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Posted: 4/30/2024 6:19:14 PM EST
I mean is it happening?  wtf happened at end of trading session. 1.5% is like a major crash, right?  Ckt breakers tripping, trading halted, etc.  it’s fucking Tuesday. Not Monday.

@doomporn
Link Posted: 4/30/2024 6:20:30 PM EST
[#1]
The public reason is uncertainty over Fed Reserve minutes tomorrow.

I'm getting tires of all the ups and downs, it's all so manipulated.

Link Posted: 4/30/2024 6:21:59 PM EST
[#2]
Oh this is most definitely IT!
?? %
Link Posted: 4/30/2024 6:23:00 PM EST
[#3]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
The public reason is uncertainty over Fed Reserve minutes tomorrow.

I'm getting tires of all the ups and downs, it's all so manipulated.

View Quote


Tend to agree. I’ll just be a boring turtle. If I can way outpace inflation I’m doing alright.
Link Posted: 4/30/2024 6:23:47 PM EST
[#4]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
The public reason is uncertainty over Fed Reserve minutes tomorrow.

I'm getting tires of all the ups and downs, it's all so manipulated.

View Quote


It’s a market that trades on anticipation and expectation, and is the reason why you DCA into the market once or twice a month regardless of the day to day noise.
Link Posted: 4/30/2024 6:24:39 PM EST
[#5]
Link Posted: 4/30/2024 6:26:31 PM EST
[#6]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


It's a market that trades on anticipation and expectation, and is the reason why you DCA into the market once or twice a month regardless of the day to day noise.
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
The public reason is uncertainty over Fed Reserve minutes tomorrow.

I'm getting tires of all the ups and downs, it's all so manipulated.



It's a market that trades on anticipation and expectation, and is the reason why you DCA into the market once or twice a month regardless of the day to day noise.
this.

more a function of not knowing how the fed plinko outcome game turned out until tomorrow.
Link Posted: 4/30/2024 6:27:13 PM EST
[#7]
It hasn’t been this low since April 25!!!!!1

Do we start eating the cat food now?
Link Posted: 4/30/2024 6:27:51 PM EST
[#8]
-4% in like a month.


Starting to feel like a correction. But at the same time it can be up 2% or more in a day.


Once it passes -6% I’d say we are starting to get to correction territory.
Link Posted: 4/30/2024 6:28:12 PM EST
[#9]
1.5% a big crash?

get back to me when it is 10%+ each day for several days.

Let's start this shit soon, the election will be here soon enough.
Link Posted: 4/30/2024 6:29:21 PM EST
[#10]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
It hasn’t been this low since April 25!!!!!1

Do we start eating the cat food now?
View Quote

Just the wet stuff. Save the kibble.
Link Posted: 4/30/2024 6:29:55 PM EST
[#11]
Feds keep printing money even if they are sending it overseas or whatever it eventually makes it back to the US economy. All that money eventually has to end up somewhere, guessing a number of people not at the bottom put it in the market. It's being inflated like everything else.
Link Posted: 4/30/2024 6:37:22 PM EST
[#12]
Are we about to be left holding the biggest bag of odorous excrement ever assembled in the history of capitalism?
Link Posted: 4/30/2024 6:37:48 PM EST
[#13]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
-4% in like a month.


Starting to feel like a correction. But at the same time it can be up 2% or more in a day.


Once it passes -6% I’d say we are starting to get to correction territory.
View Quote

You do know a correction is 10% off recent highs, right?  Crash into bear is 20%.

Were in bull. Came out of bear.
Link Posted: 4/30/2024 6:39:59 PM EST
[#14]
Downturns in the stock market are opportunities to purchase less expensive stonks on DRIP.
Link Posted: 4/30/2024 6:41:20 PM EST
[#15]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Downturns in the stock market are opportunities to purchase less expensive stonks on DRIP.
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When do your dividends rebuy?
Link Posted: 4/30/2024 6:42:43 PM EST
[#16]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


When do your dividends rebuy?
View Quote


Automatically when they pay, mostly quarterly.
Link Posted: 4/30/2024 6:45:41 PM EST
[#17]
LOL, no. How much is the S&P 500 up in the last year?
Link Posted: 4/30/2024 6:45:44 PM EST
[#18]
Late day liquidations tend to get reversed pretty quickly.

