Reply
Go Back   TexasBowhunter.com Community Discussion Forums > Topics > Around the Campfire
 
Thread Tools Display Modes
Old 02-25-2021, 01:41 PM   #1001
gingib
Pope & Young
 
Join Date: Aug 2014
Location: Central Tx
Hunt In: NTX
Default

Kicking myself for not selling TESLA when it got near $900 a share. I am in it for the longhaul, but am getting more worried

I still think EV is here to stay, WITH THIS REGIME IN OFFICE
gingib is offline   Reply With Quote Back To The Top
Old 02-25-2021, 02:02 PM   #1002
bbqfan5909
Ten Point
 
bbqfan5909's Avatar
 
Join Date: Jun 2012
Default

Well, tomorrow the stimulus program gets voted on. Can go really good or really bad for markets.
bbqfan5909 is offline   Reply With Quote Back To The Top
Old 02-25-2021, 02:05 PM   #1003
TwoHighways
Eight Point
 
Join Date: Aug 2019
Default

already priced in. buy the rumor, sell the news
TwoHighways is offline   Reply With Quote Back To The Top
Old 02-25-2021, 02:15 PM   #1004
jshouse
Pope & Young
 
jshouse's Avatar
 
Join Date: Jul 2012
Location: Rockwall
Hunt In: NE Texas
Default

Quote:
Originally Posted by bbqfan5909 View Post
Well, tomorrow the stimulus program gets voted on. Can go really good or really bad for markets.
well i was kind of hoping there was nowhere to go from here but up
jshouse is offline   Reply With Quote Back To The Top
Old 02-25-2021, 02:29 PM   #1005
rtp
Pope & Young
 
rtp's Avatar
 
Join Date: Aug 2010
Location: Fulshear, Texas
Hunt In: open range
Default

Quote:
Originally Posted by jshouse View Post
well i was kind of hoping there was nowhere to go from here but up
Oh contrer my friend.
rtp is offline   Reply With Quote Back To The Top
Old 02-25-2021, 02:37 PM   #1006
TwoHighways
Eight Point
 
Join Date: Aug 2019
Default

bought PSQ to hedge my long positions. if the Fed steps in, that position will take it hit, but the rest of my portfolio should take off which will more than offset PSQ losses. would rather just short the NASDAQ index, but don't have an options account.

Last edited by TwoHighways; 02-25-2021 at 02:45 PM.
TwoHighways is offline   Reply With Quote Back To The Top
Old 02-25-2021, 02:47 PM   #1007
jshouse
Pope & Young
 
jshouse's Avatar
 
Join Date: Jul 2012
Location: Rockwall
Hunt In: NE Texas
Default

Quote:
Originally Posted by rtp View Post
Oh contrer my friend.


Quote:
Originally Posted by TwoHighways View Post
bought PSQ to hedge my long positions. if the Fed steps in, that position will take it hit, but the rest of my portfolio should take off which will more than offset PSQ losses. would rather just short the NASDAQ index, but don't have an options account.
are you thinking they may step in tomorrow? or next week? next month?
jshouse is offline   Reply With Quote Back To The Top
Old 02-25-2021, 02:51 PM   #1008
TwoHighways
Eight Point
 
Join Date: Aug 2019
Default

Quote:
Originally Posted by jshouse View Post




are you thinking they may step in tomorrow? or next week? next month?
I don't have a crystal ball. I think they could potentially let the market pullback 20% (or more) before stepping in.
TwoHighways is offline   Reply With Quote Back To The Top
Old 02-25-2021, 03:27 PM   #1009
gingib
Pope & Young
 
Join Date: Aug 2014
Location: Central Tx
Hunt In: NTX
Default

Quote:
Originally Posted by jshouse View Post
well i was kind of hoping there was nowhere to go from here but up
Nowhere to go but up? That was all last year 2020 starting in March
gingib is offline   Reply With Quote Back To The Top
Old 02-25-2021, 03:32 PM   #1010
Charles
Pope & Young
 
