The Lunatic Fringe - Trading talk.

[Lancers32]

 

[Jodster]

Either watch your $ erode slowly or possibly take the elevator down in an investment that goes up and down. Over time I have always lost more being impatient and pulling the trigger than just waiting. Your money your choice.

Yeah dude so why change now? BUY THE DIP!!

 

[dpong]

Yeah dude so why change now? BUY THE DIP!!

I’m long cash & emergency food.

 

[Jodster]

Biden catching a whiff of his own diaper.


View attachment 265877

Man when you look at that lineup, it’s not hard to fathom why our planet is fucked.
Maybe it’s the three vodkas I’ve had but, I often think each one of us is part of a global holographic program. Each one of us is a biological autonomous AI subroutine; an algorithm in a meat-sack body, which is intended to run for about 70 years.
But when you look at the whole AI planet of humans, some programs are inherently more advanced. Some are average. But the majority are defunct fucking code that could never be self-sustaining.
Therein lies the secret to humanity. We are AI programs that are meant to self-adapt. And we are to teach ourselves the algorithms of life and prosperity and sustainability.
But the Left and liberals are viruses in the code. We have to overcome them and beat their algorithms or we are doomed to stagnate, die off and not advance to the next realm.
The stock market is their piece of code; not ours.
Therefore we can never advance, understand or benefit from it, because it inherently does not follow the logic we see as truth.
It follows their truth because they make the rules.

 

[Cigarlover]

One more reason why you grizzled, old farts are wise to be in cash:

That was one of the better interviews I have seen kitco do.

 

[Uglytruth]

Update Vanguard statement RSX. 500 shares total cost $3253 / $6.506 per share. Price on 5/31/22 $16 for an $8000 balance. Total est annual income $761.50 est yield 9.52%.

Only problem is it is locked from trading.......... lets go brandon / ds.

 

[Lancers32]

Update Vanguard statement RSX. 500 shares total cost $3253 / $6.506 per share. Price on 5/31/22 $16 for an $8000 balance. Total est annual income $761.50 est yield 9.52%.

Only problem is it is locked from trading.......... lets go brandon / ds.

You will never get your money out I am sorry to say. How stupid is the collective West? They won't let Russia pay their debt because they have frozen their assets. Every single move is dumber than the last.

 

[Lancers32]

Be very afraid if you are long. Gary has spoken.

A Look at Energy and Gold

Energy stocks got too stretched, too far and needed to correct. I believe gold is going to hold the sub $1,800 lows and will defeat price dump attempts.

goldseek.com

 

[Uglytruth]

Every single move is dumber than the last.

Seems more desperate than the last.

Your probably right. I'm much better at losing money than making money.

 

[Lancers32]

Seems more desperate than the last.

Your probably right. I'm much better at losing money than making money.

Sucks to be right and still lose due to the stupid fcuks running the asylum.

 

[Lancers32]

 

[Jodster]

I just checked and the DOW is still slightly green? What's actually rising? Hopium and Liberal tears?

 

[Lancers32]

Only rebound I want to see is how far he bounces off the pavement after being thrown off a 20 story building.

Fauci Suffers "Much Worse" COVID Symptoms After 'Paxlovid Rebound' | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[Lancers32]

 

[Lancers32]

 

[Lancers32]

 

[Cigarlover]

View attachment 265955

Whats the cost for them for an evening. :).

GDP wasn't negative for now so market probably feels like we aren't in a recession.

What does GDP really measure? Is productivity even measured anymore? If gas was 2 dollars and now its 4 dollars GDP is higher and everyone is poorer.
I have a high electric bill. When I paid it today the girl asked if that was higher then normal. I told her it runs between 300 and 420 normally so not really. She said she just split form hubby and is in a 1 bedroom apartment and paid almost 200 for 1 month. I guess price increases are coming. Should continue to add to GDP. On a positive note gas was down to 4.50 today

 

[Lancers32]

Whats the cost for them for an evening. :).

GDP wasn't negative for now so market probably feels like we aren't in a recession.

What does GDP really measure? Is productivity even measured anymore? If gas was 2 dollars and now its 4 dollars GDP is higher and everyone is poorer.
I have a high electric bill. When I paid it today the girl asked if that was higher then normal. I told her it runs between 300 and 420 normally so not really. She said she just split form hubby and is in a 1 bedroom apartment and paid almost 200 for 1 month. I guess price increases are coming. Should continue to add to GDP. On a positive note gas was down to 4.50 today

A little bit of inflation goes a long way.

 

[Lancers32]

Daddy can't fix it.

 

[Lancers32]

FUBAR

 

[Lancers32]

 

[Lancers32]

 

[Lancers32]

100% cash.

 

[viking]

View attachment 265963

Take some time off from the Internetz, please.

 

[Lancers32]

 

[Jodster]

View attachment 266025

Got a link? I do love a good podcast when I’m working.

 

[Lancers32]

Got a link? I do love a good podcast when I’m working.

My God that was a joke.

 

[bemac]

Be very afraid if you are long. Gary has spoken.

A Look at Energy and Gold

Energy stocks got too stretched, too far and needed to correct. I believe gold is going to hold the sub $1,800 lows and will defeat price dump attempts.

goldseek.com

 

[bemac]

"I am going to be right, just like I always am." - Gary

 

[Jodster]

My God that was a joke.

Well that's it then! I'm selling my URNM

 

[Lancers32]

Biden officials privately doubt that Ukraine can win back all of its territory

White House officials are losing confidence that Ukraine will ever be able to take back all of the land it has lost to Russia over the past four months of war, US officials told CNN, even with the heavier and more sophisticated weaponry the US and its allies plan to send.

edition.cnn.com

 

[Lancers32]

Well that's it then! I'm selling my URNM

Never a good sign when a stock makes a lower high then collapses. Up quite a bit off the March 2020 lows.

 

[Jodster]

I'm calling the bottom in GDXU. My stops are about to trigger, and with my luck, it will be to da moon after I sell off.

 

[dpong]

On this monthly chart, Gold is currently outperforming the S&P 500. So, that is something, right?

 

[dpong]

I'm calling the bottom in GDXU. My stops are about to trigger, and with my luck, it will be to da moon after I sell off.
View attachment 266051

I think I see a trend on your chart. [Smiles]

 

[Jodster]

I think I see a trend on your chart. [Smiles]

It stopped out. I now no longer hold that stock. Watch and see what happens

 

[Voodoo]

Really looks like silver is hunting for a $19 handle and retest of that breakout. God, I gave up on that a long time ago as I was looking for it years ago.

 

[Lancers32]

It stopped out. I now no longer hold that stock. Watch and see what happens

Market doesn't know if you are in or out.

 

[Uglytruth]

Market doesn't know if you are in or out.

Bullshit! It hates me. I can tell. It's personal.

 

[Jodster]

Market doesn't know if you are in or out.

No but I have an innate sense for buying high and selling low. My ability to sell at the bottom is almost superhuman. Watch... :-)