What Did You Buy Today?

[fenders53]

(04-16-2021, 07:46 PM)divmenow Wrote:

(04-16-2021, 06:15 PM)MikeWa Wrote:

(04-16-2021, 06:55 AM)fenders53 Wrote:

(04-16-2021, 06:42 AM)ken-do-nim Wrote: Is it possible the correction would take the form of a choppy market for a while, rather than a violent downswing?

Anything is possible.  The lack of anything like real choppiness is what causes me concern.  It indicates those currently invested are overly optimistic.  Stonks only go up.  That and the 100 tickers that went into ludicrous mode.  That was pure 1999.V2.  

My daughter texted me last night and asked me if I was putting Dogecoin in her new IRA.  Yeah, that kind of BS Is mainstream thought.  She didn't learn that from Dad. 

But if you did, you'd double or quadruple her money this week 

Its not even a real company. It's a spoof that all the redit's of the world bid up. OF course I would have loved to have gotten in. But this is beyond spec  

Lets not forget Snoop Dog had his hand in as well but sold after a 2 cent gain lol 

Anyway again this how crazy the market and social media has gotten. Between DODGE and GME its a joke.  Bitcoin will get punished too soon. Already down $1700 today lol. All that crypto crap wont last. Just watch the hit this sector takes in the coming months. Good old Cathie Woods and her 5 purchases today of COIN  . That Lady has lost her touch. That fad will disappear as well lol 

It's crazy to watch unfold.  She was absolutely fund manager of the past five years.  I'd be done investing had I thrown 100K at it in 2016.  Got no problem with her buying some COIN, but it is clearly her mission to defend positions in the short-term.  If it is hyped she will feed it daily.  That is NOT at all what she has been preaching for years.