Back to my initial idea on the stock market(s)
Let me start by reminding every one that a bear market / crash is long overdue:
I do not think very strongly there shall be a triple top.
Instead I believe it will do what it was always supposed to do (the us government - every one - are puppets? It certainly looks that way... Or maybe they are all just behaving like their predictable emotional selves?)
Something like this:
I had the top at 30-31k points a few months ago, now I think the top might be a little lower than that. Got the top at 29500.
There is also a small possibility it all grows in a massive bubble, if ~30k is not the top there is no bear market I don't see it stopping until 45 to 50 thousand points!
If this is what it does, then it will crash as hard as 1929.
If the top is 29500 I expect a retrace of 40-50% something like that.
Now I would rather not short it, here is why:
Put in words "It can stay a long while at the top before the price drops".
So what to take from this? If you agree with me the stock market cannot go much higher?
Well 1rst of all, now is not the time to invest. Sure there is a small chance we go to 50k, but that is not investing (buying cheap something that can grow), it is gambling.
Secondly here is what I am going to do: if & when the dow gets to 29500 points, any stocks I am long of I will get out of. I will ignore any long signal (unless it's amazing or something), and only look for shorts.
Good luck!
I do not think very strongly there shall be a triple top.
Instead I believe it will do what it was always supposed to do (the us government - every one - are puppets? It certainly looks that way... Or maybe they are all just behaving like their predictable emotional selves?)
Something like this:
I had the top at 30-31k points a few months ago, now I think the top might be a little lower than that. Got the top at 29500.
There is also a small possibility it all grows in a massive bubble, if ~30k is not the top there is no bear market I don't see it stopping until 45 to 50 thousand points!
If this is what it does, then it will crash as hard as 1929.
If the top is 29500 I expect a retrace of 40-50% something like that.
Now I would rather not short it, here is why:
Put in words "It can stay a long while at the top before the price drops".
So what to take from this? If you agree with me the stock market cannot go much higher?
Well 1rst of all, now is not the time to invest. Sure there is a small chance we go to 50k, but that is not investing (buying cheap something that can grow), it is gambling.
Secondly here is what I am going to do: if & when the dow gets to 29500 points, any stocks I am long of I will get out of. I will ignore any long signal (unless it's amazing or something), and only look for shorts.
Good luck!
Comment:
Make me happy.
Comment:
Wow I just learned google pay their engineers 150-400k.
And while I was wagecucking I was getting a lame 45k for non us tech stock companies...
Neverming I am smarter than anyone in the building bosses included and all they do is waste my time.
THIS did not ring a violent alarm in investors head?
These way overpriced companies are showering their executives in gifts and money.
I am sure dumb money sees this as "it is because they are so successful I should invest more".
Only tech stock I know of that has the big revenues to go with its big market cap is Apple, but they are risky, what if people get bored of luxury hyped phones?
People got bored of luxury sunglasses...
Either way, it will all crash so hard. Amazing that 15 years after the dot com bubble people jumped in a social network / tech stock bubble.
Rather than learn from history and improve, people are getting DUMBER.
HOW DOES THIS WORK????
It is like someone puts his hand on a stove and burn himself, then rather than be careful like a normal living being he sees a raging fire and just jumps in it.
I think the simulation is broken because this makes absolutely no sense.
And while I was wagecucking I was getting a lame 45k for non us tech stock companies...
Neverming I am smarter than anyone in the building bosses included and all they do is waste my time.
THIS did not ring a violent alarm in investors head?
These way overpriced companies are showering their executives in gifts and money.
I am sure dumb money sees this as "it is because they are so successful I should invest more".
Only tech stock I know of that has the big revenues to go with its big market cap is Apple, but they are risky, what if people get bored of luxury hyped phones?
People got bored of luxury sunglasses...
Either way, it will all crash so hard. Amazing that 15 years after the dot com bubble people jumped in a social network / tech stock bubble.
Rather than learn from history and improve, people are getting DUMBER.
