Considering that inflation indicators and employment rates
are said to be often fudged and the Fed definitely does not want
the market to crash and cause recession but running out of tricks
to keep market up, If I were a betting man, I should back up the
truck on the long side
Maybe someone should ask Powel how deep of a pullback he'll
allow here? ... ;) joke aside ... fed has been late to
step up in 08, and they've been SUPER quick to bail everything out
and prop things up year ago ...in both cases, they kept everything
alive and well ... is that me or MANY seems to think now
that they market will never go down ... ever again? lol ...
that whatever happen, the Fed will always be there ....
until it works ... there's a generation of trader
that is basically all they know now ... not saying a
crash or drop will happen, just stating what's evident to many
Will find out tomorrow. One strategy will be to put half of
account in cash and split the other half equally between :
AMZN,NVDA, and COST. Turn off computer and go to my mountain log
cabin and fish for 5 yrs.
Everyone is expecting a market
Posted by mborder1 on 9th of Jun 2021 at 03:03 pm
Everyone is expecting a market crash tomorrow. Does that mean the market will gap up? lol
Considering that inflation indicators and
Posted by mborder1 on 9th of Jun 2021 at 03:29 pm
Considering that inflation indicators and employment rates are said to be often fudged and the Fed definitely does not want the market to crash and cause recession but running out of tricks to keep market up, If I were a betting man, I should back up the truck on the long side
Maybe someone should ask Powel
Posted by mla127 on 9th of Jun 2021 at 03:33 pm
Maybe someone should ask Powel how deep of a pullback he'll allow here? ... ;) joke aside ... fed has been late to step up in 08, and they've been SUPER quick to bail everything out and prop things up year ago ...in both cases, they kept everything alive and well ... is that me or MANY seems to think now that they market will never go down ... ever again? lol ... that whatever happen, the Fed will always be there .... until it works ... there's a generation of trader that is basically all they know now ... not saying a crash or drop will happen, just stating what's evident to many
Will find out tomorrow. One
Posted by mborder1 on 9th of Jun 2021 at 03:45 pm
Will find out tomorrow. One strategy will be to put half of account in cash and split the other half equally between : AMZN,NVDA, and COST. Turn off computer and go to my mountain log cabin and fish for 5 yrs.
That actually sounds good.
Posted by lapri24 on 9th of Jun 2021 at 08:22 pm
That actually sounds good.
haha ... I like it
Posted by fredsaid on 9th of Jun 2021 at 03:50 pm
haha ... I like it ! NVDA 4:1 split is in a couple weeks.