Total head fake. It feels a lot like 2007. Gas prices through the roof, housing prices throughArchived Message
Posted by skankhunt42 on May 4, 2022, 17:36:31, in reply to "Check yer stocks?"
the roof. The Fed trying to siphon liquidity out of the market. I took the opportunity to write some calls today on things I don't mind converting to cash. Cash with it's negative 7 percent real return will still likely perform better than the stock market once the oil prices start really crushing consumer spending.
But then again, I have correctly called 69 of the previous 3 bear markets.