The 80% of retail short are going to get burned.
2020 US presidential elections will be november 2020 maybe that's when the stock market tops, or maybe when it starts going parabolic.
Price could pull back to 2900-3000 / 26000-27000 it should not pull back more than this if it does the situation is to be re-evaluated.
Trump is pretty populist, and conservative, but nothing too crazy and unseen.
I can't believe there is literal socialism in the US XD It's actually funny.
I must be trapped in a simpsons episode.
If they get to power, expect one giant red candle.
2020 US presidential elections will be november 2020 maybe that's when the stock market tops, or maybe when it starts going parabolic.
Price could pull back to 2900-3000 / 26000-27000 it should not pull back more than this if it does the situation is to be re-evaluated.
Trump is pretty populist, and conservative, but nothing too crazy and unseen.
I can't believe there is literal socialism in the US XD It's actually funny.
I must be trapped in a simpsons episode.
If they get to power, expect one giant red candle.
Comment:
JP Morgan Chase has published a document roasting the permabears yesterday.
Since I don't want to go to jail and retail is really bad, I want to forward their disclaimer. JPM "The Armageddonists" pdf is not meant for retail. Look at it for education only. To learn US english grammar.
FOR INSTITUTIONAL/WHOLESALE/PROFESSIONAL CLIENTS AND QUALIFIED INVESTORS ONLY – NOT FOR RETAIL USE OR DISTRIBUTION.
Please read the whole disclaimer.
Here is the disclaimer if you are in Germany:
am.jpmorgan.com/de/i...m-the-armageddonists
That's the doc here:
am.jpmorgan.com/gi/getdoc/1383648210719
It's actually funny that they have all these disclaimers and tell retail not to read this.
They get sued and also senate hearings all the time, they must be so tired.
Retail thinks "might" means "will". And they have a natural disposition to focus on bad news, without the neo cortex necessary to put things into perspective.
Plus the media that focusses on bad news to get views or clics...
Armaggedonism: not just for financial markets
Now the herd is more scared of nuclear power than cigarettes, they think the world is going to end (not "0.1% chance" to have mild consequences but 100% chance that BILLIONS will die) because of tiny amounts of co2 that allow plants to grow, they think the wolrd economy is going to collapse tomorrow.
Maybe people need a religion again? They need some strong leaders, religious leaders and kings, to be like fathers to them.
I mean they clearly cannot think for themselves and need some guidance.
Problem is what about the top 15% or whatever, that do not need this?
Leave people a choice.
It's depressing, my ideas on currencies, and on decentralization, did not even get 1/100 the views of my "Bitcoin zero soon" ideas.
I understand I posted non Bitcoin charts but still, they got so little attention and "Bitcoin zero soon" gets so much...
I think the price of will soon drop, might be time for a new "BTC zero soon" idea ;)
We'll get yet another example of armaggedonism.
Much easier to get people to sell when prices are down 50% with "the world will collapse tomorrow" than telling them "prices are high it might be wise to sell some, or purchase a put to protect against downside" etc.
It actually might make apocalyptic claims true since people will end up panicking and sell when prices are down so much.
WHY is it so much easier to convince people the world is ending than of somethign reasonable?
WHY is it so much harder to convince the herd they have been lied to, to lie to them in the first place? Must be their ego they cannot admit they are idiots that got fooled. idk.
This is also a big part of why Donald Trump got elected and why Bernie Sanders scores so high in polls. And why AOC aka salamander IQ gets so much attention.
I think I'll make a separate idea on Armageddonism.
Lmao JPM quotes Nouriel Roubini, I always crack up when I see this clown name.
Bearish since 25 cents on BTC, claimed "see? I was right" when btc went to 3k.
Looking at Bitcoin, there has been so many claims that it was dead in the past that now retail is PERSUADED it will keep going up.
The stock market will go parabolic when the same happens with stocks :rubbinghands:
Since I don't want to go to jail and retail is really bad, I want to forward their disclaimer. JPM "The Armageddonists" pdf is not meant for retail. Look at it for education only. To learn US english grammar.
