Post by
mtlmoneyman on Sep 23, 2022 9:26am
Still not the time to buy
With more interest increases its still not the time to buy-
inflation is still high and oil will rebound and inflation will go higher and there will be more lay offs-
time to add more cash and sit on the sidelines-
enjoy your day
Comment by
johnney on Sep 23, 2022 9:28am
We're not finished with the markets dropping!!
Comment by
vonSachsenanhal on Sep 23, 2022 9:42am
Money, are you a complete idiot? You were telling everyone just a few days ago that it was a great time to add to their positions and that you had just bought more yourself. Now you're back with more great advice we should follow?
Comment by
johnney on Sep 23, 2022 9:51am
You're right! He did mentioned this!
Comment by
clubhouse19 on Sep 23, 2022 9:49am
Oil is not the issue as recession looms and oil demand will keep on plummeting. Recession as an impact all the way around and as they say. a lowering tide lowers all ships. Inflation not a real issue for the Bomber IMO...recession is though!
Comment by
vonSachsenanhal on Jan 03, 2023 12:16pm
Here's an example of MMM's trading prowess. "Add more cash" and "sit on the sidelines," he told us on Sept 23, 2022 . On that day, the Bomber closed at $26.37, about half its current price!
Comment by
Nordico on Jan 03, 2023 2:09pm
One can do quite well doing the opposite of what MMM says, lol
Comment by
johnney on Jan 03, 2023 3:53pm
have to do the opposite of what he's saying!