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Thread: Bad Santa....

  1. #13

    Join Date
    Sep 2007
    Location
    Illinois :(
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    467

    Default Re: Bad Santa....

    Quote Originally Posted by Tsunami View Post
    Well, if the 2020-25 area holds tomorrow then there is hope, but there has been way too much "hope" for a Santa rally in the news lately. Hope doesn't make the market goes up, reality does, and reality shows that economies are rolling over into a recession right as the Fed has started a rate raising campaign. As somebody commented on financialsense.com, this Fed move might go down as the dumbest in history. I see the futures have already crumbled to 2025. For those still in stocks, I hope it's just a wave 2 low in that area and reverses straight up tomorrow. I don't expect that though, the technicals are set up perfectly for a big drop.
    Nice work T. You know, I started having second thoughts about the market last spring when it just sort of meandered around. Then, like most us who've been around awhile, took the punch in the gut in August and held out hope it was just fluke. Well, I am now saying openly that this market has changed character and I will be treating it as such from now until proven otherwise. I should have listened when they were talking about all the money (as in billions) leaving equity funds two weeks ago. Check out Scott's thread and tell me that looks good:

    SPX - LT MO REVIEW - Fearless Forecasters - Traders-Talk.com

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  3. #14

    Default Re: Bad Santa....

    Quote Originally Posted by RealMoneyIssues View Post
    Well, THAT was a horrible ending to the day and week...
    And perhaps the year. I have zero faith in the market right now and I wouldn't bet on any so called "Santa Rally" this year. This is just pathetic - Good riddance 2015.

    Frank

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  5. #15

    Default Re: Bad Santa....

    Hahaha

    Sent from my SM-G920P using Tapatalk

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  7. #16
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    Default Re: Bad Santa....

    Folks like to blame Santa, but you can't blame him for not making YOUR position change yesterday and today due to IFT limitations (noon cutoff). The market was down over 20 S&P before cutoff yesterday. If Monday is bloody, can't blame Santa, market was down over 20 before noon today. Blame big oil companies, they are doing this. Wait, no, we only blame them when prices are too high.

    I may be out here, but I am sitting in a sleigh waiting for Santa in other accounts.

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  9. #17

    Join Date
    Mar 2013
    Location
    Bloomington, Indiana
    Posts
    322

    Default

    Just ate about one years worth of g fund safety in the last two weeks. Learned my lesson. This market has been a flat out gamble the last year. I'm done until we get some upward consistency back. I pulled out today so no doubt anyone still in will get 50 points tomorrow. I suck at this!!
    100% G fund COB 12/22/2023 Was 80%G 20%C

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  11. #18

    Default Re: Bad Santa....

    dang, this market is going backwards. but on the bright side, we're sure making great time.
    100g


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  13. #19

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    76,603

    Default Re: Bad Santa....

    Santa is on my S**T List, all I ever get is more debt and charcoal.



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  15. #20

    Default Re: Bad Santa....

    Quote Originally Posted by nnuut View Post
    Santa is on my S**T List, all I ever get is more debt and charcoal.
    look on the bright side...

    at least you got credit and can still barbeque.

    it's all a matter of perspective.
    100g

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  17. #21

    Default Re: Bad Santa....

    Quote Originally Posted by nnuut View Post
    Santa is on my S**T List, all I ever get is more debt and charcoal.
    I guess that is what we get for sleeping in and taking what ever he gives us. I say it's time to get proactive and stay up the whole night on the 24 if you have to. Then, when he drops by to dump that coal, or whatever, down your chimney, you just help yourself to whatever he's still got in his sleigh. Oh, and don't forget to help yourself to some venison while you're at it. That will teach the fat lunk not to mess with you in the future.
    Allocations as of COB Dec 28 : 100% S. | Retirement Date:Dec 2025
    Past Returns:
    2020 31.85%,2019 27.97%,2018 -3.36%,2017 13.10%, 2016 -1.79%, 5Yr Avg 12.61%

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  19. #22

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    76,603

    Default Re: Bad Santa....

    Quote Originally Posted by Cactus View Post
    I guess that is what we get for sleeping in and taking what ever he gives us. I say it's time to get proactive and stay up the whole night on the 24 if you have to. Then, when he drops by to dump that coal, or whatever, down your chimney, you just help yourself to whatever he's still got in his sleigh. Oh, and don't forget to help yourself to some venison while you're at it. That will teach the fat lunk not to mess with you in the future.
    Sheeeew, don't tell him I am a big time BBQer and can use the charcoal.bbqbig.jpg



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