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16055483 No.16055483 [Reply] [Original]

Forget about your shitcoins for a second and look at this. S&P 500 is forming a triple top. If it breaks below the trendline (which is very likely based on Fed/Apple this week), the pattern will complete and we will most likely have a hard break lower in the near future.
>magic lines don't determine stock prices
No, but what this measures is investor sentiment. S&P has breachesd above 3,000 a few times now, but it can't stay because there's nothing in fundamental valuations to keep it going up. If Fed results are dovish and/or Apple results are great, then stocks will continue to go up and the pattern won't complete.
BUT, if either or both of those are shit, then we can measure investor sentiment by a break below the trendline, and then it could be the start of a cataclysmic rush out of equities

>> No.16055536

Who cares if this Boomer Ponzi tanks. You're retarded if you're still on nosebergstein's stock market roller coaster. This shit will die with the boomers

>> No.16055585

>>16055483
>a cataclysmic rush out of equities
And into .. what exactly?
Just cash? Banks then? Or does that money get reinvested into gold and Bitcoin and shit?

>> No.16055595

>>16055483
TA doesn't matter when the new round of QE is just starting
they're gonna keep pumping this shit for years before it collapses

>> No.16055617

The only other time in history the index has quadruple topped was in 1929. Think really hard about that.

>> No.16055639

>>16055617
Were close.

>> No.16055678

I think we will see a decade long crab from here, with traders taking advantage of normies who are in index funds. We will just stagnate and appear to be sideways at a s&p aggregate level while traders gut companies and pump others, taking from index funds.

>> No.16055693

>>16055678
Nope. Cataclysmic rush by passive index retards out of stocks is coming soon

>> No.16055716
File: 500 KB, 1536x2048, 1568919445871.jpg [View same] [iqdb] [saucenao] [google]
16055716

>>16055483
I'm going all in on VIX calls.

>> No.16055722

>>16055595
it's not the same QE as the ones before

>> No.16055742

suck my cock bitch

>> No.16055750

>>16055536
Sorry, what will die with the boomers? The US economy? Investing? The stock market?

>> No.16055796

>>16055483
>which is very likely based on Fed/Apple this week
what's going on with Apple?

>> No.16055829

>>16055483
>magic lines don't determine stock prices
they do when algos are doing most of the trading

>> No.16055860

>>16055585
Commodities maybe? Then we see the real inflation of everyday items.

>> No.16055867

>>16055750
They will take the whole nation with them to the grave.

>> No.16055874

>>16055716
Holy hell that girl is attractive. Lip biting and showing that much skin means she's surely a whore though

>> No.16055891

>>16055483
How about you get a bloomberg terminal or tradingview account so people can take you seriously?

>> No.16055898

>>16055750

The stock market. Expect it to remain stagnant for the next fifty years after the next recession

>> No.16055968

>>16055898
Yup. There will be no instant SHTF moment when crypto takes over markets, just that initial revaluation drop and then a drawn out bullrun as it eats into a stagnant market where theres no money to be made.

>> No.16055978

>>16055796
Earnings
>>16055585
Cash
>>16055536
>i don't know what the stock market is
>>16055693
>>16055595
Decent chance Powell drops the ball again this week and doesn't give markets what they want, he's a dipshit just like Bernanke and Yellen who got us in this mess in the first place
>>16055860
Commodities aren't a safe haven when there's trade wars and declining consumer spending
>>16055891
My mommy doesn't give me enough allowance for that kind of stuff

>> No.16055994

>>16055978
opps
>>16055693
Personally I don't think markets will crab for more than five or six years, perfect opportunity to buy up all the equities that boomers couldn't get off their plate fast enough and then moon starting around 2030

>> No.16056053
File: 15 KB, 449x343, Bullish-triangle.jpg [View same] [iqdb] [saucenao] [google]
16056053

>> No.16056161

>>16055722
>it's not the same QE as the ones before
why?

>> No.16056184

>>16056053
Lol. Imagine believing this

>> No.16056201

>>16055898
>The stock market. Expect it to remain stagnant for the next fifty years after the next recession
why?

