Post by
filoux004 on Oct 07, 2022 9:01am
Back to the salt mines
Just 10 days ago the 10 year US bond yield cracked the 4%. It was not looking good, then a glimmer of hope it corrected under 3.6% and we had the biggest 2day Rallye of the last two years. Reality check this morning, we are back over 3.90% . The swings are wild. From the Fed is coming to the end of its tightening to expect rates to continue rising well into 2023. Like I've mention before, in past bear markets you have within the correction 6 to 10 bear market rallies, ie bear traps , head fakes that suckers in back into the equity markets, we are probably at our 4th or 5th one, expect more. To use the obvious clich: Be Selective, Be diversified and don't be Aggressive. Long ret.a, CTS. Peace
Comment by
Gann999 on Oct 07, 2022 9:27am
rates in Canada going up again end of October should dampen everyone's enthusiasm a bit. Wonder how much they raise it this time? Pot stocks went bonkers yesterday after Bidens announcement should be interesting today to see what happens another leg up?
Comment by
whognu1 on Oct 07, 2022 10:04am
sold 2/3rds of my gtii at close yesterday self rule - sell some of your position in any day anything goes up 25%+ buy back at 15 and 12 good luck
Comment by
ddogold on Oct 07, 2022 2:10pm
Don't forget the black gold , the Texas Tea .
Comment by
Gann999 on Oct 07, 2022 3:26pm
back to your fear mongering again I see. Now that there is nothing left to pick on xebec about you just want everyone afraid and panicking about all their investments. There is a reason they call it mutually assured destruction if one is used everyone is finished nobody wins. Try again zebec it may be time to change your name.
Comment by
babedinkleman on Oct 07, 2022 8:20pm
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