If you can GET OUT OF THE MARKET NOW!!!!! | |
Sotired
User ID: 2492899 United States 12/21/2020 09:56 AM Report Abusive Post Report Copyright Violation | |
Cnevermore
User ID: 78196414 United States 12/21/2020 09:58 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79790947 Russia 12/21/2020 09:58 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79791565 France 12/21/2020 09:58 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73890462 United States 12/21/2020 10:00 AM Report Abusive Post Report Copyright Violation | Much of the market is emotional, as we all know. With the spectacular gains we have seen in the NASDAQ, we don't want to finish the year weak...and the stimulus will ensure it... Quoting: BRIEF the stimulus is a crutch A Narcan shot to revive a dead economy. If you say great gains in the market you know its because of the trillions in stimulus (BAILOUT MONEY) that was pumped into the market this year the Stonk market does not reflect the real economy because if it did and no Bailout money was injected into it this year MILLIONS MORE would have lost their job and many more businesses would have closed permanently. |
Anonymous Coward User ID: 79432135 United States 12/21/2020 10:07 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73890462 United States 12/21/2020 10:08 AM Report Abusive Post Report Copyright Violation | ROFL not even close. Quoting: Anonymous Coward 79789712 The stimulus bill WILL over power all the virus bullshit. The only way is up! Especially if they keep giving out big money to the corps and allowing stock buy backs! but this is their marry-go-round and they decide when it stops. When they decide to stop it people are gonna wish they kept feeding the market the heroin No one can predict when that will be. The best in the business have forecasted it but always fail. At this point I dont see them actually pulling the plug. I think they will keep injecting until the heart stops. Well they can keep going until the heart stops or groups of countries decides to dethrone king dollar as the worlds reserve currency. Even then the fed still wouldnt stop entering ones and zeros on the computer screens they will go till the heart stops |
Sotired
User ID: 2492899 United States 12/21/2020 10:08 AM Report Abusive Post Report Copyright Violation | By all accounts, the market should have collapsed in the fall. In the current situation, the analysis does not work. But cryptocurrencies will soon fall, the bubble is obvious. Quoting: WalkDark Just wait until we hit the insolvency event. Look at the retail bankruptcy numbers hitting highs not seen since the last crisis. Wait until the moratoriums on evictions and the mortgage forbearances lapse. There is no "recovery". |
Anonymous Coward User ID: 79627971 United States 12/21/2020 10:12 AM Report Abusive Post Report Copyright Violation | There will be an epic crash when all the election fraud drops....Fake licenses from China have been used which means it is direct foreign interference.... Quoting: SEVENFOURSIXTYEIGHT Remember the Biden-China news??? Helping Biden STEAL the election???? [link to www.whitehouse.gov (secure)] Think...bypass civilian courts and the fake election is now investigated by DOJ Intelligence...and Military.... It is going to be biblical..... Priced in |
Sotired
User ID: 2492899 United States 12/21/2020 10:12 AM Report Abusive Post Report Copyright Violation | ROFL not even close. Quoting: Anonymous Coward 79789712 The stimulus bill WILL over power all the virus bullshit. The only way is up! Especially if they keep giving out big money to the corps and allowing stock buy backs! The market may continue up for a bit, but the stimulus is like blowing on a freight train in order to stop it from running you over. The sheer amount of deflationary forces will overpower any stimulus. All stimulus will have temporary effects and diminishing returns. Unless they go full UBI or the Treasury starts guaranteeing all consumer loans...something HUGE like that...unless they do something huge like this, all efforts to "stimulate" will fail to spark inflation. We are circling a deflationary drain at the end of a long term debt cycle. This debt based system is trying desperately to deleverage, but our desires for "line go up" means policy makers keep kicking the can making the final deflation even bigger. We are at the point now where we cannot kick the can anymore without going the UBI route. |
A R K
User ID: 79790215 Germany 12/21/2020 10:13 AM Report Abusive Post Report Copyright Violation | People might FOMO into crypto. The great crash is coming sooner or later. ~ Ad astra audacter eamus in alis fidelium ~ "Then the lion shall lie down with the lamb and the bear shall eat grass like the ox and the child shall play on the hole of the asp and nothing shall hurt nor destroy in all My Holy Mountain." [Isaiah 11:6] ~ A R K |
Anonymous Coward User ID: 79791671 United States 12/21/2020 10:17 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79768857 United States 12/21/2020 10:20 AM Report Abusive Post Report Copyright Violation | The markets are fake and have been for years. They act irrationally because of manipulation and obfuscation. Most people are no where near capable of beating a rigged market who’s rules change in fractions of a second. Same goes with bitcoin, where one sell contract can move the price in huge swings. Same with gold and silver, unless you are holding it in your hand. |
SEVENFOURSIXTYEIGHT
(OP) User ID: 79441766 United States 12/21/2020 10:34 AM Report Abusive Post Report Copyright Violation | Anyone remember the 12 month forbearance??? It ends in March....if you can't prove you have a job and can pay 3 consecutive months of mortgage millions of foreclosures start.....and nothing is going to stop it... Are they going to give another 12 months??? Banks will be fucked they keep this shit up..... Enjoy it while it lasts....oh BTW do not forget year end sales.....investors taking profits while it's good.... |
DuckNCover
User ID: 79774903 United States 12/21/2020 10:35 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75543000 United States 12/21/2020 10:37 AM Report Abusive Post Report Copyright Violation | Look at home prices. Home values are through the roof. I live in a poor & economically depressed ghost town compared to the rest of the country and my home value has doubled in the last 5 years. Most of that value increase has occurred over the last 2 years. It’s a sweeping generalization to say “the market” is crashing. Housing market, if it’s any reflection on anything, sure as shit isn’t crashing. Quoting: Starrycard Sounds similar to what my old boss told me in 2004 when I told him housing was a bubble. |
