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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: bull_dozer who wrote (73169)	10/30/2022 11:21:34 PM
From: Lee Lichterman III	Respond to of 98037

There are a lot of bullish signs but we aren't having the liquidity pump previous bottoms benefited from (minus the recent unknown shady TGA spike I mentioned before). Potential double bottom the last few weeks. Small caps leading the charge. Largest DJI rally in decades. Breadth good except tech. I don't like lumber, copper weakness though. Housing dropping. Low savings, high debt climbing. As long as Fed is draining, I don't think we zoom like past bear recoveries. We can only go so far until the tank is empty. We had a 2 day rally and FOMO is already back. This isn't TINA either with treasuries yielding 4%. I'm seriously considering closing everything and just rolling 4 month treasuries so I can stop staring at the screen and get some work done on the land. Talking about debt and savings... At auction Saturday, 4.6 acres, all wooded with a one room small shouse (shed/house, not up to code). Brought $175k. I about died. We all figured maybe $40k, cut/sell the timber, build on it and flip it to some California sucker. Californian bought it for cash. Realtor was there and said they are driving up prices. I told her where I lived and she said my place is up over 300% of what it was 4-5 years ago. I guess I can never move. I couldn't afford the cap gains tax. Crazy. We saw stuff going for new prices. All I got was a shop vac and some clamps. Prices were ridiculous.