Markets taking a hit today !

Discussion in 'Bullion Investing' started by mpcusa, Nov 26, 2021.

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Just to look at my CNBC app and everything is well off there highs
    the only Bright spot is Gold which
    is surprising the only thing that is
    up, BTC Dow over 4,000 down to
    54k which is way down from the 62K
    just a week in a half ago my next buy
    in will be 47K.
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  3. FryDaddyJr

    FryDaddyJr Junior Member

    good time to buy stocks. How's NVDA?
    crazyd and serafino like this.
  4. tommyc03

    tommyc03 Senior Member

    Stupidity has been around since the dawn of man. We will likely never move forward. (Nothing to do with your posts, just a fact.)
  5. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    Several posts have been removed for COVID-related or political content. Please bear in mind that both are banned topics here.
    serafino likes this.
  6. FryDaddyJr

    FryDaddyJr Junior Member

  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    That for sure speaks volumes, the pressure on the market right now is
    out of site, especially tech.
  8. serafino

    serafino Well-Known Member

    Stock market always overreacts to bad news. Some day traders take advantage of these temporary dips by buying
    FryDaddyJr likes this.
  9. ToughCOINS

    ToughCOINS Dealer Member Moderator

    What happened to your intended buy at $55,000?
    Mr Roots and -jeffB like this.
  10. fretboard

    fretboard Defender of Old Coinage!

    Yes, definitely a downer for stocks and crypto! Funny thing is we can't talk about the reason why but I'm sure everyone knows about the African elephant in the room! :D
    tommyc03 and Pickin and Grinin like this.
  11. Jeffjay

    Jeffjay Well-Known Member

    What goes up must come down
  12. -jeffB

    -jeffB Greshams LEO Supporter


    fretboard and Jeffjay like this.
  13. serafino

    serafino Well-Known Member

    Obviously, it always turns into a food fight. And I've been guilty myself. ;)
    fretboard likes this.
  14. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    took out some more foam, have couple OZ, S of gold coming in this this week
    since it changes so fast you have to adjust on the fly :)

    BTC up slightly just now looking for some lows, more bad news should
    make for an excellent buy in opportunity :)
  15. Mr Roots

    Mr Roots Underneath The Bridge

    LOL....moving goal post.....that exact opposite of what you have been preaching.
    Stonedywankanobe and -jeffB like this.
  16. WLH22

    WLH22 Well-Known Member

    I don't often make the right call but I moved out of Bitcoin at $66000. Nice to see a 20% drop since then.
    slackaction1 likes this.
  17. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Glad to see you didn't make a very wrong call. I'm pretty sure that, before all is sad and done, many will.
    WLH22 likes this.
  18. GoldFinger1969

    GoldFinger1969 Supporter! Supporter

    It's not politics, it's the Fed finally acknowledging that inflation is NOT "transitory" and hinting tapering and rate hikes might be accelerated.

    Ironically, the new Covid-19 variant might help the markets by slowing a tighter Fed.

    I'm at 40% cash with plenty of things on Santa's Buy List. :D
  19. tommyc03

    tommyc03 Senior Member

    Kind of taking a chance aren't you considering the warning?
    fretboard likes this.
  20. baseball21

    baseball21 Well-Known Member

    Not really. As far as anyone can tell you can say the word or mention it, you just cant get into anything about it or how it should be handled. It's honestly impossible to have any market discussion without at least mentioning it, but if it becomes like voldemort where you cant even say the name market discussions should just be banned too
    tommyc03 and GoldFinger1969 like this.
  21. -jeffB

    -jeffB Greshams LEO Supporter

    Elephants certainly are.

    Donkeys too.
    GoldFinger1969 likes this.
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