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Guys, what if I don't say what the money is for. I just go to a bank, and say I want to get a line of credit just in case I want some side money in the future to do certain things, remodel the house, repair cars, take a nice (and deserved!) vacation, etc. etc. I am willing to personally...

This was the best call for sure, bar none.

Dunno, Microsoft has been a banger for decades (a few years off here and there lol). But, a banger for sure.

The problem is in my IB account I'm now up to like 144% invested. Only so much more I can do LOL. But if I borrow from a bank for every $100 I borrow I can invest $200 more (using the broker's margin).

HAHAHAHA!!! Trust me, I wouldn't actually spend the loaned amount until it was like a no-lose situation. Like when the VIX was 80. Look back in history when the VIX hit 80 and you will see that the market always rebounds at least a good bit shortly after that and never looks back. I wouldn't...

Thanks maxinger! But don't futures have some "drag" built into them? Like they decay over time or something? Something weird that I don't fully understand. OK, I don't understand even a little bit LOL.

A credit card cash advance actually sounds good ET180. I assume they don't care what the heck the money is for. Problem is finding one with a low enough rate to really make it worth it. I need to do some digging. No some give you a super low interest for signing up with their card, for a...

I still got some buying power, but if we go down much further I won't be able to put any more money in stonks. And the lower I go, the more I want to buy! Anyone know whether a bank will loan you money if you tell them straight up you want to buy stonks with it? I'm not talking about...

Yep, you were 100% right, good call. Guy is a class A a-hole!!!

40s. I lost almost everything in the dot com crash. Lucky for me everything was like $13,000 at the time haha.

Good GOD. Now I am outright terrified. :(:(:(

I think we are like 32% down from the top on the Naz now. Got me curious, how far can it go down? How far was it off its high in the 200 .com bubble burst? After today's action, I ain't going to lie, I'm scared (again)...

Oh damn, I see the article now! https://finance.yahoo.com/news/jpmorgan-p-500-could-surge-183000058.html

Thanks Overnight! So destriero is saying JPM was saying there could be a 10% upside if Fed did 50 basis points. But alas, they did 75 basis points, and the rest is history. :(

Damn, that is nice! How did you know to get out so fast before the slaughter that came so shortly thereafter? That was some FAST action, market (Naz at least) went from way down, to way up so fast, went up and down for a few minutes, then cratered. Glad you got in and out in time!!!

destriero, very interesting - sounds like JPM might think this is a good buying opportunity? What is a "beep"? Thanks!!!

Now its worse! This market is unraveling!!! Down she goes!!!!

It already did if you are a bear. Temporarily at least. :)

Suntrader wrote this about today in another thread: "Drop, spike up, slammed down." So far he is the closest!!!!

Annnnnd here is the death and destruction..... DAMN.