AFF Member Stock Discussion

Blind Freddy could see it coming though, thought it may not happen till later this week.

Sold most of mine beginning last week.

I think it could test the 6,000 barrier in the near future.
Just to clarify do you mean just falling below 7000 or do you literally mean a thousand point drop to 6000.
 
The market is a volatile creature so I would not be at all surprised to see us back at 6000 or even less.. ( I remember when that was good… )
I am along view investor and see the virus as an excuse for a decent correction.. after which it will (should) all come roaring back.
I will try to pick the bottom, assess value and maybe…. buy…..
 
Market volatility lets you buy things which you felt were out of reach. I started looking tonight and will watch the US market tonight for guidance.
 
I have bought and sold today.
Normally I am at work but I had a BCC cut out yesterday afternoon so I am watching some Blacklist recordings and some stock market stuff.
 
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I looked up CCL last week and then today. On SeekingAlpha the stock fell a bit under 10% in last nights trading. You would need to know the cancellation rates I think as they may be massive at the moment.
Maybe look up Costco Travel for a straight out cruise deal.
I have no interest in cruising but I do look up The World ship occasionally. The problem is if you pay $3 million US for a cabin you would own you can expect to pay a bit more than $300,000 US a year for your share of the cruising costs.
That would be a setback to acquiring a Gulfstream.....
 
Yes I sold into a share buy back yesterday so I did well with that one. Overnight that buy back may be at a much lower price this morning.
i don’t have a plan for the funds.
 
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The way I see it, markets will bounce back... one day. So it's not such a huge loss in the grand scheme of sitting and biding my time. However, the real question becomes, when we reach the bottom, what do we buy? This is likely to make some once unattractive stocks seem attractive again.

At first I was thinking RIO or WPL, but those sorts of industries seem to have a lot of pressure on them currently that is likely to only increase over time, regardless of what side of the climate fence you sit on. But the flip side of that is that I can't imagine by 2050 we will have stopped building things or eradicated all combustion engines, so there will still be a need for the products those companies sell. Still, in light of this, does anyone have any ideas for industries/stock that gives a good return and this downturn might swing into a potential to buy that wasn't there a few weeks ago?
 
Yes fortunately a couple of weeks back I liquidated several stocks to have 3 years spending in cash.Kept my medical stocks which are holding up reasonably well.
 

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