Join Date: Oct 2006
Default

Quote:
Originally Posted by gingib View Post
Nowhere to go but up? That was all last year 2020 starting in March
I'm hoping for another March correction like last year. Than it will be a buying spree.
Charles is offline   Reply With Quote Back To The Top
Old 02-25-2021, 03:38 PM   #1011
gingib
Pope & Young
 
Join Date: Aug 2014
Location: Central Tx
Hunt In: NTX
Default

Quote:
Originally Posted by Charles View Post
I'm hoping for another March correction like last year. Than it will be a buying spree.
I don't see that coming yet. At least with Oil and Gas for sure
gingib is offline   Reply With Quote Back To The Top
Old 02-25-2021, 06:27 PM   #1012
mission_shooter
Four Point
 
mission_shooter's Avatar
 
Join Date: Jan 2015
Location: Guy, Texas
Hunt In: Brazoria County
Default

Bought WKHS today at 15.60 and went to 18.87. Starting to think I should have just taken my 20% today and got out.


Sent from my iPhone using Tapatalk
mission_shooter is offline   Reply With Quote Back To The Top
Old 02-25-2021, 06:31 PM   #1013
BigL
Pope & Young
 
BigL's Avatar
 
Join Date: Oct 2006
Location: Round Rock
Hunt In: San Saba
Default

Quote:
Originally Posted by Charles View Post
I'm hoping for another March correction like last year. Than it will be a buying spree.
I've been taking profit on a few positions recently. Got cash ready for any correction.
BigL is offline   Reply With Quote Back To The Top
Old 02-25-2021, 06:54 PM   #1014
Kevin
Pope & Young
 
Kevin's Avatar
 
Join Date: Oct 2006
Location: Fort Worth
Hunt In: Fannin and Argentina, Zambia, Kyrgyzstan
Default

Quote:
Originally Posted by Charles View Post
I'm hoping for another March correction like last year. Than it will be a buying spree.
That wasnít a market correction.
Kevin is offline   Reply With Quote Back To The Top
Old 02-25-2021, 07:23 PM   #1015
TeamAmerica
Ten Point
 
TeamAmerica's Avatar
 
Join Date: Oct 2016
Location: Dallas
Hunt In: Corsicana (Navarro County)
Default

Coinbase anyone?
TeamAmerica is offline   Reply With Quote Back To The Top
Old 02-26-2021, 07:07 AM   #1016
Milkfisher
Eight Point
 
Join Date: Mar 2011
Default

Quote:
Originally Posted by mission_shooter View Post
Bought WKHS today at 15.60 and went to 18.87. Starting to think I should have just taken my 20% today and got out.


Sent from my iPhone using Tapatalk
Iím in on workhorse for the long haul.
Milkfisher is offline   Reply With Quote Back To The Top
Old 02-26-2021, 08:03 AM   #1017
gingib
Pope & Young
 
Join Date: Aug 2014
Location: Central Tx
Hunt In: NTX
Default

Quote:
Originally Posted by Charles View Post
I'm hoping for another March correction like last year. Than it will be a buying spree.
Correction?

Afraid that's not a good term
gingib is offline   Reply With Quote Back To The Top
Old 02-26-2021, 08:05 AM   #1018
Charles
Pope & Young
 
Join Date: Oct 2006
Default

Quote:
Originally Posted by gingib View Post
Correction?

