Home Forums Hunting & Shooting Hunter's Campfire Stock Market Again

$5.89 here

So you sold for the loss?

I bought some stock tO hedge a big 401 downturn. Hope it works out

Joey will fix this...

He will borrow against the TSPs of Government Workers... to save Social Security... which was borrowed against... to establish Welfare.

It'll be OK.

Trust Joey!

We are down 200k in the same period. we haven’t sold anything. We lost half in the 08/09 downturn and 300k mar 2020. The older you get the more stressful these downturns are. It won’t be long before we move to a less volatile position. It wears me out when the market drops so much.

So, your shoe shine man isnt telling you what stocks are a good deal?

He invented and built the computerised trading models that will destroy the markets some say.

There are still chances to lose all ones ass.

I dont know what Trump.will do to repair whats coming for the Bolshes.

Seeing heads of Big Pharma and Bolshe banks and other swampster business leaders hung for treason may make the markets dip more than a bit.

Clue. Trump said we had been attacked more viciously than at Pearl Harbor which led to WW2.

Im thinking we are in the early stages of WW3 but in unconventional warfare.

The Presidency was also attacked.

Anyone thinking that will go unpunished is sucking MSM BS.

As Q saud, The ending of this wont be for everyone.

Pain coming.

Justice under the Law.

MAGA.

Put your money somewhere safe.... government bonds. Honestly how can or why should the market go back up? Things are getting tight and when there's not enough food of fuel to go around it'll only get worse. Between Russia, the abortion issues and up coming election there might not be much left to worry about. Common sense isn't very common anymore.

Interesting that Biden's policies have big oil and coal producers raking in massive gains. BTU is up over 200% in a year. ESG is another racket.

We gonna bounce around and continue a general negative direction for a while.

3500-3600 S&P.

Yep.

I’m down but my petros have mitigated the drop so far.

I think it will continue to decline until unemployment gets high enough that the Fed reverses course by saying "high inflation is necessary for low unemployment." I'm guessing 5-12 months from now.

Countries like Sri Lanka and Turkey are already collapsing and people are starving in Kenya so our government might turn the money printer back on to "save the world". It's just easier to steal.

Powell is summoning Volcker. History repeats.

Still holding BTU I picked up last year and bought more on the drop a few weeks ago. Sittng mostly on gas, ol, mid stream agriculture, dividend stocks now


Ill pick up amazon, Microsoft, Ford if the drop more this summer. I think the market has a lot more correction to go.

Looking to pick up silver and some gold here shortly . I think silver is in buy territory soon

Look at a chart of the dot com crash. That crash played out over 2.5 years! Buying the dip didn't work out so well that time as the dips just kept coming and coming. I see the same here only ten times worse. I'm all out. Made about 4.5 percent in the first quarter and got out before this drop started. It will take more than yesterday for me to think things are heading in right direction and with these clowns in charge I don't see that happening. With the midterms coming it's no telling what they got planned that will further roil the markets.

Heck no the festivities have yet to begin. It’s not going to be bumpy, more like a turbulent plane ride followed by being sucked out a window, passing through a turbine and spit out without a parachute. Then whacked by 2 of 3 blades on a windmill in Kansas just before a thud.

Good reminder. It is tempting to try and time the dip. You're probably correct this volatility will last a long time like in 2000

It's getting really old. I started buying call options out a year on AMD, AAPL and MSFT. Hoping for at least a bear market rally soon. If I get a bounce, I'll either sell into it or buy the puts and have straddles in case it sells off again.

If you want my wild guess as of today, I think we are probably about to rally in the short term. I picked up a long position in Netphag (NFLX) for a trade yesterday. I feel dirty. I'm not planning on holding it long but think it could attack the open gap down area just to the north of where it is now over the next days/weeks. I'll sell it then or sell it for a small loss if it it does not go my way. I'm also holding a short position in QQQ from 360ish that I have hedged with calls.

I suspect the bottom of this bear will be somewhere between the pre-COVID highs and the Covid lows of 2020. So I think we are perhaps near a bottom but a loooong way from THE bottom. We probably get there in about 16 to 18 months.

Obviously, the Fed could blow up this scenario at will......if they want to completely sacrifice the currency, and if the bond market lets them. They could try and save the market by cutting the discount rate and restarting QE but long term rates could explode upward if they do given the inflation rate. My guess is that they see the safest way out of the mess they created as killing the stock market/creating a recession.

But I reserve the right to be wrong and change my mind on a dime.