>> No.16056276

>>16055678
This is also my theory. We're just going to crab up and down in a range for a long time, like the 70s again. It'll be a pretty tall range, but it's not going to ever break too far one way or the other, or for very long.

Here's what's different about now compared to past eras: everybody is savvy now, knows about shorting, and has the tools to do it. Now that the masses can play both sides of the market, the only way to continue to fleece Main Street is to crab it up and down endlessly. Bring it up, reverse and rape the longs, then bring it down, reverse and rape the shorts, bring it up to rape the longs again... etc. You think they're going to allow this market to collapse and let Joe Bobo become a multimillionaire off of his Big Short?

It's like that 20% drop at the end of last year which V'd right back to all-time highs a few months later. For some reason nobody talks about that move very much, even though it was one of the biggest fucking bear traps in history. Then they shoved their cocks up the shorts asses, and they'll do it to the longs now before too long.

It's going to be the exact same in crypto, by the way.

In the first years of crypto, leverage, shorting, and derivatives didn't exist. Now they do, and that completely changes everything, but neither lambotards nor bobos have caught onto the reality of the new paradigm yet.

It's never going down to $1K, and it's never going up to $30K. There's way too much money to be made now in punishing both sides for crypto to ever trend too far in one direction for too long. It's just going to be an endless long-term whipsaw clusterfuck of liquidations in both directions from now on. That is, UNLESS crypto actually gets its shit together, comes up with a use case, and REAL, FUNCTIONAL demand comes about. It's had 10 years to do that and has completely failed, so I'm not holding my breath.

>> No.16056304

>>16056276
>It's had 10 years to do that and has completely failed
You could've said the same thing for the internet in 1990. You're absolutely retarded. Please refrain from posting anymore.

>> No.16056334

How long do I have to exit before shtf?

>> No.16056345
File: 49 KB, 650x705, 18CFF078-C0D8-4EBC-8E21-DECFFDFB9732.jpg [View same] [iqdb] [saucenao] [google]
16056345

>>16056304
He’s right

>> No.16056501

>>16056304
The Internet took a while to evolve, but for what it did in the 80s, it worked well, rather than continue to increasingly reveal itself to be a completely broken, unscaleable piece of shit.

Stop comparing the Internet to an (attempted) currency. They're not remotely the same thing and the analogy does not fit at all.

>> No.16056513

>>16055483
Why fight the FED?

>> No.16056570

>>16055483
Ascending, we’re going to new highs faggot

>> No.16056803

>>16056276
>Here's what's different about now compared to past eras: everybody is savvy now, knows about shorting, and has the tools to do it. Now that the masses can play both sides of the market, the only way to continue to fleece Main Street is to crab it up and down endlessly. Bring it up, reverse and rape the longs, then bring it down, reverse and rape the shorts, bring it up to rape the longs again... etc. You think they're going to allow this market to collapse and let Joe Bobo become a multimillionaire off of his Big Short?
the same as they do now with Bitcoin?

>> No.16056827
File: 304 KB, 770x775, bearbro.png [View same] [iqdb] [saucenao] [google]
16056827

>>16055483
>ns for a second and look at this. S&P 500 is forming a triple top. If it breaks below the trendline (which is very likely

>> No.16056835

Let the market crab for ten years. I get my divvies either way.

>> No.16057229

>>16055483
but an ascending triangle is bullish

>> No.16057251

>>16055585
PMs, tbills, and real estate

>> No.16057482

>>16055678
Retarded

>>16055693
This

>>16055483
Duh

>> No.16057848

>>16055978
Tradanview is free anon

>> No.16058234

>>16056501
The analogy fits Monero. Everything else is fundamentally shit including btc.

>> No.16058285

HERE'S MY QUESTION:

There are 77 MILLION baby boomers whose entire retirements depend on the stock market continuing to go up or at least remain stable.

If the market crashes and all the boomers start cashing out, where does the money go? Nobody will just sit in cash because they'll all need to go back to work in that case. 77 million people buying gold? LOL. Maybe real estate? Crypto?

I just can't see the market crashing like everyone is predicting because too much of the boomer future depends on it not. Probably once they're all dead we'll see an insane crash but they'll keep it propped up until then.

