Ever since the 2700-ish, + 80% of the posts here talk about shorting. And I do agree Divergence, the upcoming stock buyback blackout period, the 3 week of march is historical downtrend, overbought etc etc.....
What is it doing going up? I just need some support :)
Lots. and lots and lots of free "special" money given to the super rich over and over again through a special banking system that the likes. of us ordinary 99% don't have access to. Central banks push buttons and create money that the banks borrow for nothing, then lend to corporations for next to nothing, the corporations do nothing with it other than share buybacks pushing up the value of stocks, or pay their executives ridiculous amounts who can then buy and sell assets among each other. at ever-inflating asset prices so they just get richer and richer whilst nothing is actually created or grows that much in real economic value in comparison.
Simples!!!!!
mstable
⋅
@mstable, Oh, and the beauty of it is that there is no inflation down below. The cash never gets down there to create Weimar Republic / Zimbabwe conditions. So the base economy can look in OK shape, hard working. normal people going about their business, not getting much better off, GDP growing 2% per annum and stable....
But the assets of the 1% go up 400% plus in ten years......
And they let us eat cake.
They are very clever... Until someone cuts their heads off, that is!!!!!!!!
Some never learn the lessons of history.
harmvanboven
⋅
I see a V shape recovery and a double top forming.
jmoral19
⋅
topping is a process...
vx5ma5NCCk2GPrzpZ
⋅
The first phase of grief is denial. Denial is fulfilled by buying.
nsprph
⋅
Majority is always on the wrong side. Most have been call a top and massive drops and looking at divergences, which eventually never works out or if they work its only for a short period of time and then we make new highs and the bears have to cover adding to the fuel. Looks like we will test the highs after hitting the 1st 2900 as the target, may take time as it fools both sides.
When everyone is bullish...it goes down.