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Link Posted: 9/25/2022 11:25:37 PM EDT
[#1]
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Quoted:
S&P gonna hit 3400 by end of week. Won't be surprised if we hit 2600 before we bottom. Stagflation will dominate the next few years. Could be many years before the market makes new highs.
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Yeah, read this great article. The market went sideways for 16 years between 1966 and 1982. Why? inflation and high interest rates.

https://finance.yahoo.com/news/how-to-survive-the-worst-bear-market-of-all-time-120034754.html
Link Posted: 9/25/2022 11:26:57 PM EDT
[#2]
Just wanted to drop this in.   Bond yields soared after the Fed enacted another rate hike of 75 basis points. The 2-year and 10-year Treasury rates hit highs not seen in over a decade. On Friday, Goldman Sachs slashed its year-end target for the S&P 500 to 3,600 from 4,300..      That’s a big revision down.  

Problem is, we’re already pretty close.


Spidey’s gonna get what he wants, and then some.
Link Posted: 9/25/2022 11:29:26 PM EDT
[#3]
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Quoted:
S&P gonna hit 3400 by end of week. Won’t be surprised if we hit 2600 before we bottom. Stagflation will dominate the next few years. Could be many years before the market makes new highs.
View Quote


Eh, there will be some bounce as investors start shifting stuff towards what needs to be invested in.

Now when that housing report comes out showing a decline in sales, then you will see blood in everything large cap from Home Depot, Lowes, mortgage companies, REITs, OpenDoor, Zillow, and anything associated in home real estate.
Link Posted: 9/26/2022 12:10:57 AM EDT
[#4]
Let the pain flow.

Getting closer to my 3400-2400 DCA range.

Attachment Attached File
Link Posted: 9/26/2022 6:18:58 PM EDT
[#5]
Lower please.  Panic sell. Flee to “safety”.

Yummy yummy. Yummy 401k finger fucks in my tummy. Yummy yummy.
Link Posted: 9/26/2022 6:51:10 PM EDT
[#6]
Buying from 4800 is getting finger fuked.


Bahahaha
Link Posted: 9/26/2022 7:15:22 PM EDT
[#7]
Quoted:
Where’s the doomers that it’s all crashing down as tech bull runs strong?

A drop of 1.5% the doomers flood about end of the world.
View Quote
Now down 13% since the OP.  Gartman says to go long.  

Attachment Attached File
Link Posted: 9/26/2022 7:17:29 PM EDT
[#8]
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Quoted:
Buying from 4800 is getting finger fuked.


Bahahaha
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My VIX OTM calls aren't looking too bad now.  I scaled in too early though.  
Link Posted: 9/26/2022 7:25:52 PM EDT
[#9]
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Quoted:
Buying from 4800 is getting finger fuked.


Bahahaha
View Quote


You don’t get it. And I don’t know how to explain it to you and others with a short term memory.

THE SHIT I BUY TODAY WONT BE SOLD FOR 20 YEARS.
Link Posted: 9/26/2022 7:28:31 PM EDT
[#10]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


You don’t get it. And I don’t know how to explain it to you and others with a short term memory.

THE SHIT I BUY TODAY WONT BE SOLD FOR 20 YEARS.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Buying from 4800 is getting finger fuked.


Bahahaha


You don’t get it. And I don’t know how to explain it to you and others with a short term memory.

THE SHIT I BUY TODAY WONT BE SOLD FOR 20 YEARS.



We get it.

But I'd rather pay less even if I am going to hold it twenty years.
Link Posted: 9/26/2022 7:32:08 PM EDT
[#11]
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Quoted:



We get it.

But I'd rather pay less even if I am going to hold it twenty years.
View Quote View All Quotes
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Quoted:
Quoted:
Quoted:
Buying from 4800 is getting finger fuked.


Bahahaha


You don’t get it. And I don’t know how to explain it to you and others with a short term memory.

THE SHIT I BUY TODAY WONT BE SOLD FOR 20 YEARS.



We get it.

But I'd rather pay less even if I am going to hold it twenty years.


