DreamboatAnnie's Account Talk

Seems to be the trend lately that when JPow speaks . . . . . . .
(I don't envy that dude one bit !!!)

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Love the video Epic! But those cars do look like I feel! Badly BENT! Well...another day and another dollar to make up this year. But it is Friday, so things are looking up! :smile:
 
Shitepoke, I feel the same way. Was thinking about getting out today, but decided to stay in... Will reconsider next week. Market is just in a downtrend due to inflation. I am not seeing that anyone is taking action to remedy that, so think inflation and yields continue going up (and market going down). I am thinking to exit on next bounce and hope it doesn't drop after noon. Will see... wish I had exited when I saw price low basing. DOW down 581 pts right now so hope for a bounce next week if fear decreases. Then again, I would not be surprised to see a much bigger drop... Crossing fingers...
 
Shitepoke, I feel the same way. Was thinking about getting out today, but decided to stay in... Will reconsider next week. Market is just in a downtrend due to inflation. I am not seeing that anyone is taking action to remedy that, so think it inflation and yields continue going up (and market going down). I am thinking to exit on next bounce and hope it doesn't drop after noon. Will see...

I read somewhere today, I think CNBC, that Powell said a .5% hike was coming in May. Suggested by one of the quoted sources, a more aggressive rate hike (or hikes) on the front end of their moves to bring down inflation would allow them to reduce rates later after they break something.

They will break something unless it's different this time.
 
Market is in a downtrend due to inflation. I am not seeing that anyone is taking action to remedy that, so think inflation and yields continue going up (and market going down).

Probably got a 2 year wait before anything like that happens. We're just all "Collateral Damage" to those steering the ship at the moment. They just don't care. Things could change I guess, but I have no confidence what so ever in that happening in the near term.
I'll keep my fingers crossed just in case though.:disappointed:
 
Good video Cedarpine! Thank you :smile:

Yesterday's Grok trade video was good towards the end when d7 started talking about overall market. He seems to think market could go up some, but overall headed to a large drop. He was not a bit off yesterday. But I do like his analysis.
 
Charts. I will likely reduce exposure, if not fully exit today. Just seems its grinding down. Apple and Microsoft don't report until after bell so maybe tomorrow will be better, but who knows. I need to stop the bleeding.

01 - S FUND - DWCPF DAILY.png

02 - C FUND - SPX DAILY.png

03 - I FUND - EFA DAILY.png

04 - F FUND - AGG DAILY.png
 
Put a fork in me. I am done! I don't care if it goes up tomorrow. Exiting to safety of G. :( I do think Covid is affecting China, adding to supply issues and inflation continues.

Licking my wounds....tis a sad, sad day! :(
 
Very smart of you Joblin! I thought to do the same but did not want to exit during a "big" drop, but as I was only trying to exit on a bounce, due to my expectations about this market, it makes sense for me to just exit and not worry anymore. Live to fight another day. I really do not want to enter again for quite some time! :smile:

Maybe I'll just go nibble on some juicy bugs! Bugga-ga-gaahh...bugga-ga-gahh. :rolleyes:
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I don't blame you for getting out. Grinding lower yes. However...on the flip side...hoping for a good finish through Friday to finish a dismal month. Wonder if May will be as ugly. Hmmm. S fund does look a quite oversold. I will hold until Friday and then see what to do...my guess would be a good start to May when everybody expects it to be just as ugly as April. I will go opposite to the market and stay the course for now. Buy low and sell high...did not exactly work to my favor this month. :sick:;damnit
 
Agree Felixthecat! It very well may increase tomorrow as well as there has been a tendency of market going up last few days of month, and even first few days of month when good service and manufacturing numbers come out including ISM PMI numbers. However, with GDP numbers in the tank today, I am a bit surprised market is not down.

I plan to stay out for a bit. I am doing well at timing during this market downturn. Will see how this goes. Reviewing my bear strategy...again! I obviously did not follow some of my rules. I may just need to concentrate on fixing me! Lol...:rolleyes: :cheesy:
 
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