STILL N OF PIKE Posted November 13, 2021 Share Posted November 13, 2021 4 hours ago, PhineasC said: Biggest fear of mine is getting your USD back out. These gains are meaningless unless realized given how shaky the crypto market is and how easily the various sites such as Binance and PancakeSwap can crash or be rigged for larger investors to get paid first. Liquidity is a big issue. Pretty sure many folks are able to get out I will look into this more thou Link to comment Share on other sites More sharing options...
PhineasC Posted November 13, 2021 Share Posted November 13, 2021 14 minutes ago, STILL N OF PIKE said: Pretty sure many folks are able to get out I will look into this more thou I'm sure many do get out. Crypto is obviously here to stay, but it's mostly too risky for me still. I also have bad luck timing these things. 1 Link to comment Share on other sites More sharing options...
HIPPYVALLEY Posted November 13, 2021 Share Posted November 13, 2021 19 minutes ago, STILL N OF PIKE said: Pretty sure many folks are able to get out I will look into this more thou Check your messages. Link to comment Share on other sites More sharing options...
PowderBeard Posted November 13, 2021 Share Posted November 13, 2021 2 hours ago, PhineasC said: I'm sure many do get out. Crypto is obviously here to stay, but it's mostly too risky for me still. I also have bad luck timing these things. Always had this view. Took the plunge a month ago and now instead of doing work I'm learning everything I can about crypto. Never thought I'd say it but there is a lot less BS involved with prices/volatility than dealing with stocks/options imo. The latest BBBY after-hours run due to their buyback followed by all the meme stonks pumping the next 24-hours just confirmed my suspicions about ETFs and I don't see myself playing with stocks much more. Link to comment Share on other sites More sharing options...
PhineasC Posted November 13, 2021 Share Posted November 13, 2021 Yeah, I am mostly out of stocks at this point too. I have been convinced a big dump is coming for a while. 1 Link to comment Share on other sites More sharing options...
HoarfrostHubb Posted November 13, 2021 Author Share Posted November 13, 2021 25 minutes ago, PhineasC said: Yeah, I am mostly out of stocks at this point too. I have been convinced a big dump is coming for a while. Load up on the tp 1 1 Link to comment Share on other sites More sharing options...
DavisStraight Posted November 13, 2021 Share Posted November 13, 2021 27 minutes ago, PhineasC said: Yeah, I am mostly out of stocks at this point too. I have been convinced a big dump is coming for a while. Time to buy some solid gold juniors, they're going to have another run. Link to comment Share on other sites More sharing options...
PhineasC Posted November 13, 2021 Share Posted November 13, 2021 1 hour ago, HoarfrostHubb said: Load up on the tp Pressure building, can't sit still, rushing down the hall, second door on the left. 1 Link to comment Share on other sites More sharing options...
Supernovice Posted November 14, 2021 Share Posted November 14, 2021 Imagine being ok with losing ~7% of your purchasing power a year. Crazy talk. 1 Link to comment Share on other sites More sharing options...
RUNNAWAYICEBERG Posted November 14, 2021 Share Posted November 14, 2021 Get used to this. https://www.cnbc.com/amp/2021/11/10/big-business-bosses-are-warning-that-supply-chain-issues-and-inflation-are-here-to-stay.html Link to comment Share on other sites More sharing options...
Spanks45 Posted November 14, 2021 Share Posted November 14, 2021 1 hour ago, RUNNAWAYICEBERG said: Get used to this. https://www.cnbc.com/amp/2021/11/10/big-business-bosses-are-warning-that-supply-chain-issues-and-inflation-are-here-to-stay.html All the more reason to stick with the basic needs and screw the rest of the "stuff". Unfortunately these supply issues have/will trickle into the basic needs department. Honestly, my kids do not need this season's Barbie nor do I need the newest Iphone or 8k tv...Honestly the environment needs senseless consumerism to take a backseat for quite some time. Link to comment Share on other sites More sharing options...
