Who's Buying the Dip?

Crazy day.
Made some money back
I was a nervous nellie and moved my 401 to a safe fund on monday
Missed the big one. Who woulda thought?
Predictions for tomorrow?
I say green but smaller scale
When this dick swinging stops with china it will be another big day
 
.........or the plunge as it may be. I think this is driven mostly by the tariff fears and all the hype. However, I think we're due for a decent pullback either way because market fundamentals haven't been strong for 6 months.

I bought a couple stocks to keep accumulating for the long haul. It's hard to know when things will bottom, so I make some smaller buys along the way and try to get a decent average. Sometimes they are small and quick and sometimes they are more sustained, but there's always a deal to be had during a sell off.

I've decided after the 2000 and 2008 plunge I would always keep some cash on hand for these sell-offs. It's proven to be a decent strategy and once they run up again and I can make a decent return, I'll sell and build a little cash reserves again.

Probably gonna shake out over a few months. We'lll see what happens by September.
Got all my $$$700,000 in CD's. At my age, To invest it on an unreliable stock market doesn't make sense to me. I will not live long enough to see it turn into a large profit that I can use. I'll leave that to my son to do when I am pushing up daisies.
 
Got all my $$$700,000 in CD's. At my age, To invest it on an unreliable stock market doesn't make sense to me. I will not live long enough to see it turn into a large profit that I can use. I'll leave that to my son to do when I am pushing up daisies.
Yep, I like it! CDs have been kicking ass for a good bit, that's easy money!

Everyone has a different approach. You have to decide what's right in your own situation. I like hearing others philosophy.

I keep mine in different buckets, some low risk, some moderate and some high. For about 15 years I've always raised cash when the markets run up, cause they'll always take a dump and you can buy a little more of the premium names at a discount.

I've traded 3X leveraged ETFs and made some decent money, then watched it go right down the shitter 6 months later. They have a daily decay, so a slight trend up is good, but a trend down eats you right up.
 
Here comes the dip
Get ready
It'll probably chop sideways for a while, which would be helpful for the intermediate term. It's always good to have some consolidation to establish a new base before it can sustain a run up.
 
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Big dip today
sink hole.gif
 
Well it looks like the markets found their footing this week. I guess tarrifs ain't so bad.

Would have liked a slower downward trend, but my bets are looking decent so far. Might get another bust cycle yet tho, housing and job reports not looking too good!

NVIDIA has kind of been a turd tho. Should have bought and sold that 3 times during this shit show.
 

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Make sure you have multiple copies of ET!! That’s going to be a collectors item just like Beanie Babies!!!
Got nothing on my cabbage patch kids collection 🤣....
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We've got "mr. Vegas" Wayne Newton here.
He is the best looking cabbage patch ever! They had 4 or 5 surgeons stepping on the back of his head while pulling his ears back.
 
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