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Tazzzzer72 : all gonna be luck on cpi

10baggerbamm OP Tazzzzer72 : right now the futures are indicated to lower across the board so we'll see pi save the Day I think rallies are going to be sold if you get a good CPI number and you get a reversal I don't think it's going to be sustained I think it'll be sold into I don't think people are going to want to hold risk going over the weekend additionally you're going to have a lot of margin calls I mean this Market is going to shock the hell out of people when they open up their brokerage statements accounts because all you hear in the news is Dallas hitting new highs but beneath the surface you got stocks down 20 30 40 50% in 2 weeks and in many instances there's no negative news with the company. people are going to open up their statements and think oh there must be an error because why the hell is my account down this much when all I hear is the market setting new highs. and the amount of margin calls are through the roof right now if you're leveraged it's sheer destruction that's taking place so you're going to have more liquidations and that's why I think if we do get a decent CPI number I don't see this Market reversing today I think you'll see the same type of thing you're going to have further liquidations and those stocks that are collapsing short sellers are going to pile on yet again

Tazzzzer72 : index is near all-time high yet I’ve lost so much these past couple weeks. It’s ridiculous. so I have to be optimistic that the rally will continue because otherwise my stocks just get fucked.

Tazzzzer72 10baggerbamm OP : it doesn’t make a lot of sense even the mag seven stocks are down quite a bit from highs yet people are still piling money into the index so I don’t know. my situation like most retail traders sucks right now because I kind of just have to take the pain and hold through the storm. It’s not fair that I’m gonna have to take another whammy just because the indexes are being a irrational.

10baggerbamm OP Tazzzzer72 : we're in the same boat and this boat started to go down from last year I mean from October to December it was definable because you had tax loss selling and that was understandable in various sectors but this is brutal I mean it is every day a loss and the sectors that are rallying are very few and the companies that are rallying really have no significant increase in revenue to validate the multiple expansion so the relative strength of the stocks that are trading higher are in the mid seventies right now I mean they're in an extreme overbought space and they're trading higher their significantly higher than their 50-day moving average but you have money keeps pouring into these companies and everything else is just getting butchered.

10baggerbamm OP Tazzzzer72 : so if you were stopped out two weeks ago you're fine but if you're in companies that have had good earnings you think rationally okay I've been through sell-offs before the market will come down a little bit the buyers will step up and we'll begin to rebuild
but that's not happening because the rallies are virtually non-existent and then the selling commences again.
solely mental anxiety is insane right now because your face with this logic okay the earnings are good the growth is good the company is on Pace but you have the stocks down 20 30 40% in a couple of weeks I should have stopped out and every day I can hit the cell button but I don't because logically my brain's telling me the business is firing on all cylinders and fundamentals ultimately win and buyers will come back but my screens telling me to get the fuck out because I'm getting killed every day and every day that I don't sell I'm making the wrong decision and it is very troubling because this doesn't make any sense to me what's happening and it is not a rotation that's the word that they want to drain and pound into our head but this is not a rotation you don't have a company like lemonade go down 39% inside of 2 weeks because of a rotation they're an insurance company for Christ's sake you don't have real estate companies collapse 20% in 2 days oh it's AI is going to take away their business model bullshit because you can make that case for everything every single company really it's very simple let's say this general motors is going to have ai agents you don't need any people for any phone work whatsoever any back office administrative work whatsoever and humanoids are going to build every car in a plant that sounds great right the profits are going to soar oh no the problem is everybody's out of a job and no one will have any money to buy a general motors car so let's crash the stock. this is the same type of mentality that is I call it the locust effect because it's eating every single company and spitting them out and the stocks are collapsing this is not a rotation it is mass destruction and in most instances most cases there's no change in fundamentals of these companies but they want you to be told in every station it's a rotation that's taking place so when the media is telling you something I will tell you this they're fucking lying they are lying to you because these stations are owned by corporations and these are the same fucking corporations that lied and told us about Biden being sharp as a tack. so that's why I'm very skeptical and I'm making the wrong decisions now because the right decision would have been to go to 100% cash and avoid this significant sell-off that's happening but yet logically you say if the earnings are good and the revenue is good and the company is on Pace you don't sell because ultimately fundamentals went out but now you're sitting on a stock that sound 30 or 40% or 50% in a month that sucks got a fucking double for it to get back where it was

Tazzzzer72 10baggerbamm OP : OK, yes this is what I am explaining to and now it’s the question of what do we do? Do we just hold and hope for the best because there’s not really much we can do it kind of just is what it is and until these indexes make a decision even more up or more down that’s kind of how it’s gonna go, but eventually institutions are going to gobble up all these shares. I could do every fucking time since history repeats so I don’t wanna be liquidity.

10baggerbamm OP Tazzzzer72 : so I'm down a couple million bucks quicker than I've ever lost money in my life and the right thing would be to sell everything but Murphy's law dictates that the minute I do you're going to get a reversal in these stocks and nothing stings more than selling at the bottom.
and that's my dilemma but yet everyday I watch this bloodshed this hurricane destroy industries and sectors and companies that I own like you and by the end of the day you're like fuck me I should have sold it at the beginning of the day I should have sold at the beginning of the week I mean I dropped a million this week it's not even fucking Friday yet.. so I'm struggling because it's one thing if you're in a company that misses earnings blows It wide Open and guides lower.
so I don't have an answer for you because when you reach that maximum level of pain and you sell that's typically where people look at a stock and say oh my god look how cheap this thing is I'm going to buy it and they make out and you lose and now for several sessions you've got to 10 15% reversal in that stock from what it fell and you realize how much money it would have put back into your account but you made nothing now because you're back into Cash
so I don't have an answer for you because I'm in the same boat as you and every day you wake up and you think well let's see what sector and what companies they're going to destroy today.
common sense and logic dictate that fundamentals went out the companies that are growing revenue growing margins win and I've been through a lot of sell-offs and some are the same and some are different this is entirely different and in many aspects this is much worse than what happened last April because last April we had the broader Market selling off every day you had this slow burn and every day you could exit but here it's different you have this rapid mass destruction this rapid devaluation of stocks where they're marked down 10 15 20 30 40 50% in rapid succession and you don't know where it's going to end
I use technicals all the time and they're not working here you say a stock's going to bounce here's a resistance it's bounce multiple times off of this level buyers will come in and it goes right through it and the algorithmic program starts selling the shit out of the stock so what do you do when fundamentals are not working and technicals are not working because that's the boat I'm in right now and I'm like lost at sea trying to figure out what the fuck is going on but I can guarantee you this this is not a rotation it's bullshit that is we're not in a fucking rotation that's what they're trying to tell you is happening but that's not what's going on