“Scared Money.” That’s a perfect description Greg. Like you illustrate, “The market stair steps continually upward.” Volatility is just part of the program. Fear and greed dictate the day to day prices while the trend is a continual upward climb. The debt (bond) market is the dog, while the stock market is the tail of the dog. Volatility can be seen as “wagging that tail” and Hedge Funds are as you have pointed out, a simple movement of cash to a more lucrative position. We are dealing with big money entities like Blackrock, Vanguard and State Street, who are the force drivers. They are sucking up commodities and mortgage securities. This is a squeezing out of the middle class investors or the “mom & pop players.” When a wave of fear sweeps these folks out to sea, guys and gals like us, must see this as an opportunity take that step up to the next rung on the ladder. Our strategy is going long while hedging and “buying the dips” as you say. I admire how you never seem to get jumpy because you deal with the smart money, not “scared money.” How are those cars coming along? I’d like to see you race those babies some day soon! Stay safe, Greg!
The Stock Market will Trend Upward...with Opportunity dips...When the Stock Market Fails..the U.S.A. will Fail...Too Much Money Being Made for that to Happen...!!!
1. Get 6-12 month of "backup" food. 2. Have a water filtration system & source of "non-public" water. 3. Stack silver, (gold/platinum if you can afford it). 4. Use stop losses on market positions to minimize losses. 5. Hedge around "core positions" as Greg has often (graciously) taught. 6. Buckle up! 7. Enjoy the ride!
“Scared Money.” That’s a perfect description Greg. Like you illustrate, “The market stair steps continually upward.” Volatility is just part of the program. Fear and greed dictate the day to day prices while the trend is a continual upward climb. The debt (bond) market is the dog, while the stock market is the tail of the dog. Volatility can be seen as “wagging that tail” and Hedge Funds are as you have pointed out, a simple movement of cash to a more lucrative position. We are dealing with big money entities like Blackrock, Vanguard and State Street, who are the force drivers. They are sucking up commodities and mortgage securities. This is a squeezing out of the middle class investors or the “mom & pop players.” When a wave of fear sweeps these folks out to sea, guys and gals like us, must see this as an opportunity take that step up to the next rung on the ladder. Our strategy is going long while hedging and “buying the dips” as you say. I admire how you never seem to get jumpy because you deal with the smart money, not “scared money.” How are those cars coming along? I’d like to see you race those babies some day soon! Stay safe, Greg!
I share Your Philosophy...!!
Billions on covid and they didn't even get me a mask or a haz mat suite.Where does this money go?
The Stock Market will Trend Upward...with Opportunity dips...When the Stock Market Fails..the U.S.A. will Fail...Too Much Money Being Made for that to Happen...!!!
When the debt market implodes its game over. No indication of that yet but they won’t announce it rest assured!
Maybe Gregg is on to Something...???
1. Get 6-12 month of "backup" food. 2. Have a water filtration system & source of "non-public" water. 3. Stack silver, (gold/platinum if you can afford it). 4. Use stop losses on market positions to minimize losses. 5. Hedge around "core positions" as Greg has often (graciously) taught. 6. Buckle up! 7. Enjoy the ride!
Good common sense, which is no longer common these days.