Author Topic: Buckle up  (Read 1316 times)

Offline RotBaron

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Buckle up
« on: August 05, 2024, 04:02:49 AM »
The bears of last spring and late winter are just a couple months off.

Buffet has been dumping massive amounts, majority Apple but across the board as well.

Wouldn’t be surprised to see trading halted today or this week. Korea’s market has halted sell(s).

Many warned Powell’s negligence and manipulation would lead us here, but it may be even worse compounded by the obvious other and more influential factors. Quote “the Gipper”.  :old:

Wild times and unpleasantness inbound.  :uhoh

They're casting their bait over there, see?

Offline Eagler

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Re: Buckle up
« Reply #1 on: August 05, 2024, 04:24:36 AM »
 BUT but inflation has been conquered and those terrible high interest rates of a whole 5% will be cut and the phony market will soar at first with this great news..

If a market cannot handle 5% interest rates it's not a healthy one...this one has been sick and manipulated since 08 imo

Eagler
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Offline Animl-AW

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Re: Buckle up
« Reply #2 on: August 05, 2024, 07:12:17 AM »
Have people taken count how many times their endless fears have not come true?

Offline knorB

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Re: Buckle up
« Reply #3 on: August 05, 2024, 07:59:44 AM »
Have people taken count how many times their endless fears have not come true?

Odd coming from Mr AH3 doom and gloomer.

Offline CptTrips

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Re: Buckle up
« Reply #4 on: August 05, 2024, 08:07:52 AM »
It's a ill wind that profits nobody.

I've waiting over a year for this.  Strangest market I've ever seen in my lifetime.

And there will be great deals left in the rubble when it's over.

And if nothing else, it's going to be fun to watch crypto. ;)
« Last Edit: August 05, 2024, 08:12:42 AM by CptTrips »
Toxic, psychotic, self-aggrandizing drama queens simply aren't worth me spending my time on.

Offline Easyscor

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Re: Buckle up
« Reply #5 on: August 05, 2024, 11:46:52 AM »
Volatility = Opportunity (for those holding extra cash reserve)

Comes with a warning: “No one can time the market.”

Plus the market was due for a correction after the last month or two.
« Last Edit: August 05, 2024, 11:53:58 AM by Easyscor »
Easy in-game again.
Since Tour 19 - 2001

Offline RotBaron

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Re: Buckle up
« Reply #6 on: August 05, 2024, 11:30:46 PM »
A rule #14 20% infraction for this post?

How are some others even on this bbs anymore that constantly flame each other? Moreover they’re doing it in the forum that any undecided potential new player would look at and not the O’club. 


Auto infraction from mass report?
They're casting their bait over there, see?

Offline RotBaron

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Re: Buckle up
« Reply #7 on: August 05, 2024, 11:43:57 PM »
Volatility = Opportunity (for those holding extra cash reserve)

Comes with a warning: “No one can time the market.”

Plus the market was due for a correction after the last month or two.

DOW 40k has been a goal for years now, it just won’t stick. But this not a correction, look at the global market picture… corrections are usually drawn out over weeks, often months. DOW and S&P 5% in two days (Friday and today) Nasdaq 7.5%… Semiconductors corrected last month all by themselves, now they’re getting trashed. Small Caps just started coming back in May, Mid Cap started coming back in late winter…

The “market” optimism has been carried over every finish line by the Magnificent 7, those started showing weakness and EVERYTHING falls apart?  :noid

 I hope you’re right, I don’t even want to login to my retail account and look.
They're casting their bait over there, see?

Offline RotBaron

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Re: Buckle up
« Reply #8 on: August 06, 2024, 12:07:56 AM »
Futures currently up. We’ll see…

https://www.cnn.com/markets/premarkets
They're casting their bait over there, see?

Offline knorB

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Re: Buckle up
« Reply #9 on: August 06, 2024, 06:48:54 AM »
Get the skittish to panic sell… perfect time to pick up good stocks at a discount.

Offline Eagler

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Re: Buckle up
« Reply #10 on: August 06, 2024, 07:18:56 AM »
A push to panic push the cut the interest button even sooner than September..

Talk about manipulation..it's the rich taking profits today banking on investments much cheaper tomorrow..

Eagler
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Offline knorB

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Re: Buckle up
« Reply #11 on: August 06, 2024, 07:22:30 AM »
A push to panic push the cut the interest button even sooner than September..

Talk about manipulation..it's the rich taking profits today banking on investments much cheaper tomorrow..

Eagler

 :aok

Offline CptTrips

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Re: Buckle up
« Reply #12 on: August 06, 2024, 08:49:11 AM »
Futures currently up. We’ll see…

https://www.cnn.com/markets/premarkets

After huge swings, it isn't uncommon to see about a 30% retracement before further adjustments.

 

Toxic, psychotic, self-aggrandizing drama queens simply aren't worth me spending my time on.

Offline Animl-AW

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Re: Buckle up
« Reply #13 on: August 06, 2024, 10:00:32 AM »
Markets have been setting records for 5 yrs now. There is a buffer before really bad news. unemployment is still lower that normal. This is what starts inflation to come down. Interest rates will start dropping in Sept. We have a buffer

Offline Eagler

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Re: Buckle up
« Reply #14 on: August 06, 2024, 12:16:02 PM »
And that so called buffer gets smaller every time they play this money game..

To call 5% a buffer is getting desperate imo

It should be the bottom where real rates go up from but that goes against their market rinse and repeat manipulation of its actual values..

records aren't always a good thing..



Eagler
« Last Edit: August 06, 2024, 12:21:15 PM by Eagler »
"Masters of the Air" Scenario - JG27


Intel Core i7-13700KF | GIGABYTE Z790 AORUS Elite AX | 64GB G.Skill DDR5 | 16GB GIGABYTE RTX 4070 Ti Super | 850 watt ps | pimax Crystal Light | Warthog stick | TM1600 throttle | VKB Mk.V Rudder