Mactheriverrat
3,156 posts
msg #159019
- Ignore Mactheriverrat |
5/3/2022 9:27:19 PM
Still in a muddy flooded field.
Meaning don't try to be big time Bullish or try and catch a falling knife.
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Nobody
404 posts
msg #159020
- Ignore Nobody |
5/4/2022 9:47:05 AM
Hi Mac,
Trust you're doing well. I'm trying my best to keep still just not trading period.
What do you recommend during these times?
Thanks
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Mactheriverrat
3,156 posts
msg #159021
- Ignore Mactheriverrat |
5/4/2022 11:47:07 AM
@Nobody
Doing not bad. I've made some and lost some with small positions. Very volatile markets that put downward pressure put other stocks with other pressure. Been in and out of BOIL. My saying is don't try to catch falling knives , in other words when markets are Bearish don't try and be a Bullish.
Inverse ETF's
Live to fight another day!!!
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Nobody
404 posts
msg #159022
- Ignore Nobody |
5/4/2022 1:44:57 PM
Thanks Mac
Great feedback - don't get too bullish in this environment.
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Mactheriverrat
3,156 posts
msg #159023
- Ignore Mactheriverrat
modified |
5/4/2022 3:32:45 PM
Well with the Feds doing what ever they are doing the S&P 500 Bullish percent Indicator has flipped to Bullish.
Cautious but turning Bullish
I got in on some $MATICUSD
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Mactheriverrat
3,156 posts
msg #159027
- Ignore Mactheriverrat |
5/5/2022 11:52:32 AM
Market are crap!
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marine2
963 posts
msg #159028
- Ignore marine2 |
5/5/2022 1:46:08 PM
Eventually, the bottom will be evident or at least near the bottom of the market and then with loose money take advantage of gaining back what was lost. I’ve been through many a recession and almost depression and looking at what its done to recover its losses I think if you are a long player stay the course and let your fund/equity managers do what they’re paid to do and that’s make you money. You make money it only helps their financial institution as well. Be patient and let this yo-yo market finally begin a real uptrend again. Happy investing to you all!
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