Good luck on your timing as your cash gets eaten alive and you waffle on opportunity

So go short?  Why are you not shorting if you’re so confident?
Link Posted: 9/26/2022 7:47:35 PM EDT
[#12]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Good luck on your timing as your cash gets eaten alive and you waffle on opportunity

So go short?  Why are you not shorting if you’re so confident?
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:
Buying from 4800 is getting finger fuked.


Bahahaha


You don’t get it. And I don’t know how to explain it to you and others with a short term memory.

THE SHIT I BUY TODAY WONT BE SOLD FOR 20 YEARS.



We get it.

But I'd rather pay less even if I am going to hold it twenty years.


Good luck on your timing as your cash gets eaten alive and you waffle on opportunity

So go short?  Why are you not shorting if you’re so confident?

Keep fighting the Fed.  Pain is coming.
Link Posted: 9/26/2022 7:51:05 PM EDT
[#13]
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Quoted:

Keep fighting the Fed.  Pain is coming.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
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Buying from 4800 is getting finger fuked.


Bahahaha


You don’t get it. And I don’t know how to explain it to you and others with a short term memory.

THE SHIT I BUY TODAY WONT BE SOLD FOR 20 YEARS.



We get it.

But I'd rather pay less even if I am going to hold it twenty years.


Good luck on your timing as your cash gets eaten alive and you waffle on opportunity

So go short?  Why are you not shorting if you’re so confident?

Keep fighting the Fed.  Pain is coming.


Not for me. Opportunity is here.

Been though crashes. Opportunity. Let them panic sell.

Yummy yummy. Your stonks in my tummy.
Link Posted: 9/26/2022 7:51:14 PM EDT
[#14]
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Quoted:

Keep fighting the Fed.  Pain is coming.
View Quote

There has to be a point in which institutional investors like Buffet just think the drop is silly and picks every holding they can up immediately.

That said I would use pre-highs from 2020 as my investment yard stick.
Link Posted: 9/26/2022 7:53:38 PM EDT
[#15]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


You don’t get it. And I don’t know how to explain it to you and others with a short term memory.

THE SHIT I BUY TODAY WONT BE SOLD FOR 20 YEARS.
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Buying from 4800 is getting finger fuked.


Bahahaha


You don’t get it. And I don’t know how to explain it to you and others with a short term memory.

THE SHIT I BUY TODAY WONT BE SOLD FOR 20 YEARS.


Not everybody is 30 years old like you….20 years is looooong time. For all we know America may do away with the markets by then. Shits gotten weird x1000 in the last 10 years.
Link Posted: 9/26/2022 7:57:17 PM EDT
[#16]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Good luck on your timing as your cash gets eaten alive and you waffle on opportunity

So go short?  Why are you not shorting if you’re so confident?
View Quote


i did.  went to cash in november last year.  have been holding spy puts off and on all year.   I'm up significantly for the year and don't have to wait 20 years to say so.
Link Posted: 9/26/2022 8:01:35 PM EDT
[#17]
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Quoted:

There has to be a point in which institutional investors like Buffet just think the drop is silly and picks every holding they can up immediately.

That said I would use pre-highs from 2020 as my investment yard stick.
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Quoted:
Quoted:

Keep fighting the Fed.  Pain is coming.

There has to be a point in which institutional investors like Buffet just think the drop is silly and picks every holding they can up immediately.

That said I would use pre-highs from 2020 as my investment yard stick.

There isn't because the Fed controls the strings of the entire economy.  Debt has a cost and they are saying what it is.

Even late 2019 was struggling because of the Fed and interest rate issues.  I remember the repo market madness before COVID became a household discussion.
Link Posted: 9/26/2022 8:36:55 PM EDT
[#18]
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Quoted:


i did.  went to cash in november last year.  have been holding spy puts off and on all year.   I'm up significantly for the year and don't have to wait 20 years to say so.
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Quoted:
Quoted:


Good luck on your timing as your cash gets eaten alive and you waffle on opportunity

So go short?  Why are you not shorting if you’re so confident?


i did.  went to cash in november last year.  have been holding spy puts off and on all year.   I'm up significantly for the year and don't have to wait 20 years to say so.


