OP
Stock Market (13 Viewers)
- Thread starter AFL_ITALIA
- Start date
They have massive problems with inflation, obviously. But now they can say HEY, look over there! - pointing to the Russia stuff, so as it gets worse they can blame everything on them, which is what Biden and Psaki are already doing as well. If banks in Europe start failing or MBS' start tanking, they would be less inclined to raise rates, plus they might think commodities will go higher regardless of what they do cuz war. Very disastrous and horrible times ahead eventually.
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Just think of the US as Russia and you'll realize our stock market is closed until forever.
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The VIX is only up 11% today, I want to see that thing go to 50% again, that's when the real fun begins.
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I wish I had access to the US stock market 
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The VIX is only up 11% today, I want to see that thing go to 50% again, that's when the real fun begins.
If you're into price action eventually falling back to trend... Take a look at that trendline off the March 2008 lows boys and girls. 
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I'm seeing a lot of -6%, -8%, -10% stawks on my watchlist. VIX above 30 is usually a bad sign, plus /ES is below daily support and dropping fast after hours. Unless there is some after hours save tonight, this looks like shit.
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I'm seeing a lot of -6%, -8%, -10% stawks on my watchlist. VIX above 30 is usually a bad sign, plus /ES is below daily support and dropping fast after hours. Unless there is some after hours save tonight, this looks like shit.
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Timing the bottom is an exercise in futility. One is never ill-advised to DCA into 3 red monthly candles, if history is anything to go by.
If all markets dumped 98% today then social media would be full of schizos telling you another 99% dump would occur tomorrow. Greed goes both ways.
Will it stop dumping? Probably not for a while. Is it reasonable to use all the doom and gloom as indicator to slowly DCA into the market? Definitely yes
If all markets dumped 98% today then social media would be full of schizos telling you another 99% dump would occur tomorrow. Greed goes both ways.
Will it stop dumping? Probably not for a while. Is it reasonable to use all the doom and gloom as indicator to slowly DCA into the market? Definitely yes
I'm still watching PLTR here. January 2023 $20 calls for 89 cents doesn't seem like a bad risk/reward for a leap. Decent amount of volume on these with a delta of 0.27. It just needs to break this downtrend since the Fall and we should be in business. Not much else in terms of stawks I'm really liking right now, and chances are this one doesn't go to zero, so...
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I'm hoping we go for the gap once and for all. And if so, I'll be in.
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I'm hoping we go for the gap once and for all. And if so, I'll be in.
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OP
I'm not realistically expecting to time the exact bottom tbh, but at least somewhat close on the upswing should lower my cost basis for most things pretty significantly. I think during the COVID drop I bought in mid-April or so? I was satisfied with that. I have about 60% in cash right now so I'll probably do both anyway 
