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Joined: Oct 2010
Posts: 7,712 Likes: 7
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2010
Posts: 7,712 Likes: 7 |
Yes, but there is good money to be made if you are actually willing to work. That is certainly true, but I wouldn't mind having the Trump market back to put a little exclamation point on that fact.
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Joined: Jan 2001
Posts: 29,882 Likes: 6
Campfire Ranger
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Campfire Ranger
Joined: Jan 2001
Posts: 29,882 Likes: 6 |
Don't see us climbing out until after this midterm election. Would like to see a lot of incumbents tossed out.
Last edited by 1minute; 05/13/22.
1Minute
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Joined: Aug 2009
Posts: 9,920 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2009
Posts: 9,920 Likes: 1 |
You holding faith in another election ish promising, me not so much
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Joined: Feb 2013
Posts: 21,801 Likes: 8
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,801 Likes: 8 |
HARD COMMODITIES... PHYSICALLY HELD.
Please... Please... Get the memo.
*2019... "Please... Please... people stockpile primers and powder... and bullets"
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Oct 2021
Posts: 10,802 Likes: 2
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2021
Posts: 10,802 Likes: 2 |
You holding faith in another election ish promising, me not so much Lots of risks out there. But I recall Alan Greenspan saying at one of his many hearings, “Stability, in and of itself creates instability “. I guess stability must be a risk also. Alan had some doozies.
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Joined: Dec 2006
Posts: 4,115
Campfire Tracker
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Campfire Tracker
Joined: Dec 2006
Posts: 4,115 |
I think we are close to the bottom. Its going to turn around before too long. Its all in the numbers. Look at the earning and the PE ratio of stocks. Stick with stocks that are not going anywhere. Tech stocks have been hammered to the tune of 30%. There is upside there. Might have to ride out a little more dip, but I think it is time to consider buying in, if you were out. I am putting more in right now, considered this a good buying opportunity. Chevron and Devon Energy have been treating me well. I hope to be able to ride the Nasdaq index ETF back up.
If anyone is really sure the market is going to keep going down, they make leveraged ETF's that perform opposite of the DOW, NASDAQ and the S&P among others. They can return 1x, 2x or 3x, in the opposite direction that the index goes.... It would be a good way to go if you think the market is going to continue down.
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Joined: Feb 2013
Posts: 21,801 Likes: 8
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,801 Likes: 8 |
You holding faith in another election ish promising, me not so much Lots of risks out there. But I recall Alan Greenspan saying at one of his many hearings, “Stability, in and of itself creates instability “. I guess stability must be a risk also. Alan had some doozies. Greenspan was a moron... My wife's 14 year old cat pukes up better chit than he ever said.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Oct 2010
Posts: 7,712 Likes: 7
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2010
Posts: 7,712 Likes: 7 |
Alan Greenspan saying at one of his many hearings, “Stability, in and of itself creates instability “. Oy vey!
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Joined: Feb 2006
Posts: 43,901 Likes: 11
Campfire 'Bwana
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Campfire 'Bwana
Joined: Feb 2006
Posts: 43,901 Likes: 11 |
HARD COMMODITIES... PHYSICALLY HELD. Which is we haven't sold any more old crop wheat! (small numbers so not a big deal) But you start to feel a little greedy when it keeps going up.
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Joined: Oct 2021
Posts: 10,802 Likes: 2
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2021
Posts: 10,802 Likes: 2 |
^^^^ I’ve yet to hear of anyone shorting the markets.
Lots of talk about it dropping further but still no talk of shorting this “known direction “ of the markets.
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Joined: Oct 2021
Posts: 10,802 Likes: 2
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2021
Posts: 10,802 Likes: 2 |
You holding faith in another election ish promising, me not so much Lots of risks out there. But I recall Alan Greenspan saying at one of his many hearings, “Stability, in and of itself creates instability “. I guess stability must be a risk also. Alan had some doozies. Greenspan was a moron... My wife's 14 year old cat pukes up better chit than he ever said. Disagree.
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Joined: Feb 2013
Posts: 21,801 Likes: 8
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,801 Likes: 8 |
HARD COMMODITIES... PHYSICALLY HELD. Which is we haven't sold any more old crop wheat! (small numbers so not a big deal) But you start to feel a little greedy when it keeps going up. Your diesel bill will settle that guilty feeling... Rest assured of that.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Feb 2006
Posts: 43,901 Likes: 11
Campfire 'Bwana
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Campfire 'Bwana
Joined: Feb 2006
Posts: 43,901 Likes: 11 |
Every bill is up!
$6 road diesel here, first time for that.
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Joined: Feb 2013
Posts: 21,801 Likes: 8
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,801 Likes: 8 |
^^^^ I’ve yet to hear of anyone shorting the markets.
Lots of talk about it dropping further but still no talk of shorting this “known direction “ of the markets. Really? Hindenburg Research et al
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Oct 2010
Posts: 7,712 Likes: 7
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2010
Posts: 7,712 Likes: 7 |
I’ve yet to hear of anyone shorting the markets. YTD my biggest holdings are SQQQ, TBT, and TTT. I don't have a solid enough view of any particular stock to go all out, but the short ETFs have done pretty well so far.
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Joined: Oct 2021
Posts: 10,802 Likes: 2
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2021
Posts: 10,802 Likes: 2 |
^^^^ I’ve yet to hear of anyone shorting the markets.
Lots of talk about it dropping further but still no talk of shorting this “known direction “ of the markets. Really? Hindenburg Research et al I was speaking of here at The Campfire, Cash. Sorry I wasn’t clear on that. ETA: Have you shorted the stock markets ?
Last edited by Houston_2; 05/13/22.
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Joined: Oct 2021
Posts: 10,802 Likes: 2
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2021
Posts: 10,802 Likes: 2 |
I’ve yet to hear of anyone shorting the markets. YTD my biggest holdings are SQQQ, TBT, and TTT. I don't have a solid enough view of any particular stock to go all out, but the short ETFs have done pretty well so far. That’s one in a row here at The Campfire. You did well, Stickfight.
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Joined: Aug 2010
Posts: 28,131 Likes: 2
Campfire Ranger
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Campfire Ranger
Joined: Aug 2010
Posts: 28,131 Likes: 2 |
^^^^ I’ve yet to hear of anyone shorting the markets.
Lots of talk about it dropping further but still no talk of shorting this “known direction “ of the markets. Really? Hindenburg Research et al I was speaking of here at The Campfire, Cash. Sorry I wasn’t clear on that. So you grew up eating the lead paint off the walls. Then you immediately began eating a diet of Crayolas. That about sum it up?
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Joined: Nov 2002
Posts: 33,727 Likes: 2
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,727 Likes: 2 |
Ed, would you feel the same if you were approaching 70? But maybe still not needing to withdraw at this time. I'm 60 and am in a position that I really do not need my 401K, which is pretty healthy. I'm currently in tax mode reduction for my three sons when one of us is the last to drop dead.
Conduct is the best proof of character.
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Joined: Feb 2009
Posts: 11,920
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2009
Posts: 11,920 |
Lost 20,000 the first quarter and can't wait to see how much is gone this one.
We are riding it out because there are still chances to make some back.
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