I’ll give you 1 million to manage. But you have to repeat. You get 300 bps.

If you lose, I get my money back. Inflation adjusted.  1 yr. Deal?

That’s 30k I’ll give you. 1 year. But if you don’t. You get nothing and owe me 1 mill, inflation adjusted.

Deal?
Link Posted: 9/26/2022 8:45:36 PM EDT
[#19]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


I’ll give you 1 million to manage. But you have to repeat. You get 300 bps.

If you lose, I get my money back. Inflation adjusted.  1 yr. Deal?

That’s 30k I’ll give you. 1 year. But if you don’t. You get nothing and owe me 1 mill, inflation adjusted.

Deal?
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:


Good luck on your timing as your cash gets eaten alive and you waffle on opportunity

So go short?  Why are you not shorting if you’re so confident?


i did.  went to cash in november last year.  have been holding spy puts off and on all year.   I'm up significantly for the year and don't have to wait 20 years to say so.


I’ll give you 1 million to manage. But you have to repeat. You get 300 bps.

If you lose, I get my money back. Inflation adjusted.  1 yr. Deal?

That’s 30k I’ll give you. 1 year. But if you don’t. You get nothing and owe me 1 mill, inflation adjusted.

Deal?


That's some real bull shit talk Spider boy.
Link Posted: 9/26/2022 8:50:16 PM EDT
[#20]
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Quoted:


That's some real bull shit talk Spider boy.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:


Good luck on your timing as your cash gets eaten alive and you waffle on opportunity

So go short?  Why are you not shorting if you’re so confident?


i did.  went to cash in november last year.  have been holding spy puts off and on all year.   I'm up significantly for the year and don't have to wait 20 years to say so.


I’ll give you 1 million to manage. But you have to repeat. You get 300 bps.

If you lose, I get my money back. Inflation adjusted.  1 yr. Deal?

That’s 30k I’ll give you. 1 year. But if you don’t. You get nothing and owe me 1 mill, inflation adjusted.

Deal?


That's some real bull shit talk Spider boy.


Nope. He gets 300 bps if he wins. 1 yr.

It his timing and short he still gets rich plus the 300 bps. But if he loses…well I get my money back inflation adjusted.
Link Posted: 9/26/2022 8:50:58 PM EDT
[#21]
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Quoted:


That's some real bull shit talk Spider boy.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:


Good luck on your timing as your cash gets eaten alive and you waffle on opportunity

So go short?  Why are you not shorting if you’re so confident?


i did.  went to cash in november last year.  have been holding spy puts off and on all year.   I'm up significantly for the year and don't have to wait 20 years to say so.


I’ll give you 1 million to manage. But you have to repeat. You get 300 bps.

If you lose, I get my money back. Inflation adjusted.  1 yr. Deal?

That’s 30k I’ll give you. 1 year. But if you don’t. You get nothing and owe me 1 mill, inflation adjusted.

Deal?


That's some real bull shit talk Spider boy.


Anyone who would take that bet would probably just steal the $1M.
Link Posted: 9/26/2022 8:53:30 PM EDT
[#22]
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Quoted:


Anyone who would take that bet would probably just steal the $1M.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:
Quoted:


Good luck on your timing as your cash gets eaten alive and you waffle on opportunity

So go short?  Why are you not shorting if you’re so confident?


i did.  went to cash in november last year.  have been holding spy puts off and on all year.   I'm up significantly for the year and don't have to wait 20 years to say so.


I’ll give you 1 million to manage. But you have to repeat. You get 300 bps.

If you lose, I get my money back. Inflation adjusted.  1 yr. Deal?

That’s 30k I’ll give you. 1 year. But if you don’t. You get nothing and owe me 1 mill, inflation adjusted.

Deal?


That's some real bull shit talk Spider boy.


Anyone who would take that bet would probably just steal the $1M.


