Party like it is 1999

Discussion in 'Wall St. News' started by zdreg, Jun 9, 2020.

When will the party end?

Poll closed Jul 24, 2020.
  1. will end in 2020

    8 vote(s)
    33.3%
  2. will end by mid 2021

    2 vote(s)
    8.3%
  3. will end at the end of 2021

    1 vote(s)
    4.2%
  4. will end 2022-2023

    5 vote(s)
    20.8%
  5. There is no party now. it is just a normal market.

    8 vote(s)
    33.3%
  1. zdreg

    zdreg

  2. Fx-Game

    Fx-Game

    Much money there in the markets,
    there is still a lot of cash that was not invested until now.

    Stocks have been undervalued even before the crisis (long term seen).

    Btw, crisis will come to an end not far from now.

    So, why shouldn't it be a ' normal market'?!

    Only reason, could be the TA that may signal a pullback.
     
  3. SanMiguel

    SanMiguel

    Lot of local businesses closing down. Really a transfer of wealth to big business... until the little guy can't afford what they're selling
     
    comagnum, Turveyd and Spooz Top 2 like this.
  4. Turveyd

    Turveyd

    Yep, say goodbye to shops, they where barely hanging in before, 3months nobody's really missed them as everyone's went AMZN and yes when there is no competion AMZN will ofcourse start increasing the prices.

    Only spent £20 on AMZN, GF's spent loads and our £120 Cat Food monthly bundle.
     
    Fx-Game likes this.
  5. NY_HOOD

    NY_HOOD

    this is completely irrational.
     
  6. Overnight

    Overnight

    I don't think the party will end, it will just have a blackout period when all the drunken RH users, high on their gains-from-nothing-success, takes a nosedive as they start jumping around looking for the next best thing and find that the next best thing, they could afford only 1-2 shares of.

    I tend to wonder if RH users have a secret pump-and-dump forum, ala the old Yahoo finance boards.
     
  7. I don't know when or what direction the market will make it's next big swing but when it does... broker platforms will be tested again.
     
    Real Money and zdreg like this.
  8. zdreg

    zdreg

    "broker platforms will be tested again" at the market close and will fail spectacularly.
     
    Last edited: Jun 9, 2020
    luckyfnlou and Clubber Lang like this.
  9. this is incredible.
     
  10. ironchef

    ironchef

    No, this is not incredible, just a new normal.

    Wait, we said that back in 2000 and 2008. :p
     
    #10     Jun 10, 2020