FormerXBC Inc XEBEQ

The big Difference P2

[filoux004]

Fast forward to 2022 the problem is very different and lies at the bottom of the pyramid an inverted pyramid if you wish. The banks are Ok, well capitalized the problem is that millions and millions of households are falling through the cracks, drip by drip by the pressure of variable rate mortgages, car leases, margin calls utility payments and oh yes Credit cards whose rates border on shy locking. This is going to be a long long walk through the desert. Just my humble opinion, Peace

[whognu1]

yes filoux, hard to disagree with you there is such a wide range of possibilities it is hard to figure what a simple man is to do it definately 'feels' like we are getting to crunch time on the past 15 years of mismgmt and  malfeasance  but, i am usually wrong......... what i do know is that in 2008 i was about 14 years younger than today.........now, heading towards being

[filoux004]

Thanks Whognu1 for pointing out the tickers to 2 bond ETFs. Starting small positions is definitely not a bad idea , I for one still think we will see yields over 4 maybe 5% on the the 10 US bond in the not so distant future. This inflationary spiral is well Entrenched and quite frankly central bankers are ....how should we say caught between a very big rock and very hard Place. Peace

[whognu1]

no, i don't buy GIC's yes, i spent 2021 selling and 2022 not buying equities therefore, I have an unsightly amount of cash in high interest accounts (earning about 3%) awaiting the opportunity to buy shares from the panic stricken  given that the average 60/40 portfolio is down +/- 15% i think i'm doing OK (at about  -8% ytd) i hate negative returns, yet am pretty

[Gann999]

How long you thinking until kool aid is served again 5y, 10y, 20y? I notice you keep bringing up 10y bond too but it's still lower than the long term average but we are approaching it do you feel it will stabilize at that point or continue higher.

[filoux004]

Gann I do not pertain to have a crystal ball unlike a certain individual on this board. I only deal in common sense, likelyhoods and ranges. My humble opinion and using a baseball analogy (by the way you mock me last year when I stated we were only in the 3rd inning of tightening) is that we are in the 6th inning. God forbid the 10 year US bond goes over 5% the consequences would be dire. My

[Gann999]

Well hindsight is 20/20 but had I listened to you mind you only on your xbc call I would have saved at least 4 dollars per share.

[filoux004]

Hey Gann here I was thinking you got your cues (XBC) from Testradamus. Remarkable how you never bring him up in your Venting posts. With regards to hindsight I was dead bang On with the thighening cycle, and it's not Over!. All the best, a big Hug. For the record I'm long Xebec ACB 2.01$ and not adding one share until a big contract announcement and insider buying. I'm long CTS ACB 6

[Gann999]

What is there to bring up would you like me to state how utterly wrong he has been about xebec and that he and all of us for that matter ignored giant red flags and warning signs waving right in front of our face for many months. At least he kept xebec pumping to the xebec board where as you brought the xebec board cts, pkk, jk and many other unrelated pumps that's why you got mocked not

[filoux004]

Cool!!! water under the bridge. Peace. Many roads lead to Rome. For the record made $$$ with PKK , lost with JK. Remember I am a trader above all, so I gravitate to momentum and the fundamentals of a company play little role in my actions. THOSE DAYS ARE LONG GONG!!!! In the last 6 months I've traded twice. We are in capital preservation mode, ensuring enough cash to maintain our individual