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To: Signalman

And I’m the idiot for going full Michael Burry?

Almost completely out of stocks at the moment and am now sleeping at night. Sure, it will rebound slightly next week...followed by a lower low.

If only we could inject more money into the system via student loan debt forgiveness or something. Yeah, yeah, that’s the thing.


4 posted on 08/26/2022 1:48:40 PM PDT by Obadiah (Finishing is better than starting.)
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To: Obadiah

Yeah it’ll probably bottom at 20k. And it’ll take a year to do it.


20 posted on 08/26/2022 2:29:03 PM PDT by struggle
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To: Obadiah
And I’m the idiot for going full Michael Burry?

Same for me since about November last year. I did jump in on Target and a few others when it was selling at a nice discount, but got out of it again a few weeks back.

Other than some of the meme stocks which I've made my money several time over, then brought back at the deeply discounted rates, just to see if they'll rise again. There are a number of stocks being heavily shorted out there, and if just one or two them start to take off, it could be a catalyst for the rest, which would lead to a major opportunity in the markets since firms will need to exit other positions.

29 posted on 08/26/2022 3:27:51 PM PDT by voicereason (The RNC is like the "one-night stand" you wish you could forget.)
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