Afraid that's not a good term
Blood bath?
Charles is offline   Reply With Quote Back To The Top
Old 02-26-2021, 09:32 AM   #1019
jshouse
Pope & Young
 
jshouse's Avatar
 
Join Date: Jul 2012
Location: Rockwall
Hunt In: NE Texas
Default

Quote:
Originally Posted by rtp View Post
Oh contrer my friend.
welp
jshouse is offline   Reply With Quote Back To The Top
Old 02-26-2021, 10:56 AM   #1020
Ivanite
Ten Point
 
Ivanite's Avatar
 
Join Date: Feb 2013
Location: Fort Worth, Texas
Hunt In: Stephens County, Sea Drift, Argentina, Africa
Default

I'm going to pick up some PTON.
Ivanite is offline   Reply With Quote Back To The Top
Old 02-26-2021, 10:20 PM   #1021
Etxbuckman
Pope & Young
 
Join Date: Aug 2011
Location: Spring
Default

I’m starting to think now might be a good time to wait and see if this market starts correcting itself/going down. Just seems like it will be difficult to sustain the tear it had been on.
Etxbuckman is offline   Reply With Quote Back To The Top
Old 02-26-2021, 11:15 PM   #1022
Burnadell
Pope & Young
 
Burnadell's Avatar
 
Join Date: Oct 2006
Location: White Oak
Hunt In: Bee County
Default

Quote:
Originally Posted by Charles View Post
I'm hoping for another March correction like last year. Than it will be a buying spree.
Quote:
Originally Posted by Kevin View Post
That wasnít a market correction.
Quote:
Originally Posted by gingib View Post
Correction?

Afraid that's not a good term
What was it if not a correction?
Burnadell is offline   Reply With Quote Back To The Top
Old 02-26-2021, 11:25 PM   #1023
Huntindad
Pope & Young
 
Huntindad's Avatar
 
Join Date: Oct 2006
Location: Leander / Liberty Hill
Hunt In: Kerr county & TP&W
Default

bloodbath
Huntindad is offline   Reply With Quote Back To The Top
Old 02-27-2021, 03:52 AM   #1024
Killer
Ten Point
 
Killer's Avatar
 
Join Date: Sep 2013
Location: Powderly, TX
Hunt In: God's green earth
Default

Are we headed for another? I just can’t see it keep going up? It has always cycled up and down every few years. The dip last March seemed out of the ordinary since it was triggered by the covid scare and all the uncertainty that brought but when you look at all the other dips there always seems to be a trigger that sets them off.

It is amazing to me the SM came back up so quickly after the covid crash this last March. I thought it would take a lot longer to climb out of that hole and heck it just blew right past it and kept going!
I personally have put quite a bit of my investments in cash over the last couple of months. I am trying to decide what I will do next at my age I need a little less risk and protect my savings as much as grow it.
Killer is offline   Reply With Quote Back To The Top
Old 03-02-2021, 02:03 PM   #1025
jshouse
Pope & Young
 
jshouse's Avatar
 
Join Date: Jul 2012
Location: Rockwall
Hunt In: NE Texas
Default

I jumped on rkt today. hopefully it gets real stupid after hours.
jshouse is offline   Reply With Quote Back To The Top
Old 03-02-2021, 02:29 PM   #1026
Charles
Pope & Young
 
Join Date: Oct 2006
Default

Quote:
Originally Posted by Killer View Post
Are we headed for another? I just canít see it keep going up? It has always cycled up and down every few years. The dip last March seemed out of the ordinary since it was triggered by the covid scare and all the uncertainty that brought but when you look at all the other dips there always seems to be a trigger that sets them off.

It is amazing to me the SM came back up so quickly after the covid crash this last March. I thought it would take a lot longer to climb out of that hole and heck it just blew right past it and kept going!
I personally have put quite a bit of my investments in cash over the last couple of months. I am trying to decide what I will do next at my age I need a little less risk and protect my savings as much as grow it.
I've been taking profits too in preparations for another correction. Once the correction hits, I'll go on a shopping spree.
Charles is offline   Reply With Quote Back To The Top
Old 03-02-2021, 02:33 PM   #1027
TwoHighways
Eight Point
 
Join Date: Aug 2019
Default

As I stated in the penny stock thread, the thing to watch will be the next set of treasury auctions. March 9th 3 year, March 10th 10 year, March 11th 30 year. Who would buy a 10 year or 30 year bond at current yields the way our government spends?
TwoHighways is offline   Reply With Quote Back To The Top
Old 03-02-2021, 03:09 PM   #1028
gingib
Pope & Young
 
Join Date: Aug 2014
Location: Central Tx
Hunt In: NTX
Default

Quote:
Originally Posted by Charles View Post
I've been taking profits too in preparations for another correction. Once the correction hits, I'll go on a shopping spree.
I may do this also soon. I am up 100-200% on alot of my portfolio over 365 days.

