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View Poll Results: Do it?
Yes 14 41.18%
No 15 44.12%
7,057 day anniversary 10 29.41%
Multiple Choice Poll. Voters: 34. You may not vote on this poll

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  #1  
Old 01-08-2021, 04:42 PM
peterpal peterpal is offline
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If you took profits and put your stop loss at entry you're good. But throwing your money after more than a 10x in less than 6month is probably not the safest bet and just fomo
  #2  
Old 01-08-2021, 04:45 PM
imperiouskitten imperiouskitten is offline
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Originally Posted by peterpal [You must be logged in to view images. Log in or Register.]
If you took profits and put your stop loss at entry you're good. But throwing your money after more than a 10x in less than 6month is probably not the safest bet and just fomo
this entire fracking market is fomo, we are in the twilight zone for the last 2 years...probably more. What can one do, wait until the next epoch while watching everyone else multiply their fortunes 10, 20, 30 times? a 50% dip smashing you will still leave you miles ahead. MMT baby
  #3  
Old 01-08-2021, 04:46 PM
budz2112 budz2112 is offline
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Yes but that twilight zone can be explained, as I told you earlier. Its not just random, it was an effort to make a failing president look good for his reelection
  #4  
Old 01-08-2021, 04:49 PM
imperiouskitten imperiouskitten is offline
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Originally Posted by budz2112 [You must be logged in to view images. Log in or Register.]
Yes but that twilight zone can be explained, as I told you earlier. Its not just random, it was an effort to make a failing president look good for his reelection
I disagree with your characterization. I think the market *was* pumped for Trump, but it's also the practice of infinite liquidity since 2009 which is behind this market. It's a 12-year cycle to my eye so far.

I am expecting consequences for our national debt/0 interest/megaliquid situation someday, but I just don't know when. We are essentially post-capitalism here; the big players are now infinitely liquid aristocratic institutions, and so who knows how the economic cycles are going to go? It seems like the stock market only balloons everytime a "crash" looms. It's a larger issue than the Trump cycle, though. That's my position anyhow, and any investor can build their portfolio to protect them in case they are blindsided. We are into the looking glass here -- capitalism ended and the citizenry was too illiterate to notice.
Last edited by imperiouskitten; 01-08-2021 at 04:53 PM..
  #5  
Old 01-08-2021, 04:53 PM
budz2112 budz2112 is offline
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Quote:
Originally Posted by imperiouskitten [You must be logged in to view images. Log in or Register.]
I disagree with your characterization. I think the market *was* pumped for Trump, but it's also the practice of infinite liquidity since 2009 which is behind this market. It's a 12-year cycle to my eye so far.

I am expecting consequences for our national debt/0 interest/megaliquid situation someday, but I just don't know when. We are essentially post-capitalism here; the big players are now infinitely liquid aristocratic institutions, and so who knows how the economic cycles are going to go? It seems like the stock market only balloons everytime a "crash" looms. It's a larger issue than the Trump cycle, though. That's my position anyhow, and any investor can build their portfolio to protect them in case they are blindsided.
There was not INFINITE liquidity during Obama, you are totally off there. Interest rates were rising again and our economy was returning to normal. UNTIL trump took office. and threw the whole thing in the garbage can. you really should research more about this because it could be the difference between you gaining and keeping your investments, or losing it all
  #6  
Old 01-08-2021, 04:56 PM
imperiouskitten imperiouskitten is offline
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Originally Posted by budz2112 [You must be logged in to view images. Log in or Register.]
There was not INFINITE liquidity during Obama, you are totally off there. Interest rates were rising again and our economy was returning to normal. UNTIL trump took office. and threw the whole thing in the garbage can.
You're not wrong, but the Obama stimulus was the first experiment in huge liquidity, carried out by people still stuck on austerity dogma and a tepid public. Trump stimulus was the natural next step. There was no backlash in anointing certain institutions to be the permanent, infinitely-endowed Lords thereby ending any pretense at a fair game of capitalism, so future administrations will do the same is the current name of the game. Now, I am interested in theories as to how that will play out in the long term for sure.
Last edited by imperiouskitten; 01-08-2021 at 05:00 PM..
  #7  
Old 01-08-2021, 05:08 PM
budz2112 budz2112 is offline
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Off course, we were trying to stave off the 2nd great depression, WHICH would have happened if the big banks failed.Maybe we should have, Idk. But it would have led to MILLIONS of Americans losing everything they had. Trump stimulus, before covid WAS NOT NEEDED. we would have had a NATURAL correction as our economy always goes through and a bubble like right now would have never formed.
  #8  
Old 01-08-2021, 05:22 PM
cd288 cd288 is offline
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Quote:
Originally Posted by budz2112 [You must be logged in to view images. Log in or Register.]
Off course, we were trying to stave off the 2nd great depression, WHICH would have happened if the big banks failed.Maybe we should have, Idk. But it would have led to MILLIONS of Americans losing everything they had. Trump stimulus, before covid WAS NOT NEEDED. we would have had a NATURAL correction as our economy always goes through and a bubble like right now would have never formed.
Don’t necessarily disagree with you but I have an unrelated question. With a Jan 2021 join date you must’ve had another account that was banned and I’m curious who you were originally
  #9  
Old 01-08-2021, 05:36 PM
budz2112 budz2112 is offline
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Quote:
Originally Posted by cd288 [You must be logged in to view images. Log in or Register.]
Don’t necessarily disagree with you but I have an unrelated question. With a Jan 2021 join date you must’ve had another account that was banned and I’m curious who you were originally
As i have said your welcome to guess, but my posts dont sound like really anyone on these forums past or present. I explained why im new here, but im not new to this server
  #10  
Old 01-08-2021, 05:48 PM
Jimjam Jimjam is offline
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Quote:
Originally Posted by budz2112 [You must be logged in to view images. Log in or Register.]
As i have said your welcome to guess, but my posts dont sound like really anyone on these forums past or present. I explained why im new here, but im not new to this server
Welcome to the forums, you have a lot to say, which can be only a good thing.


I do suggest you try treating humans with respect by default the “I don’t need to show respect” attitude is needlessly confrontational, is getting in the way of people being able to actually discuss you and is frankly yikes.
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