USA Stocks discussion - Part 2

[revhappy]

Mario bro dropped a bomb last night and caused all markets to sell off today. EUR/USD also plunged to 2019 lows.

I want to see if SSI warriors will put their money where their mouth is by buying the dips if they think the market will still go up indefinitely.

HSI -1.91%
N225 -2.01%
SSEC -4.04%
STI -1.05%

SSI warriors I satpork you to play NO STOP LOSS in stocks if you have conviction. Just don't be like me -US$33,000 unrealised loss in Forex. NO STOP LOSS. I am waiting for USD to flip south.

I dare central banks to not come and bailout equity investors this time. Raise interest rates please, it is not working in Europe clearly.

 

[focus1974]

Mario bro dropped a bomb last night and caused all markets to sell off today. EUR/USD also plunged to 2019 lows.

I want to see if SSI warriors will put their money where their mouth is by buying the dips if they think the market will still go up indefinitely.

HSI -1.91%
N225 -2.01%
SSEC -4.04%
STI -1.05%

SSI warriors I satpork you to play NO STOP LOSS in stocks if you have conviction. Just don't be like me -US$33,000 unrealised loss in Forex. NO STOP LOSS. I am waiting for USD to flip south.

Now I am waiting ...
usually .. market needs confirmation .. 1st day and 2nd day .. is like signal only..
3rd day and 4th day then is confirmation.

This week ... my profit got shaved off $100kish. Now either retreat with $400kish profit or stick to the plan of letting the cut loss comes to me ... if not, i should ride the trend

 

[revhappy]

Now I am waiting ...
usually .. market needs confirmation .. 1st day and 2nd day .. is like signal only..
3rd day and 4th day then is confirmation.

This week ... my profit got shaved off $100kish. Now either retreat with $400kish profit or stick to the plan of letting the cut loss comes to me ... if not, i should ride the trend

You have already won the game, why are you still playing?

 

[Mecisteus]

Same goes for "Stories Writer Duke aka Murphy"...

Usually, I don't support you.

But this time you are right. I had this observation too.

Murphy last seen in this forum in July 2018.

Both write similar stories about the market.

 

[Mecisteus]

Can we go back to December -20% levels?

I hope I can throw everything inside this time.

 

[coolhead]

I just uvxy-ed myself today. Hope for the best.

Sent from HMD Global TA-1004 using GAGT

 

[revhappy]

Can we go back to December -20% levels?

I hope I can throw everything inside this time.

It will surely go, 100%, sometime in the next 2-3 years. We can have a small bet on this($100?) By, 2021 end, S&P500 will definitely go below 2000, atleast once.

 

[Mecisteus]

It will surely go, 100%, sometime in the next 2-3 years. We can have a small bet on this($100?) By, 2021 end, S&P500 will definitely go below 2000, atleast once.

Give me the level. I will review. Time frame by 2021.

I'm on with this bet

 

[revhappy]

Give me the level. I will review. Time frame by 2021.

I'm on with this bet

I dont know how low it will go, but it will hit 2000.

 

[havetheveryfun]

It will surely go, 100%, sometime in the next 2-3 years. We can have a small bet on this($100?) By, 2021 end, S&P500 will definitely go below 2000, atleast once.

thought go down 100% means 0 ?

 

[swordsly]

My portfolio has just hit the black and I started in Aug 2017. I guess I am the worst timer of the market.

I'm just going to leave this here.

 

[Mecisteus]

thought go down 100% means 0 ?

I think he meant he is 100% confident.

 

[Mecisteus]

I dont know how low it will go, but it will hit 2000.

Ok you are betting S&P below <2,000 by end 2021.

I take the opposite.

$100 is the bet.

Bookmark this post.

 

[revhappy]

I'm just going to leave this here.

Your answer to bad timing is to stay invested. I decided to stay out. Worst case I miss the upmove. If you stay invested, worst case markets crash and then you freak out and sell at a loss.

 

[focus1974]

You have already won the game, why are you still playing?

$400k and win what game??
you can't even buy a HDB resale with that money.

 

[Mr.Canberra]

S&P Big Sweep

It will surely go, 100%, sometime in the next 2-3 years. We can have a small bet on this($100?) By, 2021 end, S&P500 will definitely go below 2000, atleast once.

I dont know how low it will go, but it will hit 2000.

Ok you are betting S&P below <2,000 by end 2021.

I take the opposite.

$100 is the bet.

Bookmark this post.

Mr.Canberra bears witness to this bet ("futures contract").

Losing party transfers S$100 to winning party via Paynow. 3 years is a long time.

 

[Mr.Canberra]

$400k and win what game??
you can't even buy a HDB resale with that money.

Are you sure S$400K cannot buy a HDB resale flat? Or you stay in private property too long and lost touch with public housing market rate?

 

[Mecisteus]

Mr.Canberra bears witness to this bet ("futures contract").

Losing party transfers S$100 to winning party via Paynow. 3 years is a long time.

lol I just bet for the fun of it.

I don't usually bet in sports or SP Pools.

 

[Mecisteus]

$400k and win what game??
you can't even buy a HDB resale with that money.

Bro your networth is in tens or more of millions.

You are in a different league from us.

 

[peipei1]

2000 is 30% drop from 2800 high? It cannot go that bad just because of end of economic cycle recession bah? I can feel a 20% drop is more possible and then buyers will prop back up the index.
If the QE has been ongoing since GFC, i don't think what the EU and other countries are shaking the status quo, no reason why we get another great recession.

I sold a tiny 26 iwda 54, have been queuing for 53.50 around my average, may just as well take back some cash.
Tonight is US jobs report, if positive surprise, my iwda sales will look bad and the EU QE will be forgotten!