Do not forget I am in Europe. When Market gets closed it is 10 pm here......So I follow Europe and Asia very occassionaly during the day and after my work I can spend my time on US stocks.....and truth is we do not work on Fridays now....we got 20% off the salaries..everyone....from GM to last worker
I am bored of TV... :)
But not bored of money...
I believe USU will get loan guarantee. Only not sure if it is possible this year. But for sure - when they start to talk about new deadline for LG - then it will be 100% sure thing...and therefore it will be too late to jump in...we have to manage when is the best time to load. Second half of October prior to earnings might be one good period....
We also have to put into considaration fact, that too much money was printed.....And as the dollar may collapse, nobody would like to keep them as cash for longterm....
Some stocks must be a safe harbor....oil, metals, minerals, power, food, pharmaceutics...... alcohol???
In general Most expensive and most cheap products can stay safe???
How deep can oil fall now again?
Oil was at its low cca 40.00 when dollar was 22CZK (March)
Now dollar is 17CZK, so with the logic the lowest value for oil now should not fall below 51.00 usd per barrel...
Everybody can calculate like that so I suggets we can by back shares for long holding again when Oil will start to reach 58.00 usd per barrel.
That may be the bottom again...
But you know, just a speculations....:)
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