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re: Current Market

Posted on 10/29/21 at 10:18 pm to
Posted by Retrograde
TX
Member since Jul 2014
2900 posts
Posted on 10/29/21 at 10:18 pm to
quote:

people are slowly wisening up but many people will just never get it

There is so much funny money floating around in this low rate, inflationary environment that any and every dip is going to get gobbled up immediately, regardless of what negative stimulus is presented.

Doesn’t help that the contagion presented by Evergrande seems to be really overrated


I can’t see this market falling in the next 12 months. Serious tapering and rising interest rates are not going to happen right before midterms. I’ll get scared at the end of Q3 2022 but until then we ridin.

Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 10/29/21 at 11:23 pm to
I’m ready to hit the lottery again. There is some high level nerd talk about pennies on YT channel, Insider Financial. It will bore you to death, but good analysis and due diligence (I hate that phrase). Remember when the game fiasco started and every noob under the sun dropped that line. I wanted to slit my throat. Having said all that, it’s all about momentum with these types of stocks
Posted by RoyalWe
Prairieville, LA
Member since Mar 2018
3116 posts
Posted on 10/30/21 at 5:29 am to
I just hit 'my number' in this market. I'll work for another 10 years since I'm still in my 40s and want to have super FU money and hedge again/take advantage of inflation, but the last five years have been awesome.
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