The market is SO WRONG at this point

Discussion in 'Trading' started by orbit23, Mar 31, 2024.

  1. S2007S

    S2007S


    I see that in 2 to 3 yrs. Once competition starts to knock out nvda and they start losing market share the stock will lost half its value within months, also once Google, tesla, Facebook msft and the others stop spending the billions they have been on these AI chips nvda will be ready for its decline. Right now these companies are fighting for the best AI capabilities but once they find out the billions they are spending aren't bringing in much to their bottom line the AI bubble will burst. ....
     
    #181     Aug 24, 2024
  2. Nothing can happen until the Cup & Handle completes.
     
    #182     Aug 24, 2024
  3. I remember Taleb talking about the effects of oil and stocks around the Gulf war, etc. Basically, what everyone thought for sure would happen once war starts... the opposite happened.

    So bare that in mind.... no one really knows.
     
    #183     Aug 24, 2024
    Picaso likes this.
  4. Wouldn't all that money get pumped back into the market? Isn't that the problem with the quantitative easing or whatever they don't let the markets tank which makes for a healthier market.
     
    #184     Aug 24, 2024
  5. Picaso

    Picaso

    After Hong Kong·s demo of life under the Communists, imnsho, there's zero chance of peaceful annexation (there's no such a thing as reunification).

    If China invades Taiwan, fuck the stock market, buy canned beans and ammo :D
     
    #185     Aug 26, 2024
  6. orbit23

    orbit23

    They wouldn't invade. They'd surround and create blockage of the island.

    If there is lack of international support, Taiwan would reunite peacefully rather than suffer great loses with no chance of winning.

    They are waiting for the right time.
     
    #186     Aug 27, 2024
  7. Picaso

    Picaso

    In my view, no chance of this happening in the foreseeable.

    By the way, a blockade is an act of war, nothing peaceful about it.

    Oh, and then there's the chips, of course.
     
    #187     Aug 27, 2024
  8. This post has aged well. You all thought the market was acting irrationally, and we were due for a massive capitulation. I told you all that we are doing exactly as expected, and the TA says this could run to $620's.

    upload_2024-8-28_6-18-55.png


    If you go back in history and compare rallies to corrections we have had a cluster of corrections which takes the pressure off...kind of like small earthquakes do before the big one. Just looking at symmetry we are due for a bigger one...MACD is rounding.

    upload_2024-8-28_6-32-54.png
     
    Last edited: Aug 28, 2024
    #188     Aug 28, 2024
    nitrene likes this.
  9. orbit23

    orbit23

    Ok. What's coming up next NOW?
     
    #189     Aug 28, 2024

  10. upload_2024-8-28_6-37-52.png

    upload_2024-8-28_6-41-16.png


    The point is it doesn't matter what it does. The time to buy is at the next capitulation.
     
    Last edited: Aug 28, 2024
    #190     Aug 28, 2024
    Wide Tailz likes this.