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Markets shake out

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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 $$$ 

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  • So illuminating..... What was the point of the post?

  • MadMuhammad
    MadMuhammad

    I started moving to a much higher than usual cash position in September/October ‘21 as I thought the writing was on the wall. Paid my house off, my only debt, and ensured I have at least 3 years livin

  • to start a conversation about trading or markets. maybe share ideas on different investment opportunities. talk about future prospects and/or good buys.   or you could post drivel like you d

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  • Author
3 minutes ago, malathione said:

Thats not useful at all. Where is the gold low? Where is the dow low?

 

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.

 

 

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 

  • Author
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.

 

 

  • Author

Where is the dow low? 22 to 26k be my guess

 

Gold 1400 to 1500

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?

  • Author
17 minutes ago, malathione said:

And you mentioned that point where in your OP?

Why bother? Either you have some analysis or you dont.

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. 

1 hour ago, Sparktrader said:

Where is your forecasts?

 

 

I don't have one. I pay someone to have one for me.

8 hours ago, carlyai said:

Son sounds like my kind of guy. ????

Biden's son is gay?

  • Author

Screenshot_20220712-172407_Chrome.jpg

  • Author

Screenshot_20220712-173310_Chrome.jpg

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?

1692718421_Screenshot2022-07-12151720.jpg.56187e6ae92c7e541b99fbfb3b6c1953.jpg

 

 

  • Author
12 minutes ago, Hamus Yaigh said:

1692718421_Screenshot2022-07-12151720.jpg.56187e6ae92c7e541b99fbfb3b6c1953.jpg

 

 

looks like im on top of the hill

You are down the bottom lol

  • Author
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

1 hour ago, Sparktrader said:

So you waste money on wrong opinions

Sez U.

  • Author
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.

 

 

2 hours ago, PETERTHEEATER said:

Biden's son is gay?

Who's on top?

2 minutes ago, carlyai said:

Who's on top?

Whos on bottom.

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.

 

  • Author
3 minutes ago, jerrymahoney said:

Sez U Take 2.

 

Correct. Even Buffet is wrong 40% of the time.

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.

  • Author
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.

 

 

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.

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.

  • Author
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7 minutes ago, talahtnut said:

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.

The west is detroying itself through bad policies.

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