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Re: Out in thew shop building and listening to coast to coast LOL 

By: capt_nemo in POPE 5 | Recommend this post (1)
Mon, 23 Mar 20 9:39 AM | 21 view(s)
Boardmark this board | Pope 5 		Msg. 56449 of 62138
(This msg. is a reply to 56448 by Decomposed)
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And, yes, I screwed up by moving 20% of my bonds into equities. There will be a bounce coming when the government starts pouring new money into the stock market, but that could be a couple of months from now and I don't know that it will bounce as high as 20,000.


I knew you would be the first to reply to this post DE LOOL

Any bounce will be better then holding........... IT ISN'T DONE SHITTING ALL OVER long term investors. Right now investing is not a good idea. Momentum trading is where you will make your money back. But it will be a full time job staring at the stock screens during market hours, unless you trade futures thats 24-7 during the week LOL. NO SLEEP THERE!!!!!!.....




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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The above is a reply to the following message:
Re: Out in thew shop building and listening to coast to coast LOL
By: Decomposed in POPE 5
Mon, 23 Mar 20 8:57 AM 		Msg. 56448 of 62138

Nemo:

Re: "A guy that has been trying to get on for 10 years finally did and he predicts the markets will be down 50%!!!!!!!!!!!!!!!!!!"The economy was a balloon waiting for a pin. What it got was a shotgun blast. By every measure I can see, we're in something far worse than the Great Depression. When history looks back at this, I expect it will note an 85 percent fall in the stock market. And, yes, I screwed up by moving 20% of my bonds into equities. There will be a bounce coming when the government starts pouring new money into the stock market, but that could be a couple of months from now and I don't know that it will bounce as high as 20,000. I was way premature.

Don't sell your physical gold or silver. If you've got a job, don't quit it. Not now. Not under these circumstances. I'm sure you can guess why. And grow a garden -- a big one.

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