Why do people panic and scamper into the bushes when prices drop? SOMEBODY please explain that to me. I'm happy as trumpHELL666 when prices drop. I PRAY that the prices of my crypto holdings drop down to ZERO as WaveRider says they are going. Hahahahahahahahaaa! I'm praying that he is right so I can BUY at $0 dollars!
Here, this is how I see it:
1. The price of my coins I buy at $100. I felt I made a good buy.
2. The price of my coins drop to $50. I get HAPPIER-N-A-PIG-N-SLOP! I buy more.
3. The price of my coins drop to $25. I'm dancing a jig in my apartment. I buy more.
4. The price of my coins drop to $10. I have a mind-blowing orgasm with my wife. I buy a LOT more!
There are NO negative emotions in all of that. ONLY positive ones. If you follow Greg's system then you should feel the same. 😃
I like your positive sentiment. Negative sentiment comes from running low and out of dry powder and the banks/tech aren't done flushing out as they keep going lower and lower... But we haven't seen anything yet lol, so hence the negative sentiment. And bears are out of hibernation. Stocks are trading below 200 and 50 MA. Stochastic buy signal stalls and drops again the next day. Where does the endless dry powder come from 🤣? I have much to learn.
I feel like the upside potential is not worth the downside risk. I sold my China stocks mostly even baba which I've been hoddling forever. Got rid of most of my QQQ 2. Seems like every time I decide to finally follow Greg's advice I get skunked. I know these are long-term holds but there could be significant downside risk. The FED is going to have the decision to hold rates and have hyperinflation or it's going to be a vulker. If they raise rates the stock market's going to shave a lot probably 80%. I just wish I had more gold and silver especially where I was accumulating in 2017 mostly
Average price 135ish. Trash. Probably go to 250 now that I sold that's my luck. But I think it could go down to 50 I will definitely buy it back if it goes down but I'm going to wait 30 days and take my losses. For the second time did it in December too
They probably can't do same thing Volcker did since the economy would go into a depression before that happened. Most likely the Fed will raise interest rates until they can't. If I have to take a guess, they might be able to get in 3-5 .25 raises in interest rates before they they have to pause.
Greg dead on with energy stocks XLE, XOM, gold, silver, platinum, palladium, crypto, PFE (which i sold at profit, did same w JPM, bought more JPM down 11% just like Greg) so he's definitely more right than wrong. I find usually if you hold Gregs picks they pan out.
Absolutely right he certainly is Right a lot more than he's not but for some reason when he's not those pics always seem enticing to me because they're down and I keep doubling down and doubling down. If China does anything with Taiwan we're looking for some pain too. Also it's possible that the mmri something that was working for a long time and it may not work now if specially if they don't want to hyperinflate the currency which seems like it's an inevitable.
These have been one hell of a falling knife. Hopefully in a couple weeks assuming the Fed actually raises rates the banks will turn it around. If not we’re probably screwed
I just checked & suddenly all my positions are way down. Was up late. I better check Greg's video from this am. Falling fast but not gonna panic sell all.
This is just a horrible call on the bases the bubble economy is coming undone and these banks will be far cheaper in the coming months. Can't believe Greg doesn't see this coming.
Remember that they got caught with their hand in the cookie jar with gold and nothing happened. Gold rigging seems more scandalous than the rigging of a crypto.
Why do people panic and scamper into the bushes when prices drop? SOMEBODY please explain that to me. I'm happy as trumpHELL666 when prices drop. I PRAY that the prices of my crypto holdings drop down to ZERO as WaveRider says they are going. Hahahahahahahahaaa! I'm praying that he is right so I can BUY at $0 dollars!
Here, this is how I see it:
1. The price of my coins I buy at $100. I felt I made a good buy.
2. The price of my coins drop to $50. I get HAPPIER-N-A-PIG-N-SLOP! I buy more.
3. The price of my coins drop to $25. I'm dancing a jig in my apartment. I buy more.
4. The price of my coins drop to $10. I have a mind-blowing orgasm with my wife. I buy a LOT more!
There are NO negative emotions in all of that. ONLY positive ones. If you follow Greg's system then you should feel the same. 😃
I like your positive sentiment. Negative sentiment comes from running low and out of dry powder and the banks/tech aren't done flushing out as they keep going lower and lower... But we haven't seen anything yet lol, so hence the negative sentiment. And bears are out of hibernation. Stocks are trading below 200 and 50 MA. Stochastic buy signal stalls and drops again the next day. Where does the endless dry powder come from 🤣? I have much to learn.