HOW DOES THIS WORK????
It is like someone puts his hand on a stove and burn himself, then rather than be careful like a normal living being he sees a raging fire and just jumps in it.
I think the simulation is broken because this makes absolutely no sense.
Comment:
Revolving around my idea "A long depression, the rise of facism, a new Kondratiev cycle", today (or yesterday) is the 20 year anniversary of Hugo Chavez election.
"Hurray!" people were yelling 20 years ago.
"I am starving!" is what they yell today...
Once again, people got stupid (mostly uneducated ignorant people that often represent the majority of voters - democracy flaw), elected an incompetent fool, and cheered.
He destroyed the country. Short term he looked really good, and people loved him.
He died thinking he would be remembered a hero. But who cares about what some random igorant fool thinks.
But 20 years later, there has been no celebration of the "socialist hero that brought down the rich".
The country is failure, a ruin.
On the day he was elected he declared "a new page in our history".
That, he was right about.
"Place a frog in a pot of boiling water, the story goes, and it will jump out. But place it in a pot of cold water and gradually, almost imperceptibly, ratchet up the temperature, and the frog will calmly sit there until it’s boiled to death." (Not really, frogs are not as stupid as humans it seems)
People (ignorant) still love him, but he single handedly destroyed a country that has IMMENSE Oil reserve (that's quite a feat so props to him).
Now the country is in economic, political, and social chaos.
People are fighting the police in the streets because they are unhappy about food shortages (ye that'll help).
10% of the country just got out lel, they just left. Those that stayed behind are almost all living in extreme poverty.
GOOD JOB socialists well done! There are no evil rich now. Now EVERY ONE is extremely poor :)
A good lesson for the few that are wiling to open their eyes and learn from history.
Let others repeat the same mistakes over and over, while you make it.
Laugh at their face when they complain that life is unfair and you are a greedy bastard.
Now, I am not saying the the USA is in the same boat. This is just a lesson, might want to short an economy when obvious dumb crap happens, but after the initial euphoria (same with Turkey dumb borrowing rules Erdogan made).
Trump is acting like this hero "make america great again" and ruining the economy, but just a little bit, it is not that serious imo.
America corporations are big, it is a huge country regardless of its companies (by size, arable land, inhabitants), and the companies here are international. It takes much more to destry that country's economy. I think there will be a bear market because there has always been one, the dow crash maybe around 50%, then eventually go back up.
"Hurray!" people were yelling 20 years ago.
"I am starving!" is what they yell today...
Once again, people got stupid (mostly uneducated ignorant people that often represent the majority of voters - democracy flaw), elected an incompetent fool, and cheered.
He destroyed the country. Short term he looked really good, and people loved him.
He died thinking he would be remembered a hero. But who cares about what some random igorant fool thinks.
But 20 years later, there has been no celebration of the "socialist hero that brought down the rich".
The country is failure, a ruin.
On the day he was elected he declared "a new page in our history".
That, he was right about.
"Place a frog in a pot of boiling water, the story goes, and it will jump out. But place it in a pot of cold water and gradually, almost imperceptibly, ratchet up the temperature, and the frog will calmly sit there until it’s boiled to death." (Not really, frogs are not as stupid as humans it seems)
People (ignorant) still love him, but he single handedly destroyed a country that has IMMENSE Oil reserve (that's quite a feat so props to him).
Now the country is in economic, political, and social chaos.
People are fighting the police in the streets because they are unhappy about food shortages (ye that'll help).
10% of the country just got out lel, they just left. Those that stayed behind are almost all living in extreme poverty.
GOOD JOB socialists well done! There are no evil rich now. Now EVERY ONE is extremely poor :)
A good lesson for the few that are wiling to open their eyes and learn from history.
Let others repeat the same mistakes over and over, while you make it.
Laugh at their face when they complain that life is unfair and you are a greedy bastard.
Now, I am not saying the the USA is in the same boat. This is just a lesson, might want to short an economy when obvious dumb crap happens, but after the initial euphoria (same with Turkey dumb borrowing rules Erdogan made).
