Money Investing megathread extravaganza - Page 833

**DaFace** · 06:35 PM

A place to talk about investing stuff.

**petegz28** · 03-04-2022, 08:49 AM

Unless we get some kind of buying or short covering or something, there is absolutely little to like on the charts right now. The only ray of hope is we could possibly be setting up a head and shoulders bottom.

But the down trend strength is really strong right now and the market internals suck!

edit: We bounced right off the 20 day Linear Regression line on both the SPYs and QQQs. Morning could be interesting.....

**Buehler445** · 03-04-2022, 01:36 PM

Quote:

Originally Posted by petegz28

Unless we get some kind of buying or short covering or something, there is absolutely little to like on the charts right now. The only ray of hope is we could possibly be setting up a head and shoulders bottom.

But the down trend strength is really strong right now and the market internals suck!

edit: We bounced right off the 20 day Linear Regression line on both the SPYs and QQQs. Morning could be interesting.....

Yeah, the grains backed up some. I figure guys aren't wanting to be too heavy over the weekend. I thought maybe the inverse would happen in stocks. It appears not to.

**lewdog** · 03-04-2022, 01:38 PM

Max pain!!!!

MTG#10 · 03-06-2022, 04:33 PM

Quote:

Originally Posted by scho63

I'll bet you a LIFETIME ban that I'm telling the truth.

I'll prove it and if I am telling the truth. you leave forever.

If I'm lying I'll leave forever.

You got any ballls big mouth???

Don't you have a whore your fatass needs to go pay? Greasy bundle of sticks.

**Rain Man** · 03-07-2022, 01:22 AM

Quote:

Originally Posted by Hog's Gone Fishin

I'm wanting to know how the price could be in the mega millions ???

My hunch is that they do reverse stock splits and then people see that the stock is a buck or two and buy it because it seems cheap, and then they reverse split again and the process repeats. It looks more like a psychological trick on penny stock investors than anything else.

This web site doesn't think much of them: https://seekingalpha.com/article/434...r-u-s-exchange

It looks like they just do massive stock issues frequently to get people to buy in, even though it's not creating value. It dilutes existing stock holdings and then they reverse-split back to some level of capitalization and everyone who bought stock loses most of their value through dilution: https://www.fool.com/investing/2020/...s-are-buy.aspx

scho63 · 03-07-2022, 04:43 AM

Quote:

Originally Posted by scho63

I think the market is ignoring some upcoming strong headwinds.

Quote:

Originally Posted by scho63

Oil will most likely spike to $125-130

Didn't expect the invasion.

Once it happened, knew it's going to be ugly.

Next stop $135-140 for oil. This could blow up to nearly $200 a barrell as there is no resistance left

scho63 · 03-07-2022, 04:47 AM

Quote:

Originally Posted by MTG#10

Don't you have a whore your fatass needs to go pay? Greasy bundle of sticks.

Already paid your Mom and sister $5 each for two blow jobs and a rim job.

Wanna bet your existence on CP?

You have no balls, just a big bullshit mouth and a loser strategy.

Gonna take the bet pussy?

scho63 · 03-07-2022, 07:06 AM

This morning on CNBC Worldwide Exchange, a Wedbush analyst took a blowtorch to Cathy Wood and her Ark Funds. Called them complete garbage and that she had the worst strategy as a portfolio manager, trying to catch falling knives by keep buying in as the tech wrecks kept dropping by 30-40-50% or more.

It was the most brutal attack from one Wall Streeter against another since Carl Icahn went after Bill Ackman over Herbalife.

Basically said she did nothing to protect her clients assets in a tough market and made it worse by an overly risky strategy.

**Buehler445** · 03-07-2022, 07:32 AM

I hedged wheat too early. If you want to look at madness in a market look no further than the Kansas City Wheat. There is a bunch of wacky ass shit going on both on the board and locally.

KCUnited · 03-07-2022, 07:49 AM

Not sure who in here was floating the prospect of energy stocks but I took a flier on XLE in the mid 60s.

