Posted on 05/14/2020 12:52:46 PM PDT by MeneMeneTekelUpharsin
I have my own way of trading and am only trading for someone’s else’s account (family). Have done well this past month. I have tried to help people on here, but 99.9% know it all and don’t listen. Read your PM, but don’t post anything in the public forum. You’re the .01%.
Oh no, you weren't stupid. Pulled all of my wife's out right at February 17. We missed the BIG drop that way. I did it because I saw Treasury yields go to near zero and gold spike at the same time. I knew then that the big boys were running to safety for some reason, but didn't know why. Now we know why Loeffler and others sold their stocks too, but the knew precisely why.
These markets are so hard to the navigate. Now regretting selling my gold position. So tempted to add a little bit but resisting the temptation to do so.
And again, sideways today, with the obvious trick of sucking in more money before going downwards.
It may not go down today, but it is going down. After all of this stoppage, there is no way companies can report decent earnings for probably 2-4 years.
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