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Fed has flooded the system with cash. Everyone is excited about the economy re-opening. Wages going up. Time of your life!
This reminds me of 1999, New Years Eve, I was at a party and everyone was bragging about all their dot-com stocking holdings. Poof.
A friend of mine, now dead, told me when the market is orgasmic get the fuck out.
Lot of people said the same shit in 1997. Market doubled from there.
Maybe you right but the game is way more rigged in one direction than the other, and it aint down.
Dow and S&P 500 are sofa King rigged to go upQuote:
Originally Posted by Daly
Special Purpose Acquisition Company
SPAC's are going to create the worst stock market bubble in history.Quote:
A special purpose acquisition company, also known as a "blank check company" is a shell corporation listed on a stock exchange with the purpose of acquiring a private company, thus making it public without going through the traditional initial public offering process.
:stonks
Just out of curiosity seagull, how exactly would YOU bet against this market.
You have some bravado about you, enlighten us please..
He doesn't have any money and he doesn't know anything, he just likes to talk out of his ass.Quote:
Originally Posted by garrett
What's your timeline? When you bet against the market you take a short position for a particular date. Did you have one in mind or are you going to keep shorting month after month until a black swan event nets you huge money and wipes out your previous losses? We'll share your sweat.Quote:
Originally Posted by tgull
Today's closes:
S&P 500: 3,901.82
DOW: 31,535.51
NASDAQ: 13,588.83
Let us know within the week when we are going to check back in and where you think the indices will be.
By the way, CNN is still on the air, at least as of this morning. Want to extend your prediction to 2022?
I mean, when the OP talks about things going down the toilet, I listen.
Quote:
Originally Posted by Walter SobchakHe doesn't have any money and he doesn't know anything, he just likes to talk out of his ass.Quote:
Originally Posted by garrett
To be fair you can “short” the market but just selling what you got and moving to cash in order to buy back later. Using options to short the market (or short ETF’s) is a professional game. I don’t fuck with it.Quote:
Originally Posted by Walter SobchakWhat's your timeline? When you bet against the market you take a short position for a particular date. Did you have one in mind or are you going to keep shorting month after month until a black swan event nets you huge money and wipes out your previous losses? We'll share your sweat.Quote:
Originally Posted by tgull
Today's closes:
S&P 500: 3,901.82
DOW: 31,535.51
NASDAQ: 13,588.83
Let us know within the week when we are going to check back in and where you think the indices will be.
By the way, CNN is still on the air, at least as of this morning. Want to extend your prediction to 2022?
Feels like I’ve only been able to do this a few times but you really only need to be right once to make it worth it over the long term. I sold it all in 2007 which ended up being the best decision I’ve ever made. Avoiding that pitfall build a foundation that I’ll build my retirement on.
Seeing how CNN is actively looking for a buyer, my prediction is just earlyQuote:
Originally Posted by Walter SobchakWhat's your timeline? When you bet against the market you take a short position for a particular date. Did you have one in mind or are you going to keep shorting month after month until a black swan event nets you huge money and wipes out your previous losses? We'll share your sweat.Quote:
Originally Posted by tgull
Today's closes:
S&P 500: 3,901.82
DOW: 31,535.51
NASDAQ: 13,588.83
Let us know within the week when we are going to check back in and where you think the indices will be.
By the way, CNN is still on the air, at least as of this morning. Want to extend your prediction to 2022?
How is your prediction Gavin Newsom going to be President going? Guy is ready to get booted
Just because I don't brag about money like you and head injury guy does not mean I don't have it. I have plenty but with 0% interest rates by the Fed you have to be borderline IQ 70 not to have a lot of money. Or just walk into traffic like head injury guy did
You are obsessed with me, plenty of people have been since 2007. Stay in line
Please show one post where I have ever predicted Gavin Newsom is going to be president.Quote:
Originally Posted by tgullSeeing how CNN is actively looking for a buyer, my prediction is just earlyQuote:
Originally Posted by Walter Sobchak
How is your prediction Gavin Newsom going to be President going? Guy is ready to get booted
Just because I don't brag about money like you and head injury guy does not mean I don't have it. I have plenty but with 0% interest rates by the Fed you have to be borderline IQ 70 not to have a lot of money. Or just walk into traffic like head injury guy did
You are obsessed with me, plenty of people have been since 2007. Stay in line
You brag about money all the time. "$2 million liquid!" LOL You don't even have 2 million Zimbabwe dollars.
OK, I don't consider that shorting or betting against the market but I see what you're saying.Quote:
Originally Posted by DalyTo be fair you can “short” the market but just selling what you got and moving to cash in order to buy back later. Using options to short the market (or short ETF’s) is a professional game. I don’t fuck with it.Quote:
Originally Posted by Walter Sobchak
Feels like I’ve only been able to do this a few times but you really only need to be right once to make it worth it over the long term. I sold it all in 2007 which ended up being the best decision I’ve ever made. Avoiding that pitfall build a foundation that I’ll build my retirement on.
Trying to time the market is a fool's errand but I'm glad it worked for you.
You said in a post we will be calling Gavin Newsom President in 2028 or something like that. It will take a while for me to find it, and I'd rather not use this mess of a search engine, however if you are proposing a bet, let me know the terms and I will consider taking your money.Quote:
Originally Posted by Walter SobchakPlease show one post where I have ever predicted Gavin Newsom is going to be president.Quote:
Originally Posted by tgull
You brag about money all the time. "$2 million liquid!" LOL You don't even have 2 million Zimbabwe dollars.
Yeah I said that as a joke to tilt everyone complaining about his hypocrisy on covid restrictions (which is real). I don't really predict that he will be elected president. But fair enough.Quote:
Originally Posted by tgullYou said in a post we will be calling Gavin Newsom President in 2028 or something like that. It will take a while for me to find it, and I'd rather not use this mess of a search engine, however if you are proposing a bet, let me know the terms and I will consider taking your money.Quote:
Originally Posted by Walter Sobchak
Never doubt me. Ever.Quote:
Originally Posted by Walter SobchakYeah I said that as a joke to tilt everyone complaining about his hypocrisy on covid restrictions (which is real). I don't really predict that he will be elected president. But fair enough.Quote:
Originally Posted by tgull
Babymomma probably has some valid counters here tbh.Quote:
Originally Posted by tgullNever doubt me. Ever.Quote:
Originally Posted by Walter Sobchak
President Romney and #1 draft pick Johnny Manziel endorse you wholeheartedly.Quote:
Originally Posted by tgullNever doubt me. Ever.Quote:
Originally Posted by Walter Sobchak