So thanks!

scho63 · 03-07-2022, 08:21 AM

Quote:

Originally Posted by Hog's Gone Fishin

We're reliving 2008, that's the year that did me in with $8 cornHOLE.

FYP

**Buehler445** · 03-07-2022, 08:25 AM

Quote:

Originally Posted by Hog's Gone Fishin

We're reliving 2008, that's the year that did me in with $8 corn.

2008 was the year wheat went nutty. 2012 corn went to $12, so be glad you didn't have to stock up on that shit.

But even back in 08, the elevators would still offer a bid on the July contract for wheat. My coop and Garden City Coop are the only elevators still offering bids on the July contract. Everyone else has moved to the Sep (ginormous inverse carry) or offering no bid at all.

A broker told me there was an end user that was trying to buy wheat, delivered like now, of the July 2023 futures. Nevermind that that is 20% off the July market.

That shit didn't happen in 08.

**Buehler445** · 03-07-2022, 08:26 AM

Quote:

Originally Posted by KCUnited

Not sure who in here was floating the prospect of energy stocks but I took a flier on XLE in the mid 60s.

So thanks!

Yeah, I bought some Oneok that I made a little money on. It wasn't outstanding money, but it was green. Unlike the rest of my brokerage account.

neech · 03-07-2022, 09:05 AM

Quote:

Originally Posted by KCUnited

Not sure who in here was floating the prospect of energy stocks but I took a flier on XLE in the mid 60s.

So thanks!

Seems like a good idea to me.

**petegz28** · 03-07-2022, 09:51 AM

QQQs down yet another 2% this morning. SPYs not far behind.

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $6899	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
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03-04-2022, 08:49 AM	#12481
petegz28 Supporter Join Date: Feb 2005 Location: Olathe, Ks Casino cash: $774127	Unless we get some kind of buying or short covering or something, there is absolutely little to like on the charts right now. The only ray of hope is we could possibly be setting up a head and shoulders bottom. But the down trend strength is really strong right now and the market internals suck! edit: We bounced right off the 20 day Linear Regression line on both the SPYs and QQQs. Morning could be interesting..... Last edited by petegz28; 03-04-2022 at 09:01 AM..
Posts: 130,164	1 0

03-04-2022, 01:38 PM	#12483
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $-88100	Max pain!!!!
Posts: 46,156

03-07-2022, 07:06 AM	#12488
scho63 Politically Incorrect Join Date: Feb 2009 Location: Scottsdale, AZ Casino cash: $751110	This morning on CNBC Worldwide Exchange, a Wedbush analyst took a blowtorch to Cathy Wood and her Ark Funds. Called them complete garbage and that she had the worst strategy as a portfolio manager, trying to catch falling knives by keep buying in as the tech wrecks kept dropping by 30-40-50% or more. It was the most brutal attack from one Wall Streeter against another since Carl Icahn went after Bill Ackman over Herbalife. Basically said she did nothing to protect her clients assets in a tough market and made it worse by an overly risky strategy. __________________ *"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"* ~Redd Foxx~ ~~2018 2019 2020 20212022 2023~~ 2024 Adopt a Chief - Clark Hunt and Brett Veach "The men who drafted Patrick Mahomes"
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03-07-2022, 07:32 AM	#12489
Buehler445 Supporter Join Date: Apr 2007 Location: Scott City KS Casino cash: $294734	I hedged wheat too early. If you want to look at madness in a market look no further than the Kansas City Wheat. There is a bunch of wacky ass shit going on both on the board and locally.
Posts: 58,247

03-07-2022, 07:49 AM	#12490
KCUnited Cheat Death Join Date: Nov 2007 Location: Land of Drincoln Casino cash: $268244	Not sure who in here was floating the prospect of energy stocks but I took a flier on XLE in the mid 60s. So thanks!
Posts: 35,606	1 0

03-07-2022, 09:51 AM	#12495
petegz28 Supporter Join Date: Feb 2005 Location: Olathe, Ks Casino cash: $774127	QQQs down yet another 2% this morning. SPYs not far behind.
Posts: 130,164