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UTGrad98

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Everything posted by UTGrad98

  1. The fed should have a third mandate and set the amount of the yearly federal budget. It is impossible for either party to correct our deficit spending now. It is not in their best interest as politicians to do so. I would think congress would jump all over that. Someone explain to me why that is a bad idea.
  2. Not expecting deflation. More like the fed actively seeking deflation.
  3. And can someone explain to me why bond yields are dropping on this news? Do the markets think we will have a recession first and therefore the fed will stop raising rates earlier than we all think. Am I right to think the 2 year is based on where the market think rates will end up in the short term?
  4. So someone tell me why having deflation in 2024 and 2025 to offset this shit is bad. My economic knowledge comes from 1 macro and micro econ course taken in the mid 90s at acc.
  5. 1. At least we know this is the peak. 2. At least we know this is the peak so far.
  6. Send it to me and I'll hold it for you and give you a 20% return. I will however need a second investor.
  7. Is there a magnifying glass over Dallas? I swear we have been 10 degrees hotter than anywhere else in Texas over the last month. I haven't seen a cloud in flower Mound since march.
  8. I'm curious the reaction of people in this country if she is freed in the next 3-6 months and exchanged for Viktor Bout along with the US Marine, Paul Whelan, who has been detained in Russia for 3 + years. There were 2 American political prisoners in Russia not 6 months ago. So Trevor Reed and Paul Whelan were not worth the exchange for Bout but a basketball celebrity who knowingly took drugs into a country on the brink of war is? Just because there is more outcry? Because her friends also have public platforms where they are heard much more than the parents of Whelan or Reed?
  9. For the past 10 days every single thought or instinct I had about the market going up or down or rallying or not has been wrong. Every single one. Am locked and loaded for spy 350 but who the fuck knows what is going to happen. Maybe I'll just start doing the opposite. It makes sense for the market to rally to 4150. Today was not great. I would think the market rallies here from 3800 before heading to new lows. That makes sense to me. If it doesn't and heads down lower from 3800 then why would people even play? That's no fun for anyone.
  10. I'm keeping a log of why I traded when I did and what my thinking was. Really just learning and researching to get experience. So far this year I have been pretty happy with myself and my choices. All I wrote this morning was "I am an idiot sandwich"
  11. They don't understand the problems and pressures 54 million comes with.
  12. When I was a teenager my friends and I called the NC-17 sticker on movies the seal of approval.
  13. You can store your bitcoin in a wallet on your computer. I think.
  14. Crypto has never experienced a true recession before . Covid was a shock to the economy and not what we are seeing now. Should be interesting.
  15. Have a pretty big limit buy set at 380.75 for SPY again. At the very least I think we go back up to 385 to see if we actually close in a bear market. That will be huge. I'll sell there if it looks shaky. Also all of yalls stonks basically follow the spy anyway. At least this year. You all keep tempting me with uuuu and uec. These 2 for sure just pop right when spy does if not slightly before hand. I'll stick with what has worked for me but man 10%-30% jumps are nice too. Just have to sell them quick. Spy 370 is next if we close below 384.
  16. This thread is going to be tough to pull up to our minimum surly standards. Honestly I dont think we can do it. Or maybe we can. What the fuck do I know.
  17. Someone tell me how to think. So this is good for us and college football right?
  18. Oh look, a white guy in his 50s and/or in his teens.
  19. Spy 430 ish is when I sell this latest run (or if my trailing stop loss hits) . I agree we have not had capitulation but that may not come until next year. Still kicking myself for not putting in more at 380. I bought a fair amount but I originally had a much bigger buy ready but I pussied out as is per the norm for me. I will say I am taking on much more risk than I have previously and am up high single digits in my money market account since January of this year just following and betting on big resistance points.
  20. Most democrats don't believe republicans will stoop that low. Fighting fire with fire is not in the democratic playbook. It's why they lose. See Supreme Court.
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