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stock market crash

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    Originally posted by scooterscot View Post
    The market correction is nothing, nothing, to do with Covid-19. It was the pin that burst an already inflated bubble. Sure, every media outlet is selling that story. However the truth is we've been in a bubble for 15+ years.

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      Originally posted by jamesbrown View Post
      But, he said it twice! It must be true if he said it twice.

      (though the lack of a chart has put a slight doubt in my mind)

      Comment


        Originally posted by scooterscot View Post
        The market correction is nothing, nothing, to do with Covid-19. It was the pin that burst an already inflated bubble. Sure, every media outlet is selling that story. However the truth is we've been in a bubble for 15+ years.
        I'm afraid I'll have to go with a

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          There's something for everyone.

          A new bull market has begun
          It's just a bear market rally
          All the money being created will send stocks to new all time highs
          We're entering a depression reminiscent of 1929
          Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.

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            Originally posted by DealorNoDeal View Post
            There's something for everyone.

            A new bull market has begun
            It's just a bear market rally
            All the money being created will send stocks to new all time highs
            We're entering a depression reminiscent of 1929
            Or there’s the scootie contrarian position where the actual outcome isn’t in the superset of all possible outcomes.

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              Originally posted by DealorNoDeal View Post
              There's something for everyone.

              A new bull market has begun
              It's just a bear market rally
              All the money being created will send stocks to new all time highs
              We're entering a depression reminiscent of 1929
              I don't have a single clue what is happening...
              If someone is trying to confuse people is doing a very good job.

              What is clear is that we are not out of the woods yet but stocks are soaring right now.
              Probably there is one key word that explains everything... BUYBACKS, as long it is legal we won't be able to pinpoint any value.
              Last edited by GigiBronz; 19 May 2020, 08:30.

              Comment


                Originally posted by GigiBronz View Post
                I don't have a single clue what is happening...
                If someone is trying to confuse people is doing a very good job.

                What is clear is that we are not out of the woods yet but stocks are soaring right now.
                Probably there is one key word that explains everything... BUYBACKS, as long it is legal we won't be able to pinpoint any value.
                Yeah, we spotted that
                I am what I drink, and I'm a bitter man

                Comment


                  Originally posted by DealorNoDeal View Post
                  There's something for everyone.

                  A new bull market has begun
                  It's just a bear market rally
                  All the money being created will send stocks to new all time highs
                  We're entering a depression reminiscent of 1929
                  The Financial Times recently had a headline that was approximately:

                  "Predicted Recession Predicted to be Worst in a century"

                  The same day the S&P500 ticker above the headline was up 4.5%

                  Money injected now will be mixed in for the crash. I simply don't think any amount of money manipulation can keep the markets up at current levels without storing the problem up for the future. Being rid of some zombie debt-riddled companies is a good thing. Unemployment is shooting up anyway, as we all know, so there's no point in us pretending things will be ok if we just employ those people in more insecure work from the very companies that just fired them.

                  Comment


                    Originally posted by rogerfederer View Post
                    The Financial Times recently had a headline that was approximately:

                    "Predicted Recession Predicted to be Worst in a century"

                    The same day the S&P500 ticker above the headline was up 4.5%

                    Money injected now will be mixed in for the crash. I simply don't think any amount of money manipulation can keep the markets up at current levels without storing the problem up for the future. Being rid of some zombie debt-riddled companies is a good thing. Unemployment is shooting up anyway, as we all know, so there's no point in us pretending things will be ok if we just employ those people in more insecure work from the very companies that just fired them.
                    I pity those poor bastards who've been furloughed into redundancy and are too thick to realise it...
                    Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.

                    Comment


                      The Dow Jones is still very much on for a belter of a crash. Almost impossible to avoid now. A few weeks ago I recall saying something about mid June... we're still on course. All that has changed is the angle of approach of the 3-day death cross, it has increased.

                      Whatever is happening mid-late June it ani't going to be pretty. The housing crash should follow in the remaining months of the year.





                      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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