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Posted: 1/20/2021 6:51:57 AM EDT
....again on inauguration day.  The New York Stock exchange opens at 10AM and very shortly thereafter I intend to sell every share of stock I own as a vote of no confidence in the new regime.
Link Posted: 1/20/2021 6:58:16 AM EDT
[#1]
Quoted:
....again on inauguration day.  The New York Stock exchange opens at 10AM and very shortly thereafter I intend to sell every share of stock I own as a vote of no confidence in the new regime.
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Probably not a smart move if you like money.
Link Posted: 1/20/2021 7:02:01 AM EDT
[#2]
Quoted:
....again on inauguration day.  The New York Stock exchange opens at 10AM and very shortly thereafter I intend to sell every share of stock I own as a vote of no confidence in the new regime.
View Quote
You are definitely putting your money where your moulth is.
I have a great deal of respect for your actions sir.
Link Posted: 1/20/2021 7:02:21 AM EDT
[#3]
dont hurt yourself in protest that wont do anything.
Link Posted: 1/20/2021 7:08:41 AM EDT
[#4]
Just a matter of perspective:

If the market declines, it will be a genius move.

If the market climbs, it will not be a smart move.

If 5000 other folks decide to sell also, where will the bottom of the market be?  and who will notice?  Or care?

I have decided to cast this vote as a political move come what may.
Link Posted: 1/20/2021 7:32:09 AM EDT
[#5]
The market is in a tight spot. On the one hand, safe to assume Biden will spray money like a fire hose at them.

On the other, every chance they get they talk about wealth tax, capital gains tax, unrealized profit tax, tax, tax, tax

We're still in the pump, dump is pending legislation
Link Posted: 1/20/2021 7:34:47 AM EDT
[#6]
Link Posted: 1/20/2021 7:38:41 AM EDT
[#7]
That will be noticed by the total number of people that read this thread.
Link Posted: 1/20/2021 8:03:05 AM EDT
[#8]
I don’t think they care.
Link Posted: 1/20/2021 8:13:05 AM EDT
[#9]
One on hand you're looking at inflation , money printing, and tech stock booms on the other hand there is most likely a global recession coming, death to mfg, and higher taxes.

Being in cash is a mistake you need to readjust . I'm looking at defense stocks, shipping, tech and pms
Link Posted: 1/20/2021 8:14:46 AM EDT
[#10]
That's good. Making emotionally based decisions with financial assets will in no way backfire
Link Posted: 1/20/2021 8:15:34 AM EDT
[#11]
Go get ‘em OP
Link Posted: 1/20/2021 8:55:18 AM EDT
[#12]
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Quoted:
That'll show em
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Yup yup.
Link Posted: 1/20/2021 8:58:28 AM EDT
[#13]
Your 5 dollars of Hormell stock will be missed...
Link Posted: 1/20/2021 9:04:37 AM EDT
[#14]
Quoted:
....again on inauguration day.  The New York Stock exchange opens at 10AM and very shortly thereafter I intend to sell every share of stock I own as a vote of no confidence in the new regime.
View Quote

10am?  

Link Posted: 1/20/2021 9:35:06 AM EDT
[#15]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

10am?  

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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
....again on inauguration day.  The New York Stock exchange opens at 10AM and very shortly thereafter I intend to sell every share of stock I own as a vote of no confidence in the new regime.

10am?  



He must be between time zones. Like right between eastern and central.


Link Posted: 1/20/2021 3:30:38 PM EDT
[#16]
The market is cyclical, it goes up to OMG record high levels, then comes back down a bit and floats along kind of parallel for a good while, then at some point it crashes to OMG record lows, but people can't stay out. The show must go on they come back in.

IF it crashes  or really drops and I hope it doesn't I will look at it as a buying opp as I have in the past and buy things I think will come back.

Nothing is guaranteed, all I can do is try.
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