Probably! Just wondering out loud about shifting my "basic" 401 investments into bonds or something to keep the daily loss rate down. Large and small caps and such are killing me! Just like everyone else, I guess. . .Gold's up today.
Anybody Buying Yet? Where’s the Bottom?
- Thread starter NEWHunter
- Start date
Jack Ryan
Active member
Cash and I bonds.
Jack Ryan
Active member
When the "knife" is laying of the floor and the hedge funds quit kicking it around, that is the bottom.
rogerthat
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Dave, if you do this, you would need to have a plan to get your money back into the market when the bleeding stops as well as know when the bleeding has stopped. That’s the treachery of timing the market. It can be done but it requires you to be right multiple times which is pretty tough. The time to sell was probably months ago if you were going to do that. Most people are best off letting their retirement funds ride the ups and downs. Just don’t check your balances.Probably! Just wondering out loud about shifting my "basic" 401 investments into bonds or something to keep the daily loss rate down. Large and small caps and such are killing me! Just like everyone else, I guess. . .
LousyResident
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Well, I picked up another GOOG and some TQQQ today to bring my cost basis down. It's something I guess lol.
BigHornRam
Well-known member
Buying opportunity here @Flatrock
www.cnn.com
Bitcoin plunges below $23,000 as the crypto meltdown continues
One of the world's biggest cryptocurrency lenders has paused all withdrawals as the market meltdown continues apace.
www.cnn.com
SAJ-99
Well-known member
Yep. Without demand destruction these problems just get worse.
i couldn't believe it. drove i25 all the way down to castle rock and back to help in laws move. the amount of camper trailers towed by diesels, the amount of diesels beds packed with dirt bikes and a side by sides in the trailer....
it wasn't even a holiday weekend!
Buying opportunity here @Flatrock
Bitcoin plunges below $23,000 as the crypto meltdown continues
One of the world's biggest cryptocurrency lenders has paused all withdrawals as the market meltdown continues apace.
Yea I'm sure you're loading up on it, right?!?! If it has a 90% dump like it's done multiple time in the past and gets under 10k, then I'll absolutely be buying. Might buy a little now but I think there's a good chance it has some more bad days.
rogerthat
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I think your right. I think Michael Saylor will be getting his much anticipated margin call any day now.
BigHornRam
Well-known member
If it gets into the single digits, , I'll take a look at it.
BigHornRam
Well-known member
Most of this was probably financed with low interest loans. So looking forward, bull or bear?
BigHornRam
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Never heard of this fool, so had to look him up.
BigHornRam
Well-known member
He needs to invest in soap on a rope.......
www.cnbc.com
Bitcoin's plunge spells trouble for the dot-com era entrepreneur who went all in
A $4 billion bet on bitcoin by software firm MicroStrategy is in jeopardy after the cryptocurrency's recent plunge.
rogerthat
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Nothing like taking out big loans to buy bitcoin. It makes you feel alive…and one with you computer! 010001111001He needs to invest in soap on a rope.......
Bitcoin's plunge spells trouble for the dot-com era entrepreneur who went all in
A $4 billion bet on bitcoin by software firm MicroStrategy is in jeopardy after the cryptocurrency's recent plunge.
It's a given type article though brief enough for some broad perspective... Take it as you will.
finance.yahoo.com
As stocks enter bear market, Wall Street holds calls to 'buy the dip': Morning Brief
Here's what to watch in the markets on Tuesday, June 14, 2022.
SAJ-99
Well-known member
Seems like a common sentiment- If Fed goes 50bps then they remain behind the curve and stocks chop lower, if they go aggressive and do 75, the stocks drop significantly faster due to chance of recession. It reflects the deep negative sentiment.It's a given type article though brief enough for some broad perspective... Take it as you will.
As stocks enter bear market, Wall Street holds calls to 'buy the dip': Morning Brief
Here's what to watch in the markets on Tuesday, June 14, 2022.
Market moving heavily toward 75 this morning on short end of curve. 90day bill at almost 1.8%.
rogerthat
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I expect to only see a 50 bps and the market marginally down on it. I don’t think this market is anywhere near bottom or heading to one in the foreseeable future. Everyone has the v bottom from the pandemic in their head. I dont think anyone should be in a hurry to get bullish in this market.
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