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  1. countryBoy641

    TSLA Crashes to $5 per Share

    The original chart (the OP) is wrong. Stocks like that trade in percentage terms: "I'm up XX percentage in my Tesla shares." No professional Money Manager will say "We are up 150 bucks on Tesla" Maybe it has a H&S top, but it is really a small top. (I'm no fan of EVs)
  2. countryBoy641

    Looking for Long term trading ideas

    I like looking at charts. Stockcharts has data from way back. It's in the subscription levels. Important concept to embrace is the word "Pendular" or phrase "revert to the mean" Here's fifty years of 100 day Simple Moving Average, Arithmetic versus Logarithmic. $SPX versus $CRB (Commodity...
  3. countryBoy641

    The market has switched from inflation theme to recession theme

    Just wondering ... If a person who has worked and paid into Social Security or Medicare benefits. I think so. But I am not a lawyer.
  4. countryBoy641

    The market has switched from inflation theme to recession theme

    I'd guess you are younger than 65. And you haven't actually requested medical procedures covered by Medicare. Most health care providers have staff who are somewhat expert on Medicare benefits. It's very seamless. (no idea about people claiming bankruptcy). When people say "limited coverage"...
  5. countryBoy641

    The market has switched from inflation theme to recession theme

    I think that is mostly the untallied burdens on safety net programs of Social Security and Medicare, the latter being the biggest budget buster. Not even close. Compared to Medicare, Social Security is a tiny nickel and dime program. And of course, there are people who even now want to expand...
  6. countryBoy641

    Could Elon Musk be fired from tesla ?

    Yes, but all these cars would have 15 gallon fuel tanks if they were not electric. If large diesels (300 gal fuel tank) were converted to electric, how much would that battery weigh? Would there be any room left for cargo?
  7. countryBoy641

    Could Elon Musk be fired from tesla ?

    That's right. Electric cars are one thing: replace a 15 gallon fuel tank with a lithium battery. But trucks and tractors are something very different: replace a 300 gallon fuel tank with a lithium battery.
  8. countryBoy641

    The market has switched from inflation theme to recession theme

    No I don't think so. "Inflation is always and everywhere a monetary phenomenon" Milton Friedman The inflation surge is already in the cards. $30 Trillion of direct U.S. Treasury debt + ~$100Trillion of future entitlements already promised. There is no "jawboning" that the FED can do to reverse...
  9. countryBoy641

    The inflation trade - the FED says they are going to kill it. When?

    Certainly not killing it now. Dr. Copper has some mojo from way back. FED thinks copper will come down in a housing slump. But what if we have a housing slump and the price of copper does not come down? Daily bars:
  10. countryBoy641

    $SILVER bottoming

    Hey pal, I got registered Series 7 in 1982. What year did you get registered ?? My BS meter is banging. You are a big fake.
  11. countryBoy641

    $SILVER bottoming

    Yup, thats what I thought, re, mr. SunTrader. All hat, no cattle, anpther BS artist. If you can't document what you are talking about, Just stay out. Dont say anything.
  12. countryBoy641

    $SILVER bottoming

    Have at it Mr. Sun. OK, explain to me the correct way to draw Andrews Pitchfork. To do this, I have to tuck all my hubris into my sock drawer. But it's a good exercise. See who can learn what.
  13. countryBoy641

    $SILVER bottoming

    So the TA criticisms already here. I don't care. I'm up 26% on this trade, 2 months and a few days. Do the charts any way you want. The challenge is between me and my CPA accountant. And not between you and me.
  14. countryBoy641

    $SILVER bottoming

    Two month check up. The swing trade is working great. PSLV is a silver bullion ETF, guy's name is Eric Sprott. Supposed to be one of the safest Silver ETFs. Supposedly they have a lot of physical metal, not just junkie "paper silver" For non-TA folks, this is called "Andrew's Pitchfork". TA...
  15. countryBoy641

    I need some serious advice and help on day trading FOREX

    If I were to start out today as a trader, I don't think I would pick FOREX to trade. Those are all Professional traders, and they gossip like old ladies. And big "Good Old boy" network. Meaning that, you will almost always be the last one to get the latest bit of news. Precious metals are...
  16. countryBoy641

    Who lies more, & is more detached from reality: SBF or Jerome Powell?

    I had seen a pic of SBF on the web site of the World Economic Forum. (since scrubbed) So he's buds with Klaus Schwab. Maybe - The New Digital Currency for the New World Order. With a generous helping of grand larceny along the way. The reason this guy is not in an orange jumpsuit is because he...
  17. countryBoy641

    t-note coupon pay date

    Buy confirm should show "f\c".
  18. countryBoy641

    VOTE - have we seen the lows in 2022/2023 period, or lower lows to come?

    Last month's high on the 10 year Treasury was 4.33% I think that high will be surpassed. Equities are still too expensive standing next to 5.00% treasuries.
  19. countryBoy641

    Treasuries backing up.

    Yes, for me price is just the HLC bars or candles. I use only yield charts for bonds. Stock charts has a lot more of those than price charts. Final bar is today (highlighted in yellow - not yet closed) Yield is moving higher today. up 19 today (1.9 basis points) as of an 30 mins ago. Yes, you...
  20. countryBoy641

    Treasuries backing up.

    Pos Div mean price is going in one direction (new Low) but not confirmed by same move in an indicator. One of the best PosDiv signals is from RSI (5) period.
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