/biz/ - Business & Finance

>still comfy
>still "SAVED" $$$ :^)
>still "fucking retarded lmao"
>still autistic
Considering grabbing some NIO today.. but might just wait til Tuesday to ensure no black swan events..

Reposting so lemming /smg/ bears do not miss out:
>all cash poster here
>bears, you need to wake up
>33.1% growth
>33.1% growth
>33.1% growth
You were too late to react to sell your portfolios at the correct, opportune time (last week)
Instead of having spare cash to buy cheapies, you panicked over this past week, and thought we were going into a bear market.
You sold the bottom.
Now you are just parroting bearish sentiment that became prevalent over the past 10 days, without looking at the current data.
>the bear market is over
>I am exiting my cash position today or tomorrow
>I am going back into all the stocks of my portfolio
Do not just stick your head in the sand going “lalalala I can’t hear the market roaring”
Look at historical charts. Look at what happens to the markets on election years. Look at what happened in 1992 incumbent loss.
https://www.usatoday.com/story/money/2020/10/29/gdp-u-s-economy-grew-33-1-annualized-q-3-businesses-reopened/6064109002/
Don’t get left behind.
If you want to be 110% sure, wait for Amazon’s earnings today before going in. There is just no chance that Amazon didn’t get a fat piece of the 33.1% pie
Is it possible we see a pullback Friday & Monday?
Yes, but I doubt it.
>33.1%
[just in case you’re brain dead, normal growth is 3.12% - so 10x normal!! Wake up bears!!]
You need to differentiate ‘what should be’ and ‘what is’

>all cash poster here
>bears, you need to wake up
>33.1% growth
>33.1% growth
>33.1% growth
You were too late to react to sell your portfolios at the correct, opportune time (last week)
Instead of having spare cash to buy cheapies, you panicked over this past week, and thought we were going into a bear market.
You sold the bottom.
Now you are just parroting bearish sentiment that became prevalent over the past 10 days, without looking at the current data.
>the bear market is over
>I am exiting my cash position today or tomorrow
>I am going back into all the stocks of my portfolio
Do not just stick your head in the sand going “lalalala I can’t hear the market roaring”
Look at historical charts. Look at what happens to the markets on election years. Look at what happened in 1992 incumbent loss.
https://www.usatoday.com/story/money/2020/10/29/gdp-u-s-economy-grew-33-1-annualized-q-3-businesses-reopened/6064109002/
Don’t get left behind.
If you want to be 110% sure, wait for Amazon’s earnings today before going in. There is just no chance that Amazon didn’t get a fat piece of the 33.1% pie
Is it possible we see a pullback Friday & Monday?
Yes, but I doubt it.
>33.1%
[just in case you’re brain dead, normal growth is 3.12% - so 10x normal!! Wake up bears!!]
You need to differentiate ‘what should be’ and ‘what is’

>still sitting *extremely* comfy
>still in cash
>still autistic
>still a "fucking idiot lmao"

>still extremely comfy
>still waiting to get back in with cheapies
>still autistic

>still comfy

>still comfy
>still making /smg/ rage for being in cash
>NO ANON HOW DARE YOU BE IN CASH!!!111

>>23522397

>6%

>Hello, just stopping by to brag like a douchebag
I sold everything Tuesday afternoon on the false rally, going all cash
I was mocked collectively by /smg/ for doing so
If I had stayed in my positions, I would now be down ~5% on my portfolio as a whole
If I had gone into a inverse ETF, I would just now be breaking even
>Tuesday 1:00: SPDN @$20.16 — current price $20.16
As I explained then, I’m expecting a lot of volatility, where even an inverse position will not work out nice & smooth
Good luck to the rest of you - I am looking forward to waiting for the bottom, to then get back in my positions, buying them all for cheap

>well, well, well
currently, saved ~5% of my portfolio by going all cash :^)