MARKETS,Anybody even yet?
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- Video Poker Master
- Posts: 1324
- Joined: Fri Oct 05, 2012 10:45 am
Re: MARKETS,Anybody even yet?
Looks like yesterday was a gap and trap. Gold all time highs, Disney parks all time lows at the gate, Vegas very empty, Oil hitting lows. All signs of a big sell off coming. AI trade can't prop up the market forever.
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- Video Poker Master
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- Joined: Mon Apr 29, 2019 8:24 am
AI is the epicenter, as I see it. The financial shenanigans are in your face. They're repeating the vendor financing thing that blew up 25 years ago. Basically the companies are passing around the same money.AI trade can't prop up the market forever.
In that bubble, CSCO in a 3-year span went from 10 to 50 to 10.
Lucent peaked at 84 and dropped to 2. Nortel market cap went from 398b CAD to 5b.
I can see the inevitable, but I don't know whether it's imminent. Trump in my opinion is a lunatic on the scale of FDR. FDR did a lot of crazy stuff, but didn't take office until 1933 with the bear market already well in progress.
I assume Trump believes he's bigger than the market, and will attempt to repel a downturn. We only have to limp through 2 and a half more months to achieve a strongly green calendar year.
In the immediate now, bitcoin and silver are both falling hard from their 24-hour peaks. Stocks are red, but not sharply.
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- Video Poker Master
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Down day so far, but I think it may pick up later. For now, I just added to my position on SVOL.
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- Video Poker Master
- Posts: 1324
- Joined: Fri Oct 05, 2012 10:45 am
I been in and out of RDDT for the last week buying under 200 selling over 200
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- Video Poker Master
- Posts: 1910
- Joined: Mon Apr 29, 2019 8:24 am
I hate dividends.olds442jetaway wrote: ↑Sat Oct 11, 2025 12:24 amProbably won’t buy anything with less than a 4 percent dividend.
Had a 48 buy target on GIS, but that's obsolete because they just paid 61 cents so now I have to wait for 47.40.
I guess I need to start putting dates next to my targets any time I do a divvy adjustment.