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Market Changed Character Right after GME, Now This:

Posted on 2/23/21 at 4:26 am
Posted by Hussss
Living the Dream
Member since Oct 2016
6745 posts
Posted on 2/23/21 at 4:26 am
AAPL & Big Tech broke yesterday, BTC being bludgeoned and the Fed looks to be losing control of the bond market just as promised.

Crazy times
Posted by MrJimBeam
Member since Apr 2009
12384 posts
Posted on 2/23/21 at 4:43 am to
How much have you wanked it to this sea of red?
Posted by Capt ST
Hotel California
Member since Aug 2011
12885 posts
Posted on 2/23/21 at 4:54 am to
You know I meant to post yesterday it was time for him to post.
This post was edited on 2/23/21 at 5:28 am
Posted by Hussss
Living the Dream
Member since Oct 2016
6745 posts
Posted on 2/23/21 at 5:01 am to
That’s one sick comment there.

If I got off on the average person being bludgeoned in this clown show of a market, I wouldn’t waste my time giving warnings / warning signals here.

Trump warned that they would vacuum out 401ks and pensions long after I have been warning
Posted by LSURep864
Moscow, Idaho
Member since Nov 2007
10933 posts
Posted on 2/23/21 at 6:28 am to
I always get a kick out of being saying BTC is tanking, and when I check the price it's 10s of thousands of dollars higher than 20k, which was it's ceiling the last time it had a big run up. until it tanks below 20k, I don't want to hear about it crashing.
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 2/23/21 at 6:34 am to
It’s fricking Biden dude

And to the guy above me... just because you bought at 20k doesn’t mean the price isn’t crashing. Many people bought at 55k and it’s now crashed on them.
This post was edited on 2/23/21 at 6:35 am
Posted by lowspark12
nashville, tn
Member since Aug 2009
22371 posts
Posted on 2/23/21 at 6:44 am to
The cool thing about constantly predicting a market dip is you’ll eventually be right
Posted by LSURussian
Member since Feb 2005
126969 posts
Posted on 2/23/21 at 7:54 am to
quote:

I wouldn’t waste my time giving warnings
But you seem very happy wasting our time...
Posted by Hussss
Living the Dream
Member since Oct 2016
6745 posts
Posted on 2/23/21 at 8:01 am to
Why waste time in any of my threads? Your hypocrisy knows no bounds.
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40889 posts
Posted on 2/23/21 at 8:09 am to
quote:

The cool thing about constantly predicting a market dip


This is not even a market dip... Looks like a cycle from high risk tech to value. Everyone thought this would happen a 100 times, but it never fully plays out. Who knows maybe it does this time?
Posted by LSURussian
Member since Feb 2005
126969 posts
Posted on 2/23/21 at 8:09 am to
quote:

hypocrisy
You don't know what this word means. You used it improperly.

The pull back in tech shares was expected after its huge run up over the last four weeks, sending the NASDAQ to an all-time high.

It's a classic market rotation, Simpleton.

Regarding the Fed "losing control of the bond market," the 2-year treasury is at .115% annually and the 10-year is at 1.4%. You obviously don't know what "losing control" means....among other things.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36766 posts
Posted on 2/23/21 at 8:11 am to
quote:

Trump warned that they would vacuum out 401ks and pensions long after I have been warning

Hah jokes on him. I've been focused on working capital not retirement capital. It's still my largest portfolio but not nearly by as much as it used to be..
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 2/23/21 at 8:12 am to
quote:

If I got off on the average person being bludgeoned in this clown show of a market, I wouldn’t waste my time giving warnings / warning signals here.



Considering your "warnings" have come every month, at some point you become the boy that cries wolf.

That being said, after seeing two new threads created by you this morning, my confidence in the market is at an all time high.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41221 posts
Posted on 2/23/21 at 8:12 am to
Still waiting on the major event. It's coming. Not sure exactly what it is and when it'll be, but this over exuberance is palpable. Valuations are out of control.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
17087 posts
Posted on 2/23/21 at 8:16 am to
quote:

AAPL & Big Tech broke yesterday,

So every stock at an all-time high went down. What are the odds?
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 2/23/21 at 8:24 am to
quote:

BTC being bludgeoned 


checks portfolio: BTC still up 45% over the last 30


Posted by Hussss
Living the Dream
Member since Oct 2016
6745 posts
Posted on 2/23/21 at 8:25 am to
I have been around long enough to KNOW what sector rotation looks. This is NOT it.

Sure hope name calling makes you feel better. Good luck to you and yours anyway, you WILL need it in ALL aspects of life.
Posted by LSURussian
Member since Feb 2005
126969 posts
Posted on 2/23/21 at 8:45 am to
quote:

I have been around long enough to KNOW what sector rotation looks. This is NOT it.
Then you're blind.

Money is moving out of tech and into financials and energy. JPM has hit all time highs four trading days in a row. XOM is finally breaking upwards and has moved from the low $30's to the mid-$50's in the past few months.

With your history of being wrong 100% of the time when you make market predictions, I'm not surprised you can't even recognize a simple market rotation.

quote:

Good luck to you and yours anyway, you WILL need it
I don't rely upon luck to be successful, other than than the luckiest break of all...being born in the United States.
Posted by Pintail
Member since Nov 2011
10478 posts
Posted on 2/23/21 at 9:03 am to
Still above your July 2020 predictions...


quote:

Jul 11, 2020

THE FINAL COUNTDOWN TO THE CRASH!

The CRASH that is coming in July and August is going to catch both bulls and bears off guard and be a shock to the unsuspecting public. Complacency reigns supreme right now. The bulls have gone wild and no longer believe that prices can drop . This is what happens during bear market rallies.
Posted by Jag_Warrior
Virginia
Member since May 2015
4134 posts
Posted on 2/23/21 at 11:11 am to
quote:

I have been around long enough to KNOW what sector rotation looks. This is NOT it.


I don’t have a puppy in this fight, but you might want to look at the non fintech financials and the industrials versus the tech sector before standing on that.

Just saying’.
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