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Post by walnut on May 24, 2022 20:35:22 GMT
In the not too distant future we will be able to buy stocks practically for pennies. Get ready We should start a "Bottom" thread. The pennies are out and ready. Very good idea. It always appears self evident in hindsight, staring at a chart. But in practice much more difficult. |
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Post by glennkoks on May 25, 2022 12:47:50 GMT
In the not too distant future we will be able to buy stocks practically for pennies. Get ready We should start a "Bottom" thread. The pennies are out and ready. Timing the bottom is a skill I do not have. But in light of all the economic events I think the low may be a little lower than most would now try to guess. I think the inflation that kicked in last year was the first warning sign. I think the recent drops in Target and Walmart forecasts are the canary in the coal mine. It's starting to hit home and really effect the way we are buying groceries and spending our money. www.usatoday.com/story/money/business/2022/05/23/walmart-target-stock-market-economy-trouble/9829739002/?gnt-cfr=1 |
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Post by walnut on May 25, 2022 13:15:43 GMT
I feel like AMZN might be a good one to watch to try to make a bottom guess. That stock has been getting hammered. Too much recession exposure with their infrastructure. I'd like to buy AWS without all of the other Amazon baggage.
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Post by duwayne on May 25, 2022 14:14:10 GMT
In the not too distant future we will be able to buy stocks practically for pennies. Get ready We should start a "Bottom" thread. The pennies are out and ready. My prediction for the bottom is 3810.32 on the S&P 500 average which was reached on May 20.
When considering this prediction, remember how much you paid for it.
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Post by ratty on May 26, 2022 0:11:09 GMT
We should start a "Bottom" thread. The pennies are out and ready. My prediction for the bottom is 3810.32 on the S&P 500 average which was reached on May 20.
When considering this prediction, remember how much you paid for it.
Duwayne, please subscribe me to your newsletter. |
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Post by missouriboy on May 26, 2022 16:57:40 GMT
Bidens woke climate agenda will put our economy into a permanent recession. Maybe that is what they want. More people dependent on the government.
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Post by code on May 28, 2022 17:26:02 GMT
In the not too distant future we will be able to buy stocks practically for pennies. Get ready |
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Post by code on May 28, 2022 17:28:32 GMT
My prediction for the bottom is 3810.32 on the S&P 500 average which was reached on May 20.
When considering this prediction, remember how much you paid for it.
Duwayne, please subscribe me to your newsletter.
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Post by ratty on May 28, 2022 22:11:45 GMT
Duwayne, please subscribe me to your newsletter. I've modified those headlines ... Jeremy Grantham, Michael Burry, Ratty and other market gurus expect stocks to plunge further. Michael ‘Big Short’ Burry and Ratty hint s at 2008-style crash in cryptic tweet Self-fulfilling prophecies? |
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Post by walnut on May 28, 2022 22:30:02 GMT
I had been feeling a little gloomy about the economy and the stock indexes. But, things seems to be clicking along pretty well around here. There was a noticeable inflation spike mini-recession which seems to be wrapping up now.
What if the market simply does not plunge as common wisdom expects?
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Post by missouriboy on May 28, 2022 23:08:15 GMT
I had been feeling a little gloomy about the economy and the stock indexes. But, things seems to be clicking along pretty well around here. There was a noticeable inflation spike mini-recession which seems to be wrapping up now. What if the market simply does not plunge as common wisdom expects? Then the "experts" would be wrong again.  |
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Post by nonentropic on May 29, 2022 3:57:39 GMT
they could just stumble down, quite a bit, then sit, then just pay dividends.
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Post by walnut on May 29, 2022 4:20:01 GMT
they could just stumble down, quite a bit, then sit, then just pay dividends. Yes I could see that. Would be good to have a few dividend stocks on companies with the power to raise their business prices over the next few years. |
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Post by glennkoks on May 29, 2022 12:38:17 GMT
I had been feeling a little gloomy about the economy and the stock indexes. But, things seems to be clicking along pretty well around here. There was a noticeable inflation spike mini-recession which seems to be wrapping up now. What if the market simply does not plunge as common wisdom expects? That is a distinct possibility. The market is pretty much a study in human behavior and we can act very unpredictable at times. Personally, I don't care how it acts. I made my decision to get out of the market last September based on the lack of economic fundamentals. The Buffet Indicator is out of whack, inflation is the highest its been in at least 40 years, endless QE and stimulus. When the fundamentals get back more in line with reality I will re-enter. Until then I will at a minimum sleep better at night! |
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Post by ratty on May 29, 2022 19:56:29 GMT
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