- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
0
Posted on 5/6/22 at 9:37 pm to LSURoss
There is a strong descending trendline I drew on a Bitcoin chart that gave me nearly an exact rejection point. It hit the trend line precisely as predicted and was rejected to the downside but I didn't exit the trade at the current low, so it wasn't perfect. If I make a lot of money longing I have no problem "coming out of the woodwork" for that as well. Shorting and longing are the the same for me.
This isn't financial advice and if anyone decides to do anything based on anything I say, you can expect to lose all of your money. You will lose all your money so don't try it. I'm not just saying that. YOU WILL LOSE ALL YOUR MONEY
The point is if one knows what they're doing playing the market (and most do not and will not), you can make money in this biden-driven downturn in the economy. Again, nobody should try it. You will lose.
This isn't financial advice and if anyone decides to do anything based on anything I say, you can expect to lose all of your money. You will lose all your money so don't try it. I'm not just saying that. YOU WILL LOSE ALL YOUR MONEY
The point is if one knows what they're doing playing the market (and most do not and will not), you can make money in this biden-driven downturn in the economy. Again, nobody should try it. You will lose.
This post was edited on 5/6/22 at 9:45 pm
Posted on 5/6/22 at 9:39 pm to Madking
quote:
Just wait until the food shortage and they start telling us to eat bugs. You think I’m joking but watch.
We’ve been hearing about these food shortages coming for two years. Maybe it will happen one day
Posted on 5/6/22 at 9:39 pm to sawtooth
quote:
Have you considered that the market maybe should have had a correction years ago.
I considered that the admin and the Feds should have raised rates slowly last march. Instead they let it go. Then created a massive attack on O&G and did nothing onsupply chain issues...etc.
He literally created this.
Posted on 5/6/22 at 9:40 pm to sawtooth
quote:
Fumbling Joe and pals have not helped but this was caused by both parties.
How did Republicans contribute to this?
Posted on 5/6/22 at 9:44 pm to sawtooth
quote:
You think this problem was caused in the last two years? Ok
YES! I know it was.
quote:
Democrat. Republican. They both ran up deficits and wasted money.
Let's go through this. We had started exporting energy. The day Biden was sworn in he started attacks on Oil and Gas.
Within 2 weeks of him ending pipelines and more, Gas prices started going up WEEKLY!
Do I really need to explain how that cause prices to rise on everything people purchase?
Let's start with just that.
Posted on 5/6/22 at 9:50 pm to TerryDawg03
quote:
How did Republicans contribute to this?
He's going to say printing money and raising DEBT without understanding that Trump was in the process of lowering it.
But he's going to blame him because... hey.. it's fun!\
Headline:
quote:
Trump's $4.8 Trillion Budget Would Cut Safety Net Programs ...
LINK › president-trump-budget-cuts
Feb 10, 2020 — WASHINGTON — President Trump released a $4.8 trillion budget proposal on Monday that includes a familiar list of deep cuts to student loan
Posted on 5/6/22 at 9:51 pm to Jjdoc
Trump said the economy would crash if we elected Biden
Posted on 5/6/22 at 9:56 pm to Jjdoc
Explain to me how the president has anything to do with determining the interest rates? That is controlled by the Fed.
quote:
I considered that the admin and the Feds should have raised rates slowly last march
Posted on 5/6/22 at 10:02 pm to shoelessjoe
quote:
If Trump was in office, he would be making counter moves to help the American people.
Well that would be a first for him.
Posted on 5/6/22 at 10:03 pm to Jjdoc
So glad the adults are back in charge!
Posted on 5/6/22 at 10:06 pm to sawtooth
quote:
Explain to me how the president has anything to do with determining the interest rates? That is controlled by the Fed.
quote:
I considered that the admin and the Feds should have raised rates slowly last march
Wait now... let's not confuse 2 things. But if you think the President of the USA has no input, you are mistaken.
Posted on 5/6/22 at 10:08 pm to sawtooth
quote:
He was lowering the deficit by having a deficit.
