Controlled Demolition of the Stock Market? | |
Anonymous Coward User ID: 82380938 Canada 06/28/2022 01:07 AM Report Abusive Post Report Copyright Violation | People are saying that the current downturn of the stock market is really a controlled demolition of the stock market by TPTB. Quoting: Anonymous Coward 77991784 The Dow Jones went all the way down to 18000 a couple of years ago, and then came back up. If TPTB wanted to demolish the stock market, why did they bring the Dow back up from 18000? Why not bring the Dow even further down to 9000 or 5000? Who's to say that's not going to happen? Gaps at March 2020 lows have yet to be filled, but again, who's to say that's the bottom? They give you many examples that show that's never the bottom of a decline. Support becomes resistance, and even lower price goes. Capitulation sets in. There are many fails that showcase this. |
GrouchyOldMan
User ID: 74937995 United States 06/28/2022 03:02 AM Report Abusive Post Report Copyright Violation | Cyclically, markets have corrections, and 2022 was the year for it. Add in all the madness and fear, and yes stocks go down. Its going to be very rough from now until 1st QTR 2023. After that there may be a bounce way up. Why? Typically, when a public looses faith in their fearless leaders, it's the debt market (bonds) that crash. You either trust the private sector(stocks) or the public sector (debt/bonds). It may take a while to play out.. afterall the US is the worlds reserve currency, and other countries borrowed in dollar demoninated debt. They must scramble for more expensive dollars in a debt trap. That keeps the dollar very high for a while (oil will likely hit $200 by 2023). But the debt game won't last for ever. As the bond market is so much more huge than stocks, there is no other liquid market to go to. When Europe goes under, capital will flee to the US. Pention funds cant invest in bitcoin or gold, as those don't pay interest. You want to be in cash for now, for when the time comes, it's going to be a tital wave. |
Anonymous Coward User ID: 83743940 United States 06/28/2022 03:15 AM Report Abusive Post Report Copyright Violation | |