karennma
8,057 posts
msg #150354
- Ignore karennma |
1/16/2020 10:59:21 AM
Read David Larew's tweets - re: "Bubble Land" ...
Taunting this market ...
I can tell he's been following markets a lonnnnnnnnnnnnnng time.
He says he'll get out when the MAs flip direction.
I'm not that fast.
So, I'll just sit in the peanut gallery and ... gripe.
BTW, I'm totally convinced, this was part of Prz T's plan - making America great again.
Every time someone bashes the Prz, all I have to say is, "how's your 401K doing?" -- and that'll shut 'em up quick.
Altho' I did have some @-hole tell me, "this is Obama's bull market".
We got in an argument.
Needless to say, I don't speak to him anymore.
Some people are just too stupid to converse with.
Wasting my breath.
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karennma
8,057 posts
msg #150355
- Ignore karennma
modified |
1/16/2020 11:12:09 AM
I also want to bring to your attention that the VIX has not been @ 10 since .. (edited) for a long time.
This is strange to me ...
Every week, we hit new highs, but the VIX doesn't react.
Larew's tweets are must reading.
NO ONE is buying puts.
No one is hedging.
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karennma
8,057 posts
msg #150356
- Ignore karennma |
1/16/2020 11:28:16 AM
This kind of euphoria will keep me in the peanut gallery.
CLICK
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klynn55
747 posts
msg #150357
- Ignore klynn55 |
1/16/2020 11:32:33 AM
trump,again and the economy, huh: google "Obama and the stock market" Forbes article(a conservative mag)will tell you the S and P index went up 252% under Obama, the market goes up when earnings go up, earnings go up when companies do well, and don't forget where the economy was when obama took office,
trumps economy is merely a continuation of the beautiful weekly incline of the chart of the S and P index.
what a beautifull incline it was!
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klynn55
747 posts
msg #150358
- Ignore klynn55 |
1/16/2020 11:33:22 AM
cant fight the chart, karen
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karennma
8,057 posts
msg #150359
- Ignore karennma |
1/16/2020 11:34:59 AM
E-U-P-H-O-R-I-A-!
Oh L*rd!
I can't believe someone actually said this ...
"Pretty soon, a 100 pt day UP will be considered a pullback."
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klynn55
747 posts
msg #150360
- Ignore klynn55 |
1/16/2020 11:36:39 AM
oh ,and guess why your 401 did not go up under Obama , you had a bad manager, one that shorted the black president.
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karennma
8,057 posts
msg #150361
- Ignore karennma |
1/16/2020 11:41:33 AM
@ klynn,
If you're IN, good! I think you've been IN since Obama (and NOT trading).
NOT trading is even better because that IS a helluva "wave" to ride from 2010 to now.
Sadly, I learned my most important lesson late.
The things I could've bought and held, I'm not gonna buy now .. at "all time highs".
But for those of you who got in early and STAYED IN?
Party on!
$$$$$$$$
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klynn55
747 posts
msg #150362
- Ignore klynn55 |
1/16/2020 11:46:29 AM
argue with the chart, that great s and p incline from 2009 to 2016 , do you doubt the chart?
whether im in or out doesn't matter , the chart holds the truth! what an incline!
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karennma
8,057 posts
msg #150363
- Ignore karennma |
1/16/2020 11:49:01 AM
The other sad thing is being "old" ....
When you're past 70, the gov't requires that you WITHDRAW funds from your 401K.
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