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Type: Posts; User: ETexBasscat

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  1. Replies
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    It’s pretty funny reading through these comments,...

    It’s pretty funny reading through these comments, especially the ones that have blinders on and think the economy is doing great. If you want to see how great it’s been, check out the debt clock and...
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    How much you think the margin is on the Force? ...

    How much you think the margin is on the Force? $2000 per unit? I say that cause it’s funny these trolling motors all seem to priced the same now even though they have more/less overhead costs. ...
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    Current price up against major resistance. I...

    Current price up against major resistance. I would be pulling profits here if you have them. Technical bounces in bear markets can be brutal if you are on the wrong side, just like we’ve seen here....
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    Now hovering around support, but doesn’t look...

    Now hovering around support, but doesn’t look like it will hold. How low will it go?
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    Capital One 5% CD

    Saw where Capital One now has a 5% 11 month CD rate good through 3/14/23. Sounds like a good deal considering what’s out there now. I’m thinking about loading up on this and watching this market...
  6. Inflation isn’t coming down anytime soon with...

    Inflation isn’t coming down anytime soon with 500k jobs added and meme stocks going bonkers again!
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    Shorts are getting wrecked!! Irrational markets...

    Shorts are getting wrecked!! Irrational markets like this is the reason I don’t like that play.
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    Euphoria will fade and reality will set back in...

    Euphoria will fade and reality will set back in soon. This was just an oversold bounce that could take it back to $168 then retreat from there. Watch!
  9. All this crap is getting absolutely ridiculous! ...

    All this crap is getting absolutely ridiculous! Where are people going to draw the line and stop paying for these overpriced items!
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    Nat gas getting destroyed all month! How much...

    Nat gas getting destroyed all month! How much lower will it go? $2.50 has been a good support level over the years. Will it hold there is the question.
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    All the Johnny come lately shorts are getting...

    All the Johnny come lately shorts are getting wrecked, not ones that have been shorting since $400. I’ll stick to my convictions on this one being massively overvalued. Musk isn’t done selling to...
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    Natural Gas

    Natural Gas prices falling like a rock, down 10% today over 63% from its peak just five months ago! Watching the price action of it the past year has been mind boggling. Swings up and down like I’ve...
  13. Thread: BBBY

    by ETexBasscat
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    405

    BBBY

    BBBY, Bed Bath & Beyond Broke!! Down 25% today alone, 96% from it’s lunacy ATH fueled by reckless speculation and YOLO call buying from idiots listening to crooks like Ryan Cohen. Look out for more...
  14. Thread: 2023

    by ETexBasscat
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    The Fed won’t stop raising rates anytime soon...

    The Fed won’t stop raising rates anytime soon with a hot job market with people getting over 7% pay increases YOY for staying at their current job and over 12% for hopping to another company. Rates...
  15. Thread: TSLA

    by ETexBasscat
    Replies
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    5,593

    In this environment, the only thing I would be...

    In this environment, the only thing I would be picking is value over growth. However, I think everything goes down from here with high valuation names much more than others. I’m holding out on...
  16. Thread: TSLA

    by ETexBasscat
    Replies
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    5,593

    Don’t worry Tesla fanboys, mama Cathie Wood...

    Don’t worry Tesla fanboys, mama Cathie Wood bought another 175,000 shares. We all know her track record has been stellar as of late…….ouch
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    Look for high yielding savings accounts. Capital...

    Look for high yielding savings accounts. Capital One is yielding 3.30% at the moment and has been increasing with each Fed rate hike.
  18. Thread: 2023

    by ETexBasscat
    Replies
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    My prediction, S&P will first retest June lows...

    My prediction, S&P will first retest June lows and will fail going down to the highs in 2020 just before Covid around 3300. It will probably get a bounce there for a while before ultimately going...
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    Getting and staying out of debt, saving as much...

    Getting and staying out of debt, saving as much as you can and living below your means is the foundation for ordinary people to build wealth. Not everyone needs a seven figure bank account to be...
  20. Thread: TSLA

    by ETexBasscat
    Replies
    143
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    5,593

    Can you imagine buying this at $400 on margin!!!!...

    Can you imagine buying this at $400 on margin!!!! Don’t gamble with money you can’t afford to lose and definitely not on margin! What the heck were people thinking with these valuations, it would...
  21. Thread: TSLA

    by ETexBasscat
    Replies
    143
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    5,593

    Two common mistakes I see in this thread. ...

    Two common mistakes I see in this thread. Mistake 1: Buying this at nosebleed valuations. Mistake 2: Believing in Musk telling the truth. In the end, both mistakes will make you broke!
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    I would say that’s a pretty good buy. I’ve been...

    I would say that’s a pretty good buy. I’ve been tinkering with the idea of scaling into SPXS. The thing I’m hearing a lot of is how the VIX has been so muted and pushed down lately. I’m not sure...
  23. Thread: TSLA

    by ETexBasscat
    Replies
    143
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    5,593

    Musk can’t unload his shares fast enough on his...

    Musk can’t unload his shares fast enough on his cult followers!
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    ARKK Cathie Wood

    ARKK down 80% from the all time high. Anyone do a sanity check on Cathie or her “investors” lately?
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    Santa rally came early this year, now comes the...

    Santa rally came early this year, now comes the dump!
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