powderfreak Posted November 15, 2021 Share Posted November 15, 2021 11 hours ago, Spanks45 said: All the more reason to stick with the basic needs and screw the rest of the "stuff". Unfortunately these supply issues have/will trickle into the basic needs department. Honestly, my kids do not need this season's Barbie nor do I need the newest Iphone or 8k tv...Honestly the environment needs senseless consumerism to take a backseat for quite some time. We are a very lucky society/civilization to be honest. Spoiled. But that's a good thing. Just need to keep it all in perspective sometimes. America is a great place, not without its faults, but a place where the spoils of capitalism/excess/innovation all intersect. There will be ups and downs on that journey though for sure. Link to comment Share on other sites More sharing options...
RUNNAWAYICEBERG Posted November 15, 2021 Share Posted November 15, 2021 11 hours ago, Spanks45 said: All the more reason to stick with the basic needs and screw the rest of the "stuff". Unfortunately these supply issues have/will trickle into the basic needs department. Honestly, my kids do not need this season's Barbie nor do I need the newest Iphone or 8k tv...Honestly the environment needs senseless consumerism to take a backseat for quite some time. I agree on cutting back with hyper consumerism on fluff items but it’s also a good time to pay for big ticket items if you can, but with cash or no interest payments as consumer buying power is diminishing by the day. Link to comment Share on other sites More sharing options...
RUNNAWAYICEBERG Posted November 15, 2021 Share Posted November 15, 2021 60mins with a good piece on the SC issues last night: https://www.cbsnews.com/news/supply-chain-crisis-60-minutes-2021-11-14/ Link to comment Share on other sites More sharing options...
Spanks45 Posted November 15, 2021 Share Posted November 15, 2021 10 hours ago, RUNNAWAYICEBERG said: I agree on cutting back with hyper consumerism on fluff items but it’s also a good time to pay for big ticket items if you can, but with cash or no interest payments as consumer buying power is diminishing by the day. I agree... I am actually in the need for an AWD vehicle to fit the Brady bunch. Used cars are priced like new cars and you can't find a decent new car that you don't have to special order at a premium price. Kicker is I want something that doesn't guzzle gas, so the chip shortage is hindering things quite a bit. 1 Link to comment Share on other sites More sharing options...
Hoth Posted November 15, 2021 Share Posted November 15, 2021 On 11/13/2021 at 3:44 PM, PhineasC said: Yeah, I am mostly out of stocks at this point too. I have been convinced a big dump is coming for a while. There is some eye opening data in this paper: https://www.hussmanfunds.com/comment/mc211108/ 1 Link to comment Share on other sites More sharing options...
Supernovice Posted November 16, 2021 Share Posted November 16, 2021 Seeing a lot and I mean a lot of coverage of inflation and supply chain issues in local news. I’m ringing the bell- this is the top for both. Zig when they zag- invest accordingly. 1 Link to comment Share on other sites More sharing options...
Whineminster Posted November 16, 2021 Share Posted November 16, 2021 54 minutes ago, Supernovice said: Seeing a lot and I mean a lot of coverage of inflation and supply chain issues in local news. I’m ringing the bell- this is the top for both. Zig when they zag- invest accordingly. So you're saying both supply chain and inflation will improve soon? Link to comment Share on other sites More sharing options...
Supernovice Posted November 16, 2021 Share Posted November 16, 2021 22 minutes ago, Whineminster said: So you're saying both supply chain and inflation will improve soon? I’m saying this is the peak of public awareness/concern about it, all downhill from here. “Soon” is a relative term. 2 1 Link to comment Share on other sites More sharing options...
UnitedWx Posted November 17, 2021 Share Posted November 17, 2021 On 11/14/2021 at 8:52 AM, RUNNAWAYICEBERG said: Get used to this. https://www.cnbc.com/amp/2021/11/10/big-business-bosses-are-warning-that-supply-chain-issues-and-inflation-are-here-to-stay.html Here until 2024... Link to comment Share on other sites More sharing options...
NorEastermass128 Posted November 17, 2021 Share Posted November 17, 2021 Holy moly LCID. I bought some shares in the teens. Kicking myself for not buying more. Link to comment Share on other sites More sharing options...
