The Long Term Investor

Discussion in 'Investing' started by WXYZ, Oct 2, 2018.

  1. WXYZ

    WXYZ Well-Known Member

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    MILD gains so far today in the indexes. The FED....you have got to be kidding.....there is ZERO chance they will do anything. AND probably ZERO chance they will do anything one way or the other....for MONTHS. They will sit and let everything settle out.

    Dow rises to record as oil ticks higher, traders await Fed rate decision

    https://www.cnbc.com/2026/06/16/stock-market-today-live-updates.html
     
  2. WXYZ

    WXYZ Well-Known Member

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  3. WXYZ

    WXYZ Well-Known Member

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    BIG CAP TECH....today....forget about it. So far, not doing well. Although PLTR above....is one exception in my portfolio...being green at this moment.

    NOW....that the immediate DRAMA of the SPCX IPO is over and the IRAN deal is into the usual MEDIA proctology exam....we are trying to go back to the DULL and directionless market.

    As happens in any market vacuum time span....the MEDIA is ramping up the NEGATIVITY today.

    Even though we are currently still green in the averages I EXPECT a RED close today. In fact I see that the NASDAQ just turned red.
     
  4. WXYZ

    WXYZ Well-Known Member

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    I am basing the above RED close prediction....just on the tone of what i am seeing in the MEDIA today.

    Of course I would.....NEVER, NEVER, NEVER,.....invest based on this sort of off the cuff....."guess".

    This is long term investor....games.....for short term entertainment.
     

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