Well if guys are so great at timing what is your fund?
Link Posted: 9/26/2022 8:56:56 PM EDT
[#23]
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Quoted:


Well if guys are so great at timing what is your fund?
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:
Quoted:
Quoted:


Good luck on your timing as your cash gets eaten alive and you waffle on opportunity

So go short?  Why are you not shorting if you’re so confident?


i did.  went to cash in november last year.  have been holding spy puts off and on all year.   I'm up significantly for the year and don't have to wait 20 years to say so.


I’ll give you 1 million to manage. But you have to repeat. You get 300 bps.

If you lose, I get my money back. Inflation adjusted.  1 yr. Deal?

That’s 30k I’ll give you. 1 year. But if you don’t. You get nothing and owe me 1 mill, inflation adjusted.

Deal?


That's some real bull shit talk Spider boy.


Anyone who would take that bet would probably just steal the $1M.


Well if guys are so great at timing what is your fund?


His gain is capped at $30k and his loss is guaranteed to be at least $80k. Anyone who takes that deal is retarded or picking your pocket.
Link Posted: 9/26/2022 9:03:56 PM EDT
[#24]
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Quoted:


Nope. He gets 300 bps if he wins. 1 yr.

It his timing and short he still gets rich plus the 300 bps. But if he loses…well I get my money back inflation adjusted.
View Quote


Simply math says you're down at least twice the inflation rate this year.

So talk all you want about inflation eating cash, but you're the real loser.
Link Posted: 9/26/2022 9:07:11 PM EDT
[#25]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


I’ll give you 1 million to manage. But you have to repeat. You get 300 bps.

If you lose, I get my money back. Inflation adjusted.  1 yr. Deal?

That’s 30k I’ll give you. 1 year. But if you don’t. You get nothing and owe me 1 mill, inflation adjusted.

Deal?
View Quote


been trading my own account since i left the business at the end of the dotcom boom 23 years ago.   thanks for the offer, but that deal is regarded.  happy to share my trades though and you can track them with a paper trading account and report on it if you'd like.

current positions:  
8/30 Bought SPY Oct 21 2022 397.0 Put @ 12.73  (play account, 11th trade of year)
8/30 Bought SPY Oct 21 2022 400.0 Put @ 13.99  (IRA, 6th trade of year)

Link Posted: 9/26/2022 9:34:22 PM EDT
[#26]
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Quoted:


been trading my own account since i left the business at the end of the dotcom boom 23 years ago.   thanks for the offer, but that deal is regarded.  happy to share my trades though and you can track them with a paper trading account and report on it if you'd like.

current positions:  
8/30 Bought SPY Oct 21 2022 397.0 Put @ 12.73  (play account, 11th trade of year)
8/30 Bought SPY Oct 21 2022 400.0 Put @ 13.99  (IRA, 6th trade of year)

View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:


I’ll give you 1 million to manage. But you have to repeat. You get 300 bps.

If you lose, I get my money back. Inflation adjusted.  1 yr. Deal?

That’s 30k I’ll give you. 1 year. But if you don’t. You get nothing and owe me 1 mill, inflation adjusted.

Deal?


been trading my own account since i left the business at the end of the dotcom boom 23 years ago.   thanks for the offer, but that deal is regarded.  happy to share my trades though and you can track them with a paper trading account and report on it if you'd like.

current positions:  
8/30 Bought SPY Oct 21 2022 397.0 Put @ 12.73  (play account, 11th trade of year)
8/30 Bought SPY Oct 21 2022 400.0 Put @ 13.99  (IRA, 6th trade of year)



I hope you make tons of money.  Honestly.

All I know is long term retail guy. I’ll make money slowly. I like risk, but not so much to trade.
Link Posted: 9/26/2022 9:36:16 PM EDT
[#27]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Simply math says you're down at least twice the inflation rate this year.

So talk all you want about inflation eating cash, but you're the real loser.
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Quoted:
Quoted:


Nope. He gets 300 bps if he wins. 1 yr.

It his timing and short he still gets rich plus the 300 bps. But if he loses…well I get my money back inflation adjusted.


Simply math says you're down at least twice the inflation rate this year.

So talk all you want about inflation eating cash, but you're the real loser.


See you in 10 years.  I don’t lose shit till I sell.

