Investing General Discussion

Mist said:

I'd rather have inflation ffs.

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I still have $90,000 in cash from last year I haven’t put into anything. Wen bottom.

Mist said:

Yeah that's the problem, now we're going to get inflation+recession+stock market crash vs just inflation and tendie shortages.

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Are you old enough to remember the Carter years?

Jackie Treehorn said:

I still have $90,000 in cash from last year I haven’t put into anything. Wen bottom.
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Also my question.

When bottom?

Probably once Boogeyman Pox hits the news waves.

Jackie Treehorn said:

I still have $90,000 in cash from last year I haven’t put into anything. Wen bottom.
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Look at what just popped.

Bounced right at SPY -20%

That face when you are trading blocks of QQQ and SPY worth $200m - 300m.

For those playing at home who havent jumped off a rooftop yet, the long term support level for FTEC is $89.56. That brings the price action back to The 2020 election week. That is about 7.5% away. So maybe on Monday we hit it.

Even the defense contractors are getting raped this week. No safe havens.

So maybe a time for a little perspective. QQQ at the Corona Black Monday low was about $167. As of right now we are at $282. We are still 69% above the Black Monday low. If you bought on Black Monday you are up 70% over 2 years.

Because nothing has change...

Sanrith Descartes said:

Because nothing has change...

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When turbo inflation hits we’ll be in for a shocking rally no doubt. That’s why I’m trying to shovel money into this dumpster fire.