HIPPYVALLEY Posted November 17, 2021 Share Posted November 17, 2021 1 hour ago, NorEastermass128 said: Holy moly LCID. I bought some shares in the teens. Kicking myself for not buying more. It’s most likely over bought. Link to comment Share on other sites More sharing options...
PowderBeard Posted November 17, 2021 Share Posted November 17, 2021 Grabbed GOEV weeklies at 11, 11.50, and 12.00 yesterday morning were $15-25 a piece lol. Ran to $13 in pre-market twice. First and maybe the last time I ever play weeklies, but I'm watching the meme plays from next week until February, lots of exposure and the stars look to be aligning again. Link to comment Share on other sites More sharing options...
PowderBeard Posted November 17, 2021 Share Posted November 17, 2021 50 minutes ago, HIPPYVALLEY said: It’s most likely over bought. My dyslexia got me in this post. I saw LC in the quote, immediately jumped to LRC, saw your comment, and thought "No!" lol 1 Link to comment Share on other sites More sharing options...
SouthCoastMA Posted November 17, 2021 Share Posted November 17, 2021 7 minutes ago, PowderBeard said: My dyslexia got me in this post. I saw LC in the quote, immediately jumped to LRC, saw your comment, and thought "No!" lol I had LoopRing at .65 and sold at .96..ugh 1 Link to comment Share on other sites More sharing options...
PowderBeard Posted November 17, 2021 Share Posted November 17, 2021 10 minutes ago, SouthCoastMA said: I had LoopRing at .65 and sold at .96..ugh Looks to have found some good support, reddit has only jumped on board in the past week. It was my first crypto buy at about .45, I've DCA'd up to about 1.05 and am still holding. I'm used to stocks so probably should have taken some out but I'll learn. All the Github "leaks" and GME responding on twitter to the rumor make I may take my cost out soon/if an announcement is made and let the rest ride. Link to comment Share on other sites More sharing options...
uncle W Posted November 18, 2021 Share Posted November 18, 2021 came across this article about a snowstorm in the northeast in 1873... 1873... http://chroniclingamerica.loc.gov/lccn/sn83030214/1873-11-19/ed-1/seq-1/ 1 1 Link to comment Share on other sites More sharing options...
powderfreak Posted November 18, 2021 Share Posted November 18, 2021 51 minutes ago, uncle W said: came across this article about a snowstorm in the northeast in 1873... 1873... http://chroniclingamerica.loc.gov/lccn/sn83030214/1873-11-19/ed-1/seq-1/ The first ever mention of a SWFE? After further reading it seemed it meant a snowstorm on the southwest side of the storm. Deep snowfall closing the Erie Canal in NY with 3" of rain in PVD and road washouts in Great Falls, NH? It does say in another section that it started as snow in parts of eastern New England, with 5" at Lowell and 7" at Portsmouth followed by heavy rain. Can envision how it happened, pretty interesting storm and observations. Thanks for sharing. 4 Link to comment Share on other sites More sharing options...
mreaves Posted November 18, 2021 Share Posted November 18, 2021 5 minutes ago, powderfreak said: The first ever mention of a SWFE? After further reading it seemed it meant a snowstorm on the southwest side of the storm. Deep snowfall closing the Erie Canal in NY with 3" of rain in PVD and road washouts in Great Falls, NH? It does say in another section that it started as snow in parts of eastern New England, with 5" at Lowell and 7" at Portsmouth followed by heavy rain. Can envision how it happened, pretty interesting storm and observations. Thanks for sharing. Similar to that god awful 2010 system that buried NYC while it rained here? 1 Link to comment Share on other sites More sharing options...
powderfreak Posted November 18, 2021 Share Posted November 18, 2021 52 minutes ago, mreaves said: Similar to that god awful 2010 system that buried NYC while it rained here? Yeah I think given the sparse obs, we’d have started as snow and then rained or mixed in NNE. Stayed all snow in NY state in the cold sector west of the low. Link to comment Share on other sites More sharing options...
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