake
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03-07-2022, 08:29 PM
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#3479
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Franchise Player
Join Date: Aug 2012
Location: Seattle, WA
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Quote:
Originally Posted by CaptainYooh
This is a pump an dump thing. Look at its financials. There's nothing there.
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Yahoo says 2 full time employees.
__________________
It's only game. Why you heff to be mad?
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03-07-2022, 10:23 PM
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#3480
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Franchise Player
Join Date: Jan 2010
Location: Calgary
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Quote:
Originally Posted by DoubleK
Yahoo says 2 full time employees.
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Oh, my bad. All good then.
__________________
"An idea is always a generalization, and generalization is a property of thinking. To generalize means to think." Georg Hegel
“To generalize is to be an idiot.” William Blake
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