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  • That's why I'm out. There is no end game, IMO. This has to be fixed outside of the market and I got too nervous about what that entails for retail investors. They will always be last on the list, if o

  • Rusty Shackelford
    Rusty Shackelford

  • I'm not a financial advisor. This is not financial advise. I don't work in finance. I do not have a degree in finance. Actually, I have a BA and I'm bad at math past Cal I. I won't apologize for the l

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Stories like the 20 year old do nothing for me. What's the difference between that and someone winning the lottery?

3 minutes ago, FirstTimeCaller said:

Stories like the 20 year old do nothing for me. What's the difference between that and someone winning the lottery?

No kidding. You seldom here the millions of stories about people who have lost everything in the market. Except in the Stonk thread. 

Edited by TonyTexas

1 minute ago, TonyTexas said:

No kidding. You seldom here the millions of stories about people who have lost everything in the market. Except in the Stonk thread. 

Raises hand in IBRX….

 

Bed Bath and beyond now looking at restructuring so I think the people who got out are the only ones who will “win”.  Hiring a restructuring law firm is usually step one.

Crazy Uncle Warren gets approval to acquire up to 50% of OXY; he must really like Vicki Hollub

2 hours ago, Wally Fairway said:

he must really like Vicki Hollub

He must be going full senile because she is a fucking idiot.

12 hours ago, TonyTexas said:

No kidding. You seldom here the millions of stories about people who have lost everything in the market. Except in the Stonk thread. 

There's some nutso loss porn on wallstreetbets from BBBY bagholders who missed the pump and got dumped

5 hours ago, Wally Fairway said:

Crazy Uncle Warren gets approval to acquire up to 50% of OXY

Counterpoint 

 

Kraft Heinz

Some market gurus are starting to worry that the summer rally on Wall Street may be starting to fizzle, after stocks lurched from oversold to overbought.

Gene Goldman, chief investment officer of Cetera Financial Group, explained that stocks are likely headed for a pullback, even though the economy is in better shape than many Americans might recognize.

“There’s been plenty of great news, but the market needs a little bit of a pause. We’ve moved a little too fast, too quickly, right now,” Goldman said in a phone interview with MarketWatch.

To support this view, he pointed to a handful of reasons that Friday’s slump in stocks might continue into next week, and possibly longer — even though he remains bullish on stocks over a longer time horizon.

https://www.marketwatch.com/story/here-are-5-reasons-why-the-bull-run-in-stocks-may-be-about-to-morph-back-into-a-bear-market-11660942705

 

im-607270?width=700&height=487

21 hours ago, Captainant said:

There's some nutso loss porn on wallstreetbets from BBBY bagholders who missed the pump and got dumped

Yeah of you're ever feeling bad, just peruse wallstreetbets. You'll find some poor fuck with tens of thousands in debt that's lost hundreds of thousands in the market and now has $500 to win it all back with.

 

17 hours ago, B00M said:

has $500 to win it all back with.

 

So youre saying theres a chance….

Ouch

(but I do own more BRK.B calls - so I got that going for me; and I'll pick more up if it continues to fall.....waiting a couple of days to verify)

5 hours ago, Wally Fairway said:

Ouch

(but I do own more BRK.B calls - so I got that going for me; and I'll pick more up if it continues to fall.....waiting a couple of days to verify)

Put an order in at 20% lower, you may just get your wish.  

22 minutes ago, Trey3216 said:

Put an order in at 20% lower, you may just get your wish.  

I still have some open orders for calls, if the hit great....if not then the ones I have are going up in price (at least that is how it is supposed to work)

Looks like Powell put a bullet in the Pivot Rally. Prepare for the next leg down.


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Lol. What did the market expect to hear? "Eh, inflation is still 9%, but it went down slightly this past month. I think we're done here."

Lol. What did the market expect to hear? "Eh, inflation is still 9%, but it went down slightly this past month. I think we're done here."

Still a lot of money on the sidelines that got suckered into the rally by some positive earnings reports and a “peaking” of inflation so the Feds gotta let up soon right? Oh and Cramer said the bottom of the bear market was set by June lows. Ha!


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On 8/22/2022 at 10:35 PM, Wally Fairway said:

I still have some open orders for calls, if the hit great....if not then the ones I have are going up in price (at least that is how it is supposed to work)

Market is ready to capitulate, all my orders for calls have now filled

On 8/31/2022 at 5:06 AM, Wally Fairway said:

Market is ready to capitulate, all my orders for calls have now filled

Pretty much nailed it, again 

I didn't want that money anyway

 

43 minutes ago, Wally Fairway said:

Pretty much nailed it, again 

I didn't want that money anyway

 

You have an impressive sense of timing.  I am starting to believe.

Ust yields are coming back with a vengeance

Edited by 52-80

On 8/31/2022 at 2:06 AM, Wally Fairway said:

Market is ready to capitulate, all my orders for calls have now filled

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8 minutes ago, Sbbruin said:

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I'm not doing shit on margin

While I recognize I'm stupid, I am not crazy

 

Markets got they teeth kicked in this week. All the bears that have been asking for the Fed to bring the pain got their wishes granted.

The beatings will continue until morale improves..

 

Even my “safe” account which is mostly cds, conservative bonds and cash has taken an ass kicking this week.  Down about one percent over the past month.  
 

And my 401k is approaching pre COVId levels.  Good thing I was only thinking of retiring soon.

14 hours ago, Parliament said:

Is it time to roll my S&P500 to BTCN?

Bitcoin always needs a new sucker to fund exits for older hodlers, go for it!

It's a penis.

And it’s bending over the bulls. Balls deep, no lube.


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On 9/2/2022 at 2:49 PM, Incredulity said:

Nice head fake today.

furck

This is getting old real fast

5 hours ago, Incredulity said:

This is getting old real fast

We could just continue the slow bleed down, but think we may have one squeeze before the bigger drop comes. Guess we will see. 

On 9/3/2022 at 12:50 AM, Hefeweizen said:

The beatings will continue until morale improves..

 

Even my “safe” account which is mostly cds, conservative bonds and cash has taken an ass kicking this week.  Down about one percent over the past month.  
 

And my 401k is approaching pre COVId levels.  Good thing I was only thinking of retiring soon.

pretty vicious week its been.  UST bonds getting mollywhopped.

6 minutes ago, BehoId, The Underminer! said:

my favorite part of investing is watching my money disappear

It was always about the friends you made along the way.

8 minutes ago, BehoId, The Underminer! said:

my favorite part of investing is watching my money disappear

Burning Money GIFs | Tenor

This is the new Fed meme, replacing the money printing machine
(someone should put J Powells face on one of the guys shoveling)

Well done.

 

An improved meme would be a printer that prints money directly to the furnace. 

8 minutes ago, BehoId, The Underminer! said:

An improveder meme would be a printer that prints money with my face sniffing it like fresh baked cinnamon rolls before it slides directly to the furnace

Even betterer: A printer that prints money with your face sniffing it like fresh baked cinnamon rolls before Jeff Bezos consumes it and shits it into the furnace.

20 minutes ago, Cheeseweasel said:

A printer that prints money with your face sniffing it like fresh baked cinnamon rolls before Jeff Bezos consumes it and shits it into the furnace.

Season 3 Ugh GIF by Parks and Recreation

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