Post by
Tan4646 on Sep 22, 2022 9:02am
Better times ahead soon,
With the FED raising rates to a reasonable level we should soon see the desired effect on spending by consumers. This will give the market some stability and the ability to generate some investment return models going forward. 0% interest rates and 3% unemployment are not sustainable. 5% unemployment and 5% mortgages are what are needed to keep inflation and at around 2%. Judging by the volume lately in the micro cap sphere we've pretty much hit the bottom and a slow up trend should be expected over the next 6 months I'll be it I don't expect to see more than a 50% gain from here for CVX by January but even that would be welcome.
Comment by
kingscorpion on Sep 22, 2022 9:34am
Finally you say something positive TAN. And yes I agree These current levels are a bargain to get in
Comment by
vinmick on Sep 22, 2022 10:36am
Is that your order on the sell side?
Comment by
kingscorpion on Sep 22, 2022 10:46am
If you are talking to me VIN No I am not putting anything on sale
Comment by
vinmick on Sep 22, 2022 10:48am
Someone is. Like it's an endless dump.
Comment by
kingscorpion on Sep 22, 2022 10:55am
No I think the market maker or makers is/are going for coffee break so between 10 and 11 am he or they put a wall on both sides of jid and ask so the price doesn't go anywhere