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MDawg
MDawg
Joined: Sep 27, 2018
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March 24th, 2020 at 5:16:11 PM permalink
Who knows what will happen by tomorrow's bell, but for a moment futures were green and it was actually looking like we'd have three green openings in a row. Monday opened green didn't it? Seems like a long time ago....

I recall when people would say things like "will never happen" about the market opening red three days in a row....
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
michael99000
michael99000
Joined: Jul 10, 2010
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AxelWolf
March 24th, 2020 at 6:07:53 PM permalink
Quote: MDawg

I haven't booked a losing trade in something like two years.



The most surprising thing about this is youíre admitting you lost on a trade 2 years ago.
MDawg
MDawg
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March 24th, 2020 at 6:19:00 PM permalink
At some point, some of you may realize the truth, which is: that I tell it like it is.


Over and out! for now.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
MDawg
MDawg
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March 25th, 2020 at 9:26:04 AM permalink
I did just one trade today AMZN 1901 ----> 1903. It went as low as 1893 or so after I bot (I didn't actually see it go that low, I saw more like 1895 but the chart I looked at afterwards indicates 1893). I didn't see any need to average in but if it had hit say 1891 I would have.

Of course after I sold it went all the way to something like 1919.

Interesting DOW action today it was actually pretty red for a while (sell the news? or fear that the stimulus package would not pass?). Over all I am doing well as far as long terms, green, but AMZN is the runt of the litter today.

I just looked and now the chart shows that AMZN hit as low as 1890 at some point, but that must have been on a second bottom.

The casino stocks are making major comebacks, might be worth a nibble. Vegas will reopen.

TSLA is marching back on up, that is helping my long terms a lot too.

When I was doing the AMZN trade I noticed that CMG was up something like 30, now it is barely up 1. Its range today: 600 to 684.99 that's pretty volatile! The thing about CMG is that it has a pretty small float and if you pick the wrong side it can really move against you. It's a weird stock to watch, it doesn't even show that many completed trades per given moment given the small float, but the infrequent clicks really move it.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
MDawg
MDawg
Joined: Sep 27, 2018
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March 25th, 2020 at 10:18:04 AM permalink
I just calculated, I am down (at this moment) about 19% from the high of February in terms of over all value of my account. Of course, some of this has to do with active trading the past month, that has helped.

A philosophical way to look at it would be that the market was overbought in February and I wasn't entitled to all that money. But still, just like when gambling and you were up ten grand and now you are up "only" five, and the wise thing to do is to not think about where you were, but rather where you are, still it's hard not to consider any drop from the peak as a loss.

There will be ups and downs over the next days and weeks. I wish I could say that it'll be straight back up from here, but I am sure it will not be.

Just tap me on the shoulder when AMZN is at 2200, Blue Skies will reign again!
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
billryan
billryan 
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Foragerdarkozmichael99000AxelWolf
March 25th, 2020 at 11:08:54 AM permalink
I just want to thank mdawg for his tireless efforts here. In this dark hour, we all could use more comedy relief.
MDawg
MDawg
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March 25th, 2020 at 11:23:40 AM permalink
Out of the mouth of babes....

Quote: MDawg

I can't believe BAC is now below 19. I have held THOUSANDS of shares of that for, going on ten years or so now. Below 19 - that seems oversold to me.


As your attorney, I did advise buying BAC under 19.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
MDawg
MDawg
Joined: Sep 27, 2018
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March 25th, 2020 at 12:44:23 PM permalink
Every time there is one of these Panics - end of 2018, beginning of 2016, NOW...retail investors are the ones who get creamed. Don't be one of those! Be like the institutions and BUY on the dips, HOLD ON, and you will be rewarded.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
AxelWolf
AxelWolf
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Forager
March 25th, 2020 at 1:15:33 PM permalink
Quote: MDawg

Out of the mouth of babes....


As your attorney, I did advise buying BAC under 19.

I advise people betting the under on your BAC play.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
MDawg
MDawg
Joined: Sep 27, 2018
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March 26th, 2020 at 6:39:25 AM permalink
BAC is already up over 3 points, 21.5 or so...you would have lost that bet already.


After a night of partly red futures, we're opening pretty green. Now, just to stay there! As far as individual stocks that I own, we're not quite at the highest levels of the week yet though.

Shorts are getting their shorts handed to them!
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.

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