Ghost of Igloi wrote:
Stanley Morgan wrote:
You are wrong again. And please keep your fantasies about me to yourself.
Sure sports hero worshiper...
Oh, the irony!
Ghost of Igloi wrote:
Stanley Morgan wrote:
You are wrong again. And please keep your fantasies about me to yourself.
Sure sports hero worshiper...
Oh, the irony!
Irony Mann wrote:
Ghost of Igloi wrote:
Sure sports hero worshiper...
Oh, the irony!
Oh the dope guy!
Ghost of Igloi wrote:
Irony Mann wrote:
Oh, the irony!
Oh the dope guy!
Oh, the irony!
??♂️?
Hobby joggers love to have their pictures taken wearing their participation medals.
Almost as good as prowling the streets of Boston in a Brady jacket.
Go Fats!
What’s a "Brady jacket?”
Maserati wrote:
Hey Igy! How are you doing?
Great action in the markets this week...but from what I hear, volume wasn't all that.
Now that SP500 has hit the 200 DMA, look for the PPT to step up to the plate to try to save the day, again.
IF IF IF IF that 200 DMA is breached at close, or repeatedly intraday, look out below. Especially if it is breached for 2 or more days.
My best guess at this point, if you are trading, would be BTFD and sell on Wednesday. Why? Because false narratives have been propagated that seem to be rectifiable by Trump et al. By blaming the drops on trade war fears, the feds easing or allaying trade war fears will send the markets up again. Easy.
The danger is that they may have let things go too far...but I doubt it. It is no accident that the SP500 stopped falling today at the 200 DMA, and yesterday at the 100 DMA.
We will see what the knee-jerk, easily manipulated administration will do over the weekend and early next week.
I am not a trader, and am glad to be watching all this from the sidelines. It's great entertainment! BTW Bloomberg TV is available live on youtube
Hey Mas maybe you should try trading. Not Wed yet but you could already have made good money on a 3x geared etf
Ghost of Igloi wrote:
https://www.ebay.com/itm/Nike-New-England-Patriots-Tom-Brady-Alpha-Shield-Media-Day-Jacket-2XL-XXL-NWT/323099902792?hash=item4b3a414348:g:qZgAAOSwrbtakuRi
Ok cool. I guess I should have figured that out given that you were replying to a Patriots fan. Thanks.
Ghost of Igloi wrote:
Almost as good as prowling the streets of Boston in a Brady jacket.
Go Fats!
Oh, the irony!
Had i bought, i would have sold yesterday probably at the end of the day, not waiting for today or Wednesday. It may very well rise more, but I am conservative and the environment is turbulent
Monday volume was low. Institutions trying to hold the market up a bit longer to passoff some more assets to retail investors. Weaker business models appear to be cracking. Challenges appearing to even market keaders. Some thoughts.
Igy
Ghost of Igloi wrote:Monday volume was low. Institutions trying to hold the market up a bit longer to passoff some more assets to retail investors. Weaker business models appear to be cracking. Challenges appearing to even market keaders. Some thoughts.
Igy
Igy,
I'd be keen to hear from both you and Maserati, as well as any others who are game, as to your best guess as to where the US market (S&P 500 say) will be in a week, month, half year and year, etc. I'll go first:
1 week - back down to last Friday's levels
1 month - down 15-20%
half year - down 35-45%
year - down 10-15%
2 years - even with today
5 years - up 30-50% from today
10 years - up 50-100% from today
I'm an idiot I know wrote:
Ghost of Igloi wrote:Monday volume was low. Institutions trying to hold the market up a bit longer to passoff some more assets to retail investors. Weaker business models appear to be cracking. Challenges appearing to even market keaders. Some thoughts.
Igy
Igy,
I'd be keen to hear from both you and Maserati, as well as any others who are game, as to your best guess as to where the US market (S&P 500 say) will be in a week, month, half year and year, etc. I'll go first:
1 week - back down to last Friday's levels
1 month - down 15-20%
half year - down 35-45%
year - down 10-15%
2 years - even with today
5 years - up 30-50% from today
10 years - up 50-100% from today
I really have no idea. Generally all the risks are higher. That said, there is some momentum to the market and institutions would like to grind it higher. The business of selling stocks is still spinning a narrative that the market is fairly valued and we are in a global relation cycle. Of course I think this is baloney.
Igy
Ghost of Igloi wrote:
I really have no idea.
Igy
Posted without further comment.
Ghost of Igloi wrote:... Generally all the risks are higher.
Igy
True, true, market volatility tells us that at a glance. It's also true that potential returns correlate with volatility, and we expect greater returns (and greater potential for short term loss) in the face of higher volatility. Problem is, it also makes sleep come a little less easy...
Me, I'm wallowing in a (tiny) pile of cash, waiting for things to quiet down a little, and either crash or don't...
Idiot! wrote:
Problem is, it also makes sleep come a little less easy...
If that's true, you should join Igy and stay as far away from the market as you can get.
A mattress of cash and you'll sleep like a baby.
