*Investors Blog*

I have cash on the sidelines and a little money in some inverse ETFs.
Easy to make some quick money if the markets keep getting hit with so much bad news.

2023 will be very interesting once the jobs cuts increase and companies have lower earnings while they keep revising guidance. Look what’s happening at Amazon / FedEx and the slow down.

Seems like there’s trouble all over the globe, so many bubbles are getting near their max, let’s not forget Fed keep raising rates.
 
Dave Hess said:
I have cash on the sidelines and a little money in some inverse ETFs.
Easy to make some quick money if the markets keep getting hit with so much bad news.

2023 will be very interesting once the jobs cuts increase and companies have lower earnings while they keep revising guidance. Look what’s happening at Amazon / FedEx and the slow down.

Seems like there’s trouble all over the globe, so many bubbles are getting near their max, let’s not forget Fed keep raising rates.
Click to expand...
Equity markets will all fall to their 2019 levels before the artificial ramp up to all these highs and the declines will be orderly. Just because the Snp falls to 3250 and quite possibly to 2800 doesn't mean the world is coming to an end no matter how much permabears wish for that. It's just a technical decline on the charts and it doesn't necessarily mean it will cause a recession.
 
Dave Hess said:
I have cash on the sidelines and a little money in some inverse ETFs.
Easy to make some quick money if the markets keep getting hit with so much bad news.

2023 will be very interesting once the jobs cuts increase and companies have lower earnings while they keep revising guidance. Look what’s happening at Amazon / FedEx and the slow down.

Seems like there’s trouble all over the globe, so many bubbles are getting near their max, let’s not forget Fed keep raising rates.
Click to expand...
It’s really incredible, I talk to my wife about this stuff and she knows about a Dave in here that went into cash back a while ago.
I have this conversation with her because I have been wondering when the time will come that the breeze starts taking down the house of cards.

Over the last 2 decades I have been in cash before, actually called the crisis that started around 2007 pretty good, heck we even relocated to a new state a year earlier because I figured it was now or never to cash out of our NY home, that worked perfect, than held on to cash too long, after a while of getting back into things I started telling myself to not fight the market, maybe I became too complacent as the years wore on, because its worked out well for me, until the last few months.

But Im actually not in as bad shape as many because my common sense said to get into more conservative mode in boring companies. But of course I could have cashed out some really nice profits, I didnt because I always felt I was fighting the market supported by fake money.

Anyway, once again, kudos to you, you really got it right. ( I know I said this before)
and for me? I ask myself, is it this time the house of cards really falls? I have no idea anymore, I dont know how we made it this far but if you ask me its pretty darn scary world wide, hopefully not a catalyst for something much worse.

and ... once again ... selling our house and building a new one, funny the timing just like 2006. I think we sold at the peak and another good deal on a new home. Im sweating this one out though, a bit close for comfort but the buyers for our house look solid and scrambling to get out of here because the buyers want to close ASAP/
 
PPI print came in hotter than expected.

I still presume CPI will drop - at least healine print due to lower gas prices in september - which is the drum they will bang in CNBC. I predict a pump tomorow starting at 8:30 and a dump by 11?

Don't follow my advice though, I am more often wrong. Should do an inverse SCMaintenance fund.
 
GON said:
I wonder what the adult employment participation rate in The USA was in the 1950s, and what the adult employment participation rate in the USA is today. When everyone is actively working and contributing to a nation- wonderful outcomes are possible.

I suspect tax rates are not the center of gravity difference between the 1950s and today. One of many differences between the 1950s and today was the USA was the world's producer of products and services. The rest of the world was recovering from a massive war in the 1950s. Those recovering countries in the 1950s, have recovered and some are now major producers.
Click to expand...
We had our politicians allow the off shoring of our industries. We relected them any way.
 
Koainn said:
Oil should drop to 82 but I'm keeping a tight stop so don't give as much back as on my es trade
Click to expand...
Lovely decline...will have to use some intestinal fortitude to hold till 82 and not take my profits lol....lowered stop so I'm guaranteed money
 
No buy sig on daily es still so will wait till tomorrow....seeing how how diabolic and dastardly the market is price will prolly drop to below 3560, diddle last months lows and take off from there so thats what I'll be watching and buying
 
I have one ETF (International, Large cap) with a capital loss. I'm going to sell it to capture that loss (purely for tax purposes) and buy a much different ETF (Canadian, broad market) in my wife's account for a similar amount.

Who knows how close we are to a bottom? I sure don't.

Are Canadian equities better than Europe and Asia? They have been so far in this downturn, but who knows if that will continue.

Overall: A capital loss is captured for tax purposes No change in fraction of portfolio in equities.
 
alarmguy said:
It’s really incredible, I talk to my wife about this stuff and she knows about a Dave in here that went into cash back a while ago.
I have this conversation with her because I have been wondering when the time will come that the breeze starts taking down the house of cards.

Over the last 2 decades I have been in cash before, actually called the crisis that started around 2007 pretty good, heck we even relocated to a new state a year earlier because I figured it was now or never to cash out of our NY home, that worked perfect, than held on to cash too long, after a while of getting back into things I started telling myself to not fight the market, maybe I became too complacent as the years wore on, because its worked out well for me, until the last few months.

But Im actually not in as bad shape as many because my common sense said to get into more conservative mode in boring companies. But of course I could have cashed out some really nice profits, I didnt because I always felt I was fighting the market supported by fake money.

Anyway, once again, kudos to you, you really got it right. ( I know I said this before)
and for me? I ask myself, is it this time the house of cards really falls? I have no idea anymore, I dont know how we made it this far but if you ask me its pretty darn scary world wide, hopefully not a catalyst for something much worse.

and ... once again ... selling our house and building a new one, funny the timing just like 2006. I think we sold at the peak and another good deal on a new home. Im sweating this one out though, a bit close for comfort but the buyers for our house look solid and scrambling to get out of here because the buyers want to close ASAP/
Click to expand...
Maybe you ought to start "Dollar Cost Averaging" into the market every month
 
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