BUT I will not do this on OIL. Oil with this administration is here to keep going up.
gingib is offline   Reply With Quote Back To The Top
Old 03-02-2021, 03:24 PM   #1029
Charles
Pope & Young
 
Join Date: Oct 2006
Default

Quote:
Originally Posted by gingib View Post
I may do this also soon. I am up 100-200% on alot of my portfolio over 365 days.

BUT I will not do this on OIL. Oil with this administration is here to keep going up.
I have done well with CVX and DVN. I have taken profits. When another correction happens I will be able to buy more then I originally had.
Charles is offline   Reply With Quote Back To The Top
Old 03-03-2021, 10:18 AM   #1030
Etxbuckman
Pope & Young
 
Join Date: Aug 2011
Location: Spring
Default

Well with a small amount of cash burning a hole in my account pocket I went ahead and picked up 50 shares of THCX.
Etxbuckman is offline   Reply With Quote Back To The Top
Old 03-03-2021, 12:12 PM   #1031
gingib
Pope & Young
 
Join Date: Aug 2014
Location: Central Tx
Hunt In: NTX
Default

Quote:
Originally Posted by Charles View Post
I have done well with CVX and DVN. I have taken profits. When another correction happens I will be able to buy more then I originally had.
I am still going to stay in it! Long term thoughts.

I may sell a few that I think are near their cap based on previous performance or who have soared and soared and who I feel may be near the top. And take my profits and reinvest into stuff with more room to grow and explode

Timing the market is a lose lose situation. Time in the market, beats timing of the market
gingib is offline   Reply With Quote Back To The Top
Old 03-03-2021, 03:03 PM   #1032
Ivanite
Ten Point
 
Ivanite's Avatar
 
Join Date: Feb 2013
Location: Fort Worth, Texas
Hunt In: Stephens County, Sea Drift, Argentina, Africa
Default

All the talk about CCIV. Is it going to come back?
Ivanite is offline   Reply With Quote Back To The Top
Old 03-03-2021, 03:15 PM   #1033
bbqfan5909
Ten Point
 
bbqfan5909's Avatar
 
Join Date: Jun 2012
Default

Just pulled out myself with some profit. From the looks of it, this is headed to the teens. Kicking myself not pulling out with 200%, but profit is profit.

Quote:
Originally Posted by Ivanite View Post
All the talk about CCIV. Is it going to come back?
bbqfan5909 is offline   Reply With Quote Back To The Top
Old 03-03-2021, 03:36 PM   #1034
hooligan
Pope & Young
 
hooligan's Avatar
 
Join Date: Dec 2009
Location: Coppell
Hunt In: Sterling Co.
Default

Quote:
Originally Posted by Ivanite View Post
All the talk about CCIV. Is it going to come back?
Was very happy where I go out. I'll get back in when it hits the teens, should be good long term but it was way over valued with all the hype imo
hooligan is online now   Reply With Quote Back To The Top
Old 03-03-2021, 03:39 PM   #1035
Rex
Ten Point
 
Rex's Avatar
 
Join Date: Nov 2006
Location: Manvel
Hunt In: Coleman
Default

Anyone still holding WKHS?
Rex is offline   Reply With Quote Back To The Top
Old 03-03-2021, 04:03 PM   #1036
texan4ut
Ten Point
 
texan4ut's Avatar
 
Join Date: Jul 2014
Location: Round Rock, TX
Hunt In: Where I can, Terrell County
Default

