Not Buying - Not Selling - Waiting

Garpal Gumnut · 24 May 2022

I am quite sure that all members of ASF are familiar with that absurdist play by Samuel Beckett named "Waiting for Godot". The two tramps await something that will feed and clothe them but which never arrives.

I feel much like them, and have stopped buying and selling and the Gumnut fortune as insignificant as it is in the larger scheme of things sits at 50/50 Aussie Shares and Cash or "safe" cash like investments/accounts.

There is too much whataboutery and where to from here and it makes me tired but not irritable and we are having beautiful days here in Townsville.

I prefer peace and the good things in life so await for a definite crash or a move onwards and upwards with the markets.

Neither would it be the end of the world should either happen but at this point in time I see poor pickings if not actual losses in committing any more cash in to the ASX.

Up a bit, down, down a bit up. I couldn't be bothered really.

I could change on the spin of a coin though.

This must be what ennui feels like.

Does anyone else feel the same way?

gg

Mohammed Hazabig'un · 24 May 2022

As my possible future Employer, I wish you and the Gumnut fortune all the best

divs4ever · 24 May 2022

am mostly in the market currently , yes i think there is a SAVAGE downturn in the wind , but am also concerned there will be some restraint on liquidity imposed ( say a freeze or limit on bank withdrawals )

what's coming will be unpleasant ( for me ) but at least i am mentally prepared , and some prices i am getting now aren't so bad either

the pickings might be currently poor , but that was where i grew up , what bedroom furniture that wasn't home-made was second-hand and repainted/recovered ,

cheers and good luck

Craton · 24 May 2022

Maybe your getting ennui mixed up with patience gg?

divs4ever · 24 May 2022

Mohammed Hazabig'un said:
As my possible future Employer, I wish you and the Gumnut fortune all the best

nope GG won't be employing me , i'm on a disability pension , and they are sick of me being sick so will push me onto the aged pension soon and i think GG is also too far from a serious hospital , and at least the 3 near me are capable of immediate complicated surgery , if i get there in time .

but still wish you all a heap luck , i think we will all be needing it

wayneL · 24 May 2022

I have read the revelation of Saint Jerome. It is secret and only available to the financial gnostics and quite the opposite to the crumbs offered to the proletariat.

By way of symbolism, the four horsemen of the apocalypse are war, famine, debt, and fake pestilence.

By these signs we will know the proximity of the next coming of the messianic bull, will save all of us.

divs4ever · 24 May 2022

so we are only half way there ??

the current dust-up really isn't a war , but famine is approaching fast , and the last two we have in abundance

wayneL · 24 May 2022

divs4ever said:
so we are only half way there ??

the current dust-up really isn't a war , but famine is approaching fast , and the last two we have in abundance

I think they are only just warming up.

Garpal Gumnut · 24 May 2022

Garpal Gumnut said:
I am quite sure that all members of ASF are familiar with that absurdist play by Samuel Beckett named "Waiting for Godot". The two tramps await something that will feed and clothe them but which never arrives.

I feel much like them, and have stopped buying and selling and the Gumnut fortune as insignificant as it is in the larger scheme of things sits at 50/50 Aussie Shares and Cash or "safe" cash like investments/accounts.

There is too much whataboutery and where to from here and it makes me tired but not irritable and we are having beautiful days here in Townsville.

I prefer peace and the good things in life so await for a definite crash or a move onwards and upwards with the markets.

Neither would it be the end of the world should either happen but at this point in time I see poor pickings if not actual losses in committing any more cash in to the ASX.

Up a bit, down, down a bit up. I couldn't be bothered really.

I could change on the spin of a coin though.

This must be what ennui feels like.

Does anyone else feel the same way?

gg

Sorry.

A discrepancy in my reckoning. An Estragon moment.

My gold bar which I've been buying since 1981, all buried, geo-located GPS for the descendants to argue about.

gg

wayneL · 24 May 2022

Garpal Gumnut said:
Sorry.

A discrepancy in my reckoning. An Estragon moment.

My gold bar which I've been buying since 1981, all buried, geo-located GPS for the descendants to argue about.

gg

Sidebar:

Our closest descendants are nephews and nieces which can't be bothered giving us the time of day.

We're going out in style

Garpal Gumnut · 24 May 2022

wayneL said:
I think they are only just warming up.

I would never have thought when I was a lad that Russia would be a godbothering nation with Czarist fantasies and Europe would be an atheistic cripple awaiting the inevitable.

Nor that the USA would be so leaderless, and China so capitalistic and hegemonic.

Perhaps that is why I am waiting to buy or sell in the markets.

