AgMech Cowboy Posted July 12, 2022 Share Posted July 12, 2022 6 hours ago, RichardColeman said: Sat waiting for how the markets will react to sleepy Joe losing control of the US house and senate in November and being a lame duck and getting impeached with his prostitute loving, drug sniffing , gun totting, chinese money taking son So many things... I think his failure to uphold the immigration laws will get him the worse charge, but that's okay, after January 2023 Joe will step down and VP Harris will step up (or speaker Nancy) ???? (The two year term has been in the works from the beginning.) Link to comment Share on other sites More sharing options...
1FinickyOne Posted July 12, 2022 Share Posted July 12, 2022 5 minutes ago, Sparktrader said: Where is your forecasts? ok - I was in a casino and 2 ladies walked up to the craps table... their day tripper bus was leaving soon... one said to the other, just let me lose these chips then we can go... Would you guess they would surely lose the chips? I did and bet the opposite way until they lost everything - didn't take long. I've been short the Nasdaq... and inadvertently long US $$$ Link to comment Share on other sites More sharing options...
Sparktrader Posted July 12, 2022 Author Share Posted July 12, 2022 3 minutes ago, malathione said: For your edification: https://www.merriam-webster.com/dictionary/behind the curve Thats not useful at all. Where is the gold low? Where is the dow low? Link to comment Share on other sites More sharing options...
malathione Posted July 12, 2022 Share Posted July 12, 2022 6 minutes ago, Sparktrader said: Thats not useful at all. Where is the gold low? Where is the dow low? This is what you posted: "Aussie dollar getting belted Gold bearish Bitcoin struggling Dow bearish Next 3 months rocky ride" That is what I quoted in my reply vide you being behind the curve and the link to that phrase's definition. Obviously not to help you answer questions that you did not ask. 1 Link to comment Share on other sites More sharing options...
RichardColeman Posted July 12, 2022 Share Posted July 12, 2022 14 minutes ago, AgMech Cowboy said: So many things... I think his failure to uphold the immigration laws will get him the worse charge, but that's okay, after January 2023 Joe will step down and VP Harris will step up (or speaker Nancy) ???? (The two year term has been in the works from the beginning.) Be honest I fully expect him to be impeached at some point and then claim he is unfit to stand trial due to dementia Link to comment Share on other sites More sharing options...
Sparktrader Posted July 12, 2022 Author Share Posted July 12, 2022 Just now, malathione said: This is what you posted: "Aussie dollar getting belted Gold bearish Bitcoin struggling Dow bearish Next 3 months rocky ride" That is what I quoted in my reply vide you being behind the curve and the link to that phrase's definition. Obviously not to help you answer questions that you did not ask. Yes you posted useless info. The point of the topic is to discuss the future not 6 months ago. It was easy to see dow going down but many got gold wrong. Double top. Link to comment Share on other sites More sharing options...
Sparktrader Posted July 12, 2022 Author Share Posted July 12, 2022 Where is the dow low? 22 to 26k be my guess Gold 1400 to 1500 Link to comment Share on other sites More sharing options...
malathione Posted July 12, 2022 Share Posted July 12, 2022 Just now, Sparktrader said: Yes you posted useless info. The point of the topic is to discuss the future not 6 months ago. It was easy to see dow going down but many got gold wrong. Double top. And you mentioned that point where in your OP? 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted July 12, 2022 Author Share Posted July 12, 2022 17 minutes ago, malathione said: And you mentioned that point where in your OP? Why bother? Either you have some analysis or you dont. Link to comment Share on other sites More sharing options...
Hanaguma Posted July 12, 2022 Share Posted July 12, 2022 Ride it out is usually the best option. Things go back to normal over the 2-3 year term. The people that have trouble are the ones who are forced to cash in assets (shares etc) during a down market. I am not a brilliant stock guy, only have ETFs and the like. Two largest are for the TSX in Toronto and the S & P. Also have a few dividend bearing bond funds- Vanguard has some good ones. Otherwise, I am down to owning only one discrete stock- EXEL (Exelisis) is a mid size pharmaceutical company that specializes in cancer treatment. Done OK this year. Link to comment Share on other sites More sharing options...
jerrymahoney Posted July 12, 2022 Share Posted July 12, 2022 1 hour ago, Sparktrader said: Where is your forecasts? I don't have one. I pay someone to have one for me. 1 Link to comment Share on other sites More sharing options...
PETERTHEEATER Posted July 12, 2022 Share Posted July 12, 2022 8 hours ago, carlyai said: Son sounds like my kind of guy. ???? Biden's son is gay? 2 Link to comment Share on other sites More sharing options...
