Spirit Stock
02-24-2020, 07:38 PM
#13
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Joined APC: Oct 2017
Posts: 3,007
Originally Posted by Super EZ E
Get ready to buy! Folks panic sell then its time to make money! I'm talking about the market as a whole.
02-24-2020, 08:20 PM
#14
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Joined APC: Sep 2014
Position: Da Bus, Left
Posts: 1,510
Originally Posted by Aero1900
Zig when the market Zags.
Be fearful when everyone is greedy. Be greedy when everyone is fearful. Buy the dip
Be fearful when everyone is greedy. Be greedy when everyone is fearful. Buy the dip
02-26-2020, 03:33 PM
#16
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Joined APC: Oct 2010
Posts: 4,603
So where’s the bottom? Five year low it looks like today. Obviously the market as a whole is in free fall and airlines especially so but with corona not really hitting the US or Latin America in a meaningful way right now I don’t see any reason for Spirit tanking. I want to throw some more money at it but just when I think it’s right it moves lower.
I don’t dare look at my 401k the last two days luckily my horizon is pretty far out, but my investment account has been a blood bath. I took a closer look at the handful of stocks I own and I liked them before the fall so I should like them more now but hesitate using more cash to buy more not knowing if we are due for more falling.
I don’t dare look at my 401k the last two days luckily my horizon is pretty far out, but my investment account has been a blood bath. I took a closer look at the handful of stocks I own and I liked them before the fall so I should like them more now but hesitate using more cash to buy more not knowing if we are due for more falling.
Last edited by Qotsaautopilot; 02-26-2020 at 03:53 PM.
02-26-2020, 04:19 PM
#17
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Joined APC: Dec 2019
Position: A320 For Your Health
Posts: 290
anybody's guess. Feels more like a long overdue correction than a recession, but we're one isolated outbreak from another 5 percent down day. It's pricing in the global economy now, i still dont think a wide spread US outbreak is priced in. Until one happens, i suppose it doesnt need to be priced in. When i look at industrials, i see anything staying above DOW 25k as a bull market correction. If she slips below 25k? Now we're flirting with 20% retraction. I hit strike and sold my AAL puts today. Holding my Save 32.50 puts but nearly sold them. My brain is telling me there is no good reason for people to reinvest in transports right now. Put window is gone. Volatility is nuts and i cant stand it. My goal is all cash before 4pm Friday, then wait.
02-26-2020, 04:53 PM
#18
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Joined APC: Oct 2019
Posts: 442
Originally Posted by DrSteveBrule
anybody's guess. Feels more like a long overdue correction than a recession, but we're one isolated outbreak from another 5 percent down day. It's pricing in the global economy now, i still dont think a wide spread US outbreak is priced in. Until one happens, i suppose it doesnt need to be priced in. When i look at industrials, i see anything staying above DOW 25k as a bull market correction. If she slips below 25k? Now we're flirting with 20% retraction. I hit strike and sold my AAL puts today. Holding my Save 32.50 puts but nearly sold them. My brain is telling me there is no good reason for people to reinvest in transports right now. Put window is gone. Volatility is nuts and i cant stand it. My goal is all cash before 4pm Friday, then wait.
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