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Started By
Message
2
Posted on 9/29/22 at 10:34 am to elposter
quote:
happen to think gridlock in Washington with a Biden administration would be looked at more favorably by the markets than the current political situation and continued Dem control of all 3 lawmaking/executing portions of the fed gov.
Don't disagree but that's pretty short term as far as investing goes
Posted on 9/29/22 at 10:37 am to GumboPot
quote:
know timing the market is almost impossible but that is my plan and hope to get lucky. My strategy is a long term strategy
Well that's a bit if a contradiction
But to be fair I'm taking almost the same approach
Posted on 9/29/22 at 10:39 am to Ten Bears
quote:
can't think of a greater example of just how useless Washington DC is than the notion that markets favorably respond to nothing getting done.
It's almost as if we have enough laws in place already at the federal level for society to function
Posted on 9/29/22 at 10:42 am to GumboPot
quote:GRIDLOCK?
Gridlock.
Historically markets love gridlock.
Hell, we have one party stealing elections and threatening to go gas ovens genocide on the other 70% of the population;
faking an insurrection so that the state police, our STASI, the FBI can ensure political prisoners get put away
Thats not gridlock - is is mass formation psychosis on the part of the biggest criminals in US history - the God damned DEMOCRAT Party
Posted on 9/29/22 at 10:45 am to JJJimmyJimJames
quote:
GRIDLOCK?
Hell, we have one party stealing elections and threatening to go gas ovens genocide on the other 70% of the population;
faking an insurrection so that the state police, our STASI, the FBI can ensure political prisoners get put away
Thats not gridlock - is is mass formation psychosis on the part of the biggest criminals in US history - the God damned DEMOCRAT Party
Gridlock starting in January of 2023 when the GOP takes over the House. Not now.
Posted on 9/29/22 at 11:12 am to burger bearcat
quote:
Dow is tumbling below 29K.
Are we going to see it get below 25K this year? I think it's coming.
i dont know about 25 but i expect it to hit 26
Posted on 9/29/22 at 11:56 am to CelticDog
quote:
if inflation is still 8.x% gop takes both houses 24 and anyone not indicted can be gop potus.
I have 0 faith in that. Inflation could be 10% in 2024 and a big enough segment of emotionally weak men and women will keep democrats in power.
Posted on 9/29/22 at 12:52 pm to elposter
Drooler in chief hasn’t created 1 new job we’re simply back to where Trump had us (and without massive inflation problem, we had low inflation with Trump).
This post was edited on 9/29/22 at 12:55 pm
Posted on 9/29/22 at 2:01 pm to OU Guy
What’s to stop them tanking it entirely and just absconding with your money? Nothing really
Posted on 9/29/22 at 2:06 pm to JulesWinfield88
quote:
What’s to stop them tanking it entirely and just absconding with your money? Nothing really
They’d love that
Gotta get people all back to square 1 so nobody has a head start
Posted on 9/29/22 at 2:20 pm to Lawyered
This is what CBDC is all about. It’s why they’re doing everything possible to do away with cash
Posted on 9/29/22 at 3:32 pm to Powerman
quote:
Don't disagree but that's pretty short term as far as investing goes
I’ve just got to say, you’re one pussified retard. “Why would that matter dumbass” “Oh yea good answer but but but”
Just come out as the extreme leftist kid diddler and all will be fine. You’ll feel better
Posted on 9/29/22 at 3:35 pm to burger bearcat
All good, no mean tweets
Posted on 9/29/22 at 4:52 pm to burger bearcat
Pretty good sale, if you’re in the position to buy rather than the position to sell.
Posted on 9/29/22 at 6:45 pm to Hopeful Doc
Average bear market is roughly 35% down. We ain’t there yet by a long shot. That’s roughly S&P500 at 3150. Roughly a 500 point drop or over 13% more from today’s levels.
35% down from highs is the average drop mind you. So it can be much lower.
Edit: I would say it’s OK to start to nibble being 25% down but don’t go all in just yet. Set triggers for set amounts. 25% put in 5% of cash. For every 1% down put 5% more. At 35% down I would put half of what you have left in. 40% all in. You can’t call the bottom but you don’t want to miss the recovery.
35% down from highs is the average drop mind you. So it can be much lower.
Edit: I would say it’s OK to start to nibble being 25% down but don’t go all in just yet. Set triggers for set amounts. 25% put in 5% of cash. For every 1% down put 5% more. At 35% down I would put half of what you have left in. 40% all in. You can’t call the bottom but you don’t want to miss the recovery.
This post was edited on 9/29/22 at 6:50 pm
Posted on 9/29/22 at 6:47 pm to burger bearcat
Sell, Sell, Sell... So I can buy.
Posted on 9/29/22 at 7:32 pm to burger bearcat
This worries you?
Pay attention and this is where you can do your portfolio some serious good.
And besides, the market will come back. It always does.
Pay attention and this is where you can do your portfolio some serious good.
And besides, the market will come back. It always does.
Posted on 9/29/22 at 7:41 pm to TGFN57
I want to revisit this thread in one year.
I think most of the Biden Bois will have changed their minds.
Not that they would ever admit it on this board.
I think most of the Biden Bois will have changed their minds.
Not that they would ever admit it on this board.
Posted on 9/29/22 at 7:59 pm to TGFN57
quote:
This worries you? Pay attention and this is where you can do your portfolio some serious good. And besides, the market will come back. It always does.
The market always comes back? You may be technically correct because up to this point in history the equities market has always recovered, however it took 15-20 years for the market to recover after the Great Depression and that was with extraordinary industrial production during and after WWII. You need to understand we’re in uncharted territory when it comes to the US balance sheet.
According to Steve Cortes of War Room fame, If the fed funds rate is pushed up in the 7-8% range the debt service on US debt of $31 trillion will be 15-20% of US GDP in the next 5-10 years, that’s probably not going to be conducive to a bull run stock market.
However I hope you’re correct and Cortes is wrong because if Cortes is correct we street level serfs are gonna be smacked hard.
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