SAJ-99
Well-known member
Energy the worst sector today. Nothing immune from the selling. Held my nose and added some stuff today.Swirling the bowl today. Septic tank tomorrow, and somewhere in the drainfield next week.
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Energy the worst sector today. Nothing immune from the selling. Held my nose and added some stuff today.Swirling the bowl today. Septic tank tomorrow, and somewhere in the drainfield next week.
That is surprising, and confusing. Energy should be the safest bet you would think.Energy the worst sector today. Nothing immune from the selling. Held my nose and added some stuff today.
Held my nose and added some stuff today.
What "stuff"?? Do tellEnergy the worst sector today. Nothing immune from the selling. Held my nose and added some stuff today.
Bidens running his mouth, making investors nervous.That is surprising, and confusing. Energy should be the safest bet you would think.
Snagged a few finless browns did you?Energy the worst sector today. Nothing immune from the selling. Held my nose and added some stuff today.
Long SPY and short slightly in the money put on some private equity firms that I would be happy to own around these levels. Reality is we are very oversold. Things could get worse, but market is way ahead of itself in the selloff. Economic data not that bad. Housing is weak but that should be expected when rates double. I joke that the market moves so fast in trying to predict things it is in the middle of predicting a recession before it even starts.What "stuff"?? Do tell
LOL. We will see. Will probably hold for a couple of weeks. I don't think this selling pressure can keep this pace. Wouldn't be surprised to see another week up 5-10%. I don't want to overthink what the "correct" price should be. Just playing flows right now.Snagged a few finless browns did you?
Gonna say it again.... the youngsters gonna learn what a P/E ratio is and why I said I wouldn't have touched Tesla with a 10 foot pole. This has potential to get dot.com bubble bursting bad.
Swirling the bowl today. Septic tank tomorrow, and somewhere in the drainfield next week.
Covered the short puts on the PE firms for 60% gain. Still holding long SPY to see if this bounce has legs. I don’t trust this rally until it proves itself, but still a ways from any significant resistance and flows are in my favor. Before you energy bulls get too excited on todays bounce, OIH went from bull market to bear market in 2 weeks, so I don’t trust that either. I feel like I need a seat beat for my chair when I sit down in the morning and I trust nothing.Victoria, Australia. Flush! Swirlllll....
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Been a nice buy off the dip!
Volatility is the current game. Bets?
Covered the short puts on the PE firms for 60% gain. Still holding long SPY to see if this bounce has legs. I don’t trust this rally until it proves itself, but still a ways from any significant resistance and flows are in my favor. Before you energy bulls get too excited on todays bounce, OIH went from bull market to bear market in 2 weeks, so I don’t trust that either. I feel like I need a seat beat for my chair when I sit down in the morning and I trust nothing.
Like I said, trust nothing. Things will continue to get overdone both ways. The PCE number was high, but yields went down. Stuff is doing weird moves. I sold calls on last rip higher, so some of this decline was muted. Looking to cover and reposition. Expecting lots of chop this summer. One day it looks like a finless brown, next week it looks like a beautiful fish.Strong run of finless browns in the catch and release stretch today. What fly should I use @SAJ-99 ?
This is the cheapest asset prices have been in a couple years. I hope everything gets cheaper. It's hard to tell which way things are going to go but I think we are finally to the point a well diversified portfolio should start to hold up okay no matter which way instead of the everything but o&g,commodities beat down. DCA'ing into this. Bonds are looking pretty a-okay to me at this point. Even picking up some long duration bond funds. Would have never thunk it 6 months agoI've just stopped looking...
Sure. But you're assuming that I had cash money just laying around waiting to be invested or was in something conservative that could be moved to something more aggressive... neither of those were the case! You clearly haven't been tracking my comments on the this thread. The stuff I mess with was so over-inflated/risky that I'm so underwater on tech that I can't stomach selling anything for the amount of losses I'd take.This is the cheapest asset prices have been in a couple years. I hope everything gets cheaper. It's hard to tell which way things are going to go but I think we are finally to the point a well diversified portfolio should start to hold up okay no matter which way instead of the everything but o&g,commodities beat down. DCA'ing into this. Bonds are looking pretty a-okay to me at this point. Even picking up some long duration bond funds. Would have never thunk it 6 months ago