Wall St Continues to Bleed
Down 5300 for the year.
Little chance of the DJI gaining a single point in 2022 and a bottom out of 2500 isn’t out of the question before years end.
Don’t expect a rosey picture from the Fed Reserve tomorrow.
India market inflows surging
US housing market slowing to a crawl. 20M households now cannot pay mortgage due to inflationary pressures in utilities and HH goods.
But we aren’t in a recession….
Comments
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As do I
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No recession. Did you see the jobs report? You're using old thinking.thechatch said:Down 3000 in 3 weeks.
Down 5300 for the year.
Little chance of the DJI gaining a single point in 2022 and a bottom out of 2500 isn’t out of the question before years end.
Don’t expect a rosey picture from the Fed Reserve tomorrow.
India market inflows surging
US housing market slowing to a crawl. 20M households now cannot pay mortgage due to inflationary pressures in utilities and HH goods.
But we aren’t in a recession…. -
Sold off all of my stocks, save for my O'Reilly's stock which is up on the year, in late-December or early-January and have been sitting tight.
Have not bought the dip because it keeps dipping. -
Down another 100 points this morning.
Fed focused on tamping inflation means more rate hikes. But Joe, Nancy, and Chuck need the price of milk and eggs to come down ahead of the midterms.
Their voters aren’t investors anyway so fuck em.
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Putin.thechatch said:Down another 100 points this morning.
Fed focused on tamping inflation means more rate hikes. But Joe, Nancy, and Chuck need the price of milk and eggs to come down ahead of the midterms.
Their voters aren’t investors anyway so fuck em. -
We are going to take one of the 401K's and invest in real estate. Enough of this roller coaster ride when rats are in charge. Biden is not doing one thing to strengthen our country or economy and I don't want to be dependent upon a global economy run by despots who would like nothing more than to see us crash and burn.
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Aren’t we all just supposed to buy the dip?
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Sell low buy high. Good strategyBendintheriver said:We are going to take one of the 401K's and invest in real estate. Enough of this roller coaster ride when rats are in charge. Biden is not doing one thing to strengthen our country or economy and I don't want to be dependent upon a global economy run by despots who would like nothing more than to see us crash and burn.
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Herr Dazzler bought the dip 2500 points ago.Bob_C said:Aren’t we all just supposed to buy the dip?
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Is that what you do? If so stop being stupid.MikeDamone said:
Sell low buy high. Good strategyBendintheriver said:We are going to take one of the 401K's and invest in real estate. Enough of this roller coaster ride when rats are in charge. Biden is not doing one thing to strengthen our country or economy and I don't want to be dependent upon a global economy run by despots who would like nothing more than to see us crash and burn.
The market here is going down. When the time is right we will invest.