Sometimes it just gets too much to take on board and digest.

And the Rolling Stones sans Charlie are about to buy Zimmer frames.

gg

wayneL · 24 May 2022

Garpal Gumnut said:
I would never have thought when I was a lad that Russia would be a godbothering nation with Czarist fantasies and Europe would be an atheistic cripple awaiting the inevitable.

Nor that the USA would be so leaderless, and China so capitalistic and hegemonic.

Perhaps that is why I am waiting to buy or sell in the markets.

Sometimes it just gets too much to take on board and digest.

And the Rolling Stones sans Charlie are about to buy Zimmer frames.

gg

'Cept for Keith. He's working on a 20 year plan

Dona Ferentes · 24 May 2022

Oh, yep indeed. While things aren't "different" this time, there are forces at work that have introduced heightened uncertainty. Call it risk.
.
As a long-term resident of Ennui-sur-Blasé, I believe Masterful Inaction is an appropriate course at present, referencing the introductory post.

divs4ever · 24 May 2022

Garpal Gumnut said:
I would never have thought when I was a lad that Russia would be a godbothering nation with Czarist fantasies and Europe would be an atheistic cripple awaiting the inevitable.

Nor that the USA would be so leaderless, and China so capitalistic and hegemonic.

Perhaps that is why I am waiting to buy or sell in the markets.

Sometimes it just gets too much to take on board and digest.

And the Rolling Stones sans Charlie are about to buy Zimmer frames.

gg

yes that surprised me as well , but maybe their god-botherers are less corruptible than ours ( in the West )

am not so sure of your assessment on China

JohnDe · 24 May 2022

Garpal Gumnut said:
I would never have thought when I was a lad that Russia would be a godbothering nation with Czarist fantasies and Europe would be an atheistic cripple awaiting the inevitable.

Nor that the USA would be so leaderless, and China so capitalistic and hegemonic.

Perhaps that is why I am waiting to buy or sell in the markets.

Sometimes it just gets too much to take on board and digest.

And the Rolling Stones sans Charlie are about to buy Zimmer frames.

gg

History has a tendency to repeat itself, only the format changes just like language.

waterbottle · 24 May 2022

A safe move.
I think we have 1-2 more down legs, perhaps set to begin tonight as NASDAQ figures down 2% thanks to more earnings missed (SNAP down 30% after hours!!).
Nonetheless, no one became rich saving or sitting on their hands, at least not with MMT in place...

Captain_Chaza · 24 May 2022

Garpal Gumnut said:
I am quite sure that all members of ASF are familiar with that absurdist play by Samuel Beckett named "Waiting for Godot". The two tramps await something that will feed and clothe them but which never arrives.

I feel much like them, and have stopped buying and selling and the Gumnut fortune as insignificant as it is in the larger scheme of things sits at 50/50 Aussie Shares and Cash or "safe" cash like investments/accounts.

There is too much whataboutery and where to from here and it makes me tired but not irritable and we are having beautiful days here in Townsville.

I prefer peace and the good things in life so await for a definite crash or a move onwards and upwards with the markets.

Neither would it be the end of the world should either happen but at this point in time I see poor pickings if not actual losses in committing any more cash in to the ASX.

Up a bit, down, down a bit up. I couldn't be bothered really.

I could change on the spin of a coin though.

This must be what ennui feels like.

Does anyone else feel the same way?

gg

I do!

UMike · 24 May 2022

Garpal Gumnut said:
Not Buying - Not Selling - Waiting

Does anyone else feel the same way?

gg

Same.

divs4ever · 24 May 2022

Captain_Chaza said:
I do!View attachment 142121

nope , i have never seen that play , maybe i was too busy working or just not 'art-house ' enough

cheers

however i get the idea from comments here

frugal.rock · 24 May 2022

Prefer the fillum..

Not Buying - Not Selling - Waiting

Garpal Gumnut

Ross Island Hotel

Mohammed Hazabig'un

Fundamentalist

divs4ever

Craton

Mostly passive, contrarian.

divs4ever

wayneL

VIVA LA LIBERTAD, CARAJO!

divs4ever

wayneL

VIVA LA LIBERTAD, CARAJO!

Garpal Gumnut

Ross Island Hotel

wayneL

VIVA LA LIBERTAD, CARAJO!

Garpal Gumnut

Ross Island Hotel

wayneL

VIVA LA LIBERTAD, CARAJO!

Dona Ferentes

Pengurus pengatur

divs4ever

JohnDe

La dolce vita

waterbottle

Captain_Chaza

UMike

Klutzing in Thai