I am in Bangkok and every time we go to the market the prices have been raised. Petrol, electricity, cooking gas, insurance, all up, The government is talking about a 50% increase in the minimum wage and increasing the VAT from 7 to 9 percent. Clearly the governments love inflation.
People are loaded with cash to their eye balls and more. Everybody I see is just super super rich. They spend $1000 like $5 bill
$20 tip to valet, $20 tip to doorman, 30% at restaurant. They throw $5/ $10 bills at strip clubs to the dancers. Some throw a full deck at the dancers. Bouncers come with a big bucket and a broom to sweep the floor full of cash.
Go to Walmart and we see carts filled up with all sorts of useless stuff. Lines so long that I don't go to Walmart anymore. Even the toothpaste I buy on Amazon
Unprecedented prosperity. Who is suffering ? Raise your tail.
Definitely. My limit orders are kicking off and I thought I was being aggressive but apparently not enough. How do you keep powder dry and how much powder to keep dry in exciting times like this??
Sounds like the same Fake News Fear Mongering that went on about COVID. If you keep repeating the same Lie over and over again, people will believe it, and this is the same tactic the Nazis used to brainwash people in believing their Lies. Russia will NOT invade Ukraine and if there is a False Flag Event it will be caused by the Globalists and part of their Agenda and Plan. This is a distraction from reporting the Special Counsel Durham's most recent Bombshells and that a few States may be moving closer to Decertifying the 2020 Election. Things the Fake News doesn't want people to know and their COVID narrative is falling apart as well.
I just had a long chat w/a friend in south-central Ukraine, he said there is NOTHING going on there aside from what's been going on for the past 8 years.... random skirmishing that no one cares about.
am in oil because I'm following my planI made before. For this reason I don't have to wait for momentum. Other than Greg while Trading I am in the business of fishing bottoms by analyzing the chart. (My) Plan said correction down, bit under 90 USD, so now I'm long in Oil with a target @ nearly 100 USD. The trade started @ about 90.90 USD (using an indication on the future so future may have been a bit lower). Now I'm working with a stopploss on entry so I cannot lose money anymore but have the chance to ride the wave up to nearly 100 USD.
On MMRI page, IMO, it should show if the MMRI is up or down from yesterday. It only shows current reading. May be a small graph showing trend in MMRI will also be nice
Banks, Tech, and waiting for oil to pull back. Hedging with the VIX, physical silver, and SLV. This is gonna be an interesting ride. Looking for additional buying opportunity, but am cautious about going too long too heavily right before holiday weekend unless there's a screamin opp. to pounce on.
Hi Greg, I sold some REITs that I have held for years collecting the dividends, and used the cash to "buy the banks". I love the dividends from the REITs, but their shares have been really tanking of late. If you can ever recommend good income investments for older people like me, that would be great.
Been buying all day. If we get hammered in to the close, guess what? I'll be buying then too. Is there enough blood in the streets yet?
Damn everything is going up except my bank account , hookers charging 75 % more than a year ago ,now that is a bubble !
I am in Bangkok and every time we go to the market the prices have been raised. Petrol, electricity, cooking gas, insurance, all up, The government is talking about a 50% increase in the minimum wage and increasing the VAT from 7 to 9 percent. Clearly the governments love inflation.
People are loaded with cash to their eye balls and more. Everybody I see is just super super rich. They spend $1000 like $5 bill
$20 tip to valet, $20 tip to doorman, 30% at restaurant. They throw $5/ $10 bills at strip clubs to the dancers. Some throw a full deck at the dancers. Bouncers come with a big bucket and a broom to sweep the floor full of cash.
Go to Walmart and we see carts filled up with all sorts of useless stuff. Lines so long that I don't go to Walmart anymore. Even the toothpaste I buy on Amazon
Unprecedented prosperity. Who is suffering ? Raise your tail.
Her name is Bubble eh ?
www.mannarino-market-risk-indicator.com.webloc
GM, Did you ever set up a fund? I think I saw something mentioned about plans to do so...
It isn't ready to start yet.
Apparently there's an announcement at 4pm
Definitely. My limit orders are kicking off and I thought I was being aggressive but apparently not enough. How do you keep powder dry and how much powder to keep dry in exciting times like this??
Ukraine is a deception .
Sounds like the same Fake News Fear Mongering that went on about COVID. If you keep repeating the same Lie over and over again, people will believe it, and this is the same tactic the Nazis used to brainwash people in believing their Lies. Russia will NOT invade Ukraine and if there is a False Flag Event it will be caused by the Globalists and part of their Agenda and Plan. This is a distraction from reporting the Special Counsel Durham's most recent Bombshells and that a few States may be moving closer to Decertifying the 2020 Election. Things the Fake News doesn't want people to know and their COVID narrative is falling apart as well.
I just had a long chat w/a friend in south-central Ukraine, he said there is NOTHING going on there aside from what's been going on for the past 8 years.... random skirmishing that no one cares about.
@ Mike D
am in oil because I'm following my planI made before. For this reason I don't have to wait for momentum. Other than Greg while Trading I am in the business of fishing bottoms by analyzing the chart. (My) Plan said correction down, bit under 90 USD, so now I'm long in Oil with a target @ nearly 100 USD. The trade started @ about 90.90 USD (using an indication on the future so future may have been a bit lower). Now I'm working with a stopploss on entry so I cannot lose money anymore but have the chance to ride the wave up to nearly 100 USD.
On MMRI page, IMO, it should show if the MMRI is up or down from yesterday. It only shows current reading. May be a small graph showing trend in MMRI will also be nice
https://www.tradingview.com/chart/?symbol=TVC%3ADXY*TVC%3ATNX%2F1.61
Nice !!
not mine. Stolen it from a LION right here on the blog.
Banks, Tech, and waiting for oil to pull back. Hedging with the VIX, physical silver, and SLV. This is gonna be an interesting ride. Looking for additional buying opportunity, but am cautious about going too long too heavily right before holiday weekend unless there's a screamin opp. to pounce on.
Buying the dips!
Never be emotional, never be afraid, always hedge, got it!!!
Hi Greg, I sold some REITs that I have held for years collecting the dividends, and used the cash to "buy the banks". I love the dividends from the REITs, but their shares have been really tanking of late. If you can ever recommend good income investments for older people like me, that would be great.
Any update on your fund??