Liberal Forum

Just a little longer...I can BARELY contain my excitement

https://www.youtube.com/watch?v=23qxP6ZFYas

https://www.youtube.com/watch?v=rp_ye9Ovbig

Haven't you heard, the economy is doing great.

https://finance.yahoo.com/news/wall-str ... 48688.html

Fuelman » 13 Apr 2024, 3:55 pm » wrote: ↑

13 Apr 2024, 3:55 pm

Haven't you heard, the economy is doing great.

https://finance.yahoo.com/news/wall-str ... 48688.html

https://x.com/wallstreetsilv/status/177 ... 46376?s=46

I’m going to laugh too. Been well prepared…..

LowIQTrash » 13 Apr 2024, 4:06 pm » wrote: ↑

13 Apr 2024, 4:06 pm

https://x.com/wallstreetsilv/status/177 ... 46376?s=46

Just ask any Democrat, wages have outpaced inflation so this lady just isn't aware she is doing better.

By January 2024, wage growth was 4.5% and CPI was 3.4% in December 2023, the latest datapoints for each indicator. Workers are winning. Hourly wages rose 0.6% in January from the previous month and are up 4.5% from a year earlier — outpacing inflation.Feb 5, 2024https://www.axios.com › 2024/02/05Charted: Workers win as wage growth outpaces inflation - Axios
 

Fuelman » 14 Apr 2024, 9:18 am » wrote: ↑

14 Apr 2024, 9:18 am

Just ask any Democrat, wages have outpaced inflation so this lady just isn't aware she is doing better.

By January 2024, wage growth was 4.5% and CPI was 3.4% in December 2023, the latest datapoints for each indicator. Workers are winning. Hourly wages rose 0.6% in January from the previous month and are up 4.5% from a year earlier — outpacing inflation.Feb 5, 2024https://www.axios.com › 2024/02/05Charted: Workers win as wage growth outpaces inflation - Axios

Yep…a bit of 3% here, 5% there…and you arrive at an (actual inflation rate) figure of 50% since 2020. 

TruSt Da Mafpsz 

Hmmm...debt in the WEST "GDP" system includes ....folk's debt

is counted as "GDP".

Murka is a cartoon. Im Tom, yer Jerry.

Sumela » 14 Apr 2024, 9:52 pm » wrote: ↑

14 Apr 2024, 9:52 pm

Hmmm...debt in the WEST "GDP" system includes ....folk's debt

is counted as "GDP".

Murka is a cartoon. Im Tom, yer Jerry.

Sadly, the only reason   J O O Z    keep getting away with these wretched lies is that the              G O Y I M    are too stupid to see thru them   

LowIQTrash » 15 Apr 2024, 12:40 am » wrote: ↑

15 Apr 2024, 12:40 am

Sadly, the only reason   J O O Z    keep getting away with these wretched lies is that the              G O Y I M    are too stupid to see thru them 

Especially the MurKan Christian Goyim....

They worship Israel more than they do Christ.  Its creepy man
 

Fuelman » 14 Apr 2024, 9:18 am » wrote: ↑

14 Apr 2024, 9:18 am

Just ask any Democrat, wages have outpaced inflation so this lady just isn't aware she is doing better.

By January 2024, wage growth was 4.5% and CPI was 3.4% in December 2023, the latest datapoints for each indicator. Workers are winning. Hourly wages rose 0.6% in January from the previous month and are up 4.5% from a year earlier — outpacing inflation.Feb 5, 2024https://www.axios.com › 2024/02/05Charted: Workers win as wage growth outpaces inflation - Axios

My source has informed me IWM has already topped (at 210 a couple weeks ago). The “canary in the coal mine” trade I made…a grand total of 1 put is up a measly 31%.

I would start stacking 7-10 month puts or wait for the dead cat bounce up to 200, but the risk/reward here looks excellent. If you zoom out to the 5Y it looks very ominous. 
 

https://x.com/wallstreetsilv/status/178 ... 52411?s=46

LowIQTrash » 17 Apr 2024, 7:36 pm » wrote: ↑

17 Apr 2024, 7:36 pm

My source has informed me IWM has already topped (at 210 a couple weeks ago). The “canary in the coal mine” trade I made…a grand total of 1 put is up a measly 31%.

I would start stacking 7-10 month puts or wait for the dead cat bounce up to 200, but the risk/reward here looks excellent. If you zoom out to the 5Y it looks very ominous.

Nice, 31% isn't 500% but it's still a win. 31% for a short time frame is nothing to scoff at. Did you take the money or riding it out?

The 5 year chart sure shows the possibilities, you expecting another global pandemic ?

