stock market crash

[jamesbrown]

It is literally the boiler room.

Scootie in his "boiler room".

[Whorty]

Beware 'bedroom traders' boasting of fortunes made from currency bets | This is Money

But influencers argue that their signals stop short of providing financial advice and do not break the law.

I'd put money on it that Scooty has been on one of these courses .... he certainly has the patter down to a 't'

[scooterscot]

Sell me this pen...

[Old Greg]

Sell me this pen...

It has magic chart drawing powers.

[BlueSharp]

It has magic chart drawing powers.

[DealorNoDeal]

I don't have much time for so-called "experts" but I think this guy is one of the not so bad ones.

Of course he could be dead wrong.

Vermeulen's View: Is This the End of a Euphoric Bubble?

"You can invest in almost anything and make money. You could stand on the corner and sell empty cardboard boxes for $400 all day long because someone thought they could 'flip them' for $800 to the next person that walked by. This euphoria phase is a 'self-feeding frenzy' that improperly validates very destructive behavior."

"Now, we’re warning that this current parabolic upside price trend near the end of the second quarter of 2020 could be a massive setup for one of the biggest 'revaluation' events we’ve seen since 1999~2000 (the last big bubble)."

"Our researchers believe a shift away from the global financial speculation that has driven a total global asset bubble over the past 8+ years will suddenly shift away from wild speculative euphoria and quickly transition into the realization phase of 'uh oh, what have we done'."

"Why do you think gold has rallied to levels near $1800 over the past 4+ years? A certain segment of global investors has already had their 'uh oh' moment."

[Old Greg]

I don't have much time for so-called "experts" but I think this guy is one of the not so bad ones.

Of course he could be dead wrong.

Vermeulen's View: Is This the End of a Euphoric Bubble?

"You can invest in almost anything and make money. You could stand on the corner and sell empty cardboard boxes for $400 all day long because someone thought they could 'flip them' for $800 to the next person that walked by. This euphoria phase is a 'self-feeding frenzy' that improperly validates very destructive behavior."

"Now, we’re warning that this current parabolic upside price trend near the end of the second quarter of 2020 could be a massive setup for one of the biggest 'revaluation' events we’ve seen since 1999~2000 (the last big bubble)."

"Our researchers believe a shift away from the global financial speculation that has driven a total global asset bubble over the past 8+ years will suddenly shift away from wild speculative euphoria and quickly transition into the realization phase of 'uh oh, what have we done'."

"Why do you think gold has rallied to levels near $1800 over the past 4+ years? A certain segment of global investors has already had their 'uh oh' moment."

Nobody is going to buy an empty cardboard box. You're better off selling crypto-empty-cardboard-boxes. Someone will buy that.

[scooterscot]

"Why do you think gold has rallied to levels near $1800 over the past 4+ years? A certain segment of global investors has already had their 'uh oh' moment."

Because China & Russia (largest accumulators of the shiny stuff in recent years) want to do business in the years ahead without the reserve status of the dollar. Simples.

They've already said as much, no one though is really listening.

[AtW]

This time it’s different

[scooterscot]

Let's wait and see what next week brings when the earnings reports come out.

According to the bulls it has been an excellent quarter, profits are up and Tesla stock is cheap!