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re: There are some major issues lurking in the US financial markets

Posted on 1/7/19 at 12:35 pm to
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 1/7/19 at 12:35 pm to
I meant to ask you:

Did you have a Merry Christmas?

Posted by LSURussian
Member since Feb 2005
126966 posts
Posted on 1/7/19 at 12:41 pm to
quote:

This Spring we will go down through it to the 1800's.
And then 1300 by the end of this year, right?

"This market will be in the 1800's next spring 1300's end of next year." -12/20/2018
This post was edited on 1/7/19 at 12:42 pm
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 1/7/19 at 12:49 pm to
You left out the last part. The quote was:

quote:

1300's end of next year / into 2020


So to clarify: the 1300's are hit either at the end of this year or in 2020.

Reason being: we will be in a global depression in 2020.

Wish I had better news.
Posted by LSURussian
Member since Feb 2005
126966 posts
Posted on 1/7/19 at 12:52 pm to
quote:

we will be in a global depression in 2020.
What will cause it?
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 1/7/19 at 12:53 pm to
Debt deflation. Plain and simple.

Loss of confidence in governments and central banks.
This post was edited on 1/7/19 at 12:56 pm
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 1/7/19 at 1:00 pm to
quote:

Debt deflation. Plain and simple.

Loss of confidence in governments and central banks.


Bitcoin Lambo!!!
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 1/7/19 at 1:04 pm to
quote:

Bitcoin Lambo!!!!


Not for me. Good luck with that.


Russian: btw I am selling AKRX today. All of it.
Posted by LSURussian
Member since Feb 2005
126966 posts
Posted on 1/7/19 at 1:17 pm to
quote:

Russian: btw I am selling AKRX today. All of it.
Is that supposed to mean something to me?

Fwiw, on December 27 you posted about yourself, "No more trades will be posted." What changed your mind?
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 1/7/19 at 1:23 pm to
Well i'm sorry buddy. You wanted me to clarify some things so I went ahead and included what I was doing so there wouldn't be confusion.
Posted by LSURussian
Member since Feb 2005
126966 posts
Posted on 1/7/19 at 1:37 pm to
quote:

You wanted me to clarify some things so I went ahead and included what I was doing so there wouldn't be confusion.
When did I ask you "to clarify some things"? I only asked you today about your many market predictions.

A few weeks ago when you announced you bought shares of AKRX another poster asked you how you could reconcile your comments about corporate debt was about to crash the market and a day later you tell everyone you just bought shares of AKRX which just had its credit rating cut by Moody's to junk status for having excessive debt.

I'm not confused. But I think maybe you are....
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 1/7/19 at 1:39 pm to
What does a company's debt load have to do with a swing trade?
Posted by LSURussian
Member since Feb 2005
126966 posts
Posted on 1/7/19 at 1:47 pm to
Gee, I don't know, you tell me.

It seems obviously contradictory to believe excessive corporate debt is about to crash the entire stock market but in the case of this one penny stock company, their excessive debt doesn't really matter.

Consistently inconsistent.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69942 posts
Posted on 1/8/19 at 8:49 am to
Wait a minute, Husss is one of those penny stock chodes?

Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 1/8/19 at 9:19 am to
“Penny stock” that was a takeover target and that Schwab has an A - rating on btw. Bought it at $3.33 and sold it at $3.97 yesterday. Not a bad ROI.

Every trade I have posted has been successful. I have been trading a very long time and have made a very nice living for my family and I.

I came here to share knowledge but it is beyond obvious that it is not appreciated. If you guys focused more of your energy on learning instead of hating you would be much better off. Try it. You will feel much better and so will your portfolio. Good luck
This post was edited on 1/8/19 at 9:38 am
Posted by Shepherd88
Member since Dec 2013
4592 posts
Posted on 1/8/19 at 9:40 am to
LINK

Looks like savings and spending are going up (fueling the economy). That doesn’t spell good for your 1300 S&P prediction.
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 1/8/19 at 9:44 am to
Just an FYI: Markets look forward and reports like those look backwards.
Posted by Shepherd88
Member since Dec 2013
4592 posts
Posted on 1/8/19 at 9:45 am to
Spending is also a leading indicator for a healthy FORWARD looking economy. Saving is a leading indicator that the debt is justified.
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 1/8/19 at 9:47 am to
It is a confidence game. Congrats on blindly trusting
This post was edited on 1/8/19 at 9:49 am
Posted by LSURussian
Member since Feb 2005
126966 posts
Posted on 1/8/19 at 9:50 am to
quote:

“Penny stock” that was a takeover target and that Schwab has an A - rating on btw.
Schwab may need to tweak its ratings system.

A year ago AKRX was at $33.63. It's at $3.99 this morning. It has a (-34.69%) profit margin and a (-32.95%) return on equity. Its revenue dropped -18% year over year in its latest quarter reported.

I'd hate to see what it takes to get an F rating by Schwab....

quote:

for my family and I.
"me" not "I"

quote:

I came here to share knowledge
This post was edited on 1/8/19 at 9:51 am
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 1/8/19 at 10:00 am to
See, exactly my point. You THINK you are smarter than SCHW analysts so trying to get you to see other points of view is a lost cause.
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