Still buying.  Buy low.
Link Posted: 9/26/2022 9:47:55 PM EDT
[#28]
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Quoted:


See you in 10 years.  I don’t lose shit till I sell.

Still buying.  Buy low.
View Quote



Attachment Attached File
Link Posted: 9/26/2022 9:55:35 PM EDT
[#29]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Good luck on your timing as your cash gets eaten alive and you waffle on opportunity

So go short?  Why are you not shorting if you’re so confident?
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:
Buying from 4800 is getting finger fuked.


Bahahaha


You don’t get it. And I don’t know how to explain it to you and others with a short term memory.

THE SHIT I BUY TODAY WONT BE SOLD FOR 20 YEARS.



We get it.

But I'd rather pay less even if I am going to hold it twenty years.


Good luck on your timing as your cash gets eaten alive and you waffle on opportunity

So go short?  Why are you not shorting if you’re so confident?



Yes cash is eaten by inflation but you are losing to inflation even more by purchasing stocks at a higher price rather then getting more for your money.

Never claimed to be the expert, unfortunately I have tied up too much in stocks that are in the red. Little late now. What cash I have I am saving to buy cheaper.

I don't short. Way too dangerous. I guess you could buy puts. That would be safer then shorting and honestly I have been thinking about it.
Link Posted: 9/26/2022 10:00:38 PM EDT
[#30]
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Quoted:


See you in 10 years.  I don’t lose shit till I sell.

Still buying.  Buy low.
View Quote



but the converse is also true.  you haven't made any money til you sell.    and other than tax purposes, neither of those statements really imply what you seem to mean when you make it.

to wit, will the market be nominally higher 20 years from now than it is today?  almost certainly.  but HOW MUCH higher?    you're implying that the events between now and then don't matter, but they almost certainly do.

for example, if we hadn't had the financial crisis in 08, how much higher would the market be today?   S&P500 fell 48% over a 6 month period; let's call it 600 points.  today the S&P is 3640.   if we hadn't had the financial crisis in 08, do you think the market today would be 3640?   or 4240?  somewhere in between?  

The market is 21% lower today than it was when I went to cash in november at 4600.  maybe in 20 years, it will be at 10,000 and you'll say you're up and a 1000 point drop didn't matter.   but maybe without that drop, it would be at 11,000, which is a pretty significant gain.

i'm not suggesting people try to time daily or weekly trends.   i'm just saying when the fed says they're going to raise rates until inflation cools and you know the gov isn't going to stop spending, it doesn't take a rocket scientist to take some chips off the table.

i hope you make a lot of money too, but i think your advice is pretty risky.
Link Posted: 9/26/2022 10:34:39 PM EDT
[#31]
I just jumped in after years of learning from ya’ll.  Figured buying on a crash is the way to go and hold
Link Posted: 9/26/2022 10:36:00 PM EDT
[#32]
Até we still up 1.41% for the day? Run bull, run!!
Link Posted: 9/27/2022 2:15:38 AM EDT
[#33]
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See you in 10 years.  I don’t lose shit till I sell.

Still buying.  Buy low.
View Quote

Timing the market is generally a fools errand. However looking at the current situation I still think it’s a poor time to buy more. Waiting as it appears the bear run is just getting started, not finishing. I’m not managing millions of dollars. Just looking at it the way I see it.

I hope everyone here does well with their investments and retires comfortably when their time comes to do so.
Link Posted: 9/27/2022 7:15:12 AM EDT
[#34]
Stuff bought today could take a year or 2 turn a profit with the loss and stagnation.


All though historically the markets love a dem president and Republican congress.
Link Posted: 9/27/2022 8:03:44 AM EDT
[#35]
Looks like we could double bottom today.  I may have to sell my puts for a while
Link Posted: 9/27/2022 8:21:47 AM EDT
[#36]
3 days of crabbing sideways if it holds today.

