Can Stock Watch

OK so………

Let this simply be a lesson to you. You are NOT PREPARED for a market melt down. You are not protecting your gains……you are NOT PREPARED for “this” in any possible sense, as you’ve just seen the entire year of 2018 ERASED in a matter of days.

No judgement here. We are all learning. We are all doing the best we possibly can.

Or are we?

History repeats itself ( or so you’re told ) so Ok….let’s take a quick look at that.

This is the longest BULL RUN ( now going on 10 years ) in THE ENTIRE HISTORY of the stock market. Stop for a second and ponder….the longest bull run EVER, on the heels of the largest money printing experiment in the history of mankind…now 10 years out! This has NEVER HAPPENED before. EVER!

The brainwashing at a maximum as…….when you look in the mirror tonight before bed and you actually consider things are just going to “keep moving higher”?? Madness. This is pure madness, and in my eyes….completely irresponsible.

Impossible.

Did you learn anything the last time around?

If this “shot across the bow” hasn’t been enough to shake you out of your complacent / oxy driven sleep well…….I have little sympathy. This is a blessing for those who care to open their eyes.

THE ALGO’S HAVE SWITCHED FROM BUY TO SELL.

The big boys are essentially already out!!! Bam! Just like that….one years worth of CNBC hype –  your cash now transferred to your broker / bank as you capitulate / sell at the bottom. Indeed…..history repeating itself. THE BIG BOYS ARE ALREADY OUT!

So….what happens next?

Retail buys the dip.

The media swings back into full-blown promo, the numbers keep coming in / data not “too terrible” ( fok…….are you nuts?? Housing will never recover the previous highs, tech “might” push on, transports not going to recover the previous highs etc…..) – The list goes on.

Housing Off A Cliff

While you where off golfing in Phoenix. The algo changed. This will NEVER recover as indication quite similar to the fall of 2007-8. Housing hooped and interest rates GOING UP!

So what do I do?

If you have anything left at all ( which for most is likely a big fat “0” ) you do indeed buy this dip……as one of the last runs towards the highs. IF! – The highs are reached again.

Throw greed out the window = you lost. You are now a bag holder. Period.

If lucky…..my suggestion is simply to sell every fokin thing you own prior to May 2019 – IF NOT SOONER as……the profits you saw on paper a month ago are very unlikely to return. THEY WILL NOT RETURN!

So this is not a time of greed……this is not a time for complacency..this is a time for protection / caution / plan for the fall out.

2008 gonna look like a total picnic. Stocks to shed some 50-60% value / market cut in half. Total economic destruction. Why on earth would you hold thru 4 years of that? ONly to find yourself below break even?

I won’t allow it.

Prepare now.

Selling is your goal. Not buying.

Pots. Stocks. Watches……..

Nothing really new here, short of a quick breakdown of my “preferred” in all categories, so….ya that’s right. Pots, stocks and watches. You got a problem with that? Now now…..

It all comes together if / when you recognize the corelations.

Let’s start with pots.

For me its very simple. You buy the absolute best pots you can afford, and take care of them. They can last you a lifetime.

My personal favourites are “Le Creuset”.

Founded in 1925, Le Creuset Cookware Company has come to be known for its production of high quality and individual enameled pots and pans. The first of their products was a covered casserole (called a cocotte).

As the company grew, it became increasingly popular. As such, Le Creuset started adding to its line. After World War II, the company continued making cookware – even proceeding to export all over Europe and to the United States.

Le Crueset Pots

Here are a couple of reasons why I love the cookware they sell:

– It is durable

– It heats food evenly and perfectly

– You’ll have an easy time with the cleanups due to the enameled coating

– It looks amazing

– It is of a high quality

– It can be used with ceramic, induction, electric, and gas ranges

– The flat bottom will sit well on your cook top/stove

– It comes with porcelain enamel coating that won’t absorb flavors or odors

– The lids are designed to seal in flavor and moisture

– The knobs are heatproof (up to 450 degrees Fahrenheit)

– It’s heavy, meaning you should be able to turn off a casserole or soup 30 minutes before it’s due and the food will continue cooking within the retained heat of your pot.

These pots are absolutely amazing. I highly recommend them.

Now Stocks…..

These days markets are on fire with just about everything under the sun going up. Tech stocks have taken a reasonable pullback and its fine time to just get back into the market and start buying.

These days I’ve been buying several low share price Canadian stocks, as well as keeping an eye on oil as well the usual high flyers such as Tesla and Apple.

Watches

No brainer here. I am the proud owner of a Breitling Super Avenger II.

Avenger and Super Avenger timepieces from Breitling are two great self-winding mechanical chronographs that have the capability to withstand substantial water pressures, up to 300 meters. These diving timepieces come from the series that includes exceptional products for divers, both mechanical and with Superquartz movements.

Unsurprisingly, since it is the case for the entire palette of Breitling’s products, the faces of Avenger and Super Avenger are guarded with cambered sapphirecrystals that were treated to be anti-reflective on both sides.

Here’s a quick look at mine:

breitling-super-avenger-ii-watch

So there is it….in a nutshell if you do all right picking decent stocks well………you just might be able to afford the pots and watches.

I’ve got little to add……the crypto space has now bottomed with Bitcoin retracing to the full 61.8 Fib mark.

For those of you “chickens” still not interested in getting a Crypto Account – you can research the stock symbol GBTC – Bitcoin Investment Trust – I just bought 10k at 11.75

This thing will move up as bitcoin does.

Have atter….I’m off to binance.com to purchase more Tron at .04 cents

forex_kong_happy