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2:14p
Almost every sector is down today.
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2:16p
AG
I seem to recall this same question from March and April.
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2:29p
AG
These ****ing threads
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3:00p
AG
Yep! I'd say time to go to cash...except the board has been "going to cash" for years in light of imminent crash.
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3:10p
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In reply to Gabster43213• 4:50p
AG
Gabster43213 said:
Almost every sector is down today.
I made a buy that was pretty significant for me yesterday, so yes, today is the beginning of the end. Technically, yesterday afternoon was the high water mark.
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In reply to MAS444• 4:54p
MAS444 said:
Yep! I'd say time to go to cash...except the board has been "going to cash" for years in light of imminent crash.
I read Buffett is extremely heavy cash right now.
Schiller PE is almost back to what is was pre correction.
Stocks are overvalued imo.
The interest on our debt is now larger than the defense budget. First time in history. In a couple of years, the interest payments will surpass both Social Security and Medicare. First time in history. It's mathematically not sustainable.
Thus, I'm heavy cash. Could be wrong. We shall see.
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6:49p
AG
Correction starts when fed cuts rates, buy the rumor sell the news.
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In reply to Logos Stick• 10:18p
AG
Logos Stick said:
MAS444 said:
Yep! I'd say time to go to cash...except the board has been "going to cash" for years in light of imminent crash.I read Buffett is extremely heavy cash right now.
Schiller PE is almost back to what is was pre correction.
Stocks are overvalued imo.
The interest on our debt is now larger than the defense budget. First time in history. In a couple of years, the interest payments will surpass both Social Security and Medicare. First time in history. It's mathematically not sustainable.
Thus, I'm heavy cash. Could be wrong. We shall see.
And what good does being heavy on cash do you if this all comes tumbling down like the fear mongers think? You're not going to use it to buy back in because the government isn't going to fix what you perceive as the problem.
If capitalism ends as we know it, or America craters for an extensive amount of time (or forever), being heavy on cash won't do you much good.
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In reply to Logos Stick• 10:34p
AG
Logos Stick said:
The interest on our debt is now larger than the defense budget. First time in history. In a couple of years, the interest payments will surpass both Social Security and Medicare. First time in history. It's mathematically not sustainable.
Thus, I'm heavy cash. Could be wrong. We shall see.
The game being played between the Democrats and the Republicans is our mutually assured destruction. A 3rd party is our only hope. I'll tell my daughter I did not vote for our mutually assured destruction but it's hard to imagine her generation doesn't have a very different life than her parents, grand parents and so on
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