When it starts, ES will probably dump 300 points or more in one day.  Candles will be gapping down with no buyers in sight.
Link Posted: 4/30/2024 6:46:42 PM EST
[#19]
Yes, OP. Sell everything and put it all into gold.
Link Posted: 4/30/2024 6:47:45 PM EST
[#20]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
LOL, no. How much is the S&P 500 up in the last year?
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That’s the point.
Link Posted: 4/30/2024 6:50:09 PM EST
[#21]
Link Posted: 4/30/2024 6:50:41 PM EST
[#22]


Lots of outflows from ETH today too in crypto, more buying for me though
Link Posted: 4/30/2024 6:53:46 PM EST
[#23]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


That’s the point.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
LOL, no. How much is the S&P 500 up in the last year?


That’s the point.

Now that YOU are showing restraint I'm paying attention.
Link Posted: 4/30/2024 6:57:58 PM EST
[#24]
Markets say no decision to cut interest rates.  

Link Posted: 4/30/2024 6:59:09 PM EST
[#25]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Now that YOU are showing restraint I'm paying attention.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
LOL, no. How much is the S&P 500 up in the last year?


That’s the point.

Now that YOU are showing restraint I'm paying attention.


Still buying. Just like I do every Friday.
Link Posted: 4/30/2024 7:08:14 PM EST
[#26]
All I know is, if it is the big one, the irony of the OP will live in infamy



(And I did sell tsla within 50 cents of the high yesterday.)
Link Posted: 4/30/2024 7:08:50 PM EST
[#27]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Still buying. Just like I do every Friday.
View Quote

Just out of curiosity,,,, How much do you spend on a average Friday? I'm just curious...
Link Posted: 4/30/2024 7:12:39 PM EST
[#28]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Tend to agree. I’ll just be a boring turtle. If I can way outpace inflation I’m doing alright.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
The public reason is uncertainty over Fed Reserve minutes tomorrow.

I'm getting tires of all the ups and downs, it's all so manipulated.



Tend to agree. I’ll just be a boring turtle. If I can way outpace inflation I’m doing alright.


Please, share your secret for 20% returns
Link Posted: 4/30/2024 7:13:51 PM EST
[#29]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Now that YOU are showing restraint I'm paying attention.
View Quote


Pretty sure he is making fun of the crowd who would look at a -1.5% day and actually believe “this is it”.
Link Posted: 4/30/2024 7:15:14 PM EST
[#30]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

You do know a correction is 10% off recent highs, right?  Crash into bear is 20%.

Were in bull. Came out of bear.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
-4% in like a month.


Starting to feel like a correction. But at the same time it can be up 2% or more in a day.


Once it passes -6% I’d say we are starting to get to correction territory.

You do know a correction is 10% off recent highs, right?  Crash into bear is 20%.

Were in bull. Came out of bear.



Yeah. That’s why I said correction territory.  Meaning I think a full correction is going to happen.
Link Posted: 4/30/2024 7:16:26 PM EST
[#31]
So I guess it isn't good enough to just drop in on other people's doom and gloom threads any longer and now you need to create your own troll threads on the topic?
Link Posted: 4/30/2024 7:17:07 PM EST
[#32]
It's a correction on the mega tech stocks that drive the S&P500. The 7 mega jumbos aren't living up to the expectations of being worth more than the rest of the planet.
Link Posted: 4/30/2024 7:18:40 PM EST
[#33]
In 96-hours things are potentially going change
Link Posted: 4/30/2024 7:18:47 PM EST
[#34]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Yeah. That’s why I said correction territory.  Meaning I think a full correction is going to happen.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
-4% in like a month.


Starting to feel like a correction. But at the same time it can be up 2% or more in a day.


Once it passes -6% I’d say we are starting to get to correction territory.

You do know a correction is 10% off recent highs, right?  Crash into bear is 20%.

