MrRenev

RIP new generations

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MrRenev Updated   
DJ:DJI   Dow Jones Industrial Average Index
There is a bug on tradingview when I try posting a log chart, had to repost.

The biggest reason for a major recession.

Old people screwed us so much... and this still have the GALL to give people lessons. Old people, stay silent.

The FED already have so much assets, would they really buy more? I wonder if Trump will pursue his war... Problem with these "self made" people is they don't have daddy to help them make decisions anymore...

Would not be surprised if the geniusses in the government (whoever that might be at the time) finds this genius solution to start buying stocks aggressively to save the economy (rather than focus on deleveraging as well as possible and going down as smoothly as possible) "duh if we printed 1 million dollar bills 1.45% and gave them to every one then no one would be hungry", ffs I figured out this did not work when I was 5.

On the "bright" side, average western person is a fat slob (one might argue that @ 70 years old they are not, the fat ones died already :D), but basically this group that is around 55-70 years old, recently retired or about to, will die in 15-20 years, so at least there's that. Fat lazy average beer belly americans (and europeans) that leech off their grandchildren and spent their lives being lazy, will keep leeching, and will destroy the stock market too, they will continue their easy ways which will cause them to die sooner (I sound so terrible haha).
So well at least the recession will stop going down at some point in maybe 15 years when the bulk of old people get buried in extra large caskets.
Long the wood & funeral industries!

Also think about this I did not mention it previously, you are a Tesla -1.39% CEO 2.53% , money is cheap (low rates) you can focus on progress, or "secure funding" and buy your own shares for free and push the price up, what do you do? Just saying... Doesn't help growth...

Would love to see counter arguments. Anyway, the popcorn is ready for the next 5 years :)

What happened in Japan btw (down 80% in 15 years)

Emm also what was it... I forgot will update if I remember ;)

Also, reading about Japan "lost decade" or "lost 20 years" is pretty interesting. Same dumb decision making as usual. Old people there before wanted to "boost the economy", their children paid the price.
Whatever, as long as they keep doing this trading get easy profits.


Quick question: Did you know most of your medical expenses happen in the last 6 months of your life?
Quick question: You are 85 years old, you are getting weak, but some tubes are keeping you strong enough to still care. You can either let go, or sell everything you have at -75% and follow that 1 million a year treatment to live to see the sun another year and go to your grandson graduation or whatever. What do you choose?

Oh ye there is 1 bull argument it is (young obviously) immigrants coming to europe & the USA to "fill the gap", it seems to be the general governments plan. Printing money and asking people to come... Not convinced. Plus whites are not going to want to get (slowly) genocided, see my previous idea about facism.
I think old people use 50% or more of the money wow, they really need that much for sit in the couch?
Comment:
U.S. consumer confidence rose to an 18-year high this month

Wow so positive!
Such optimism is always awesome to hear.
What happened 18 years ago again?

;)
Comment:
Ok time to shill my indicator a little bit.
Here you can see by simply eyeballing the chart that the strongest selloff happened at the bottom.

On the weekly chart, the RSI as well as my volatility indicator even more went to all time low and really ballistic.

On the daily we can see how strong the selling was from the boredom indicator, and also that buyers showed up massively and were able to stop the selling.
We bounced, and then back down with divergence.

Monthly chart. A few months later there is potentially confirmation that the bottom was indeed the bottom as the lagging boredom indicator shows divergence.
Comment:
Did you know 3 of the last 4 US presidents were born in 1946?
It doesn't get any better than this...
They're probably totally oblivious to all of this.
Comment:
According to "The Onion" Jesus announced his return once the Dow clears 27,000.
Well I guess I can go short then, other way it will be magnificent. Can't lose!
Comment:
PC update:
Markets going down is not called markets going down anymore.
It is now referred to as "volatility".

Well, there is going to be alot of "volatility" soon XD.
Markets participants life savings could see alot of "volatility".
Retail investors that dollar cost average never sell and BTFD will feel very intense volatility.
Alot of retail investors sphincter virginity will be under alot of volatility.

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