I'm going to channel my inner Spidey and ask if this is bottom.
Link Posted: 9/27/2022 9:19:57 AM EDT
[#37]
I would expect at some point the market gets a oversold rally. But what makes anyone think it has bottomed?
Link Posted: 9/27/2022 9:25:15 AM EDT
[#38]
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I would expect at some point the market gets a oversold rally. But what makes anyone think it has bottomed?
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it's getting closer, but you have two head winds with large company stock, the dollar is going parabolic against other currencies making the profits coming from over seas lower in terms of USD, then it also makes the products more expensive from here to other places. So that's a head wind.

Then you have rising yields, which some people with transition from equities to bonds because they yield historical averages now.

But at some point, when you have companies that pay dividends get to the point where you can collect similar yields to a 10 year but it's an equity, money will start to move.

futures are up this morning, but who knows why. Shit ton of orders ready to go to cover shorts? algos triggers to buy? Georgo Soros called his broker to buy more stonks?
Link Posted: 9/27/2022 9:38:08 AM EDT
[#39]
Link Posted: 9/27/2022 9:41:45 AM EDT
[#40]
Recessions over. Back to bull markets
Link Posted: 9/27/2022 9:59:46 AM EDT
[#41]
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Quoted:
I would expect at some point the market gets a oversold rally. But what makes anyone think it has bottomed?
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Normalcy bias. The Fed will pivot any day now.
Link Posted: 9/27/2022 10:08:43 AM EDT
[#42]
While I sometimes chuckle at Spidey's bullishness at times, statistically he's absolutely right on buying and not waiting for a market crash. The longer you wait for a crash, the bigger the crash has to be to make up for missed growth and dividends.

Why Buying the Dip Is A Terrible Investment Strategy
Link Posted: 9/27/2022 10:12:26 AM EDT
[#43]
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Recessions over. Back to bull markets
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Or a dead cat bounce? Hard to say
Link Posted: 9/27/2022 10:14:52 AM EDT
[#44]
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Quoted:

Normalcy bias. The Fed will pivot any day now.
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I would expect at some point the market gets a oversold rally. But what makes anyone think it has bottomed?

Normalcy bias. The Fed will pivot any day now.


I don't think the fed has to pivot in order for stocks to become attractive.
Link Posted: 9/27/2022 10:22:28 AM EDT
[#45]
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Or a dead cat bounce? Hard to say
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I think we're heading lower, but no guarantees. Something hasn't broken yet and the VIX is around 30. No one is panicking yet.
Link Posted: 9/27/2022 10:22:57 AM EDT
[#46]
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Quoted:
I would expect at some point the market gets a oversold rally. But what makes anyone think it has bottomed?
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i definitely think we have a long way to go down.   but given the data today, fed blathering, and election manipulation it wouldn't surprise me if we went up next 2-3 weeks before next leg down.    i guess that's not really a double bottom, just a local bottom
Link Posted: 9/27/2022 10:38:59 AM EDT
[#47]
I'm with Spidey just not as vocal. Every 2 weeks, auto buy SPY.

Max out HSA with, you guessed it - SPY.

Max out post tax contributions up to my pain thresholds - you guessed it again. SPY.

I'll see this money again in about 15-20years.

Now in my play account, AAPL, TSLA, which the former was bought in 2004. The latter was bought in mid 2018. It's done extraordinarily well, but I'm under no illusions that was calculated luck....

I also bought an assload of major bank stocks in 2009. Those all did handsomely.

Time in market beats timing the market all the time.
Link Posted: 9/27/2022 10:39:16 AM EDT
[#48]
whoops. first double tap after 20 years on this site. whoooo!


Link Posted: 9/27/2022 10:42:08 AM EDT
[#49]
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Quoted:
whoops. first double tap after 20 years on this site. whoooo!


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You say that as if it's a bad thing.  My server can be slow and that's where many of my dbl taps come from.
Link Posted: 9/27/2022 11:10:28 AM EDT
[#50]
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Quoted:
I would expect at some point the market gets a oversold rally. But what makes anyone think it has bottomed?
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Sow the wind, Reap the whirlwind: An Inflation Update (September 23, 2022)


I still think he's a couple 100bps off give or take. It's more in depth analysis than you have provided your entire time here.
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