Clearly I do not understand economics. There has not been a surplus since 2001.
But hey don’t take my word on it.
4.4 trillion in spending cuts.
quote:
Trump’s proposed budget for fiscal year 2021 would reduce the size and reach of the federal bureaucracy significantly by shifting government responsibilities back to constitutional priorities and empowering state and local governments.
These reforms, contained in the request Trump sent Monday morning to Congress, would put the budget on track to balance and represent a significant first step toward reducing spending and stabilizing the nation’s unsustainable debt.
Trump’s budget request would:
quote:
1. Cut spending by $4.4 trillion and put the federal budget on a path to balance.
2. Significantly reduce the federal bureaucracy. Over the past century, the size and scope of the federal government has expanded well beyond the constitutional priorities envisioned by the Founding Fathers. The president’s 2021 budget makes significant progress in reducing the government’s reach and returning power to the people.
The budget proposal includes $1.9 trillion in cuts to nondefense discretionary programs. Much of the nondefense discretionary budget includes waste, duplication, or overlap, or funds programs that have no proper federal role.
3. Prioritize national defense. The president’s budget proposes $740.5 billion in national defense spending, consistent with the level provided by the Bipartisan Budget Act of 2019. This is a $2.5 billion (0.3%) increase compared to 2020.
The budget realizes over $5 billion in savings within the operations of the Department of Defense, which the administration reinvests in higher priorities, such as nuclear modernization, missile defense, and increased readiness.
LINK
Look at the RINOs and DEMS.
Posted on 5/6/22 at 10:18 pm to Jjdoc
quote:
budget request
Budget request versus an actual budget.
Did he not approve the budget which was presented to him by Congress? Could he have veto’d it?
I’m not here to bash Trump because I voted for him twice. I’m just pointing out that this problem that we are in did not start with Biden. We have a spending problem and neither side seems interested in cutting back.
Posted on 5/6/22 at 10:24 pm to Bunk Moreland
quote:
Do you think we get hyperinflation or a crash?
Posted on 5/6/22 at 10:33 pm to sawtooth
quote:
Budget request versus an actual budget.
The budget has to be approved. Congress controls the purse. You don't like the budget that gets approved, stop voting Dems and RINOs.
quote:
I’m just pointing out that this problem that we are in did not start with Biden.
The current problem we are in has EVERYTHING to do with Biden and we would not be here if not for Biden.
The high cost of O & G has not one thing to do with spending.
Inflation is here because of policies that BIDEN put in place.
Powell's term ended in Feb of this year. All Biden had to do is say to him that they needed to raise the rates in 2021. If he refused, let him know his term will not be renewed in 2022.
Biden did not have to attack O&G.. thus the prices of fuel not be so high. And that raises the rates to the general public.
What we are experiencing right now is 100% on this current ADMIN
Posted on 5/6/22 at 10:59 pm to Jjdoc
Look at the bright side. You are getting more bang for your buck for every dollar you throw into your 401k right now. What wouldve bought you 10 stocks 7 weeks ago will get you 15 now 
Of course if you are nearing retirement you are still fricked
Of course if you are nearing retirement you are still fricked
Posted on 5/7/22 at 12:24 am to Jjdoc
quote:
Biden did not have to attack O&G
What specifically did he do to O & G? The Keystone pipeline? He didn’t shut it down. If this is an American problem why is energy costs escalating worldwide? (They were going up before Ukraine). Oil is traded on a global scale and we aren’t just dependent on our oil. That’s not how it works. Biden’s policies are terrible but they are not the only cause of all of this.
Posted on 5/7/22 at 12:25 am to Jjdoc
quote:
Powell's term ended in Feb of this year. All Biden had to do is say to him that they needed to raise the rates in 2021. If he refused, let him know his term will not be renewed in 2022.
That’s cute that you think a president has this much power. The Fed is controlled by the bankers. They control the policy.
Page 2 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News