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onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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March 20th, 2020 at 8:47:25 AM permalink
Quote: Ace2

What does that mean ?

I am not sure, think I was trying to figure it out as I went.

Also added: When I mentioned you Ace2, just meant you have been confident to be very cautious about the future.

Edited: I was trying to get myself to sell everything out, but chickened out. I'm not 9-5 sleep pattern, by the time I woke up, it was too late and I became scared to take losses. Just a commoner. :( However I do not plan to be playing, I cannot get a good start, don't know which stocks to look at, really don't have enough experience yet. Will reconsider this. I cannot take risks without being confident I should. I'm sure I must be taking bad bets now. Was just days ago I was all against BTC, now I'm thinking to just gamble on it. That is not good probably. Very volatile, guess I'm chasing, trying to get to relief. Eventually I will figure this out I am sure. I've got nothing better to do for some time.
Last edited by: onenickelmiracle on Mar 20, 2020
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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March 20th, 2020 at 8:58:46 AM permalink
Quote: michael99000

I donít know what the first sign of return to normalcy will be, or when it will be. But I have a feeling sports wonít be near the beginning. Activities that are social-distancing friendly will probably be first. Shopping at the mall for ex.

Will shaking hands ever be commonplace again ? Even if/when we are down to zero infected people.

I personally have never touched elevator buttons with my hand, or public handrails , or handles on doors into and out of public places. I use my arm or elbow or a napkin. I think more people will take that approach permanently. Recently Iíve even waited until someone was coming out of a store and then jumped in while the door was still closing.

I guess casinos will always have slot machines lined up like sardines whereby youíre sitting a few feet from the guy playing next to you. But thatís probably not healthy either.

Will the same large number of people who went to gyms before all return and trust that type of place? They can step up cleaning , but they canít disinfect every dumbbell, treadmill, and jump rope everytime someone new uses one.



I have always used the back of my knuckles to press elevator buttons. Once things become normal again, you would be foolish to act like they're not. Once it is gone, it is gone, the odds of another disease coming around without warning and a response are very low. Things will begin to be normal once people have been sure they have been through it and cannot get it again(if true). It's the one bright side of symptoms, it will be over one way or another before you know it. If you are spared, you will be free.
Suited89
Suited89
Joined: Dec 23, 2019
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March 20th, 2020 at 9:59:45 AM permalink
I treated my self to some institute blocks of 'distressed' Hotel REITs. These are long-term at low prices. I'll forgo the divi for 6 months for a return to near-normal in a year. These were bought at open or at close very recently...
INN
DRH

If I'm lucky today RLJ. The first two under $3.50, this last one hopefully under $5.

In the meantime, POTUS speaks the market tanks... quite the indicator ;o)

But I might be an idiot, too.

Suited89
some people need to reimagine their thinking
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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March 20th, 2020 at 10:31:40 AM permalink
One thing I have realized is charts can lie, you can be looking at a chart and it is not doing what it looks like at the moment. The chart can look like it is going one direction, and it was, but any change isn't going to show. I mean if you see the line in an downward direction, you think at the moment it is still selling down, but it can be selling up for some time. This is not expected, but easily seen soon.

Another thing I notice about myself, like gambling, at first I want to be ahead at a moment, then I want to be even at a moment, this cannot always be the best move. I cannot just sell a stock formerly in decline to just for a moment be even. If I do this, then I am doing something wrong unless I am already not confident and thought it was a mistake. Then in this case, I should have already sold.
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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March 20th, 2020 at 11:14:39 AM permalink
Quote: Suited89

I treated my self to some institute blocks of 'distressed' Hotel REITs. These are long-term at low prices. I'll forgo the divi for 6 months for a return to near-normal in a year. These were bought at open or at close very recently...
INN
DRH

If I'm lucky today RLJ. The first two under $3.50, this last one hopefully under $5.

In the meantime, POTUS speaks the market tanks... quite the indicator ;o)

But I might be an idiot, too.

Suited89

Jar jar binks was supposed to wind up being the big bad Sith.
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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March 20th, 2020 at 11:42:11 AM permalink
Funny read an article saying BTC would fall to $6000 if it fell below $6400, and it is on its way almost immediately from $6400 to $6200. Yet, what can you believe, this was a featured article on Robinhood, so many will believe it. Anything widespread information will have some credibility, with followers almost certain to make such a thing reality.

Added: It sure did go from $6424 to $6200 in a hurry, but stabilized there, and it was not the first time it dipped below $2400. I didn't see that before, I just thought it was the way I thought it was. Was this way, but no so much cause and effect since it dipped below $6400 twice at least IIRC. I'm going to be hesitant to gamble in in now for sure.

This sucks, I can buy and sell Crypto, but not stocks. It's almost the only reason I take a chance on them, because I want that volatility. I'm far away from maintaining $25,000 in a brokerage account, maybe if I can find some gains and margin counts. Get me back inside a casino with the same conditions, I will, but then why put the money in something I'm not skilled at yet. I know the casino won't last, that's why.

Plus it seems not only can I not day trade, they're telling me I can't swing trade. When I wanted to buy a stock, it said I couldn't buy stocks from the proceeds of stocks help overnight. Maybe this is the 3 day settlement wait I didn't think Robinhood had.
Last edited by: onenickelmiracle on Mar 20, 2020
odiousgambit
odiousgambit
Joined: Nov 9, 2009
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Thanks for this post from:
onenickelmiracle
March 20th, 2020 at 12:49:41 PM permalink
Quote: onenickelmiracle

Plus it seems not only can I not day trade, they're telling me I can't swing trade. When I wanted to buy a stock, it said I couldn't buy stocks from the proceeds of stocks help overnight. Maybe this is the 3 day settlement wait I didn't think Robinhood had.

Might have something to do with 'no fees for trading' which means the only money they make is from the spread of paying you nothing for what you hold in the cash account while they invest it in bonds.

With regular brokerages I think the money from a sale should be available for the next purchase *immediately* even though you have to wait 3 days if you want the cash sent to your bank. Certainly that is my experience with T Rowe Price and I like it that way.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: ďThanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!Ē She is, after all, stone deaf. ... Arnold Snyder
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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March 20th, 2020 at 1:11:59 PM permalink
Turned out today would have been a good day to completely sell off for me. I didn't even get to push a button for that money ;)
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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March 20th, 2020 at 2:17:34 PM permalink
Quote: odiousgambit

Might have something to do with 'no fees for trading' which means the only money they make is from the spread of paying you nothing for what you hold in the cash account while they invest it in bonds.

With regular brokerages I think the money from a sale should be available for the next purchase *immediately* even though you have to wait 3 days if you want the cash sent to your bank. Certainly that is my experience with T Rowe Price and I like it that way.

I forgot today was Friday. Everyday is Friday.
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
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March 20th, 2020 at 4:26:35 PM permalink
I was not able to hold onto Coke, just couldn't stomach the loss of two days and wanted to get into something else. If I lose 35% of my initial investment, I'm getting out completely.

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