*Investors Blog*

[Warstud]

Not sure why some of them are not playing both ways.

I'm wont go short when the market is in a uptrend. Those gap ups like yesterday will getcha

 

[Warstud]

Playing both sides working for me. Not cheating!!

BTW : I dont daytrade....instead I buy into oversold markets like this one for 10% - 20% gains a few times a year. I've been long since June 26th.

 

[Koainn]

The bears sure got quiet.

the problem with "perma" bears is they usually fundamental traders, they dont understand charts

 

[Koainn]

...been sayin for 2 weeks energy futures are a dumpster fire now its out of control LOL.... if oil cant rebound above 90 by the end of the week its dead and will start falling quickly to 75 a barrel

ES is bit more stubborn but it will drop violently probably 70 or 80 points for a few days straight

if the FED raises rates anymore it will be a crime since energy costs the biggest inflation component

the two .75 rate raises isnt whats causing energy declines thats purely technicals...its been signalling a drop for over a month

oil recovered above 90 so it gave itself a reprieve altho it got back over 90 the next week monday instead of the end of week i mentioned but ill still take credit

the dead cat bounce is nearing its end

 

[Koainn]

View attachment 111145


after lumber bounces to 600 it will fall to 250 which is the march 2020 covid lockdown price...the entire equity market will follow futures lead and drop to precovid levels within the next year... lumber prices at home depot are NOT due to the econ 101 text book definition of inflation

unfortunately i dont trade lumber futures cause its so illiquid but it obeys technical chart signals...maybe when i get braver ill trade it LOL

if one knows candles thats a foreboding daily candle today...lumber so easy to analyse i just wish i had the stones to trade something so illiquid LOL

 

[Warstud]

if one knows candles thats a foreboding daily candle today...lumber so easy to analyse i just wish i had the stones to trade something so illiquid LOL

To bad there's no ETF that mimics the actual price of lumber.

 

[Pablo]

I'm done I guess.

 

[Warstud]

I'm done I guess.

View attachment 112302

I think they stole all my money to. I can't even log into my account.

 

[Pablo]

I think they stole all my money to. I can't even log into my account.

A little email warning might be nice. You think?

 

[doitmyself]

Yes, Fidelity was bought out yesterday by China......you guys are screwed. The headline says it all - no need to open and read.

https://www.reuters.com/article/us-...y-to-be-bought-for-1-84-billion-idUSKBN18K170

 

[Warstud]

I'm done I guess.

View attachment 112302

I called Fidelity and there not open on weekends. There online chat doesn't work either. If the market crashes on Monday.....I'm calling my Lawyer.

 

[Pablo]

I called Fidelity and there not open on weekends. There online chat doesn't work either. If the market crashes on Monday.....I'm calling my Lawyer.

What are you gonna call him?

 

[zzyzzx]

I don't know if this is a bear market rally, or if money is moving into the stock market because people are bailing out of crypto and housing. Certainly a housing market crash is going to depress stocks

 

[Warstud]

What are you gonna call him?

My Bestie if we win.

 

[Pablo]

My Bestie if we win.

Working now

 

[Dave Hess]

I don't know if this is a bear market rally, or if money is moving into the stock market because people are bailing out of crypto and housing. Certainly a housing market crash is going to depress stocks

Lots of bad news in the housing markets that will eventually hurt stock market.

The question is when ?

 

[zzyzzx]

Lots of bad news in the housing markets that will eventually hurt stock market.

The question is when ?

I have no idea, but a lot of housing related stocks are already down a lot. Has hit some mortgage lenders, but not banks.

 

[Warstud]

I don't know if this is a bear market rally, or if money is moving into the stock market because people are bailing out of crypto and housing. Certainly a housing market crash is going to depress stocks

People aren't bailing out of Crypto. In fact ETHE is up over 100% since the Mid - June bottom and Bitcoin is up 34%

 

[zzyzzx]

People aren't bailing out of Crypto.

Well they probably should.

 

[doitmyself]

Lots of bad news in the housing markets that will eventually hurt stock market.

The question is when ?

Dave, is your glass ever half-full?? It's much easier if you bury your head in the sand like the rest of us! Confession: I watch The Waltons reruns and enjoy Barry Manilow.