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#1
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"The market is good so cards must be good"
"The market is bad so cards must be bad" These are both awful assumptions to make. |
#2
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Kudos to Leon on the timing of your sale...it is a great time to be flush with cash to invest in the market!!!!
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#3
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but I was never very good in math...
ps, the blind squirrel theory is also a good one.....
__________________
Leon Luckey www.luckeycards.com Last edited by Leon; 08-24-2015 at 10:02 AM. |
#4
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If I were tied up in stocks you'd catch me in the center of town. But I am a free man so I do as I please.
Last edited by packs; 08-24-2015 at 09:02 AM. |
#5
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It's funny, if you had cash on the sidelines at 9:30am, and had your eye on a few stocks, you could've made a decent buck by lunchtime.
Example, Apple is worth $115 last week, $92 at 9:30 am, $108 now. Don't panic sell. Buy on FEAR!!!! Just my two cents. Tony |
#6
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Most people just hang on and things go back to normal.....now only down around 1 Percent for the day .....back to buying cards!!
Quote:
__________________
Leon Luckey www.luckeycards.com |
#7
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After literally waiting for two years for a correction, I sunk a pretty substantial amount into the market the week before the free fall. It happens and it's long term money and while it will sting a little for the next few months, it's not going to change my life. I may subconsciously not pull the trigger on a four figure opportunity buy but the stuff I;m working on is the stuff I;m working on.
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#8
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![]() Quote:
__________________
Successful transactions with: Chesboro41, jimivintage, Bocabirdman, marcdelpercio, Jollyelm, Smanzari, asoriano, pclpads, joem36, nolemmings, t206blogcom, Northviewcats, Xplainer, Kickstand19, GrayGhost, btcarfango, Brian Van Horn, USMC09, G36, scotgreb, tere1071, kurri17, wrm, David James, tjenkins, SteveWhite, OhioCard Collector, sysks22, ejstel. Marty |
#9
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I'm still heavy into Pogs for the long term. Day trading Beanie Babies!
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#10
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![]() Quote:
Exactly .............. Do Not Panic ![]() ![]() ![]() OH, I only wish I bought Apple when it first came out. Like my sister, she just liked the logo ![]() ![]() ![]() I'm down about 15%, so just my 1.7 cents worth of advice. ![]() Scott |
#11
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__________________
Check out my aging Sell/Trade Album on my Profile page HOF Type Collector + Philly A's, E/M/W cards, M101-6, Exhibits, Postcards, 30's Premiums & HOF Photos "Assembling an unfocused collection for nearly 50 years." |
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