{ "media_type": "text", "post_content": "Who else panic sold everything today? Planning. On buying back in at SPY 190", "post_id": "6287f28517f83c002bf237bf", "reply_count": 38, "vote_count": 8, "bowl_id": "59064a3cb12379001006592c", "bowl_name": "Personal Investment Chatter", "feed_type": "bowl" }

Who else panic sold everything today? Planning. On buying back in at SPY 190

funnylike
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Finally, the bottom signal I was looking for. Will go all in Monday, thanks!

likefunny

As soon as Cramer capitulates is when I leverage myself to the tits and go all in on QQQ

I’m always amazed that “buy high, sell low” becomes so many people’s investment strategy when the market goes south. The first rule of investing is don’t panic.

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MVP1 - thanks for this. I have been buying VTI every week. I wish I had more cash to buy

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I did that March 2020 and that was the day the market bottomed. Put it back in 4 days later and told myself never again.

likeupliftingsmarthelpful

Also if SPY hits 190 you likely won’t have a job.

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I did not

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Great idea I don’t think you’ll lose anything tomorrow!

likefunny

Exactly

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I bought more Vgt and schb

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This be me.

I know you may find this annoying but it's honestly hilarious that you sold and the market rebounded since.

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likefunny

😂 there’s always a way to go lower.

Thank you for your sacrifice. Solid scalp trade today after your bottom signal.

Let me know when you buy back in!

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funny

Added to long positions, added to puts too

SPY at 190? You would have to wait for years if that ever happens. All the best sitting on cash.

That would be a spectacle indeed! I’ll put in a bid at 123.45 too :)

Added some today. Continuing to dca a large cash holding

How much in taxable gains did you generate?

You won’t get to harvest those tax losses /carry forward if you immediately repurchase the exact same thing FYI

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Whoever says SpY 190 would have paper-handed for sure.

Market is now like 6%+ above where you sold. Ouch.

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You okay?

You were right 😂

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