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Old 02-25-2024, 11:02 AM
 
Location: PNW
7,477 posts, read 3,219,325 times
Reputation: 10633

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Good to deploy once the market has taken a huge hit.

I know it's wrong right off the bat because I am attracted to it. It's gambling. That's why. Being born in Vegas.. ..something happens...
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Old 02-25-2024, 11:04 AM
 
106,568 posts, read 108,713,667 times
Reputation: 80058
Quote:
Originally Posted by Wile E. Coyote View Post
Good to deploy once the market has taken a huge hit.

I know it's wrong right off the bat because I am attracted to it. It's gambling. That's why. Being born in Vegas.. ..something happens...
let us know when you actually act on something
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Old 02-25-2024, 11:09 AM
 
Location: PNW
7,477 posts, read 3,219,325 times
Reputation: 10633
Quote:
Originally Posted by mathjak107 View Post
let us know when you actually act on something
When the stock market is down 50 to 80% and someone like Warren Buffet comes out and says we have hit bottom (he did it during the great recession and also called the bottom of real estate in 2012).

I see you have already employed my Oil thesis with your DBC over on the other site.
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Old 02-25-2024, 11:11 AM
 
Location: PNW
7,477 posts, read 3,219,325 times
Reputation: 10633
I think it's too early for oil just because everything is going to tank by the end of the year. But, I think it is a 5-year play after that. Maybe more.
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Old 02-25-2024, 11:13 AM
 
Location: PNW
7,477 posts, read 3,219,325 times
Reputation: 10633
Find us a leveraged big oil portfolio MJ//Mogul. Make my tiny money more powerful.
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Old 02-25-2024, 11:13 AM
 
106,568 posts, read 108,713,667 times
Reputation: 80058
Quote:
Originally Posted by Wile E. Coyote View Post
When the stock market is down 50 to 80% and someone like Warren Buffet comes out and says we have hit bottom (he did it during the great recession and also called the bottom of real estate in 2012).

I see you have already employed my Oil thesis with your DBC over on the other site.
nope , i have been . trading dbc for years . the 5% sell off this week in oil made me do it again
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Old 02-25-2024, 11:17 AM
 
106,568 posts, read 108,713,667 times
Reputation: 80058
see dbc trades. i have 2 or 3 years of trades in it

i bought and sold it for a quick 600 bucks in a week in march

Mar-23-2023
Rollover IRA ***2916
YOU BOUGHT INVESCO DB COMMDY INDX TRCK FD UNIT (DBC) (Cash)
-$24,974.04
Date
03/23/2023
Symbol
DBC
Symbol Desc.
INVESCO DB COMMDY INDX TRCK FD UNIT
Type
Cash
Shares
+1,092.000
Price
22.87
Amount
-$24,974.04
Settlement Date
03/27/2023



Mar-30-2023
Rollover IRA ***2916
YOU SOLD INVESCO DB COMMDY INDX TRCK FD UNIT (DBC) (Cash)
+$25,570.53
Date
03/30/2023
Symbol
DBC
Symbol Desc.
INVESCO DB COMMDY INDX TRCK FD UNIT
Type
Cash
Shares
-1,093.000
Price
23.395
Amount
$25,570.53
Fees
$0.21
Settlement Date
04/03/2023
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Old 02-25-2024, 11:30 AM
 
106,568 posts, read 108,713,667 times
Reputation: 80058
Quote:
Originally Posted by Wile E. Coyote View Post
Find us a leveraged big oil portfolio MJ//Mogul. Make my tiny money more powerful.
buy UCO or WTIU …but why , you won’t buy it
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Old 02-25-2024, 11:35 AM
 
Location: PNW
7,477 posts, read 3,219,325 times
Reputation: 10633
Quote:
Originally Posted by mathjak107 View Post
buy UCO or WTIU …but why , you won’t buy it
Not available in my 401k MJ. All my savings go there right now. .

Last edited by Lizap; 02-26-2024 at 06:16 AM.. Reason: Deleted off-topic comment
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Old 02-25-2024, 11:36 AM
 
Location: PNW
7,477 posts, read 3,219,325 times
Reputation: 10633
Quote:
Originally Posted by mathjak107 View Post
see dbc trades. i have 2 or 3 years of trades in it

i bought and sold it for a quick 600 bucks in a week in march

Mar-23-2023
Rollover IRA ***2916
YOU BOUGHT INVESCO DB COMMDY INDX TRCK FD UNIT (DBC) (Cash)
-$24,974.04
Date
03/23/2023
Symbol
DBC
Symbol Desc.
INVESCO DB COMMDY INDX TRCK FD UNIT
Type
Cash
Shares
+1,092.000
Price
22.87
Amount
-$24,974.04
Settlement Date
03/27/2023



Mar-30-2023
Rollover IRA ***2916
YOU SOLD INVESCO DB COMMDY INDX TRCK FD UNIT (DBC) (Cash)
+$25,570.53
Date
03/30/2023
Symbol
DBC
Symbol Desc.
INVESCO DB COMMDY INDX TRCK FD UNIT
Type
Cash
Shares
-1,093.000
Price
23.395
Amount
$25,570.53
Fees
$0.21
Settlement Date
04/03/2023

So, also a market timing trader in your spare time -- LOL.
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