Were in bull. Came out of bear.


Yeah. That’s why I said correction territory.  Meaning I think a full correction is going to happen.


That will be awesome, but hoping more for the 20% plus over the next few years. Too much clutter out there, needs a good dusting.
Link Posted: 4/30/2024 7:18:48 PM EST
[#35]
We don't need no water let this motha ***** burn!

Link Posted: 4/30/2024 7:20:33 PM EST
[#36]
LOL.
Link Posted: 4/30/2024 7:21:31 PM EST
[#37]
Stocks are back on sale?
Link Posted: 4/30/2024 7:22:57 PM EST
[#38]
Link Posted: 4/30/2024 7:24:07 PM EST
[#39]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Yes, OP. Sell everything and put it all into gold.
View Quote


Bitcoin and stack 'em deep!

Link Posted: 4/30/2024 7:25:10 PM EST
[#40]
At first I was like



Then I saw who was posting and was like

Link Posted: 4/30/2024 7:26:53 PM EST
[#41]
If it is gonna crash, lets do it deep and hard NOW.  

I can't take it 5 years down the road.  So please, Mr. Market, do everything according to my personal schedule.

Link Posted: 4/30/2024 7:27:58 PM EST
[#42]
lol dudes rooting against the market.
Link Posted: 4/30/2024 7:30:37 PM EST
[#43]
Natural pull back on the 1HR/4HR charts today. SPY/NAS are currently in a nice mess of 1/4HR order blocks or voids in the pullback.  Haven’t looked at the DOW. I don’t trade that.

I’m anticipating a jump upwards the next few days towards previous highs on both from early April. If we create a lower high off that then hold on to your pants. I’m looking to short SPX around 5200 and Nasdaq around 18100. Not financial advice.
Link Posted: 4/30/2024 7:30:47 PM EST
[#44]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
lol dudes rooting against the market.
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I'd say the majority of arfcom roots against the market.  They want everything to collapse.
Link Posted: 4/30/2024 7:31:50 PM EST
[#45]
Discussion ForumsJump to Quoted PostQuote History
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No worries, the key to avoiding a recession is simply to redefine what one is.
Link Posted: 4/30/2024 7:32:30 PM EST
[#46]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Natural pull back on the 1HR/4HR charts today. SPY/NAS are currently in a nice mess of 1/4HR order blocks or voids in the pullback.  Haven’t looked at the DOW. I don’t trade that.

I’m anticipating a jump upwards the next few days towards previous highs on both from early April. If we create a lower high off that then hold on to your pants. I’m looking to short SPX around 5200 and Nasdaq around 18100. Not financial advice.
View Quote


Did you short it when it was 5250 30 days ago?
Link Posted: 4/30/2024 7:36:40 PM EST
[#47]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Just out of curiosity,,,, How much do you spend on a average Friday? I'm just curious...
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:


Still buying. Just like I do every Friday.

Just out of curiosity,,,, How much do you spend on a average Friday? I'm just curious...


2500 brokerage. Every Friday. Another 1500 401k including match every other.

Trying to catch up is a bitch.

Basically half our income goes to investing. I have enough stuff. I don’t need more stuff. I need wealth to generate income.
Link Posted: 4/30/2024 7:41:23 PM EST
[#48]
Sell in May and go away?
Link Posted: 4/30/2024 7:42:13 PM EST
[#49]
There is 0.0% chance they will let if fall apart before the election.
Link Posted: 4/30/2024 7:42:43 PM EST
[#50]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Did you short it when it was 5250 30 days ago?
View Quote


I rarely trade SPX. I watch it for the odd options play when the NAS isn’t being nice. Nasdaq is my baby with futures/forex.

I snagged the Nasdaq on the 12th right as it came back up to 18350ish on a 1min OB. Paper handed it when I woke up the next morning for 100 points expecting a pullback. Literal top of it. So pissed. 1000 point drop or so. Last night I snagged another top right at 4:00pm. 17600. Rode it down and took profit this morning.

I’m more of a 1min scalper so these long swing trades get me jittery.
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