stock market crash

[Whorty]

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!

What's your new call on stock markets? You called it should have crashed by now, are you still calling that and if so are you still calling sub 4000 for the FTSE?

[scooterscot]

Yes, I’m bearish AF.

I don’t have a crystal ball... last month, this month, the next.. there’s no way in puff I’d be investing in equities right now.

[AtW]

Bears too busy crapping in the woods.

Buy buy buy!

[Andy2]

Yes, I’m bearish AF.

I don’t have a crystal ball... last month, this month, the next.. there’s no way in puff I’d be investing in equities right now.

but the weekly candle is green

[Whorty]

Yes, I’m bearish AF.

I don’t have a crystal ball... last month, this month, the next.. there’s no way in puff I’d be investing in equities right now.

Sooooooo, we know it wasn't last month. We know it's not this month. Therefore you're going to call 'next' month, and eventually you can claim you called it even if 'next' month is 6 years time and caused by a meteorite strike

[jamesbrown]

Yes, I’m bearish AF.

I don’t have a crystal ball... last month, this month, the next.. there’s no way in puff I’d be investing in equities right now.

Not to be too nitpicky, scootie, but crystal ball seems a little ambitious. You could start by keeping your crayons within the lines.

[DealorNoDeal]

What's your new call on stock markets? You called it should have crashed by now, are you still calling that and if so are you still calling sub 4000 for the FTSE?

The FTSE isn't the issue. If anywhere is overstretched, it's the US. And the trouble is, if the US market tanks, then it'll drag other markets down with it (like in 1929 and 2000).

Is that likely? Who knows.

But, personally, I wouldn't want to be overweight in equities at this time, and certainly not US equities.

[scooterscot]

Sooooooo, we know it wasn't last month. We know it's not this month. Therefore you're going to call 'next' month, and eventually you can claim you called it even if 'next' month is 6 years time and caused by a meteorite strike

It doesn't matter if it were last month, this month, or the next it's the same thing - there's an event approaching during this window of time and I've staked a significant put option, which is currently bleeding, but I'm confident the option is money well spent.

[AtW]

It doesn't matter if the stock market crashes in 100 years, what matters is that Pooper Scooper was right about it

[scooterscot]

If nothing happens this summer and life continues as like the year before, I'll be the first to admit I was wrong. But consider this, even if the disease was gone tomorrow and we had full employment, and everyone had ample cash in their pockets - it would take at least a year, minimum, to get the US back to the economic condition it was in a few years ago. And that was before the US started pi$$ing off its largest trading partner, China.