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Re: trding post# 40029

Thursday, 05/12/2022 8:47:55 AM

Thursday, May 12, 2022 8:47:55 AM

Post# of 51739
trding, if you look at the "fear/Greed" indicator, we have fallen into Extreme Fear @ 6 (scale of 0-100).
IMO, this is just an opportunity for the markets to continue to drive fear into people to push sales of stocks. It is yet another fortune grab by the ultra-wealthy. Yes, there is a War...there are ALWAYS wars. Yes we have a supply chain issue, but it is not insurmountable.
A lot of big producers are hiking prices with no clear basis on why they are doing it to this extreme.

This will all settle out by summer IMO as they will not want to continue collapsing the economy for Political/Profit's sake.

Best to all longs...I plan on buying and cost-averaging every step of the way.
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