MARKETS,Anybody even yet?

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FAA
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Re: MARKETS,Anybody even yet?

Post by FAA »

+0.55%, +0.75%, +1.1%. I was +0.70% today. An okay year if I entered July 1. Nasdaq -0.4% since then.

FAA
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Post by FAA »

-0.9%, -0.7%, -0.7%. I was -0.3% today. Bitter end to the week.

FAA
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Post by FAA »

+1.6%, +1.4%, +1.3%. I was +0.67% today.

olds442jetaway
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Post by olds442jetaway »

Small gains today, mostly offset by sqqq I am still holding. Hope to dump it by year end. Probably next market selloff. CD rates fading slightly. Traders trying to outguess the Feds next moves. Plan to dump Tesla by year end too as a write off to offset other gains.

FAA
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Post by FAA »

-0.8%N. I was -0.4% today.

wildman49
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Post by wildman49 »

Still think we got plenty of down side like in 1981-82. Nothing is exact but the past is something to go by. I would still be shorting into rallies.
cycle-1981-bear-market-620-376.gif
cycle-1981-bear-market-620-376.gif (29.98 KiB) Viewed 551 times

FAA
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Post by FAA »

-3.2%N. I was -1.25% today. I have another year of pain ahead.

olds442jetaway
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Post by olds442jetaway »

Down just a tiny bit today. I was also able to dump sqqq yesterday. It went up a bit more today. If the media had listened to Powel’s exact words and didn’t over emphasize the tiny retracement in inflation which I still think is on the rise overall, I don’t we would have had the big selloff today and yesterday. I agree with Wildman Some more pain ahead. My crystal ball is getting tired though.

wildman49
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Post by wildman49 »

Olds only 6 months of pain to go. June CPI 9.1 we dropped 2 points to 7.1 in 6 months time. By summer 2023 we should see 2 more points down and the FED will be done rate hiking. Might get rate drops in 2024 unless a market melt down pushes the fed early.

The chart above I think we are at the 1982 start of the year going into 2023.

I been just day trading, not time to buy and hold just yet.

FAA
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Post by FAA »

-1.5%N. I was -0.55% today.

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