Day traders&#039; after-market lounge June 23

Originally posted by mirren: ↑

7 days left of June -
It seems everything has been really pushed down dumped just horrible - Every year it is nasty - this year is worse with the overall market conditions - Just watching to see after the US trades on the weekend IF we see some buying/bargain hunting stepping in next week or not -

Probably a good time to reinforce the comment sell in May and stay away - the slide since the last puff in April has been harsh - However - I do see a lot of peeps that seem to not really realise this is a normal event - the old dip buying - trading things that are pumped up - they fall the hardest when this type of situation happens -

Sometimes it is just best to be in cash and wait for this part to be over... and also the world markets - that is why we watch and look at the charts and the overview - - It does disturb me a bit that some of the peeps that are new to trading get stuck in the rat trap - but I guess part of the learning curve is to learn this stuff - and also to really get your heads around the fact that the overall markets are really teetering at their support levels and things can get worse in a world sense -
I am not a bear by nature - there are always trading opps - but learn how the whole beast works before you go all in -

The Pom has travelled well today he is very cranky but he can at least walk a bit now - gonna be very interesting to see how he goes with my sis's dog - mazie - she is a cross lab kelby = hope she can accept him - should be right she is just ball crazy - and usually ignores other dogs lol - have to be careful how we introduce him -
I can't wait to get back

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It was getting quite obvious the markets were going to get smashed when the CPI was getting out of control with ridiculous "Green policies" without back-up infrastructure in place when it comes to reliable energy. The EU+US sanctions was the nail in the coffin for me and started liquidated my positions months ago and moving into presious metals. Also US consumer sentiment was very low was an indicator that less liquidity was in the markets

The FED has recently stated their wont be a "soft landing" so I'm expecting a heavy 100 to 150 basis points if not higher to crush the inflation. The only issue is, all Nato nations including us are getting rid of fossil fuels without back-up measures in place. So the question is where does this end up?

Also Russia, China & the Bricks nations has a meeting today stating they're working together to build a currency backed by commodities while the USD is backed by debt & their only solution is to create a World "CBDC"

We're losing the war in Ukraine & Russia is clearly got the supply of off energy, materials, food etc etc which make up 30% on the world reserve.

Everyone should start taking measures in place to protect their wealth & families as the future looks grim.