FOR INSTITUTIONAL/WHOLESALE/PROFESSIONAL CLIENTS AND QUALIFIED INVESTORS ONLY – NOT FOR RETAIL USE OR DISTRIBUTION.
Please read the whole disclaimer.
Here is the disclaimer if you are in Germany:
am.jpmorgan.com/de/i...m-the-armageddonists
That's the doc here:
am.jpmorgan.com/gi/getdoc/1383648210719
It's actually funny that they have all these disclaimers and tell retail not to read this.
They get sued and also senate hearings all the time, they must be so tired.
Retail thinks "might" means "will". And they have a natural disposition to focus on bad news, without the neo cortex necessary to put things into perspective.
Plus the media that focusses on bad news to get views or clics...
Armaggedonism: not just for financial markets
Now the herd is more scared of nuclear power than cigarettes, they think the world is going to end (not "0.1% chance" to have mild consequences but 100% chance that BILLIONS will die) because of tiny amounts of co2 that allow plants to grow, they think the wolrd economy is going to collapse tomorrow.
Maybe people need a religion again? They need some strong leaders, religious leaders and kings, to be like fathers to them.
I mean they clearly cannot think for themselves and need some guidance.
Problem is what about the top 15% or whatever, that do not need this?
Leave people a choice.
It's depressing, my ideas on currencies, and on decentralization, did not even get 1/100 the views of my "Bitcoin zero soon" ideas.
I understand I posted non Bitcoin charts but still, they got so little attention and "Bitcoin zero soon" gets so much...
I think the price of will soon drop, might be time for a new "BTC zero soon" idea ;)
We'll get yet another example of armaggedonism.
Much easier to get people to sell when prices are down 50% with "the world will collapse tomorrow" than telling them "prices are high it might be wise to sell some, or purchase a put to protect against downside" etc.
It actually might make apocalyptic claims true since people will end up panicking and sell when prices are down so much.
WHY is it so much easier to convince people the world is ending than of somethign reasonable?
WHY is it so much harder to convince the herd they have been lied to, to lie to them in the first place? Must be their ego they cannot admit they are idiots that got fooled. idk.
This is also a big part of why Donald Trump got elected and why Bernie Sanders scores so high in polls. And why AOC aka salamander IQ gets so much attention.
I think I'll make a separate idea on Armageddonism.
Lmao JPM quotes Nouriel Roubini, I always crack up when I see this clown name.
Bearish since 25 cents on BTC, claimed "see? I was right" when btc went to 3k.
Looking at Bitcoin, there has been so many claims that it was dead in the past that now retail is PERSUADED it will keep going up.
The stock market will go parabolic when the same happens with stocks :rubbinghands:
Comment:
Every market that retail participates in ends up going parabolic, ends up a bubble, and destroys retail.
This never happens in corporate bonds.
IG clients are adding to their shorts how dumb, I do not know if they represent all retail thought.
I don't know when it will happen and how far it will go but eventually I expect 2 things:
- People that have listened to permabear and mainstream media making apocalyptic calls for years, are going to get tired of it and regret missing out and ignore all bears and get persuaded the price will keep going up forever. Just like what happened with cryptocurrencies recently.
- The perma short retail will get burned adding alot of fuel to the rocket ship.
Sentiment is still 80-90% short. It's a long way up...
This never happens in corporate bonds.
IG clients are adding to their shorts how dumb, I do not know if they represent all retail thought.
I don't know when it will happen and how far it will go but eventually I expect 2 things:
- People that have listened to permabear and mainstream media making apocalyptic calls for years, are going to get tired of it and regret missing out and ignore all bears and get persuaded the price will keep going up forever. Just like what happened with cryptocurrencies recently.
- The perma short retail will get burned adding alot of fuel to the rocket ship.
Sentiment is still 80-90% short. It's a long way up...
People wonder what the president target for the indices is. Hahahaha.
Isn't it obvious? His target is the moon. Infinity. Always higher. Whatever you want to call it. As high as it can go.
Let's do this. Belt on. Helmet on. F5 key on.
When are stock market shills going to start doing their thing?
Show the herd charts like this it'll get them excited (never mention inflation or the time it will take or that a drop to a lower line of the channel down 1 level is -50%):