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The Water Cooler
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Stock Market… this isn’t good IMO
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<blockquote data-quote="Cowbaby" data-source="post: 3796935" data-attributes="member: 46875"><p>Sorry, let me rephrase. I was in all commodity Stocks not futures. Commodities are where its at for a while but quite a few as you know have had some pretty incredible runs already. It is just in a bad bear market like this where people are prone to sell and ask questions later even the most defensive issues can get your face ripped off.</p><p>I'm not seeing a bottom in this thing with Biden's stupidity and them raising rates to try to get ahead of inflation like say Volker would do. Only one tiny problem, with a 30 trillion bar tab run up your about out of room to do much. It would have to show me at least a 3-4 week uptrend to even think about trying to pick a bottom in something like this which is terribly hard to do at any time., No worries I live to play another day.</p></blockquote><p></p>
[QUOTE="Cowbaby, post: 3796935, member: 46875"] Sorry, let me rephrase. I was in all commodity Stocks not futures. Commodities are where its at for a while but quite a few as you know have had some pretty incredible runs already. It is just in a bad bear market like this where people are prone to sell and ask questions later even the most defensive issues can get your face ripped off. I'm not seeing a bottom in this thing with Biden's stupidity and them raising rates to try to get ahead of inflation like say Volker would do. Only one tiny problem, with a 30 trillion bar tab run up your about out of room to do much. It would have to show me at least a 3-4 week uptrend to even think about trying to pick a bottom in something like this which is terribly hard to do at any time., No worries I live to play another day. [/QUOTE]
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