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Number sleven

12/07/21 12:31 PM

#362362 RE: Whalatane #362361

Kiwi, I picked up a few shares this morning.
Sleven,

FlyFishingStocks

12/07/21 1:01 PM

#362370 RE: Whalatane #362361

Kiwi,

I dont believe consumers / investors are burdened by excessive debt .
Anyone who hasn't refinanced their mortgages to around 3% fixed for 30 yrs are idiots .
When in your life have you been able to borrow long term for around 3% per yr ?



Don't think so. As of November, credit card debt hit an all time high.
US credit card debt hits all time high

Most of those who did refinance at a lower rate, also took cash out, hence increasing their debt burden, not lessening it.

As for investors,
‘Margin Debt’ Is Rising. It’s Becoming a Risk for Stocks.

I disagree with nearly everything you wrote with the exception AMRN and this board's sentiment. I too went long after buy signals flashed on the heels of a dip to the value zone as mentioned in this post:



I also added more after this post regarding 8's 12/2 departure:



Like clock work, the stock goes up :)