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When Does The Stock Selloff End (or, should I invest in SS Rolex models?)

gbesq
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This seems like an appropriate time to revive this thread. October was a very good month for stocks and November is shaping up pretty well so far. Inflation seems to be moderating, the housing market is cooling, the labor market is still strong, and it looks like we can look forward to another 2 years of gridlock in the Congress. So, are we off the market lows and on the way back up or is this a bear market rally?
 
pdxleaf
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gbesq gbesq
... are we off the market lows and on the way back up or is this a bear market rally?

Yes.
 
Davidt
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Yup. On their way back down shortly I reckon.
 
BlackTalon
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Sideways for a while, within a 10% or so range. More of a time to trade than to invest for the long term, but some good names can be accumulated on dips.

I wish the labor market would cool a bit, but unfortunately I don't think that will happen any time soon. New construction is not slowing much in my region, either.
 
Ogion
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Is there an official OF investors thread? Can鈥檛 help but think it would be a nice addition.
 
cvalue13
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Ogion OliverJ
Is there an official OF investors thread? Can鈥檛 help but think it would be a nice addition.

ones that haven鈥檛 been locked for inevitably devolving?

No
 
johnireland
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The Great Depression has some wonderful examples of Bear Market rallies. None of the serious financial issues facing this country have been addressed, and going back to printing more money isn't the solution. As the old saying goes, "never be the first to arrive at a party, nor the last to leave." Of course each of us can have different investment time lines and financial requirements, so one size will not fit all. I'm in no hurry to make a profit, and I am very conservative about not encountering unnecessary losses. When I see a real plan to begin paying down the national debt, and to reducing unfunded mandates, I will be much more optomistic about investing.
 
Ogion
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Fair enough that does make sense actually

cvalue13 cvalue13
ones that haven鈥檛 been locked for inevitably devolving?

No
 
RevZMan123
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Luxury bazaar did a write up on "investing" in watches this morning. They raved about 3 or 4 different AP royal oaks and how they all beat the s&p500.

So my tip is go back in time buy them at retail, sell them 6 months ago, profit!
 
Scooterino36
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cvalue13 cvalue13
ones that haven鈥檛 been locked for inevitably devolving?

No

The thread where the guy was selling all his watches to buy gold (with a plan to subsequently buy them back with all his gains) and quoting something about Time and Pyramids was a personal favorite of mine. I can only assume that one is locked.
 
Evitzee
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Indications are that the economy is still floating along on the insane amount of money that was poured in during Covid, but people are running out of that money now. We will probably have a recession next year because inflation is still rolling along, I don't believe it is moderating at all. Just look at food prices.....up, up, up and some shelves are now getting bare. Tech is now shedding a LOT of jobs and that only adds pressure towards a recession. There are some sectors that will hold up, fossil fuel energy in particular, but investing is a bit trickier now as we work through these issues. Remain nimble if you are going to need your investments in the next couple of years.
 
Walrus
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https://finance.yahoo.com/news/jeff-bezos-warns-consumers-halt-175236110.html
Jeff Bezos said don鈥檛 buy a watch now, well not really but he has a gloomy outlook. I haven鈥檛 been looking at the consumer confidence numbers but every time I go to the grocery store or Home Depot you can hear people complaining. Myself included. We did get into energy and certain sectors of health care early in the crash along with some commodities but yeah it鈥檚 getting to the point I just don鈥檛 look at my 401k or 403b etc. All it takes is a speech from JPow to ruin a week. As someone else mentioned a lot of the pundits I listen to make a good case for 2023 being worse. I figure the market will either go up, down or move sideways. That鈥檚 my prediction
 
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