Post by
metalhead666 on May 06, 2021 5:26pm
FED issues stark warnings....you'll lose a lot
No matter what you're piled into for whatever reason...when the market goes south so too will you. You can't be myopic lads and simply salivate at what you think might be...you have to consider what else might lie in store...this is a very stark warning...
https://www.zerohedge.com/markets/fed-warns-asset-prices-are-vulnerable-if-risk-appetite-declines
Comment by
metalhead666 on May 06, 2021 6:25pm
You needed to post that you were going to ignore me? Seems I stumbled on a special needs daycare not a legitimate chat board... https://www.cnbc.com/2021/05/06/fed-warns-of-possible-significant-declines-in-stocks-as-valuations-climb.html
Comment by
JCSunsfan on May 06, 2021 11:22pm
Oh there will be a correction, there always will be. It's been predicted for 6 months now. And many have been predicting for years. Gotta be nimble. Been through 1999 and 2008. Learned a thing or two.
Comment by
RobertC40 on May 06, 2021 11:29pm
Hey JC, I moved from Mesa 3 years ago, I used to go to florence for a month at a time for business....so we have something in common....besides of course...... On to Cincinnati :)
Comment by
cwDeici on May 07, 2021 9:54am
Congratulations on holding guys! Really wish I had too. :) (I'll just have to curl up with my Bitfarm)
Comment by
cwDeici on May 07, 2021 9:58am
and that's not an implication I bought more of that instead which would've been double the win. Just a clean loss of profits. Wonder what's causing this? Probably FCF and Florence expectations. Anyways, I'm out, I just like being a class act. ;)
Comment by
JCSunsfan on May 07, 2021 10:05am
Sellers determine the market more than buyers IMO. Everyone was expecting a bad quarter. That's in the books now so much less incertainty going forward. Copper up, Florence coming, positive head grades ahead this year. Not much negative going forward except the general market.
Comment by
nofluff on May 07, 2021 10:41am
Good on cw for maning up. It is copper driving the boat. It is up .13 cad since yesterday. With florence and gib 200 million pounds that adds 26 million dollars to nottom line. That is clear earnings. So times 20 is 500 million mc added today. That is nearly a 2.00 uptick stick. We moved a dime. nf
Comment by
cwDeici on May 07, 2021 3:59pm
Thanks for the tip, I'll make sure to memorize that! I keep thinking of sellers and buyers as equal forces, but fear is definitely the greater.
Comment by
BigCountry on May 06, 2021 7:41pm
There will always be risk. I like Florence because it brings our costs down, which will help if Cu slides