Info:

https://www.msn.com/en-us/money/markets ... 39c7&ei=20

Fuelman » 18 Apr 2024, 12:18 pm » wrote: ↑

18 Apr 2024, 12:18 pm

Nice, 31% isn't 500% but it's still a win. 31% for a short time frame is nothing to scoff at. Did you take the money or riding it out?

The 5 year chart sure shows the possibilities, you expecting another global pandemic ?

I did not sell yet, this is just the beginning.

I expect IWM to fall at least another 20% by December 31st, so…155-160 should be a reasonable estimate for where IWM will be. 

Doing some calculations, I bought (only one) IWM put at 204, now at 193 so a 5.4% decline = ~35% increase. A 25% decline (overall) should put you at ~150% increase.

If you buy a put expiring December 31st or later, starting at 193 (current) you should still net around a 120% return, minimum I expect is 90%.

If do sell the put it’s because I have another play I’m looking at….one of those meme stocks that can climb 100% in 4 weeks or less. 

“Nobody ever went broke taking profits”  > for me it’s “Nobody ever “got rich quickly” without going all out”  

 

 

LowIQTrash » 18 Apr 2024, 5:38 pm » wrote: ↑

18 Apr 2024, 5:38 pm

I did not sell yet, this is just the beginning.

I expect IWM to fall at least another 20% by December 31st, so…155-160 should be a reasonable estimate for where IWM will be. 

Doing some calculations, I bought (only one) IWM put at 204, now at 193 so a 5.4% decline = ~35% increase. A 25% decline (overall) should put you at ~150% increase.

If you buy a put expiring December 31st or later, starting at 193 (current) you should still net around a 120% return, minimum I expect is 90%.

If do sell the put it’s because I have another play I’m looking at….one of those meme stocks that can climb 100% in 4 weeks or less. 

“Nobody ever went broke taking profits”  > for me it’s “Nobody ever “got rich quickly” without going all out”  

Thanks for the updates, I'm following along.

At least someone is making money, I get to endure the slow slide to wherever the bottom is. Boring as hell!

Vegas was going to quit working at the end of March due to crypto trading, haven't heard how that panned out.
​
 

Fuelman » 19 Apr 2024, 3:46 pm » wrote: ↑

19 Apr 2024, 3:46 pm

Thanks for the updates, I'm following along.

At least someone is making money, I get to endure the slow slide to wherever the bottom is. Boring as hell!

Vegas was going to quit working at the end of March due to crypto trading, haven't heard how that panned out.
​

There’s going to be a bounce starting next week, lasting potentially 2-3 weeks; you still have an opportunity.

If I get greedy I might even sell the put, buy a short call, and then re-enter   

Even if you decide not to make a play here, did you not consider the choice of moving money into SGOV (short treasury ETF)? 5% yield is garbage in a 8%+ inflationary environment but better than -25%

 

LowIQTrash » 19 Apr 2024, 4:23 pm » wrote: ↑

19 Apr 2024, 4:23 pm

There’s going to be a bounce starting next week, lasting potentially 2-3 weeks; you still have an opportunity.

If I get greedy I might even sell the put, buy a short call, and then re-enter   

Even if you decide not to make a play here, did you not consider the choice of moving money into SGOV (short treasury ETF)? 5% yield is garbage in a 8%+ inflationary environment but better than -25%

I like it, do the exact opposite of what the talking heads say!
https://www.tipranks.com/etf/iwm/forecast

I can enjoy your excitement and not have to worry about anything. More money simply isn't a priority right now.

Fuelman » 19 Apr 2024, 4:40 pm » wrote: ↑

19 Apr 2024, 4:40 pm

More money simply isn't a priority right now.

It may not be a priority now, but the window is closing.

While I fully understand and accept your decades of additional experience, it’s going to get to a point where - in the coming years - you won’t even be able to make money even if you wanted to.

That or it will be exponentially harder…you have to be like some top star AI engineer or something with a PhD and 7+ yrs of exp. 

Surely you’ve noticed - it’s harder now than it was 10 years ago…and 10 years ago it was harder than 20 years ago (the Bush years minus 2008 seem like paradise compared to today).

You know how Greece hasn’t really recovered from 2008? I have an acquaintance who lives there and he plays poker for a living since nobody in Greece is spending money to buy stuff.

That’s the United States in 2034.

LowIQTrash » 13 Apr 2024, 2:20 pm » wrote: ↑

13 Apr 2024, 2:20 pm

Just a little longer...I can BARELY contain my excitement

https://www.youtube.com/watch?v=23qxP6ZFYas

I'm expecting:

1)  20% pullback in the next month or so, THEN

2)  Another rally into election day (i.e. Democrats last ditch effort to make Americans believe things are "GREAT"), BEFORE

3)  -50% BEAR Market begins... beginning in the February - April 2025 time frame !

That's what I think !!