well, I'm on this bucking bronco of a fund, my limit order hit at 12.30 for MORL. Very volatile, + pays huge dividends. I won't surprise me if it gets back into the upper 11's. Then hopefully will take a run up, but who knows? My retirement is is still on the sideline, this is just with fun money to see if I can make a good play.

In theory anyhow, I will have a nice sized car lot and auto repair buisness here to sell come time to retire if I keep re-investing and building it up. Or let one of my employees or sons keep running it for me after retirement.

Long bumpy road ahead.

Back to about 50% cash....sold right before closing... almost predictable right now.

I checked my account and my YTD is down 3.9% 1 month is down 5%, 6 months even and 1 year up 5%. The loss in dollars is painful to see but there is no way the market should have been that high in the first place but it's been like that for years and trying to call a top was a bad investment and would have cost a lot more. I'm also 50% cash and would not be surprised to see a couple of 2,000 down days when the margin calls and options come due.

Dang Joel for a guy that says he was scared you sure picked a risky investment. Lol

Big short covering rally into close on Friday.

IMO, there is more downside as there has not been that capitulating sell activity. Probably going to see some big swings either direction with the trend down for a bit longer. Also when the slope of "new" infections chart levels off, that's when things will go back to normal and the idiot monetary policy will ramp again. Get ready for zero or negative rates.

When the virus thing is out of the headlines, any of the delayed activity will likely ramp into the next few quarters. As long as businesses can stay afloat with limited inventory. When you place so much of your economy and manufacturing in one location, you get risk of severe shock when the peasants can't go to work!!!

People just didn't want to be long through the weekend in case the Government came out with another bailout or if the news got worse. It will really get interesting when options expire at the end of the month which also is the end of the first quarter.

The 10-year Treasury yield broke below the 0.5% mark for the first time ever earlier today. It's going to be a bumpy week for the market.

Check out the oil futures after Russia told opec to take a hike

Crude was as low as 27.30ish tonight.


Crude is the most manipulated market traded. What one or two players can do to it. Lovely.

Still trying to figure out why the fed lowered the rate... took all the fixed income people out of the market. That will only slow the recovery as ma and pa kettle millionaire will just quit spending. Just the dumbest move. Hate to hope for bad but stocks at half to a third of the price and a ranch house with some land cheap would be perfect for me right now. Anyway, good luck today in the market, never thought I would see oil that low, have to learn to never say never.

The first circuit breaker has been triggered.

For several years now I put in some really low buy orders I think would never fill and 6 of the 10 orders hit in the panic this morning. What is surprising is the flush happened so fast they had to fill 3 of my orders for less than I bid. All 6 are up now.

It's getting so pathetic right now in the stock market even I would get in if I had cash laying around, I would also buy oil stocks, the big players will not let this low price linger very long at all.

As much as I want to....not trading anything today. Going to let the next few days and week find a direction. I did add some small orders to my retirement account. Basically took my monthly contribution for month and deployed those early in case we get a bounce before the end of the month. May do the same thing later in the month if we are still down and consider that my April contribution.

Man Caterpillar {CAT} looks tempting down to June 2017 low and yields almost 4 %. 13% lower today @ $105.32 might be time to place a buy with half @ $100 & half @ $95???


Wow MORL is down over 14.5% today! That's a Jan. 2016 low

Russia is trying to bankrupt US fracking companies so it can control the oil market.

They tried that a few years ago, good old fashioned american ingenuity kicked in and we fingered out how to do it even cheaper.

Last week I read a paper about a HUGE deposit had been discovered in West Texas, but now I can't find the link. It was a pretty dry read, but the gist was it was going to be reduce the demand for shale deposits to be accessed.

This whole stock market thig is crazy right now. I learned that some BIG player got destroyed Friday on the VIX. Caught in Gamma Squeeze put them in a "We're ruined Mortimer!" situation.

All things considered.......I'm glad that I bailed out when I did.

Have you thought about trying to find an entry point to get back in if/when your target gets hit? If you like your companies and they are solid, they will most likely rebound since this “panic” is not a financial issues as much as it is a fear driven campaign.