The market is SO WRONG at this point

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

  1. orbit23

    orbit23

    Getting it right every now and then makes you think you know what will happen next :banghead:

    I got it right on the Covid dip.

    I still think this is going to happen though, and even had you bought 4100 you will be soon under.

    To me it seems similar playbook as the last time. Election year. People think that the market can only go up and can never dip because of FED (just look at above two posts).

    It's just a recipe for disaster.

    If Kamala gets elected there is strong potential for World War 3. If Trump gets elected it's 4 years of clown show.

    The US has over-committed their naval forces to Israel and i think this now opens up an opportunity for the Chinese to intervene and surround Taiwan and force them into peaceful reunification.

    This would crater the markets and get Trump elected, China gets what they want.... Everyone is happy.

    Except for the stock holders of course.
     
    #201     Aug 30, 2024
    KCalhoun likes this.
  2. themickey

    themickey

    Trump imo will never get elected now.
    Trump was only ever popular because Biden was basically loathed.
    Now Biden is history, Kamala who idiot Biden chose as 2nd in command, she is a breath of fresh air laughing hyena idiot, Americans are fixated with clowns it seems.
    You can see that with the circus the political organizers create.
    upload_2024-8-31_6-37-43.jpeg
    FFS sheeple!
     
    #202     Aug 30, 2024
    vanzandt likes this.
  3. nitrene

    nitrene

    Your long term chart is interesting. If you consider the summer of 2015, right before China's devaluation of the Yuan, as the end of the March 2009 bottom to top it is about 2000 days. It seems like 1800-2000 days is the real bottom to top length. The Covid low +2000 days equals Q3 2025, assuming you ignore the 2022 interest rate led recession.
     
    #203     Aug 31, 2024
  4. Well the chart is just a visual of world events. Typically whatever the catalyst was to send the market into a decline will rectify itself in a C&H pattern.
     
    #204     Aug 31, 2024


  5. [​IMG]
     
    Last edited: Aug 31, 2024
    #205     Aug 31, 2024
    comagnum likes this.
  6. orbit23

    orbit23


    I just don't see that happening.

    I know that the odds are about even and in favor of Kamala. And they can cheat and maybe even use immigrant votes.


    But if the democrats win i think the outcome could have been potentially disastrous for the entire world and humanity and that's why i just can't see that happening.

    This is why i also think Trump dodged a bullet. Like what are the odds of dodging a bullet like that? If he hadn't moved his head, he would've been dead.

    He talks about being saved by "god", but matter of fact is that it's either been "divine" intervention or extreme luck.

    I think the odds are too low that it would have happened by sheer luck. I am not saying that we are but even if you did not previously believe that we are living in a simulation, after this event it is much harder to argue that we are not.

    In a sense that it's an autonomous process, but when a certain outcome could have such drastic consequences, there had to be an intervention.


    The problem now is, that all of this is pure schizophrenic speculation and could be wrong entirely and we will only know in hindsight.

    Maybe Kamala wins and the bear market starts. Maybe Kamala wins and uponly continues.

    But my current belief is that there is a DANGER of Kamala and democrats winning. If market crashes, Kamala and Bidenomics are OUT instantly.

    That's why i think at some point before the elections the rug will get pulled(definition of rug pull in this example is atleast below $3500 SP500).
    For now the market is still pushing up, but that's how it goes a violent squeeze up followed by a rugg pull.

    What will trigger the rug pull? I don't know. There is a bunch of potential reasons, but for me the most likely and convenient one seems to be Taiwan. Could also be Iran or monkeypox or some stupid shit like that
     
    #206     Aug 31, 2024
  7. themickey

    themickey

    I've had no luck determining what size calibre the bullet was, maybe poopy knows.
    upload_2024-9-1_6-32-53.jpeg

    What I think I know, it was a AR15 which comes in several calibres, one being .223.

    From my experience .223 would be a tad too light for the distance and this may be what saved Trump, the shooter slightly too inexperienced by using the incorrect weapon for a sniper shot.
     
    #207     Aug 31, 2024
  8. Overnight

    Overnight

    You suck total balls because you were nowhere to be found in 2022, and have been commenting only hit-and-miss through 23-24.

    Now that we survived the August 2024 blowout, where the SP dropped 7 percent in a week, here you are with your zero-risk bullshit again.

    You're such a scumbag faker. Show-us your trades, or begone!
     
    #208     Aug 31, 2024
  9. orbit23

    orbit23

    I was wondering how close was it to getting hit and was the shooter an amateur, but the evidence seems to suggest that if he had not moved last moment it'd go right through the head.

    He moved at just the right time. It couldn't have gotten any closer than this.

    https://metro.co.uk/wp-content/uplo...if?quality=90&strip=all&zoom=1&resize=644,362[​IMG]
     
    #209     Sep 1, 2024
  10. Nine_Ender

    Nine_Ender

    Read your post in December you'll wonder why you posted this. Any meaningful market drop will likely not occur this year. Trump is the only recipe for disaster he's a lunatic with fascist beliefs. Incredible really that some of you Americans don't understand this. You seem to be certain of much, much lower market levels much like you were in 2022.

    "Getting it right" on the Covid dip would be understanding it was a black swan that would recover. I didn't see many on here who called that but I did forecast a complete recovery of NA indexes within 2 years. It didn't take that long. Any investor could have just bought indexes and made out like bandits long term. Even better, buying distressed sectors like energy and mining was incredibly good especially Canadian energy.
     
    #210     Sep 1, 2024