So I just bailed out of this market

[zdreg]

zdreg said:
His boys are the Good Fellas at the local barber shop.

Those might be better friends actually.

It depends what you want out of life.

 

[murray t turtle]

Strange because everyone around me is a bear. Inverted yield curve etc.

%% Good point = [SPY, QQQ+ related ]-LOL
But it looks like the bears did make most of the money on GE, TSLA . BUT if the bears took 80% of of GE, GE maybe have gotten sold out LOL??

 

[dozu888]

My pro boys say your pro boys are wrong. The smart money is in checking accounts and the snakes are trying thier best to get that checking account money before they pull the rug out from under every long. They're desperate to fuel this market and will use every trick to get you in....no commission trades? Trying to sucker in the millennials.

lol your boys suck... in checking account since when? missed how much of the rally already? will miss more in a few months.

zero comm is not relevant..

 

[destriero]

lol Duzo cashes checks at walmart. #baller

 

[vincentnyc]

oh yeah...my pro boys are my left nut.

 

[Nine_Ender]

People can speculate all they want about what markets will do, but the idea that everything is hugely overvalued at this point is just wrong. There are numerous big caps in Canada and the US that are oscillating anywhere from fairly valued to cheap as people sold them on trade war fears. There are also sectors like Oil in Canada that are at bargain basement prices totally discounting a rebound. If you care about "value", you can buy it.

 

[Nine_Ender]

I think a plunge before the rise.

Recall this event at the end of last year?

I know that the unwashed masses tend to have short memories... but not us.

The fact there was a 25% correction last fall actually makes it less likely we get another one at this time.

 

[zdreg]

The fact there was a 25% correction last fall actually makes it less likely we get another one at this time.

That is faulty logic. If a Delta plane just crashed it doesn't means that the next Delta flight has less of a chance to crash then it normally would.

 

[dozu888]

People can speculate all they want about what markets will do, but the idea that everything is hugely overvalued at this point is just wrong. There are numerous big caps in Canada and the US that are oscillating anywhere from fairly valued to cheap as people sold them on trade war fears. There are also sectors like Oil in Canada that are at bargain basement prices totally discounting a rebound. If you care about "value", you can buy it.

my view is it's not even oscillating... AAPL can sell corp bonds yielding 2% buy back stocks yielding 5% to get 3% for free... this is widespread in the sp500.... posted a few days ago when all said and done AAPL is a $1000 stock considering the earning growth and reduction in floating shares.

europe has great value too, once we get a bit past their uncertainty..

people thinking 'expensive' has a limited view without historical context.. when gov bonds yielding 6%, yes SP is expensive at forward 19 times.... but we are at 1.8%.... different game.

 

[Overnight]

The fact there was a 25% correction last fall actually makes it less likely we get another one at this time.

Wrong on two fronts. Last fall/ winter we barely hit 20%.

The fact that is happened a year ago does NOT make it less likely that we will see it again "this time".