RE:RE:RE:RE:RE:RE:RE:Does anyone have a concern about@masfortuna Way to pull up a chair. Now what I asked was for thoughts on BTE sp performance given a sell-off in the boarder indexes. So that could mean some might see a sell on over value and growth while possibly leaving commodity and inflationay stocks untouched or that risky assets will sell off. Or some might see no market sell-off at all. Others may think the S&P500 is going to the moon. I provided some points and technicals on why I see risk on the horizon.
Asking a question doesn't mean I'm "looking for advice". I'm simply interested in varrying perspectives... and I do make the assumption that intelligent people are interested in discussing ideas and viewpoints that ultimaltely help us all protect our captial by expanding our thinking. I mean isn't that what this board is ideal for?
or is it limited to simple people cheerleading their one and only view b/c the sp is green or that oil is up or down with no thought to much else? It's interesting how people respond isn't it? Usually there is no meaningful reply but only snickering to anyone who could dare show themselves to be so "stupid" to consider market nuances, leading indicators and finacial vulnerabilities. What a joke.
There are a few exception such as guys like @BSW and @Eigen and @patient4now etc. who probably appreciate being faced with contrarian ideas b/c it tests their own views which they can reply with better reasoning or alternate ideas or may even agree! It's why I don't have anyone on ignore. Even the clowns here are on my feed.
Your example of future rain and asking a stranger if one should buy an umbrella followed by the statement that there was no valid question to begin with reveals your talent in repeating disjointed analogies and asinine one-liners (which you likely thought were clever when you heard them and think you're witty when you drop them).
If you can't find the question after one has been asked, the limitation you encounter may be on your end. Just a thought. And @BSW navigated himself well enough and he's a gentlemen for taking the time.
You haven't provided much in this exchange other than to say you can't find the question and that if there were one somone on the board would try to provide a valid opinion. And to end it, you suggest if one sees oil in trouble one should sell. Bravo! Bravo! I think @BSW and I have this conversation covered. Next time feel free to put in some effort, join the conversation and bring value. Provide some links, articles, make meaningful couter-arguments to a view that you can actually articlate. You could debate long term inflation vs. transitory and the related impact or ague that Evergrande is not a signal of a much deeper problem within China's finacial system and how this won't lead to vulnerabilities around the oil price. The world is your oyster @masfortuna!
masfortuna wrote: Np Snowy. Here is my better:
When you post that you think that in the future you believe the market will correct and therefore you are asking the board if we should start making preparations for it, it is the equivalent of stating that you think in the future "it will rain" and asking a stranger if you should buy an unbrella. There is no answer to your question because you didn't pose a valid question.
On the other hand, if you are asking whether we think A) will Evergrande cause a market correction that will impact the sp of BTE in particular and oil in general (for example), then somebody on this board will definitely try and provide you with a valid opinion.
The only advice I can give you based on your post is that if you are very worried and you truly believe that oil is in trouble, then you should sell. It wasn't meant as a silly comment. Just concise...
Mas
FYI- I am thinking the indicators are showing the opposite. Oil may correct ever so slightly in the near term, but will come back with a vengeance...