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Originally posted by AtW View Post
That’s what I do also...I am what I drink, and I'm a bitter manComment
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Originally posted by Whorty View PostYou've been saying for ages that the stock markets will crash due to massive debts ...... now you're dooming because debt is being paid off. Seems whatever happens you're calling doom.
Under what circumstances would you call markets rising?
Debt pushed the market up to all time highs, debt shrinking (deflation) will crash it to all time lows.Last edited by scooterscot; 1 November 2020, 19:45."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostMakes perfect sense does it not? As you often tell me, people invest in stocks on the perception of future value. It is why growths are 99% for pulling up the market in one swoop. So confident people they borrow on leverage to invest in those growth stocks. 1929 all over again.
Debt pushed the market up to all time highs, debt shrinking (deflation) will crash it to all time lows.
Eventually of course you will pick a cause, but for each one you call right, you will have called many many incorrectly.I am what I drink, and I'm a bitter manComment
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Originally posted by scooterscot View PostMakes perfect sense does it not? As you often tell me, people invest in stocks on the perception of future value. It is why growths are 99% for pulling up the market in one swoop. So confident people they borrow on leverage to invest in those growth stocks. 1929 all over again.
Debt pushed the market up to all time highs, debt shrinking (deflation) will crash it to all time lows.
Originally posted by scooterscot View PostThink we're on the way to seeing a major correction. PBC and others I'm subscribed to (not selling anything) have for the past few days suggesting / indicating we're about to see a major correction in US stock markets and then spreading.
You’re coming across like a broken clock. Right, twice a day.Comment
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Originally posted by BABABlackSheep View Post18 months ago..
We’ve had a global pandemic ffs, and still this never happened.
You’re coming across like a broken clock. Right, twice a day.
Somehow since I started the thread the market has only gone one direction years before any pandemic.
How could I have known?
It matters not what burst the bubble, it matters it was a bubble before any of this came along. A bubble built on debt.
If the market was a foundation of strength, debt free, we're not have seen a dent. Is there a market out there that reflects that? Before the pandemic came along? Of course there is.
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Scooty and I both have something in common.
We're both a bit fixated on shorts.
In my case, it's women in shorts. The shorter the better.
Not sure which is a healthier obsession mind you.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by DealorNoDeal View PostScooty and I both have something in common.
We're both a bit fixated on shorts.
In my case, it's women in shorts. The shorter the better.
Not sure which is a healthier obsession mind you.I am what I drink, and I'm a bitter manComment
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Originally posted by BABABlackSheep View Post
We’ve had a global pandemic ffs, and still this never happened.
You’re coming across like a broken clock. Right, twice a day.
The stock market rallied 60% over the summer whilst the number of those infected with Covid-19 increased out of control."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostThe stock market rallied 60% over the summer whilst the number of those infected with Covid-19 increased out of control.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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