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re: Sure is quiet around here on the Good days

Posted on 5/27/22 at 7:14 am to
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 5/27/22 at 7:14 am to
quote:

The typical Chicken Littles only come out when the sky is falling


Admittedly, these are the most entertaining days for me
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 5/27/22 at 7:17 am to
quote:

Because most level headed people know this could just be a temp bounce or it could be the bottom.


Can't have the dump without the pump or wait, is it the other way around?
Posted by LSUcam7
FL
Member since Sep 2016
9102 posts
Posted on 5/27/22 at 7:53 am to
WSJ

quote:

A closely watch U.S. in­fla­tion read­ing eased in April for the first time this year while con­sumers boosted spend­ing by 0.9%.


Ukraine probably won’t settled down any time in the very near term.. but if the inflation shock relaxes, the Fed doesn’t need to go .50 x3.. then wiping away this downside by year end is in the cards.
This post was edited on 5/27/22 at 7:54 am
Posted by FLObserver
Jacksonville
Member since Nov 2005
16402 posts
Posted on 5/27/22 at 3:03 pm to
To another great day
Posted by Shamoan
Member since Feb 2019
14489 posts
Posted on 5/27/22 at 3:13 pm to
yay! i didnt lose money today.


Posted by Fat Bastard
alter hunter
Member since Mar 2009
93718 posts
Posted on 5/27/22 at 3:17 pm to
quote:

The typical Chicken Littles only come out when the sky is falling




HHHHUUUUUUUUUUUUUUUUUUUUUUUUUUUUUSSSSSSSSSSSSSSSSSSSSSSSSSS

SO glad i never took that guy's advice here

This post was edited on 5/27/22 at 3:19 pm
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 5/27/22 at 3:21 pm to
Another green day !!!
All Three Major Indexes Notch Weekly Gains of at Least 6%
All the negative Nancy’s quiet
Posted by FLObserver
Jacksonville
Member since Nov 2005
16402 posts
Posted on 5/27/22 at 3:26 pm to
If those Inflation Numbers start to show some stability over the next couple of weeks then some reason to be optimistic.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 5/27/22 at 3:31 pm to
quote:

All the negative Nancy’s quiet
quote:

I Bleed Garnet


Takes one to know one
Posted by Fat Bastard
alter hunter
Member since Mar 2009
93718 posts
Posted on 5/27/22 at 3:34 pm to
Posted by whiskey over ice
Member since Sep 2020
3811 posts
Posted on 5/27/22 at 4:00 pm to
I could use another week like this one
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 5/27/22 at 4:16 pm to
quote:

Takes one to know one

Who are you again?
Posted by SlidellCajun
Slidell la
Member since May 2019
17195 posts
Posted on 5/27/22 at 4:33 pm to
quote:

Light volume, this might be a pump fake.


Yes

Watch volume or get suckered in

Volume on up days needs to exceed the down days for an extended period before I believe.
I’ll admit though that I’m looking for some tech bargains
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 5/28/22 at 6:41 am to
As of now, crypto hasn't participated in this past week's rally (and actually looks quite weak) so that can be a warning sign. Typically, with the tech rally, you'd want to see similar moves in crypto to build confidence in the direction.

This week's rally likely just gave bears better prices in the short-term, but we'll see how strong next week begins. If SPY hits 428, I'm going to look at building a put position. If it rallies to 440, I may go all in.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
60573 posts
Posted on 5/28/22 at 9:34 am to
I've started setting aside my new funds for investment so that I have a nice chunk to go crazy with for some point after the market begins its real dive in a month or two. I'm energy heavy (I heart XOM and PBT) so those gains are defraying (and as of the end of this week, making up for) the losses from pretty much anything I have which is non-energy.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
83115 posts
Posted on 5/28/22 at 12:28 pm to
quote:

Sure is quiet around here on the Good days


You want an LSU board to cheer for a green wave?
Posted by canyon
MM23
Member since Dec 2003
22532 posts
Posted on 5/28/22 at 4:10 pm to
I chuckled
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