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Posted
6 hours ago, Captainant said:

I sold all of my long term holdings a little over a month ago and have been quite happy with holding that plus its proft in a money market earning interest and not losing 15-20% of its value. Decided to stay on Mr. Bones' Wild Ride with the other chunk of our holdings though.

Miraculously ahead in all of my positions - most were bought back in 2013 so most are over several hundred %. Even for those purchased last year (except for ABBV) are ahead. I got lucky and won't see because the tax would not be worth it.

For now.

 

7 hours ago, BearSchlong said:

Well at least the 6 figs I have sitting in a passbook savings account is safe for now.

How much can I get for selling blood plasma?

Glad I kept my parent's $ in CDs. At the time I thought a 18-month 4.25% was crap, but dodged a bullet.

Posted
2 hours ago, SydneyCarton said:

The answer is no. I realized I veered heavily cloak in my post, but you are not really addressing my point; you're looking for reasoning and a plan behind a group/person who has shown time and time again that they don't think multiple steps ahead. The opposition also is gutless losers for a number of reasons. None of this has anything to do with our nation's direction (as directly related to the concept of The Plan Behind Tariffs). 

I'm also trying to protect my ability to retire. I sold all of my stake in a defense aeronautics fund today and put it in Berkshire Hathaway, because I don't think American defense companies are going to do as well as they have as the world recoils from us. But your last sentence is important, and illustrative of the point I'm trying to make; You want to protect things, and you need a plan or concept you can plan around. Minimize damage. Protect yourself. I'm suggesting that by pretending to conjure up a plan from the ether, which may or may not be work, you're putting yourself at further risk. If you think you divine the plan is they juke left, and go that way, and they juke right, you're left off even worse than you were if you'd done nothing.

Historically, the market is the market and over time everyone wins. If you still believe that, then doing nothing, long term (no idea of your personal timeline here), might be the winning play, so to speak. Personally, I'm looking at Gold, and investing in foreign defense companies that can produce to the NATO standard, and probably some Hong Kong index funds because I think these moves long term favor China. 

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Posted
2 hours ago, BJ Johnson said:

I don't see us abandoning power and influence, we're exerting it. China is a bit of a black box, but from all I've seen their economy is currently weak. These tariffs should stress the Chinese as they to subsidize their economy pretty heavily.

As to US markets, selling is dumb. If they can withstand the global economy being completely turned off and then back on then they can handle this. If liquidity is eventually needed, it will be provided.

Some power/influence arises purely from military might. I don't dispute that our military isnt going away overnight. But the more valuable type of power/influence is what arises from having other countries trust that the US will do the right thing. Partnerships are a two way street, and we're proving to the world we will fuck over each and every country who doesn't massage trumps anus.

The type of influence that comes from being a trusted partner is gone. The president of the US is proudly retweeting (or re-truthing whatever the fuck you call his site) videos bragging that he is crashing global markets ON PURPOSE, just so that we can refinance our own debt. Its a stupid fucking plan to begin with, but you sure as fuck shouldn't be bragging about it. And thats not even mentioning the stupidity of threatening to take over our own allies (Canada & Greenland/Denmark). Its fucking lunacy. If you think our power and influence are actually growing right now, you must be pumped so full of Trump's jizz that its penetrating your brain tissue. 

Wait.....are you Laura Loomer? 

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Posted
2 hours ago, BJ Johnson said:

How do these moves favor China?

Good to see a quick reaction from those that fucking hate America.  Go fuck yourself. Of gag on mine BJ Johnson.

Posted (edited)
26 minutes ago, TonyTexas said:

I think there needs to be a thread in Cloak Room on the politics of the economy. This thread has lost its way. 

Why don't you share your portfolio moves and suggestion Tony?  Or you don't have a 401K? 

Please give us your market insight.  And we can make fun of you for that!  Plus then you don't have to go all snowflake on market moves that are so clearly only politically based?

PS - thank you Tony. You and yours have made me so much money the last two days I feel guilty about it.  You see, you can't pretend fake shit is real in the market, and I am feasting like a mofo on folks that are offended by political reality.

 

Edited by horn4life
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Posted
1 hour ago, Blotto said:

If you think our power and influence are actually growing right now, you must be pumped so full of Trump's jizz that its penetrating your brain tissue. 

I didn’t say anything about power growing. Just said we’re using it, not abandoning it. 
 

back on topic. Monday should be interesting. Vix at 45 makes me think we’re close to near term bottom if not already there. 

Posted (edited)
54 minutes ago, horn4life said:

Why don't you share your portfolio moves and suggestion Tony?  Or you don't have a 401K? 

Please give us your market insight.  And we can make fun of you for that!  Plus then you don't have to go all snowflake on market moves that are so clearly only politically based?

PS - thank you Tony. You and yours have made me so much money the last two days I feel guilty about it.  You see, you can't pretend fake shit is real in the market, and I am feasting like a mofo on folks that are offended by political reality.

 

Posts like this is exactly why I made my Cloak Room suggestion and why  I never go there. 

Edited by TonyTexas
Posted
6 minutes ago, TonyTexas said:

Posts like this is exactly why I made my Cloak Room suggestion and why  I never go there. 

So no market or 401K suggestions? Musings maybe? I would love to hear what you would put money into right now? 

And I apologize in advance if asking you what you think are good stocks to bet on, or bet against in a post about the market,  is somehow offensive.  And... Bless your heart!

 

Posted
33 minutes ago, BJ Johnson said:

I didn’t say anything about power growing. Just said we’re using it, not abandoning it. 
 

back on topic. Monday should be interesting. Vix at 45 makes me think we’re close to near term bottom if not already there. 

I believe we have more selling in our near future.

 

2 minutes ago, horn4life said:

So no market or 401K suggestions? Musings maybe? I would love to hear what you would put money into right now? 

And I apologize in advance if asking you what you think are good stocks to bet on, or bet against in a post about the market,  is somehow offensive.  And... Bless your heart!

 

Yes, I suggest putting your money in your mouth.

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Posted
16 minutes ago, tbone_ said:

Would you two fuckfaces take it outside please

Which fuckfaces?  I’m sitting here completely befuddled.  I’m feeling like next week is going to be really cool man.

Posted

It is pretty funny how the DOW has tanked historically for the last two days solely because of the capricious and dumb as fuck tariff actions of Donald J Trump, and people are getting mad because Trump is being mentioned.

Go to texags if you want a reach around while watching a massive failure

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Posted

It’s hilarious you MFers get tired of yelling at each other in CR and come over here to find someone who hasn’t heard your rant before. It’s like you ladies have your hen house gatherings and then come home to continue ranting to the men. You want everyone to be as miserable as you are. 

Posted
41 minutes ago, Captainant said:

It is pretty funny how the DOW has tanked historically for the last two days solely because of the capricious and dumb as fuck tariff actions of Donald J Trump, and people are getting mad because Trump is being mentioned.

Go to texags if you want a reach around while watching a massive failure

How old are you? Thanks for giving an update on the Dow Jones Industrial Average. 

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