You guy’s don’t want to see this happening–I’ve been drawn back into the dark world of individual stocks.
Just now I went to the market and picked up some JOY.
Know this: I have not purchased a single stock in 2016, yet here I am, atop the bulletproof market rally, buying Joy Global. Be afraid.
See also: Stock Market Stuck on Win
Seriously, I bought shares in a company. I am the one they smell and destroy. Joy Global manufactures underground mining machinery and surface mining equipment. SMH
I found the rally and I intend to kill it. Godspeed lads.
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With a ticker like that, you are indeed tempting the market gods. Perhaps you’ll get lucky and they’ll fill the gap at $22 before the real collapse in commodity prices commences.
I’d love to join you and/or match you with a purchase of X – US Steel. . . but I don’t intend to get sucked into the false narrative.
Rather miss out on the rally instead of get crushed being long at a top.
KMI / FCX / TRN / X are all on my scouter for when oil goes sub-30 again and copper cheapens
Congratulations. Working so far.