>> No.16058307

>>16058285
It’s all unrealized my nigga. Value doesn’t exist. POOF. Welcome to clown world.

>> No.16058352
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16058352

>>16058285
Banks will be flush with cash from deposits. They'll be able to buy-up all the foreclosed homes going tits up.

>> No.16058392

>>16055483
>he thinks the jews is going to let this happen

>> No.16058531

>>16058307
this. Boomers will either try to flood the work market again, or more probable will suicide in the millions. This will lead to a multitude of economic segments breaking down, from the car industry, over healthcare to media - and in the end will be the state institutions breaking over the loss of income, as non of the later generations will give a shit about the Boomer ponzi and all the rat tails hanging on it dying.

But here comes the funny part, a minority of far far lefties, mainly unironic ex-soviet and chinky (((communist))) believe that this will be the moment they can finally seize global power through joke institutions like the UN, WMF, WB... but what they don't realize is, they will not, they will just be one of a multitude of powers and be out numbered and outgunned especially by regional and local powers who will not give a rats ass about some bureaucrat somewhere 1000 of miles away who doesn't even have the authority let alone weaponry to make a horse drink

>> No.16058571

>>16055639
stocks are shit. Better off margin trading btc with low leverage.

>> No.16058594

>>16056276
There isn't enough money in the world to manipulate the SP500 like bitcoin. If enough people think the market will tank, it will tank and there's no force that will stop it.

>> No.16058608

>>16055483
Ponzi- they will say there is no recession so normie pump their bags then exit.
They know what’s coming, normies don’t.

>> No.16058615

so what should I be holding when this investor confidence drops? gold stocks? tvix?

>> No.16058679

>>16055483
Stocks are overpriced as fuck, difference in interest between 10 years bonds and 2 years bond is negative. Recession incoming in 9 months or so.

>> No.16058701
File: 568 KB, 697x503, pomp it.png [View same] [iqdb] [saucenao] [google]
16058701

>>16058594
> no force that can control it

>> No.16058726

>>16058679
Pretty much. IPO's are being withdrawn from floating cos the owners can see that the market won't pay the inflated initial prices and those that float with a high price seem to drop significantly soon after (e.g., uber). Sort of suggests current market stocks are way overpriced.

>> No.16058821
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16058821

>>16058701

>> No.16058876

>>16055483
>Apple
I lost several thousands on put options with them. If they go down hard I'm gonna be kinda mad since some of the options were set to expire in late Nov 2019 - mid Jan 2020 but I sold to cut losses. Hmm maybe I should buy them back now that they're cheaper.

>> No.16058913

>>16056835
Hmm thats actually a pretty safe move. Id rather market crash, lost thousands on put options but kept one. Should apple crash hard before Dec. I could make about half of what I lost with that single put option.

>> No.16058924

>>16055595
>TA doesn't matter when the new round of QE is just starting
Came here to say this
>>16055722
Even more of a reason why TA won't work

>> No.16058942

>>16055483
S&P500 will never be below 3000 ever again...

>> No.16058987

everything just keeps repeating.
a lot of crash talk, nothing happens, new ath, crash
just like always. the crash will come in 2020 and nothing will stop it.

>> No.16059033

>>16055585
Absolutely correct.
It will push untill it'll brake.

>> No.16059349

>>16055585
forex
gold, silver
crypto if you're not 70
other countries stock

>> No.16059355

>>16057251
disagree on real estate
real estate is going to burst again

>> No.16059370

>>16055483
We are going to have a correction soon as sp500 is currently over valued, but it wont be anything super drastic. Id expect a 8 point firesale drop, at which point you should load your bags for the ride back up

>> No.16059433

>>16055722
The only difference is that they aren't calling it QE.

>> No.16059455

>>16058942
Based

>> No.16059477

>>16055483

Fooled by technical analysis

>> No.16059483

>>16055483
that;s a fucking ascending triangle dipshit
S&Pee going higher, much higher
as long as MAGA is still the PRES

>> No.16059493
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16059493

>>16055483
SILVER TO THE MIAUW!

>> No.16059559

>>16055750
>he doesn't know