Post by
Gann999 on Jul 05, 2022 9:06am
Premarket
This year is a complete write off market is just relentlessly letting steam out.
Comment by
Zebec2021 on Jul 05, 2022 10:22am
One might say ....recessionary!!!!!!! Hey Gann....i see your vision has cleared!
Comment by
Gann999 on Jul 05, 2022 10:35am
Still think Xebec will do well but no point in trying to argue against the forces of the market can't stop it.
Comment by
Gann999 on Jul 05, 2022 11:21am
Bear markets are traditionally the best time to put money to work if you have the proper time horizon. They of course appear horrible in the moment but in hindsight they have offered the best returns if you buy during corrections so I would have to disagree it's a horrible time to put money to work. But you have to ensure you are investing in the right companies or yes you can lose it all.
Comment by
ZouZS3 on Jul 05, 2022 1:05pm
On a positive note, learning so much of the macro world since past 6 months. Never thought a general market downturn could turn into a learning experience for me.
Comment by
tony08 on Jul 05, 2022 2:47pm
I am curious Whognu You claim that it is proven that it is nonsense......do you have names, serious articles which confirm what you claim?? Is it just your feeling ? Where did you get this info? Me what I wrote in my post, I heard it on finance shows and read it in finance articles.....I can probably find the name of the analyst who wrote the article.
Comment by
whognu1 on Jul 05, 2022 2:57pm
its a market myth lots of articles discounting it i do agree tho, that for most, a buy and hold strategy works better because generally people will be too damned scared to buy back when the market looks like it is headed to zero and the bargains arrive.......... "google" works well https://seekingalpha.com/article/4333853-no-one-saw-coming-should-you-worry-10-best-days
Comment by
tony08 on Jul 05, 2022 5:33pm
Tankyou Whognu.....Nice article. I agree my post is not completely true.....But not completely false either.Trying to time yourself with the market isn't exactly good either. By reading your article, what I understand is that we must always and at all times evaluate our portfolio and ask ourselves if our stocks are overvalued or not.
Comment by
Francois33 on Jul 05, 2022 7:07pm
Not so sure why people are watching the paint drying here. Major recession as not even started, plan for 2023 AND MORE... Take a pill or go play outside, come back in 2 years... Life is very short, enjoy it !!! if not, buy now, stop mumbling about everything and wait 3-4 years. IMO Francois33
Comment by
Gann999 on Jul 05, 2022 8:26pm
Why do you care if others want to discuss daily trading nobody is twisting your arm to log on and read it all and if we do enter into a technical recession the numbers will be out that let you know in 23 days which means we are possibly already well into the recession. But the news won't start talking about it until August.
Comment by
Francois33 on Jul 05, 2022 9:33pm
Just passing by once in a while... Same old BS. But don't worry, like you, I am waiting for better days... But not tomorrow. Try to enjoy your summer and sleep little bit... *** Love your 5K likes... LoL Francois33