Replies to post #18754 on General Stock Ideas

[gfp927z]

Ombow, >> overall market is toast <<


Yes could be, but is the alternative to put everything in a speculative bio stock? Better off just parking in cash than to risk losing 70-90% overnight when the binary event wager blows up.

Investing in hard assets looks like the smartest move right now, considering that the 'great reset' is fast approaching. Maybe a rural 'retreat' type place that could double as a vacation home. Bill Gates has been buying up farmland like there's no tomorrow. Paper assets like stocks and bonds will be the most vulnerable to the 'reset'. Gold and the miners have been dropping since peaking last summer, and during the Covid meltdown last March, they were crushed worse than the stock market. I don't know. It's a tough time to be an investor.

[bigworld]

ombow: I totally agree. But the Fed has always managed to intervene the markets toward higher prices. They allow some steam to escape but at the right moment they always unleash a mountain of liquidity and utilize their proxy traders like Citadel to buy umpteen Billion worth of e-Minis overnight to juice the market. With the fundamentals where they are I would ordinarily be short with 50% of my net worth. I could write a chapter on how overvalued this market is and how it is 180 degrees out of phase with the underlying economy. But as long as The Fed can print unlimited Dollars to chase asset prices a person can't over commit to the short side. That's why shorts as a percentage of total market cap is at one of the lowest levels in history, and speculative excess like margin debt is so high. Eventually the stock market is going to lose 60-80% over the next several years. But a Dollar crisis from excess money printing will have to arise first, which would handcuff The Fed and force interest rates to rise significantly. That will kill the stock market.