Sparktrader Posted July 12, 2022 Author Share Posted July 12, 2022 Link to comment Share on other sites More sharing options...
Sparktrader Posted July 12, 2022 Author Share Posted July 12, 2022 Link to comment Share on other sites More sharing options...
Hamus Yaigh Posted July 12, 2022 Share Posted July 12, 2022 2 hours ago, Sparktrader said: 2 hours ago, Sparktrader said: 9 hours ago, malathione said: If you just realized that, you're way behind the curve. What curve is that? 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted July 12, 2022 Author Share Posted July 12, 2022 12 minutes ago, Hamus Yaigh said: looks like im on top of the hill You are down the bottom lol Link to comment Share on other sites More sharing options...
Sparktrader Posted July 12, 2022 Author Share Posted July 12, 2022 1 hour ago, jerrymahoney said: I don't have one. I pay someone to have one for me. So you waste money on wrong opinions Link to comment Share on other sites More sharing options...
jerrymahoney Posted July 12, 2022 Share Posted July 12, 2022 1 hour ago, Sparktrader said: So you waste money on wrong opinions Sez U. Link to comment Share on other sites More sharing options...
Sparktrader Posted July 12, 2022 Author Share Posted July 12, 2022 1 minute ago, jerrymahoney said: Sez U. Says me. Ive met a lot of so called experts. Mostly wrong. Keep old broker reports. Check the numbers. They dont know. 1 Link to comment Share on other sites More sharing options...
carlyai Posted July 12, 2022 Share Posted July 12, 2022 2 hours ago, PETERTHEEATER said: Biden's son is gay? Who's on top? Link to comment Share on other sites More sharing options...
carlyai Posted July 12, 2022 Share Posted July 12, 2022 2 minutes ago, carlyai said: Who's on top? Whos on bottom. Link to comment Share on other sites More sharing options...
Sparktrader Posted July 12, 2022 Author Share Posted July 12, 2022 The Fed raises interest rates to control inflation, but it takes anywhere from nine months to two years for it to have an effect. https://www.marketplace.org/2022/04/12/why-taming-inflation-can-take-so-long/ Link to comment Share on other sites More sharing options...
jerrymahoney Posted July 12, 2022 Share Posted July 12, 2022 17 minutes ago, Sparktrader said: Says me. Ive met a lot of so called experts. Mostly wrong. Keep old broker reports. Check the numbers. They dont know. Sez U Take 2. Link to comment Share on other sites More sharing options...
Sparktrader Posted July 12, 2022 Author Share Posted July 12, 2022 3 minutes ago, jerrymahoney said: Sez U Take 2. Correct. Even Buffet is wrong 40% of the time. Link to comment Share on other sites More sharing options...
jerrymahoney Posted July 12, 2022 Share Posted July 12, 2022 4 minutes ago, Sparktrader said: Correct. Even Buffet is wrong 40% of the time. So he is right 60% of the time which is he is worth over US$100 billion. Link to comment Share on other sites More sharing options...
Sparktrader Posted July 12, 2022 Author Share Posted July 12, 2022 http://mastersinvest.com/battingaverage Link to comment Share on other sites More sharing options...
Sparktrader Posted July 12, 2022 Author Share Posted July 12, 2022 2 minutes ago, jerrymahoney said: So he is right 60% of the time which is he is worth over US$100 billion. Not the reason. Being right 60% wouldnt matter if it was Joe the rice farmer trading 5000 baht lots. Link to comment Share on other sites More sharing options...
jerrymahoney Posted July 12, 2022 Share Posted July 12, 2022 7 minutes ago, Sparktrader said: 10 minutes ago, jerrymahoney said: So he is right 60% of the time which is he is worth over US$100 billion. Not the reason. Oh. Link to comment Share on other sites More sharing options...
Sparktrader Posted July 12, 2022 Author Share Posted July 12, 2022 3 minutes ago, jerrymahoney said: Oh. https://au.finance.yahoo.com/news/stock-trader-wins-u-investing-165500656.html Link to comment Share on other sites More sharing options...
talahtnut Posted July 12, 2022 Share Posted July 12, 2022 14 hours ago, swissie said: Who would have ever thought that Mr. Putin would ever decide over the economical future of Europe (short to mid-term). The combination of no gas from Russia with a resurgence of COVID can induce a apocalyptical downward spiral in Europe come fall/winter. It's frightening. It's not what western politicians say, it's what "Vladimir" will do that will be the deciding factor. In such a situation, to be short the DAX would be a good place to be. Western powers sanctioned Russia to deliberately destroy Western economies. Putin is merely protecting Russian interests. Western legacy media is full of 'pork pies'. Destination 2030 I believe. 1 Link to comment Share on other sites More sharing options...
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