I feel like the upside potential is not worth the downside risk. I sold my China stocks mostly even baba which I've been hoddling forever. Got rid of most of my QQQ 2. Seems like every time I decide to finally follow Greg's advice I get skunked. I know these are long-term holds but there could be significant downside risk. The FED is going to have the decision to hold rates and have hyperinflation or it's going to be a vulker. If they raise rates the stock market's going to shave a lot probably 80%. I just wish I had more gold and silver especially where I was accumulating in 2017 mostly
How long were you holding Baba and what return did you get over that time period?
Average price 135ish. Trash. Probably go to 250 now that I sold that's my luck. But I think it could go down to 50 I will definitely buy it back if it goes down but I'm going to wait 30 days and take my losses. For the second time did it in December too
They probably can't do same thing Volcker did since the economy would go into a depression before that happened. Most likely the Fed will raise interest rates until they can't. If I have to take a guess, they might be able to get in 3-5 .25 raises in interest rates before they they have to pause.
Greg dead on with energy stocks XLE, XOM, gold, silver, platinum, palladium, crypto, PFE (which i sold at profit, did same w JPM, bought more JPM down 11% just like Greg) so he's definitely more right than wrong. I find usually if you hold Gregs picks they pan out.
Absolutely right he certainly is Right a lot more than he's not but for some reason when he's not those pics always seem enticing to me because they're down and I keep doubling down and doubling down. If China does anything with Taiwan we're looking for some pain too. Also it's possible that the mmri something that was working for a long time and it may not work now if specially if they don't want to hyperinflate the currency which seems like it's an inevitable.
Forgot about Taiwan, good point, err on the side of caution is never bad
Crude is back up over $120. Hahahahahahaa! Silver hit a high of $26.37 today. Eeeeeeeeeeeeeeheheheheheheheheeeeee! 😈 😈 😈 🥳 🥳 🥳 🤣 📈 💯 ↗️ 💵 💰 💲 💲 💲
Holding onto BAC. Love Greg.
I'm out of cash now; otherwise, I would be buying more. Thanks for the info Greg!
These have been one hell of a falling knife. Hopefully in a couple weeks assuming the Fed actually raises rates the banks will turn it around. If not we’re probably screwed
I just checked & suddenly all my positions are way down. Was up late. I better check Greg's video from this am. Falling fast but not gonna panic sell all.
The tricky part is .25% doesn't stop the inflation/bleeding.
The core stock position is relatively safe, but what about all of the put options you encouraged everyone to sell? Hold on til 2023?
Banks? Out dated? Too big to jail? Funding our enemy to build our prison planet? Deutsche Bank debacle. https://www.armstrongeconomics.com/world-news/banking-crisis/will-big-tech-replace-all-the-banks/; https://www.armstrongeconomics.com/markets-by-sector/stock-indicies/dow-jones/bank-stocks-stay-far-far-away/
There is no good reason to keep buying into this weakness. Analyst estimates don't mean squat in this environment.
This is just a horrible call on the bases the bubble economy is coming undone and these banks will be far cheaper in the coming months. Can't believe Greg doesn't see this coming.
Been going with "popular priced" BAC ;-) Pick up one or two at each paycheck...
Remember JPM is now involved with the big Ethereum scandal.
Remember that they got caught with their hand in the cookie jar with gold and nothing happened. Gold rigging seems more scandalous than the rigging of a crypto.
Oil is making the top ?
Big spike was for the unwary to get go ALL IN
Hahahahahahahahahahaa! Listen to Greg, it's going higher. Give it a little time. You gotta have pullbacks sometime.
Can Greg fix stupid?! Just wondering!
So we pick and choose when analysts predictions are misdirection or reliable analysis?
Don't listen to "analysts". Do your own analysis.
They don't call them anulysts for nothing.
Still buying these like crazy. Down a little bit, not concerned. Lucky that I don't jump into positions all in one go though!