Quote:
Originally Posted by Rex View Post
Anyone still holding WKHS?
I sold and made a good profit. Been waiting on iy to come back down. It was 13.25 and I almost bought again, however I was thinking it might go lower. 15.03 today. It may take off again.
texan4ut is offline   Reply With Quote Back To The Top
Old 03-03-2021, 04:11 PM   #1037
Rex
Ten Point
 
Rex's Avatar
 
Join Date: Nov 2006
Location: Manvel
Hunt In: Coleman
Default

Quote:
Originally Posted by texan4ut View Post
I sold and made a good profit. Been waiting on iy to come back down. It was 13.25 and I almost bought again, however I was thinking it might go lower. 15.03 today. It may take off again.
I was in at $12 and was riding high! Got back from a little vacation and little did I know!! Dangit!! Hoping for a rebound.
Rex is offline   Reply With Quote Back To The Top
Old 03-03-2021, 04:33 PM   #1038
Charles
Pope & Young
 
Join Date: Oct 2006
Default

Quote:
Originally Posted by Rex View Post
Anyone still holding WKHS?
Since they lost the contract with USPS, they are going to retool and build trucks that roll through hoods selling ice cream.
Charles is offline   Reply With Quote Back To The Top
Old 03-03-2021, 07:30 PM   #1039
TeamAmerica
Ten Point
 
TeamAmerica's Avatar
 
Join Date: Oct 2016
Location: Dallas
Hunt In: Corsicana (Navarro County)
Default

Quote:
Originally Posted by TwoHighways View Post
As I stated in the penny stock thread, the thing to watch will be the next set of treasury auctions. March 9th 3 year, March 10th 10 year, March 11th 30 year. Who would buy a 10 year or 30 year bond at current yields the way our government spends?
The Japanese will buy it. Trust me.
TeamAmerica is offline   Reply With Quote Back To The Top
Old 03-04-2021, 09:39 AM   #1040
mission_shooter
Four Point
 
mission_shooter's Avatar
 
Join Date: Jan 2015
Location: Guy, Texas
Hunt In: Brazoria County
Default

Quote:
Originally Posted by Rex View Post
Anyone still holding WKHS?

I am but itís not looking too hot


Sent from my iPhone using Tapatalk
mission_shooter is offline   Reply With Quote Back To The Top
Old 03-04-2021, 09:56 AM   #1041
gingib
Pope & Young
 
Join Date: Aug 2014
Location: Central Tx
Hunt In: NTX
Default

Oil and gas still going.

Prolly a good time to buy weed, tech and EV as its been down big! I am looking to see what OG stock to sell. I may take what what I have in it, so I don't pay on that and invest in EV and tech as its down big time

Curious on CCIV and WORKHORSE
gingib is offline   Reply With Quote Back To The Top
Old 03-04-2021, 09:58 AM   #1042
TwoHighways
Eight Point
 
Join Date: Aug 2019
Default

I wouldn’t buy anything speculative until the fed announces yield curve control (companies that are reliant on future growth instead of earnings today). And even then, commodities will likely outperform weed and EV over the next couple of years. Buy the rumor, sell the news. Rising bond yields/interest rates will crush growth stocks and there’s way too much risk of that happening with treasury auctions just a few days away. The severity of the market drop in response terrible bond auctions will likely dictate the speed at which the Fed jumps in to prop up the overinflated stock market. Buying now is like buying the Dow at 14k before the financial crisis of 2008.

Sell your losers and raise cash. Better to lose 20% than 50% of your investment. A gain of 25% is needed to offset a loss of 20%. A gain of 100% is needed to offset a loss of 50%.

