I said earlier, when the dip started, that it wasn't the big one, and that I think that equities could still rise by 10% over previous highs. I still believe that.
But the problem will be one of timing. The more things continue, the more the time windows get compressed. If markets rise 50% from here, IMO the window of timing will be incredibly small. Another 10% gain will result in a window that some find large enough to think they can time successfully...but that's not for me, I am much more conservative in my timing.
It's shaky days. Watch for the markets to rise on no volume, as a few select players churn prices higher by buying and selling to and from each other. It's classic.
[quote]Maserati wrote:
If markets rise 50% from here,
I would offer you 20 to 1 that ain't gonna happen before a major dip.
Ill take that bet wrote:
[quote]Maserati wrote:
If markets rise 50% from here,
I would offer you 20 to 1 that ain't gonna happen before a major dip.
We just need to build some ghost cities like China. That should give us the 50%. Sorry, I forgot we already have Detroit and Baltimore.
Just as I warned to be careful with EM's, look at the garbage coming out of India right now, to the tune of billions. More to the point, they freely admit that they just aren't equipped to successfully manage such risks.
Buyer beware.
Maserati wrote:
I said earlier, when the dip started, that it wasn't the big one, and that I think that equities could still rise by 10% over previous highs. I still believe that.
But the problem will be one of timing. The more things continue, the more the time windows get compressed. If markets rise 50% from here, IMO the window of timing will be incredibly small. Another 10% gain will result in a window that some find large enough to think they can time successfully...but that's not for me, I am much more conservative in my timing.
It's shaky days. Watch for the markets to rise on no volume, as a few select players churn prices higher by buying and selling to and from each other. It's classic.
Well, now that the news broke on Letsrun, the market is bound to tank shortly.
ghost of 29 wrote:
Maserati wrote:
I said earlier, when the dip started, that it wasn't the big one, and that I think that equities could still rise by 10% over previous highs. I still believe that.
But the problem will be one of timing. The more things continue, the more the time windows get compressed. If markets rise 50% from here, IMO the window of timing will be incredibly small. Another 10% gain will result in a window that some find large enough to think they can time successfully...but that's not for me, I am much more conservative in my timing.
It's shaky days. Watch for the markets to rise on no volume, as a few select players churn prices higher by buying and selling to and from each other. It's classic.
Well, now that the news broke on Letsrun, the market is bound to tank shortly.
Some people were calling the housing market crash in '06 on various message boards. Maybe Maserati will be in The Big Short 2.
Dow currently set to open 200 points or so down.
You will know when the regime has changed: the buy on the dippers are punished for the strategy.
I only own four US stocks: Amazon, Facebook, Netflix and Tesla, and that accounts for about 14% of my portfolio (the rest is elsewhere, closer to home). So far, against all odds and common sense, they seem to be barrelling along nicely (Amazon and Netflix especially, which are my bigger holdings by far). When do y'all think the bottom falls out of FANG stocks and I lose my (that, anyway) shirt?
Ghost of Igloi wrote:
You will know when the regime has changed: the buy on the dippers are punished for the strategy.
Oh, the irony!
...and the Irony guy returns to his momma’s basement....
Ghost of Igloi wrote:
...and the Irony guy returns to his momma’s basement....
More irony from the guy whose own basement houses his mid-30s son.
Oh, did I struck a nerve weak one.
the idiot's idiot wrote:
I only own four US stocks: Amazon, Facebook, Netflix and Tesla, and that accounts for about 14% of my portfolio (the rest is elsewhere, closer to home). So far, against all odds and common sense, they seem to be barrelling along nicely (Amazon and Netflix especially, which are my bigger holdings by far). When do y'all think the bottom falls out of FANG stocks and I lose my (that, anyway) shirt?
Buy and hold! Buy and hold! Buy and hold!
ghost of 29 wrote:
the idiot's idiot wrote:
I only own four US stocks: Amazon, Facebook, Netflix and Tesla, and that accounts for about 14% of my portfolio (the rest is elsewhere, closer to home). So far, against all odds and common sense, they seem to be barrelling along nicely (Amazon and Netflix especially, which are my bigger holdings by far). When do y'all think the bottom falls out of FANG stocks and I lose my (that, anyway) shirt?
Buy and hold! Buy and hold! Buy and hold!
Yes!
It’s nice to know that some here have been able to sift through the nonsense from the Wall Street insiders to stick with tried and true investment strategies.
Go, Pats!
The mustard stained sweatshirt didn’t work this year.
Go Fats!
the idiot's idiot wrote:
I only own four US stocks: Amazon, Facebook, Netflix and Tesla, and that accounts for about 14% of my portfolio (the rest is elsewhere, closer to home). So far, against all odds and common sense, they seem to be barrelling along nicely (Amazon and Netflix especially, which are my bigger holdings by far). When do y'all think the bottom falls out of FANG stocks and I lose my (that, anyway) shirt?
not so different, here. I have been a long term holder of Apple and Google, and more recently but still quite a while for Amazon, Netflix, Facebook. Of those, if i had to choose, i would go long term with Amazon and Google due to their ability to innovate, cloud computing, and AI. I could easily see FB sliding, and i know as a user, i don't have nearly the draw to it that i used to. And Tesla, that's a mystery why it is even as valued as it is, though i did own a very little for a while.
Good luck.
Belichick’s sweatshirt wrote:
The mustard stained sweatshirt didn’t work this year.
Go Fats!
Neither did your investment strategy.