Today Market September 2022

I think we take out the lows from earlier in the year. I rarely go short, but I’m short QQQ and SPY via puts.

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You become a bear? Bearish sentiment is contagious :mask:

Short-term, yes…

FedEx used the R-word…

This really is crazy, since we have negative GDP growth AND high inflation. There are no good solutions.

Did you sell all your short term stocks?

No. I still have some BILL. Then I’m 25% short and the rest cash. We’re in uncharted territory and the market hates uncertainty. Odds seem pretty high the fed overshoots on rate hikes and crash lands. I guess the good news is rate cuts will happen sooner rather than later.

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you sold MNDY? @marcus335

why not just buy SQQQ?

I’m @50% cash in short term right now. Long term/401k/IRA will let it ride.

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wow. lots of people shifting to cash. I am 2/3rds invested and 1/3rd cash.

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Wow, look at all these professionals here.

All this cash is coming back to market in November for a Santa rally :slight_smile:

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I sold it a long time ago. My BILL position is much smaller now too. I honestly don’t understand the pain from inflation, but it’s impacting most people a ton. It’s ugly.

SQQQ is different. I don’t like the short ETFs and the way they work. I’d rather just buy the options myself.

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Thought R-word should be good for stock market since market is tumbling because of inflation. Don’t tell me, inflation, market tumbles. deflation, market tumbles too?

where is deflation?

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Is a good thing. Investors who want to sell, have already sold. So they are waiting to buy. Market is being pushed around by traders.

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?

oh sorry. I thought you’re saying deflation is here.