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Post by JSUSoutherner on Jun 2, 2020 8:38:03 GMT -6
What is happening?
...Is the question literally no one has an answer to right now.
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Post by Cleburneslim on Jul 29, 2021 21:18:34 GMT -6
Defies logic. I believe the last time markets outpaced reality like this was in the 20s.
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Post by Dixon Hall on Jul 30, 2021 7:56:48 GMT -6
My 401k is booming, but where will it be after the balloon bursts? Normally I love a down market because that means I can buy more on the cheap, but right now I am in no position to buy anything. I just hope I am back to work before the market crashes.
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The Market
Jul 30, 2021 12:08:44 GMT -6
via mobile
Post by Cleburneslim on Jul 30, 2021 12:08:44 GMT -6
I'm doin pretty well but I fear you'll have to do even better to keep up. Inflation is linked to make paupers of us all.
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The Market
Jul 30, 2021 13:08:00 GMT -6
via mobile
Post by JSUSoutherner on Jul 30, 2021 13:08:00 GMT -6
My 401k is booming, but where will it be after the balloon bursts? Normally I love a down market because that means I can buy more on the cheap, but right now I am in no position to buy anything. I just hope I am back to work before the market crashes. Yeah mine is up a healthy 36% in the last year. If we keep up that pace for another 34 or so years I wouldn't mind.
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Powdered Soap
New Member
That's MR Soap to you, Sir/Ma'am.
Posts: 47
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Post by Powdered Soap on Aug 18, 2021 21:06:41 GMT -6
Cruise stocks roared back for a while last year, and again this spring...but seem to be ailing now. I've sold out of that sector for a while. It's taking so long for that market to come back that I'm starting to worry about bankruptcies. They've borrowed a lot to stay afloat (ha!).
Petro stocks crashed big time right before COVID hit. With good timing you could have made nearly 25x your investment off of OBELF over the last year. With even better timing, double that. It went down to 0.16 last spring, and was at 3.90 in June. Now it has lost about 30% off of that peak. Is it a new buying opportunity? Too soon to tell.
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Post by pubdaze on Aug 19, 2021 9:24:24 GMT -6
Cruise stocks roared back for a while last year, and again this spring...but seem to be ailing now. I've sold out of that sector for a while. It's taking so long for that market to come back that I'm starting to worry about bankruptcies. They've borrowed a lot to stay afloat (ha!). Petro stocks crashed big time right before COVID hit. With good timing you could have made nearly 25x your investment off of OBELF over the last year. With even better timing, double that. It went down to 0.16 last spring, and was at 3.90 in June. Now it has lost about 30% off of that peak. Is it a new buying opportunity? Too soon to tell. So you’re bullish on powdered soap?
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Powdered Soap
New Member
That's MR Soap to you, Sir/Ma'am.
Posts: 47
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Post by Powdered Soap on Aug 19, 2021 11:17:23 GMT -6
So you’re bullish on powdered soap? To the moon!!!
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Powdered Soap
New Member
That's MR Soap to you, Sir/Ma'am.
Posts: 47
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Post by Powdered Soap on Aug 23, 2021 15:01:54 GMT -6
Cruise stocks roared back for a while last year, and again this spring...but seem to be ailing now. I've sold out of that sector for a while. It's taking so long for that market to come back that I'm starting to worry about bankruptcies. They've borrowed a lot to stay afloat (ha!). Petro stocks crashed big time right before COVID hit. With good timing you could have made nearly 25x your investment off of OBELF over the last year. With even better timing, double that. It went down to 0.16 last spring, and was at 3.90 in June. Now it has lost about 30% off of that peak. Is it a new buying opportunity? Too soon to tell. And just like that, OBELF went up 10% today. Wish I'd bought back in last week.
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