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/biz/ - Business & Finance

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17764588 No.17764588 [Reply] [Original]

So the DOW is prolly gonna bottom out at 16k...where do we go from here gentlemen?

>> No.17764651

>>17764588

I dunno...i'll just.... buy some stonks i guess lol

>> No.17764652

if it doesn't stop here it's going under 9000

>> No.17764751

>>17764652
No wayyy....that low??

>> No.17764888

>>17764751
There's no support beneath 20k.
if this is great depression tier crash you'll see below 6000.

>> No.17764898
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17764898

>>17764888

>> No.17764904

>>17764888
This guy is warmer than everyone above.

>> No.17764936
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17764936

>>17764898
It's gonna be okay, just don't think about the money

>> No.17764957

>>17764888
No fucking way. Can’t go that low, can it?

>> No.17765143

>>17764957
It's all going to zero.
Corporations are people.
People are worthless.

>> No.17765157

>>17764588
Nothing. /biz/ is a crypto board.

>> No.17765194
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17765194

>>17764588
dow futures is up
fed is going to try their best
the legendary bull run

>> No.17765216
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17765216

>>17764957
2-4 ounces is 3200 to 6400

cbf drawing usd version this is accurate enough: >>/biz/thread/S11513838

probably also means ww3 though

>> No.17765234

>>17765216
or we bounce and continue to 33k in 2024

>> No.17765243

>>17764588
what do we call this jack

>> No.17765277

>>17764888
>if this is great depression tier crash you'll see below 6000.

Nobody, not even permabears, would hope for this though right? Even if you shorted all the way down, what's the point in money when society would be collapsing?

>> No.17765295

>>17765277
Ask the Jews.

>> No.17765301

>>17764588
Its going to 0.

>the usa collapses means it goes to 0

>> No.17765319

>>17765277
All of profit is flying straight into purchases of Gold within nanoseconds in real time.

>> No.17765334

>>17764888
checked

>> No.17765349
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17765349

>>17765277
Nobody, not even permabears, would hope for this though right?

>> No.17765351

Wait for the goyim cattle to sell their stocks at the biggest loss and buy like mad. Whoever buys high and sells low is a fool.>>17764888

>> No.17765364

>>17764888
lol at that point, having money is the least of your concerns. Civilization will be falling apart.

>> No.17765375

>>17764588
the dow will be $0 tomorrow

screencap dis post

>> No.17765383

>>17765277
yeah it's probably ww3 but
the stock market is not what the media tells you it is. It's not the economy, its a recuring ponzi scheme
the real issue is the petro usd losing reserve currency, there will be a fight for who gets the next empire.
There's probably people that could've told you the date of this crash 100 years ago

>> No.17766262
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17766262

>>17765216
>probably means ww3

GENIUS! LETS FIGHT WHILE WE'RE ALL POOR THATLL WORK! WASTE MORE MONEY YES

>> No.17766417

>>17764957
price to earnings ratio on the dow-jones is 18:1
stocks have been way overvalued
this isn't corona, it's the big market correction

>> No.17766560
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17766560

>>17766417
Can you explain? I'm a little bit slow

>> No.17766596

You should buy en masse once it hits rock bottom

>> No.17766661

>>17766596
What to buy tho?

>> No.17766763

>>17765277
>what's the point in money when society would be collapsing?

exactly. capitalist society was always merely a transient phase of human social development. i feel sorry that so many deluded themselves into thinking it could last forever.

>Capital itself is the moving contradiction, [in] that it presses to reduce labour time to a minimum, while it posits labour time, on the other side, as sole measure and source of wealth.

>> No.17767204
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17767204

>>17764588

Support at 18000 """""ish""""" from there we are straight going to hit 45k.
Literally everyone who invests right now is going to make it until.

>> No.17767361

>>17764888
Checked

>> No.17767368

>>17764651
nah, buy good alts like BDK and NYZO

>> No.17767431

>>17766560
Stocks historical ratio of being properly valued is a Price to Earnings ratio (P/E) of 16:1, meaning the cost of the stock is 16 times the earnings per stock.
Even with the recent slump in stocks, it is still overvalued compared to historical mean values. Put simply, the market was priced for Perfection, the prices just a few weeks backs reflected an absolute faith in a perfect business environment with zero problems or disruptions.
Disruptions do inevitably happen, the current scenario has been predicted years ago, and stocks will fall lower still before they have any hope of recovering.

>> No.17767492
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17767492

>>17764888
trips confirm; financial apocalypse incoming

>> No.17767500

>>17766661
Everything that is not a meme.

>> No.17767765

>>17767500
Everything is a meme though