Last edited by TwoHighways; 03-04-2021 at 10:21 AM.
TwoHighways is offline   Reply With Quote Back To The Top
Old 03-04-2021, 10:29 AM   #1043
gingib
Pope & Young
 
Join Date: Aug 2014
Location: Central Tx
Hunt In: NTX
Default

Quote:
Originally Posted by TwoHighways View Post
I wouldnít buy anything speculative until the fed announces yield curve control (companies that are reliant on future growth instead of earnings today). And even then, commodities will likely outperform weed and EV over the next couple of years. Buy the rumor, sell the news. Rising bond yields/interest rates will crush growth stocks and thereís way too much risk of that happening with treasury auctions just a few days away. The severity of the market drop in response terrible bond auctions will likely dictate the speed at which the Fed jumps in to prop up the overinflated stock market. Buying now is like buying the Dow at 14k before the financial crisis of 2008.

Sell your losers and raise cash. Better to lose 20% than 50% of your investment. A gain of 25% is needed to offset a loss of 20%. A gain of 100% is needed to offset a loss of 50%.
So are you saying sell EV and tech if we are down?

Not sure I agree with that as I don't see how much more it can drop
gingib is offline   Reply With Quote Back To The Top
Old 03-04-2021, 10:35 AM   #1044
TwoHighways
Eight Point
 
Join Date: Aug 2019
Default

Lol kinda like how people thought housing prices can never go down.
TwoHighways is offline   Reply With Quote Back To The Top
Old 03-04-2021, 11:28 AM   #1045
TeamAmerica
Ten Point
 
TeamAmerica's Avatar
 
Join Date: Oct 2016
Location: Dallas
Hunt In: Corsicana (Navarro County)
Default

i bought into ARKK and ARKQ today. Down 20 to 25% since Jan 1. They have several ETFs with upside. https://ark-funds.com/ 20%+ returns since inception in 2015.

Tesla is still #1 in several of their funds but it is diversified.
TeamAmerica is offline   Reply With Quote Back To The Top
Old 03-04-2021, 11:30 AM   #1046
TwoHighways
Eight Point
 
Join Date: Aug 2019
Default

LMAO, bond and stock market haven’t liked what central planner Powell had to say. Bond market is going to call his bluff on low and only transitory inflation expectations. It’s already here and just hasn’t been reflected in official government numbers.
TwoHighways is offline   Reply With Quote Back To The Top
Old 03-04-2021, 11:35 AM   #1047
gingib
Pope & Young
 
Join Date: Aug 2014
Location: Central Tx
Hunt In: NTX
Default

Quote:
Originally Posted by TwoHighways View Post
Lol kinda like how people thought housing prices can never go down.
When did they go down?
gingib is offline   Reply With Quote Back To The Top
Old 03-04-2021, 11:37 AM   #1048
bbqfan5909
Ten Point
 
bbqfan5909's Avatar
 
Join Date: Jun 2012
Default

2007-2008, housing market crashed hard. I was young and dumb, bought a home then and made out well.

Quote:
Originally Posted by gingib View Post
When did they go down?
bbqfan5909 is offline   Reply With Quote Back To The Top
Old 03-04-2021, 11:40 AM   #1049
gingib
Pope & Young
 
Join Date: Aug 2014
Location: Central Tx
Hunt In: NTX
Default

Quote:
Originally Posted by TeamAmerica View Post
i bought into ARKK and ARKQ today. Down 20 to 25% since Jan 1. They have several ETFs with upside. https://ark-funds.com/ 20%+ returns since inception in 2015.

Tesla is still #1 in several of their funds but it is diversified.
YEP. Same here. I didn't buy very much but I am down big.

Just like TESLA, I am holding on long term
gingib is offline   Reply With Quote Back To The Top
Old 03-04-2021, 11:44 AM   #1050
TwoHighways
Eight Point
 
Join Date: Aug 2019
Default

Well, someone has gotta buy the shares being short sold.
TwoHighways is offline   Reply With Quote Back To The Top
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 07:26 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2021, vBulletin Solutions Inc.
Copyright 1999-2012, TexasBowhunter.com