Investing General Discussion
- Thread starter Furious
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Sanrith Descartes
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Mist
REEEEeyore
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Yeah that's the problem, now we're going to get inflation+recession+stock market crash vs just inflation and tendie shortages.
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I still have $90,000 in cash from last year I haven’t put into anything. Wen bottom. 
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Sanrith Descartes
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Rajaah
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I still have $90,000 in cash from last year I haven’t put into anything. Wen bottom.
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Also my question.
When bottom?
Probably once Boogeyman Pox hits the news waves.
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Sanrith Descartes
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I still have $90,000 in cash from last year I haven’t put into anything. Wen bottom.
View attachment 413373
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Sanrith Descartes
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Sanrith Descartes
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Sanrith Descartes
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That face when you are trading blocks of QQQ and SPY worth $200m - 300m.
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Sanrith Descartes
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For those playing at home who havent jumped off a rooftop yet, the long term support level for FTEC is $89.56. That brings the price action back to The 2020 election week. That is about 7.5% away. So maybe on Monday we hit it.
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Sanrith Descartes
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Even the defense contractors are getting raped this week. No safe havens.
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Sanrith Descartes
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So maybe a time for a little perspective. QQQ at the Corona Black Monday low was about $167. As of right now we are at $282. We are still 69% above the Black Monday low. If you bought on Black Monday you are up 70% over 2 years.
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Sanrith Descartes
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Furry
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When turbo inflation hits we’ll be in for a shocking rally no doubt. That’s why I’m trying to shovel money into this dumpster fire.
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