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Strategies & Market Trends : US Inflation and What To Do About It -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (1358)1/31/2020 2:55:29 PM
From: Real Man  Read Replies (1) | Respond to of 1504
 
I may have to revise it when the bear starts. I had a target that got canceled because of a breakout rather than a breakdown. It became 3800 or 4500 for SP500. It was 2400, then 1800 and 1200 on the bearish side.
Right now we are not on the bearish side.



To: Rarebird who wrote (1358)2/2/2020 7:46:21 AM
From: RetiredNow  Respond to of 1504
 
That's funny and spot on. I actually do read Hussman and agree with him that long term forecasts for the stock market are grim based on today's valuations. BTW, yield curve is inverted all the way through the 10 year again and 30 year is at 2%. My short term prediction, which is very obvious to everyone is that Monday will be a massive down day. China's stock market comes back online and it's going to gap down and it will suck most other markets down with it. Gold and bonds will go up. 30 year will break below 2%. Those are my high conviction guesses for Monday.

bloomberg.com

BTW, I found your Gold Price Monitor thread. I already had that bookmarked, but didn't realize you were the moderator.



To: Rarebird who wrote (1358)2/2/2020 7:28:29 PM
From: RetiredNow  Respond to of 1504
 
Well, China is pumping $1.2 Trillion yuan into the markets to prop them up. So my short term prediction will not come true on Monday. China also banned selling. LOL. This is a new central bank trick. I can't wait until our Fed gets with the appropriate agency in the US and bans selling, so that markets can only ever go up and we all become richer than ever, but we can never use the money we've made, because we can never sell. Welcome to the Hotel California! LOL



To: Rarebird who wrote (1358)2/24/2020 11:12:53 AM
From: RetiredNow  Respond to of 1504
 
Rarebird,
I'm coming out of the woordwork again. My gold/silver ETF (CEF) continues to do very well. I wish I had bought more, but am happily earning good money there. My bonds continue to do very well. So all in all, I am experiencing no volatility, no stress, and earning good money to wait out the market swings. I said before that the coronavirus is the Black Swan we were all waiting for that would take down markets. I still think that. As to the 50% or 65% camp, I'm more in the 65% camp at the completion of this market cycle. But how long it stays there is anyone's guess. This virus has the potential to have huge impacts to global GDP. The probability is high it will turn into a global pandemic. That's going to create the mother of all fear trades. That's why gold and bonds will do well.

I am curious, though, how are you playing this? Did you have stops in place or shorts? From your last post, it looked like you were positioning for the probability of volatility and downside movements. How'd that work out? And what do you think is coming next? Do we bounce back and stabilize from here or do you think this is the start of a broader move downwards?

Stay safe out there!