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How bad are we thinking the crash will be?

Posted on 2/25/21 at 6:19 pm
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 2/25/21 at 6:19 pm
I’m thinking Dow 25,000, NASDAQ 10,000 may be a real possibility
Posted by zephry801
Member since Dec 2017
434 posts
Posted on 2/25/21 at 6:20 pm to
First downvote
Posted by Douglas Quaid
Mars
Member since Mar 2010
4098 posts
Posted on 2/25/21 at 6:22 pm to
More worser than the worst of all time.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/25/21 at 6:22 pm to
3,500 DOW
Posted by BlackPawnMartyr
Houston, TX
Member since Dec 2010
15324 posts
Posted on 2/25/21 at 6:23 pm to
This is Biden's america. The lower the market goes the more positive the media will be. Thats all we need these days.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 2/25/21 at 6:23 pm to
That’s not really a crash
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41202 posts
Posted on 2/25/21 at 6:26 pm to
yeah that's where it was 18 months ago, 6 months before Covid
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 2/25/21 at 6:30 pm to
It will be unprecedented. Michael Burry has been harping on the impending hyperinflation recently
Posted by Dawgfanman
Member since Jun 2015
22433 posts
Posted on 2/25/21 at 6:34 pm to
Dow 35k before end of April
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 2/25/21 at 6:35 pm to
Fed will never admit to being scared of hyperinflation. What are the chances?
Posted by Spirit of Dunson
Member since Mar 2007
23111 posts
Posted on 2/25/21 at 7:44 pm to
quote:

I’m thinking Dow 25,000, NASDAQ 10,000 may be a real possibility
I mean, Dow was at 25k in May of 2019. Nasdaq wasn't even at 10,000 before Covid.
So, I'd also say that is a real possibility.
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 2/25/21 at 7:51 pm to
I'm seeing a lot of fear on the board lately. Hmmmm
Posted by Jjdoc
Cali
Member since Mar 2016
53473 posts
Posted on 2/25/21 at 8:03 pm to
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!

Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 2/25/21 at 8:16 pm to
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
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71171 posts
Posted on 2/25/21 at 8:24 pm to
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 by When in Rome
Telegraph Road
Member since Jan 2011
35543 posts
Posted on 2/25/21 at 8:27 pm to
quote:

Michael Burry has been harping on the impending hyperinflation recently
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.

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 by GREENHEAD22
Member since Nov 2009
19609 posts
Posted on 2/25/21 at 8:43 pm to
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.
Posted by go ta hell ole miss
Member since Jan 2007
13629 posts
Posted on 2/25/21 at 8:44 pm to
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 by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/25/21 at 8:46 pm to
She married with kids bro
Posted by GREENHEAD22
Member since Nov 2009
19609 posts
Posted on 2/25/21 at 8:49 pm to


Damn time flys.
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