Truth be known
Saul Good User ID: 79449831 United States 12/21/2020 10:39 AM Report Abusive Post Report Copyright Violation | Don't sell when it's crashing, buy more! There'll be some great deals at low low prices. Quoting: Anonymous Coward 78067774 Bingo. If you want to succeed, you do the opposite of the masses. If everyone runs from the Dow, I’ll be running to it. There is no nobility in being superior to your fellow man. True nobility lies in being superior to your former self. ~ Ernest Hemingway |
Anonymous Coward User ID: 73305739 United States 12/21/2020 10:43 AM Report Abusive Post Report Copyright Violation | |
DuckNCover
User ID: 79774903 United States 12/21/2020 10:43 AM Report Abusive Post Report Copyright Violation | Look at home prices. Home values are through the roof. I live in a poor & economically depressed ghost town compared to the rest of the country and my home value has doubled in the last 5 years. Most of that value increase has occurred over the last 2 years. It’s a sweeping generalization to say “the market” is crashing. Housing market, if it’s any reflection on anything, sure as shit isn’t crashing. Quoting: Starrycard Sounds similar to what my old boss told me in 2004 when I told him housing was a bubble. It's still not a bubble yet... Back then, they were giving 1st buyer home loans with no money down and were not adhering to minimum income levels... You still need 20% down payment for a home buyer loan and must meet minimum income levels. If they take that away, then all bets are off and a bubble will burst... |
Sotired
User ID: 2492899 United States 12/21/2020 10:51 AM Report Abusive Post Report Copyright Violation | Look at home prices. Home values are through the roof. I live in a poor & economically depressed ghost town compared to the rest of the country and my home value has doubled in the last 5 years. Most of that value increase has occurred over the last 2 years. It’s a sweeping generalization to say “the market” is crashing. Housing market, if it’s any reflection on anything, sure as shit isn’t crashing. Quoting: Starrycard Sounds similar to what my old boss told me in 2004 when I told him housing was a bubble. It's still not a bubble yet... Back then, they were giving 1st buyer home loans with no money down and were not adhering to minimum income levels... You still need 20% down payment for a home buyer loan and must meet minimum income levels. If they take that away, then all bets are off and a bubble will burst... It doesn't need to be a bubble. All it takes for some retracement would be credit contracting and fewer buyers able to finance a purchase. The price of housing is inflated by lending...just like student loans have inflated the cost of college education. If people have a harder time getting loans, then that means there are fewer buyers, which puts downward pressure on prices. The flip side is that wealthy foreigners and large conglomerates are willing to pay cash and buy up all inventory turning this country into a nation of renters. |
Anonymous Coward User ID: 78658574 12/21/2020 10:53 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76270610 United States 12/21/2020 10:54 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78718897 United States 12/21/2020 10:55 AM Report Abusive Post Report Copyright Violation | The markets are unaffected by internal political fighting. Unless there is a direct impact to the way money is moved in this country, aka supply chain, manufacturing, etc... This boy cried wolf shit costs people money. I was in a large group text earlier with money managers telling smaller investors to secure their portfolio and move out to cash as this new strain can crash us. Uhhh, nope. That's not how it works. They love to shake out the small folk. |
Anonymous Coward User ID: 78067774 Belgium 12/21/2020 10:56 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78368263 United States 12/21/2020 10:56 AM Report Abusive Post Report Copyright Violation | Look at home prices. Home values are through the roof. I live in a poor & economically depressed ghost town compared to the rest of the country and my home value has doubled in the last 5 years. Most of that value increase has occurred over the last 2 years. It’s a sweeping generalization to say “the market” is crashing. Housing market, if it’s any reflection on anything, sure as shit isn’t crashing. Quoting: Starrycard Sounds similar to what my old boss told me in 2004 when I told him housing was a bubble. It's still not a bubble yet... Back then, they were giving 1st buyer home loans with no money down and were not adhering to minimum income levels... You still need 20% down payment for a home buyer loan and must meet minimum income levels. If they take that away, then all bets are off and a bubble will burst... FHA loan requires 3-5% down |
Anonymous Coward User ID: 76270610 United States 12/21/2020 10:57 AM Report Abusive Post Report Copyright Violation | Don't sell when it's crashing, buy more! There'll be some great deals at low low prices. Quoting: Anonymous Coward 78067774 Bingo. If you want to succeed, you do the opposite of the masses. If everyone runs from the Dow, I’ll be running to it. But what if it doesn't come back up ? Theres a reason zuckerburg just sold off millions upon millions in his Facebook stock,.. |
Anonymous Coward User ID: 78658574 12/21/2020 11:00 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73305739 United States 12/21/2020 11:01 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76007124 United States 12/21/2020 11:01 AM Report Abusive Post Report Copyright Violation | |
rammsteinregeln
User ID: 79003431 United Kingdom 12/21/2020 11:22 AM Report Abusive Post Report Copyright Violation | Don't sell when it's crashing, buy more! There'll be some great deals at low low prices. Quoting: Anonymous Coward 78067774 Bingo. If you want to succeed, you do the opposite of the masses. If everyone runs from the Dow, I’ll be running to it. “Be fearful when others are greedy. Be greedy when others are fearful.” -- Warren Buffett “The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell” -- John Templeton Youtube channel: [link to www.youtube.com (secure)] |