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re: Under the Hood of the Stock Market / Timeframe of the Turn
Posted on 8/25/20 at 10:18 am to Fat Bastard
Posted on 8/25/20 at 10:18 am to Fat Bastard
I know, I know.... The Fed has your back, Dow will hit a million in 5 years etc.
Pattern looks identical to the 2007 top only on a grander scale since 2018. We are in the October 2007 strethch at the moment. Apple monthly chart looks like the tulip bulb mania. As AAPL goes, so goes the market. People thinking gold will help them cushion the blow will be deeply disappointed. Sold out of the miners a few weeks ago. None of the central banks can stop the debt deflation tsunami at our door.
Confidence, borrowers and players in the game cannot be "printed."
Anything built on lies and deception does not have an infinite shelf life.
Pattern looks identical to the 2007 top only on a grander scale since 2018. We are in the October 2007 strethch at the moment. Apple monthly chart looks like the tulip bulb mania. As AAPL goes, so goes the market. People thinking gold will help them cushion the blow will be deeply disappointed. Sold out of the miners a few weeks ago. None of the central banks can stop the debt deflation tsunami at our door.
Confidence, borrowers and players in the game cannot be "printed."
Anything built on lies and deception does not have an infinite shelf life.
This post was edited on 8/25/20 at 10:26 am
2
Posted on 8/25/20 at 10:29 am to Hussss
But have you lost power yet...I'm kinda getting worried because I financed these 10 generators and I'm concerned because the monthly note is rather large. Please advise!
Posted on 8/25/20 at 10:33 am to Hussss
quote:Warren Buffett predicted in 2017 that the Dow Jones will hit one million in 100 years, not five. (That means the Dow Jones will increase by slightly less than 4%/year compounded.)
Dow will hit a million in 5 years etc.
Do you have to lie to be noticed??
quote:What DOES have an infinite shelf life?
does not have an infinite shelf life.
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