I refuse to. Have someone sit next to me and read poal to me.
Do they even want to hear about it?
They just want the dope man... Like, you put shit in there and it shits the shit... BTFD and sheeeit...
Seriously they got used to all time high no matter what, even if wall street got nuked stock market would hit all time high, it's easy money no matter what happens you win, they got accustomed to that, they just want forever moar, no matter what, even if it means the fed ends up being the sole buyer of all things
I think that is right. This current market is scary. I bought in March during the dip but I've been holding off now with a lot of cash on hand. Maybe we will have a V shape recovery, but I'm very weary of that. A lot of novice investors are pouring cash in, we will see if they get burned.
We know it's rigged, because what we see since what? Almost decades now, plural? Isn't what a "normally" functioning free market (as free as it gets) is supposed to look like
HFT and derivatives play a massive role in that distortion, but not only, at this point it's institutionally dysfunctional, it's a giant con game; everybody is cheating at the table and the casino and the sheriff are into it and everybody's happy
So, at what point does it break? What does it take to break that scheme, could it possibly keep on going like that virtually forever?I would say as long as there's no challenger/credible alternative, we're still dealing with the cleanest shirt in the dirty laundry basket game
That's how I see it
Sure the economy tanked hard with covidocalypse and the trainload of shit dragged down the drain with it, and at the same time, that's not like the rest of the world is just doing fine, as in soviet collapse, with the USSR going down in flame while the neighboring non socialist countries are immune to their fall, because they don't have stake in their casino in a nuttshell
Here it's different, ok it's falling flat on its face, but the rest of the world china included takes the fall too, so you have a "relative" situation
So... Americans lose their purchasing power, at least some of it, and the rest of the world too, so all in all... It's a relative decline, as opposed to absolute like soviet russia back then
...
Now how is it going to translate into that stock market shitshow.... Well, algos will keep doing their algo thing.... The fed will keeep on printing, will keep on playing buyer of last resort, same as usual except the exception becomes the new normal but that's nothing really new...
Typically, in the event of an ever falling market... If you keep selling, to buy back the month after (with the premise that prices are falling steadily), you don't really make a profit that's for sure, but you end up with more shares since you buy back the same shares at a lower price, with the same amount of money... Now, if you do that with shares that have a real intrinsic value, attached to something rock solid, something real, not just services not just unicorn shit and nothing with suspicious financial health, stuffs that don't go away with a lockdown... Those shares aren't going to go below zero to infinity, there's a floor, there are industries that are vital, even more during chaotic times, and what they produce comes at a minimum fixed price, it's not unicorn shit
I'm just throwing ideas on top of my mind btw, I'm thinking about guns and ammo right now lol
https://www.ctpost.com/news/coronavirus/article/Full-list-of-essential-businesses-15149788.php
>IMAGE 1 OF 21 Defense contractors such as the Stratford-based Sikorsky Aircraft Division of Lockheed are allowed to keep working during the pandemic.
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