Heineken-Ashi said:
BTC should find resistance in the $58k area. If not, it could extend all the way to $65k if it wanted.
Red Pear Luke (BCS) said:
Hold steady lads.
Don't put the 401Ks to cash. Just keep DCA'ing- use the dips to help lower your cost basis and build on the compound interest.
Quote:
Something odd is taking place in the oil market. While on one hand "data" dissembled by Biden's Dept of Energy and specifically its statistical arm, the Energy Information Administration, has done everything it could to indicate there is a glut of oil, which is understandable - there is nothing Biden's handlers fear more than an inflationary surge in oil and gasoline prices ahead of the November elections and will do everything in their power to mandate a dataset that has the most adverse impact on oil prices, the physical market is sending just the opposite signal, with spreads showing screaming physical tightness.
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The dramatic spikes in prompt timespreads across the crude complex was the Goldman chart of the week just a few days ago, and shows just how dramatically and rapidly the market has tigthened up as a result of sudden scarcity of physical which, however, has barely received any mention in daily discussions about the energy market.
Farmer @ Johnsongrass, TX said:
I'll just leave these here.
https://news.bloomberglaw.com/health-law-and-business/chevrons-loose-end-on-hess-wasnt-flagged-tectonic-ceo-says
Hope Chevron is left outside looking in. Go XOM!
******************************************************************
...and finally.
After just over 2 freakin' years of telling you guys that EIA numbers were pure genuine BS every week. Vindication has arrived. Finally someone(s) else is seeing it and talking about it.
https://oilprice.com/Energy/Crude-Oil/Short-Sellers-in-Trouble-As-Physical-Oil-Market-Defies-Data.html#:~:text=While%20official%20data%20indicates%20an,spreads%2C%20contrary%20to%20market%20expectations.Quote:
Something odd is taking place in the oil market. While on one hand "data" dissembled by Biden's Dept of Energy and specifically its statistical arm, the Energy Information Administration, has done everything it could to indicate there is a glut of oil, which is understandable - there is nothing Biden's handlers fear more than an inflationary surge in oil and gasoline prices ahead of the November elections and will do everything in their power to mandate a dataset that has the most adverse impact on oil prices, the physical market is sending just the opposite signal, with spreads showing screaming physical tightness.
>
>
>
>
The dramatic spikes in prompt timespreads across the crude complex was the Goldman chart of the week just a few days ago, and shows just how dramatically and rapidly the market has tigthened up as a result of sudden scarcity of physical which, however, has barely received any mention in daily discussions about the energy market.
Have a great day!
That's a difficult question to answer because it really depends on each individual's market experience. For instance, I've grown accounts by moving in and out of securities based on what charts tell me. I've sold 1000 shrs of XYZ and when it drops, I've then bought 2000 shrs of XYZ back and rode it up again. That compounding grows my accounts exponentially as the size of the accounts get larger. So, if it were my accounts, I'd move into a cash position in my 401K, while still contributing the max and grow that cash position until I'm ready to go back in.bmoochie said:
What are your thoughts of going all cash in 401ks? I know we would never be able to time it but do you think it's worth messing with?
For context I'm 34 so I know when I retire it will overall be higher. That's how it's designed. Just curious on your thoughts.
So close to the breakout.Red Pear Luke (BCS) said:
$61 alert for those OXY calls for all who followed....
saw that, that was the second wave I was anticipating.AgEng06 said:
NNOX did finally get back up to your $11-12 target, regardless of the news from the other day that (I believe) changed your outlook for it.
An alternative I use, but definitely do not recommend to others lightly, is partial directional hedging of existing positions. This breaks the cardinal rule of trying to time the market, so buyer beware:bmoochie said:
What are your thoughts of going all cash in 401ks? I know we would never be able to time it but do you think it's worth messing with?
For context I'm 34 so I know when I retire it will overall be higher. That's how it's designed. Just curious on your thoughts.
Red Pear Luke (BCS) said:
Hold steady lads.
Don't put the 401Ks to cash. Just keep DCA'ing- use the dips to help lower your cost basis and build on the compound interest.
McInnis 03 said:
We like your stuff.
Made a move on some FSLY today when it was touching 14.04
bmoochie said:
What are your thoughts of going all cash in 401ks? I know we would never be able to time it but do you think it's worth messing with?
For context I'm 34 so I know when I retire it will overall be higher. That's how it's designed. Just curious on your thoughts.
I think they're all different people working for the same company. Don't lump them all together in the "Red Pear Realty" poster bucket.Brian Earl Spilner said:Red Pear Luke (BCS) said:
Hold steady lads.
Don't put the 401Ks to cash. Just keep DCA'ing- use the dips to help lower your cost basis and build on the compound interest.
Unsure if he's trolling (based on the other RPR account's posts on the millionaire thread), but he's absolutely right.
Wait - have we ever seen McInnis and Heineken together in the same room? Didn't McInnis quit posting in this thread about the same time Heineken came along? How many are there, in total?Heineken-Ashi said:McInnis 03 said:
We like your stuff.
Made a move on some FSLY today when it was touching 14.04
McInnis 03 said:
We like your stuff.
Made a move on some FSLY today when it was touching 14.04
Copying HA's thoughts here. Not a short term play, but a retrace play off the terrible drop after earnings.Talon2DSO said:McInnis 03 said:
We like your stuff.
Made a move on some FSLY today when it was touching 14.04
I got in at $14.22. What's your play with FSLY?
Not trolling and not affiliated with the comments on the other thread.Brian Earl Spilner said:Red Pear Luke (BCS) said:
Hold steady lads.
Don't put the 401Ks to cash. Just keep DCA'ing- use the dips to help lower your cost basis and build on the compound interest.
Unsure if he's trolling (based on the other RPR account's posts on the millionaire thread), but he's absolutely right.
I bleed maroon said:I think they're all different people working for the same company. Don't lump them all together in the "Red Pear Realty" poster bucket.Brian Earl Spilner said:Red Pear Luke (BCS) said:
Hold steady lads.
Don't put the 401Ks to cash. Just keep DCA'ing- use the dips to help lower your cost basis and build on the compound interest.
Unsure if he's trolling (based on the other RPR account's posts on the millionaire thread), but he's absolutely right.
KO yes. Hoping for a solid spike one of these days.Talon2DSO said:
Anyone still in the KO and BABA March 15 calls?
KO $65c 3/15
BABA $75 3/15
McInnis 03 said:
A similar play could exist for ROKU
I lost my ass on ROKU once (and then BOIL, it apparently took the same thing happening twice for me to learn my lesson), but I like the stock at these levels.McInnis 03 said:
A similar play could exist for ROKU
I'll be using $61.45 as my stop. on this specific decision.Brian Earl Spilner said:I lost my ass on ROKU once (and then BOIL, it apparently took the same thing happening twice for me to learn my lesson), but I like the stock at these levels.McInnis 03 said:
A similar play could exist for ROKU
My hard stop is $55.
