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Started By
Message
How bad are we thinking the crash will be?
Posted on 2/25/21 at 6:19 pm
Posted on 2/25/21 at 6:19 pm
I’m thinking Dow 25,000, NASDAQ 10,000 may be a real possibility
Posted on 2/25/21 at 6:22 pm to GeneralLee
More worser than the worst of all time.
Posted on 2/25/21 at 6:23 pm to GeneralLee
This is Biden's america. The lower the market goes the more positive the media will be. Thats all we need these days.
Posted on 2/25/21 at 6:23 pm to GeneralLee
That’s not really a crash
Posted on 2/25/21 at 6:26 pm to iAmBatman
yeah that's where it was 18 months ago, 6 months before Covid
Posted on 2/25/21 at 6:30 pm to GeneralLee
It will be unprecedented. Michael Burry has been harping on the impending hyperinflation recently
Posted on 2/25/21 at 6:34 pm to GeneralLee
Dow 35k before end of April
Posted on 2/25/21 at 6:35 pm to 13SaintTiger
Fed will never admit to being scared of hyperinflation. What are the chances?
Posted on 2/25/21 at 7:44 pm to GeneralLee
quote:I mean, Dow was at 25k in May of 2019. Nasdaq wasn't even at 10,000 before Covid.
I’m thinking Dow 25,000, NASDAQ 10,000 may be a real possibility
So, I'd also say that is a real possibility.
Posted on 2/25/21 at 7:51 pm to GeneralLee
I'm seeing a lot of fear on the board lately. Hmmmm
Posted on 2/25/21 at 8:03 pm to GeneralLee
I'm ok with it
1- I won't sell what I own!
2- I will do exactly what I did during Covid and make a ton on the rebound!
1- I won't sell what I own!
2- I will do exactly what I did during Covid and make a ton on the rebound!
Posted on 2/25/21 at 8:16 pm to GeneralLee
Here’s the facts
All of the EPS and revenue hits/miss are off covid reduced guidance.
Winners are posting shot results but as long as you beat the shite guidance you provide, we sucking you off baby
All of the EPS and revenue hits/miss are off covid reduced guidance.
Winners are posting shot results but as long as you beat the shite guidance you provide, we sucking you off baby
Posted on 2/25/21 at 8:24 pm to zephry801
quote:
First downvote
I upvoted because he was at 1-28. Hopefully he gets one more up vote and no downvotes.
This post was edited on 2/25/21 at 8:24 pm
Posted on 2/25/21 at 8:27 pm to 13SaintTiger
quote:Yeah I follow his Tweets, and he seems to be pointing to the parallels between now and the hyperinflation in the Weimar Republic following WWI.
Michael Burry has been harping on the impending hyperinflation recently
I'm going to check out these books to learn a little bit more:
When Money Dies
The Downfall of Money
Both about the Weimar Republic hyperinflation^
Here's from MJB's tweets that he deleted:
quote:
The life of the inflation in its ripening stage was a paradox which had its own unmistakable characteristics. One was the great wealth, at least of those favored by the boom. Many great fortunes sprang up overnight...The cities, had an aimless and wanton youth. Prices in Germany were steady, and both business and the stock market were booming. The exchange rate of the mark against the dollar and other currencies actually rose for a time, and the mark was momentarily the strongest currency in the world" on inflation's eve. Side by side with the wealth were the pockets of poverty. Greater numbers of people remained on the outside of the easy money, looking in but not able to enter. The crime rate soared.
Accounts of the time tell of a progressive demoralization which crept over the common people, compounded of their weariness with the breakneck pace, to no visible purpose, and their fears from watching their own precarious positions slip while others grew so conspicuously rich. Almost any kind of business could make money. Business failures and bankruptcies became few. The boom suspended the normal processes of natural selection by which the nonessential and ineffective otherwise would have been culled out.
Speculation alone, while adding nothing to Germany's wealth, became one of its largest activities. The fever to join in turning a quick mark infected nearly all classes. Everyone from the elevator operator up was playing the market. The volumes of turnover in securities on the Berlin Bourse became so high that the financial industry could not keep up with the paperwork...and the Bourse was obliged to close several days a week to work off the backlog. #robinhooddown
This post was edited on 2/25/21 at 8:29 pm
Posted on 2/25/21 at 8:43 pm to When in Rome
An Allman fan, an engineer, and financially aware. Defiantly not the typical female.
So you have a ring on your hand yet?
I may be one too many blantons deep.
So you have a ring on your hand yet?
I may be one too many blantons deep.
Posted on 2/25/21 at 8:44 pm to Mr.Perfect
quote:
Winners are posting shot results but as long as you beat the shite guidance you provide, we sucking you off baby
This is actually wrong. NVDA just crushed guidance and got smoked. The reality is whether companies are missing or beating guidance has not mattered nearly as much as their forward guidance.
This post was edited on 2/25/21 at 8:51 pm
Posted on 2/25/21 at 8:46 pm to GREENHEAD22
She married with kids bro
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