Everyone ready for today's stock market anal annihilation?
What the fuck is even happening?
>>1024843
Buy low bitches
>>1024857
China done f'd up again
>>1024843
I am new to stocks. I have some index funds. Should I list them all for sale now and buy them back later this afternoon?
>>1024859
>implying faggot.
Sold all my shares this morning and put it all into Bitcoin.
>>1024870
nothing like starting out the day at (1.65%)
>>1024868
Yes please. Idiots panic selling cause lower price opportunities for people who are buying for the long run.
>>1024873
Yeah but if I sell now and buy before everyone buys back in I make money.
>>1024878
No you dont.
>>1024878
what you're saying is you should short
So Shanghai fell like 5.5-7% in a day again.
Since last time nobody had a clue. Does anyone know why this is happening exactly?
you'd think china melting down would drop oil prices
so what should i buy for this happening?
VWO any good?
Moved to cash on Dec 30.
Now just a matter of deciding when to buy back in
>>1024892
shit beginning to hit fan in middle east with Iran, Saudi Arabia, Bahrain
>>1024872
Not too shabby
>>1024891
anytime the government blinks the market shits itself. the reason they blinked is probably minor and irrelevant.
>>1024898
U can't time the market tho! So just put all that money back in right now!!!
Yeah It's looking rough out there.
I'm still on the simulator but one of my option puts has come right into the green by quite a long way. Quite interested to see what I get if I sell it right now.
TSLA (8%)
AMD (8%)
NFLS (6.7%)
CSCO (4.5%)
FB (4%)
AAPL at it's 52 week low if you exclude that one day in August it dropped to low/mid 90's
Pop in ETP (I dumped it at 34.86, will buy back in under 32, which will probably be tomorrow)
>>1024952
I almost pulled the trigger on AMD short last week too :(...
>>1024952
TSLA is a shit stock anyway anyone stupid enough to buy them would probably buy beachfront property in Arizona.
>>1024954
AMD is heavily in debt, only a retard would buy their stock right now. They went through a slight rally and everyone was all "OMG BUY AMD" They still haven't posted any gains or returns. They're going belly-up we're just waiting for the crows to feed on their carcass.
>>1024972
agree with both points, but still massive swings
>[AMD] went through a slight rally
Slight? +50% from 11/18 to EOY. I knew it was way overvalued but wasn't confident the ridiculous upswing was over
>>1024984
When I say slight, I mean slight. Yes it had 50 percent, but if you look at AMD it's a borderline penny stock. No, wait it is a penny stock. Anything could set off a rally or a dump when you have a stock priced below 4 dollars a share.
>>1024900
sand nigs going ooga booga to spike price of oil. Its all a song and dance, nothing is going to happen. Just an opportunity to make a lot of noise and scare people so the oil they overproduce is worth a bit more.
>>1024903
Blinks? The commies shut down the stock market.
>>1024946
Here's what I was talking about. Pic related
So I'm still trying to learn what the fuck I'm doing and I'm not sure what just happened here.
I sold this put option in the investopedia sim just now and it did seem to give me the 13 or $1400 dollars it looks like here. But I thought the option would only give me the amount quoted when I bought it.
So I bought it, as a put option, predicting the price would fall but I thought it would only give the the amount that I was quoted. But the movement just now obviously went a whole lot further and yet it does seem to have given me the full amount.
Is that right or is this sim a bit out of whack? I mean I'm pretty sure it's just me not understanding what the fuck is going on but it does seem to have some pretty crazy figures written all over it and it's confusing the fuck out of me.
>>1025124
You are paper trading. Nobody gives a fuck about you or your post. I didn't even read it but please just fuck off. You are toxic.
>traded air for economy
>economy went to shit
>no air left
top kek china
>>1025134
Just trying to learn fampai
Pretty sure no one gives a shit about anything you've ever said or done either.
>>1025134
>toxic
Nice reddit buzzword my friend
I am pretty sure the next few weeks will be vital if you want to get into energy stocks that have hit rock bottom.
>low oil prices background noise
>saudia arabia's shenanigans and ISIL
>China bubble bursting
>end of a long bull market
My body is prepared.
/r/ing September 2015
>>1024872
started day at -1.65%
ended day at +0.98%
>thumbsup.gif
>>1024884
Doesn't shorting work with borrowed stocks that are sold immediately and then rebought when the stock falls?
>>1024972
Fuck you dude, Arizona Bay is coming. Bill Hicks wills it!
there is really no place for money. you will see dollar and dow rise coming years to insane highs
>>1024873
*Long run* lol
