Posts by Ronald Hayes

Mark, if you were talking about me, I’m still not quite at 100% cash yet.
My goal is to keep about 80% of my capital in liquid cash.
I plan to hold onto the other 20% in positions.
That’s also my answer to Anderson—when I mentioned everything earlier, I was specifically referring to that 80% figure.

P.S. I know I can be a bit confusing sometimes, but that's just how I am...

Maria Barnes said:Then why aren't you acting on your own predictions? If Crosby is sitting at 3,461 right now and you expect it to drop to 3,000-3,200, why not sell now and buy back later? The profit—or loss—is too massive to ignore.

The only thing separating you from that cash is a broker commission and nothing else, which is a tiny fraction of the losses you're predicting.

Seriously, give me a straight answer. 🙂

That's a fair point. Honestly, I'm thinking about offloading a larger chunk of my portfolio this Monday and waiting for that 3,200 mark.
I suppose that might be a solid move.
Every single day I think about selling, I try to get in line first, but then I just get pushed aside. And I find myself telling myself, "No, they won't screw me over that badly; by the end of the day, the price will probably still be decent."

I have a feeling that the Fed is going to have a massive impact here—if it doesn't shake up the entire market, it’ll certainly trigger some movement for Corber.
Once they finally sort out the crisis surrounding the veterans' fund, there might actually be a chance for a recovery.
Anyone who’s been sitting on the sidelines in cash for the last five or six months probably sees this as their window to jump back in.
Personally, if I were still holding cash and Crosby hit that 3000-3200 range, I would have loaded up on the most liquid stocks available.

P.S. Just to be clear, this is (not) financial advice or an invitation to buy shares.

Rebecca Sanchez8 said:Honestly, I think this entire thread is just a reaction to you (unfairly) leaving the old pro out of your Top 10 list for "predicting NYSE movement." He took that one pretty hard, didn't he?

🤣😁🤣😁🤣😁🤣😁🤣

p.s. I'm definitely not some Walter clone😂

If I recall correctly, our colleague Walter was actually pretty high up—probably in my top three, though my list isn't even fully finalized yet.
The man just gave up; he doesn't buy into this kind of speculation. I guess it's just guessing at this point.
So, I decided to respect his choice. 👍

Rebecca Sanchez8, which Nasdaq are you talking about?
I was actually thinking of the S&P 500. :bong:

I’d say the Nasdaq is looking at maybe 0.3% at most.
Given how much chaos is going on globally right now, I guess you could even call that an excellent result.

You’re dead wrong.
Poor USA.
Everyone over there is whining about everything.
Meanwhile, things are just fine where I am.

I have to agree, this article definitely earns its own thread.
Stocks will always be a solid buy, regardless of any recessionary fears we face.
Ever since capitalism took off, anyone holding quality capital—meaning good stocks—is going to end up even wealthier. Or, as they say in the States: the rich get richer, and the poor get poorer.

P.S. We are at rock bottom, or at least incredibly close to it. Especially if Barack Obama wins the presidency (or even Hillary Clinton), because we're looking at a massive pivot in the entire financial landscape.

Any predictions for tomorrow?
Should we be aiming a little higher on the rankings tomorrow?

P.S. And here I am, just sitting around miserably waiting for the closing bell.

Monday's over, but I’m still buzzing from everything that went down.
What does Tuesday actually have in store for us? A continued recovery? I doubt it. More shedding? Maybe. Smooth sailing through calm waters? Honestly, that's something only the big hedge funds and the top-tier pros can pull off.
For the rest of us, it's just a matter of playing the waiting game and praying for a turnaround.

P.S. I'm taking my lumps right now, but I've got plenty of dry powder ready to go once some decent deals pop up mid-week.

My thread, my first response.

1. I’d probably pick up some AT&T at 275. Assuming the closing price holds on Thursday, anyway.

This thread follows up on what you guys posted earlier today, though it veers off in a slightly different direction.

1. So, if you had to pick one stock right now, would you be buying or selling?
2. And at what price point would you pull the trigger?

Matthew Miller55 said:I’m expecting us to hold steady between 4,100 and 4,200 before we see a slide down to 3,800. We might see some fluctuations around the 4,000 mark, but if we lose that 3,800 support, things could drop all the way to 3,200. Honestly, I don't see much upside until the fall rolls around...

If that actually happens, it’s going to be an absolute disaster. Let's just hope it doesn't come to that.

Thomas Martinez67 said:Back to the 4600 mark on Crobex 😍

If that actually turns out to be true, it would be great.
But honestly, I’m worried things will go the other way. I have this nagging feeling we're about to see a massive sell-off from institutional funds, fueled by pure panic over everything happening in the US, Mexico, and Kazakhstan. 😁

What even is spirituality?
Based on your various posts, it seems like "spirituality" is such an incredibly broad category here that, if I’m following the logic of the folks on this forum, it basically covers everything under the sun.
Honestly, I’m struggling with this whole term.
Does it actually have anything to do with spirits in an ontological sense, or are we talking about something more anthropocentric?

Thomas Clark912 said:Here’s another nugget from my fifteen years in the grind. Honestly? I think retail is dead in America. The only way anyone survives is if they're running some hyper-specialized boutique, especially if they actually own their own storefront (just look at Walmart—they can afford to bleed money for five years straight just to crush the competition). If you want to make it, you have to sell brains and services instead.

Well said. 👍
So, basically, a small business has to be hyper-specialized to even stand a chance.
If I were in your shoes, I’d find someone in a major US city who has run similar shops and just copy their best strategies. A pet shop isn't anything groundbreaking on its own. You need to come up with, as you put it, that layer of intelligence and service—something the big retail chains completely lack, but your business can provide to set itself apart from everyone else.

If you're saying that, I guess it means you’ve got more experience and know-how than I do since you actually worked in that field.
Still, I find buying dog supplies at big-box retailers like Walmart to be pretty pointless, but just because pet ownership is everywhere now doesn't mean the level of care and quality people provide for them is actually any better.

rustyheron22 said:Are you absolutely certain about this? Every local pet shop I know has folded lately—only the massive chains like Petco seem to be hanging on, and even they aren't exactly thriving. Honestly, I wouldn't call this a brilliant move. 😕

Dear rustyheron22,

Unfortunately, I have to disagree with you there, because it seems to me that America is a land of plenty for large-scale pet retailers.
Every little corner store sells some kind of pet food.
Maybe I'm wrong, and maybe I'm totally off base here, but it looks to me like a chain like Petco is doing quite well for itself.
Listen, they sell huge 15kg bags of dog food $100. The margins on stuff like that have to be massive, not to mention all the little plastic toys, leashes, and other gear that brings in a solid profit.
My idea might be to actually reach out to one of those big chains and perhaps work under their branding—running a location for them in exchange for a decent salary.
A major metro area like New York probably needs five more massive pet superstores, and then you have all those smaller cities that still don't have specialized, large-format pet shops. Those areas could definitely offer some real opportunity.
Anyway, that’s just my take on it, and if I'm wrong, please feel free to set me straight.