Trump is acting like this hero "make america great again" and ruining the economy, but just a little bit, it is not that serious imo.
America corporations are big, it is a huge country regardless of its companies (by size, arable land, inhabitants), and the companies here are international. It takes much more to destry that country's economy. I think there will be a bear market because there has always been one, the dow crash maybe around 50%, then eventually go back up.
Comment:
OOOOO MAYYY GAAAWD
Venezuela Starts Converting Pensioners’ Payments to Crypto ‘Petro’
Venezuela Starts Converting Pensioners’ Payments to Crypto ‘Petro’
Venezuela Starts Converting Pensioners’ Payments to Crypto ‘Petro’
And people still support the leftist agenda?
East europe & China lads. This is where we got to go.
In a previous idea I said western countries would see the rise of facism and mega bear market. Can also be some national-communists. Or a civil war. Whatever happens it will suck.
Russia Ukraine China not sure about other countries don't know this well.
Maybe Venezuela in a while?
Funny how right after crypto crashed a ton of millenials "yellow jackets" went out in the streets and complain about the governement and wave around "Finance is evil" banners. What's up smug idiots? You got something against finance now?
Exactly as I foresaw... Smug morons think they're so smart, get rekt, time for excuses.
Countries that got out of communism recently remember starving. At least there they won't put traders heads on sticks.
And China/Russia. What is North West Europe going to do? The second they move a few tanks and planes France Belgium Netherlands are going to pop the white flags so...
Venezuelans have attained a whole new level of rekt.
Never before has the leftist rektage been so great XD
"I will make venzuela Forte again and there won't be rich people anymore".
Venezuela Starts Converting Pensioners’ Payments to Crypto ‘Petro’
Venezuela Starts Converting Pensioners’ Payments to Crypto ‘Petro’
Venezuela Starts Converting Pensioners’ Payments to Crypto ‘Petro’
Lmao what a bunch of brainlets it's just insane.
Just short everything. SHort the countries themselves. Short the whole planet it's dying anyway. 2020-2030 massive recession.
Venezuela Starts Converting Pensioners’ Payments to Crypto ‘Petro’
Venezuela Starts Converting Pensioners’ Payments to Crypto ‘Petro’
Venezuela Starts Converting Pensioners’ Payments to Crypto ‘Petro’
And people still support the leftist agenda?
East europe & China lads. This is where we got to go.
In a previous idea I said western countries would see the rise of facism and mega bear market. Can also be some national-communists. Or a civil war. Whatever happens it will suck.
Russia Ukraine China not sure about other countries don't know this well.
Maybe Venezuela in a while?
Funny how right after crypto crashed a ton of millenials "yellow jackets" went out in the streets and complain about the governement and wave around "Finance is evil" banners. What's up smug idiots? You got something against finance now?
Exactly as I foresaw... Smug morons think they're so smart, get rekt, time for excuses.
Countries that got out of communism recently remember starving. At least there they won't put traders heads on sticks.
And China/Russia. What is North West Europe going to do? The second they move a few tanks and planes France Belgium Netherlands are going to pop the white flags so...
Venezuelans have attained a whole new level of rekt.
Never before has the leftist rektage been so great XD
"I will make venzuela Forte again and there won't be rich people anymore".
Venezuela Starts Converting Pensioners’ Payments to Crypto ‘Petro’
Venezuela Starts Converting Pensioners’ Payments to Crypto ‘Petro’
Venezuela Starts Converting Pensioners’ Payments to Crypto ‘Petro’
Lmao what a bunch of brainlets it's just insane.
Just short everything. SHort the countries themselves. Short the whole planet it's dying anyway. 2020-2030 massive recession.
Comment:
A whole bunch of hedge funds are closing down.
Which means a whole bunch of investors have cash in their hands...
Which means a whole bunch of investors have cash in their hands...
Comment:
If enough cretins join, nothing's stopping it from doing this...
