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Coelenterate Fuccboi

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Everything posted by Coelenterate Fuccboi

  1. Don’t touch it and don’t look at it.
  2. Could hold or bounce, but the aggressive manner in which we got here leads me to believe it won't hold this level for too long.
  3. If Elon has his way, we're definitely getting to 420 at some point.
  4. Know any of the big-wigs at BlackRock? They are likely calling plays.
  5. Tale of three "bottoms" (not a porn video) 2020 - Immediate bounce up. 2022 - Fake-outs and retesting the bottom. 2008 - Steep drop really only one fake-out before testing the bottom twice. They are all different.
  6. I wouldn't recommend anything but a money market fund or short term govt security right now. Anything else is a huge gamble at the moment.
  7. In my opinion, the selling will likely slow or bounce around 2022 highs, as shorts begin to cover a larger portion of their position and other buyers are looking for it as support. If something big doesn't change and the cycle completes itself, it will likely only be temporary, with bounces getting heavily shorted again. I think we'd only be in the anxiety phase.
  8. I’m about 84% cash & treasuries between retirement and non-retirement funds as of December. First time in my life I’ve sold anything in my retirement account.
  9. Wouldn't claim otherwise. As stated, I was originally referring to the administration's talking points. I don't presume to understand it, rarely think about it, and have no intentions of learning. My focus is what the market is currently doing. I don't need to understand trade deficits for my trading/investing methods, which is mainly based on volume (indicator of what the big players are doing), and technicals. The markets are frequently detached from fundamentals and the research doesn't suit my personality. I'll let the big firms do the research and I'll do my best to follow their lead. Regarding labor costs in ALL developed countries, it depends on the country and the type of labor. In Singapore, the median income is US$4,074/month or US$48,888/year for their citizens. However, their migrant laborers' median income is US$1,820, with a huge percentage making as low as US$600 a month. The migrant laborers building their infrastructure, repairing ships, and acting as nannies typically make around US$20 a day.
  10. Guess it depends on how big of a reset we get...
  11. Imagine having a discussion about how big banks have been making a fortune for years and someone comes along and says, “Oh yeah, well Heartland Tri-State Bank went under in 2023. See, not all big banks have been making money!”
  12. All? That’s like saying all universities benefited from NIL.
  13. I’m not an economist and never said it was, only spoke on the administration’s talking points. However, my simple minded view would be, a person (country) can’t survive if they are consuming at a higher rate than they are producing. I can’t have a trade deficit with everyone I’m dealing with or I go bankrupt.
  14. We dropped nukes on Japan cities and quickly began trading with them. We've invaded countries and still trade with them. I think trying to achieve balanced trade, regardless of the tactics, pales in comparison. The USD being the world reserve currency has been at risk for many years.
  15. I read he's had over 500 businesses, and 6 bankruptcies. I'll take those odds. Also, let's be real. Attempts may have already been made to eliminate him...
  16. I'm not ignoring anything, which is why I said "could". 1) Tariffs can be removed as fast as they have been put in place. I'm sure we'll hear "we've made a deal" many times, with the terms undisclosed, meaning it may amount to nothing in reality. 2) There's always uncertainty. I'm not sure there will ever be more uncertainty in the world, in my lifetime, than 2020, when the market made a drastic recovery. 3) Money flow has a way of healing hurt feelings. Business negotiations are often not pretty, but once the deal is done all parties magically work together to make profit.
  17. Please email me 5 positive contributions you've made this week. * No dick picks, please.
  18. Can't believe everything you read on the interwebs, but I read 80% of the stock market is owned by approximately 12% of the people. These wealthy people work together to keep their ATM machine running but they are also in competition with one another. It will drop until the game of chicken (who's going to start buying heavy first) ends. As fast as the market is dropping, it could result in an equally fast rise, depending on a number of factors. I like this depiction of the market cycle:
  19. I suggest Vanguard's money market fund. Or four-month T-bills from Treasury Direct (you can set them to automatically reinvest).
  20. If you folks can't see the difference between this type of discussion.. And this type of discussion: Then I'll just stay away and you can have another CR thread. The truth is, people can discuss the market action and their reaction without simultaneously slinging mud about either party, or the Jews, other posters or whoever else you fucksticks like to argue about. It's not productive to the intended conversation and some of us prefer to not get sucked in. Someone can say, "I think Trump is making a mistake", and someone can counter with, "I believe his plan may have a chance" without getting childish and irrational with the discussion. I know it's possible because that's the people I choose to spend my time with. Why? Because it's actually productive conversation, due to the ability to share different perspectives and learn from one another, without name calling or accusations of being a Russian or Chinese spy.
  21. Still got his paper issued stock of JCPenney.
  22. It’s hilarious you MFers get tired of yelling at each other in CR and come over here to find someone who hasn’t heard your rant before. It’s like you ladies have your hen house gatherings and then come home to continue ranting to the men. You want everyone to be as miserable as you are.
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