/biz/ - Business & Finance

>>19860069
>thinking that was the dip
Boy howdy

>>19860069
ok robinhood zoomer

he will be left behind in the cold clown world future

>>19860069
Market hasn't even begun to dip. All the price action the past few days (maybe even weeks at this point) has indicated that some enormously bad shit is about to happen. NO ONE is buying this thing higher.

>>19860681
could you explain this further, what price action? genuinely curious

>>19860089
>>19860681
Even if the market does dip, he still missed out on the single most dramatic market recovery in history by selling the absolute bottom.

>>19860681
>All the price action the past few days (maybe even weeks at this point) has indicated that some enormously bad shit is about to happen. NO ONE is buying this thing higher.

>>19860089
Fpbp

>>19860772
Really quickly since I don't have a ton of time:

Every day let's say I start a candy bar for sale at $1.50...I move the price to $1.60...then by the afternoon I'm selling the candy bar at $1.40.Next day I move it back up, but this time only to $1.47...then I move it to $1.59...then by the afternoon it's $1.38...

What I'm doing is manipulating the shit out of everyone buying my candy bar. I know it's sure as Hell not worth what people are paying, but because I can set the price to whatever I want, I can raise price and test the frequency at which people are buying it. When people stop buying it with frequency I need to drop it because otherwise people will recognize my scam.

But if people pay attention they can recognize the scam as well because they'll see it's not real supply and demand that is driving my price higher, it's just me arbitrarily manipulating it. Every time I run my cycle, a few people get a little more wiser and the scam is less efficient.

Now instead of me and my candy bar, picture an organization of billionaires, their pet robots, their pet Fed, and the entire stock market. From a system standpoint, the stock market has very similar characteristics as pic related, but it's even more rigged.

Price goes up to rope you in, price drops lower, and holds lower. When you see price having a harder and harder time holding higher, you're in some deep shit unless you're the one running the scam. At that point, you load up on hedges and kick the legs out.

Really quickly since I don't have a ton of time:

Every day let's say I start a candy bar for sale at $1.50...I move the price to $1.60...then by the afternoon I'm selling the candy bar at $1.40.Next day I move it back up, but this time only to $1.47...then I move it to $1.59...then by the afternoon it's $1.38...

What I'm doing is manipulating the shit out of everyone buying my candy bar. I know it's sure as Hell not worth what people are paying, but because I can set the price to whatever I want, I can raise price and test the frequency at which people are buying it. When people stop buying it with frequency I need to drop it because otherwise people will recognize my scam.

But if people pay attention they can recognize the scam as well because they'll see it's not real supply and demand that is driving my price higher, it's just me arbitrarily manipulating it. Every time I run my cycle, a few people get a little more wiser and the scam is less efficient.

Now instead of me and my candy bar, picture an organization of billionaires, their pet robots, their pet Fed, and the entire stock market. From a system standpoint, the stock market has very similar characteristics as pic related, but it's even more rigged.

Price goes up to rope you in, price drops lower, and holds lower. When you see price having a harder and harder time holding higher, you're in some deep shit unless you're the one running the scam. At that point, you load up on hedges and kick the legs out.

>>19860927
How's today working out for you? There was a lot of follow through to the upside eh?

>>19860069
He's all about fundamentals and there is nothing fundamentally sound about what's going on

>>19861896
But we beat the virus, right? R..right?