Archived

This topic is now archived and is closed to further replies.

pstall

Everybody got their stock portfolio ready for the "fiscal cliff"?

16 posts in this topic

Just making sure nobody gets blindsided on Monday. Just do your homework party peoples.

Share this post


Link to post
Share on other sites

Must be the fact I'm on my phone that all the useful information is blanked out in the OP.

1 person likes this

Share this post


Link to post
Share on other sites

Must be the fact I'm on my phone that all the useful information is blanked out in the OP.

pre auto correct

Share this post


Link to post
Share on other sites

I don't see much happening with stocks if we go over the cliff.

1) It should be somewhat priced in already

2) Stocks are based technically on earnings streams and companies should be prepared in general to weather another recession.

I'm not selling anything right now but it may also be stock by stock.

Share this post


Link to post
Share on other sites

correct. i don't sweat stuff thats priced in(sounds like a big of a quant talking) or earnings etc.

its the random lot theory i adhere to on stuff like this. millions of non pro's doing who knows what with their holdings that can not be priced in or factored.

like i said. the idea is to make sure nobody gets blind sided. i would hate for someone to be 100% in something and it be at risk depending on how the cliff talks go.

Share this post


Link to post
Share on other sites

Is this another pstall predicts a crash worse than 08's thread?

Share this post


Link to post
Share on other sites

not at all. making sure errybody is not flat footed. the cliff won't be felt instantly for many. think of it when you see the Wyl E Coyote fall from a cliff. You see him get smaller and smaller and smaller and then you don't hear him and then SPLAT.

but i was pretty close on that 08 thing tho. lol

Share this post


Link to post
Share on other sites