42 Replies to “Did You Buy Or Did You Sell-Sell?”

    2. “Did agent orange just manipulate the market or does he just not get it?”

      He gets it. You obviously don’t.

      The tariff threats worked *exactly* as planned. Free trade is what he was after, and he has just achieved that goal with the 70+ countries who have already contacted him to start the process. Huge win for President Trump…huge loss for your side.

      1. Been around long before PDJT.

        The “Plunge Protection Team” (PPT) is a colloquial term for the President’s Working Group on Financial Markets, a group of US financial policymakers established by President Ronald Reagan in 1988. The group’s formal name is the Working Group on Financial Markets, established by Executive Order 12631. The PPT’s purpose is to coordinate government responses to significant market volatility, particularly in situations where a sharp downturn or “plunge” in stock prices is occurring.

    3. Cool. Now address what China has been doing to the world economy/markets since they entered the WTO. Get back to me with your report.

  3. Bought some silver at less than $30 USD per ounce. The gold / silver ratio is insane right now.

    1. Exactly so, JD. It had no affect on the fundamentals of what people actually want or need.

    2. Exactly. I’ve been investing in the stock market for nearly 40 years, starting before Black Monday 1987. After that day and its immediate aftermath, nothing surprises or scares me any more.

    3. I swing trade. Have been short for weeks now and/or cost averaging down.
      Covered all shorts last week . Last 4 days I loaded up on 3x ETFs. Today was sell sell sell for me; my second best day ever. I live for crazy wild times like this.

      1. You sound like you’re going to be worse than broke. Very soon. I did buy Amazon, Apple, and Tesla on Monday tho. I wouldn’t touch a triple leveraged ETF. Unless you are talking chump change.

  5. If your objective is to reshore jobs back to the United States, what’s the point of a 90 day pause on the measures which are supposed to trigger the flood?

    1. To negotiate tariff reductions with those 70 odd countries that have contacted the Trump administration?

      1. “To negotiate tariff reductions with those 70 odd countries that have contacted the Trump administration?”

        Yes, and very obviously so. It wasn’t intended to act as an intelligence test, yet here we are…

        1. “That will happen in 90 days?”

          Yes, easily. Governments can move quickly when their economies are threatened.

    2. I’m sure that the negotiations during this 90 day pause will not ever have any talk of investing in American manufacturing and having better trade terms with the U.S. — also worth noting: there are still 10% tariffs.
      Also, it gives industry time to think about whether or not having a secured supply chain might not be a worthwhile endeavor.
      And this is just a 90 day pause, so investors are going to be looking for places to diversify away from the stock market, just in case.
      And it gives China 90 days to sit and stew…and pump their overcapacity onto other countries which will of course love to have even more Chinese products flooding their markets and driving down domestic production — they will be leaning quite hard on any country that inked a trade or development deal with them.

  6. Depends upon the person. Do they ride roller coasters every day or lean into the trends? I haven’t paid much attention to the the tariffs as most Canadian talk is a distraction from Liberal incompetence. Diversify, not diversity is your strength.

  7. I did my normal RSP top up yesterday instead of waiting for the end of the year. So far so good, but we’ll see.

  8. Dumped energy two weeks ago, bought long puts on some liquid names a month ago, because while tariff talk may have been the catalyst, the world economy is going in the tank and it is going to be brutal. Bonds are OK, and have had a good chunk of gold for 15 years. Good so far.

  10. I dollar cost average bought into the dip on Thursday. Fri. and Mon. … then simply smiled broadly today.

    The panic sell wasn’t panic selling at all … it was programmed, coordinated trading from the BIG investment houses and public pensions. They did it as a punishment to Trump trying to END the current UNFAIR and UNLEVEL world markets. It was a political spasm … nothing else.

    1. That was exactly my thinking…. The overall swings have been huge, but the buying and selling very systematic. I loaded up on longs the last few days…. Today was payday.

    2. “They did it as a punishment to Trump trying to END the current UNFAIR and UNLEVEL world markets. ”

      You really have zero understanding on how the market works, do you? Oh well, keep believing in yourself and keep trading.

    3. Yes. I’ve long thought there is a very large pool of money doing this. Or a similar activity known as “plunge protection”. They can stop a moderately sized stock market route… or cause one. But it’s a dicey operation and I think they got rolled today. Absolutely dumpstered.

      1. Not till the indexes fall more. I’m probing their dips now. Powder dry. Bring it! Wall Street Fools! Bring it … )

        1. I was asking if you thought that the markets were still spasming not if you had a violent bowel movement that rushed to your brain.

  12. Got out of market in late November. Best decision possible. It is amusing how many here still continue to see a genius master plan and 5D chess in what is the most amateurish hour of all amateur hours. Keep believing and keep trading, you sure are smarter than everyone else.

    2. Yet you claim to have gotten OUT upon Trump’s election … citing your own genius. You know what they say about people who claim themselves to be geniuses … and it rhymes with full (of it).

      1. Only to someone with a low IQ an obvious decision appears as genius. I had no intention to play a high risk game that would distract me from more important things. I timed it right and am happily watching the shitshow from the sidelines.

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