/biz/ - Business & Finance

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Nasdaq Anonymous Mon Sep 19 06:54:13 2022 No.51509216 [Reply] [Original]

Kek, is this just a massive head and shoulders that will dump back down to the neckline where the covid bullshit began in feb 2020? If yes, will this be how BTC reaches 13k?

>>	Anonymous Mon Sep 19 06:55:19 2022 No.51509232 >>51509216 Yes.

>>	Anonymous Mon Sep 19 06:56:38 2022 No.51509248 >>51509232 Thanks for clearing that up.

>>	Anonymous Mon Sep 19 06:57:19 2022 No.51509258 File: 122 KB, 683x1024, B1614732-5048-41AB-B61F-FF4DA72C4604.jpg [View same] [iqdb] [saucenao] [google] Aarrrgggggggghhhhhhhh!!!!!

>>	Anonymous Mon Sep 19 07:03:43 2022 No.51509315 File: 125 KB, 1177x1025, 1663571010925.jpg [View same] [iqdb] [saucenao] [google] >>51509248 No need to thank me, I'm just doing my job.

>>	Anonymous Mon Sep 19 07:05:32 2022 No.51509324 File: 25 KB, 480x480, 1508192804256.jpg [View same] [iqdb] [saucenao] [google] >>51509216 fucking hell it took forever to recover after the dotcom bubble

Anonymous Mon Sep 19 07:24:44 2022 No.51509434

>>51509216
think about all those companies? which one is actually relevant? yeah
all of those overvalued stocks will approach zero
bitcoin will drop but it will help into making sure long term those companies aren't valued at those irrational prices, and future bubbles will be about select companies, not the global market
this is it, the great reset is starting
what they meant by you will own nothing, is that everything you own will be devalued

>>	Anonymous Mon Sep 19 07:48:17 2022 No.51509613 >>51509216 H&S has about 47% winrate so it doesn't mean anything

>>	Anonymous Mon Sep 19 07:51:25 2022 No.51509640 >>51509434 against what? something is only as valuable as what it's compared to.

>>	Anonymous Mon Sep 19 07:53:31 2022 No.51509658 >>51509324 nah just 7 years, at least better than just wagecucking for 60 years

>>	Anonymous Mon Sep 19 08:27:44 2022 No.51509904 >>51509640 Against the new cbdc ponzi

>>	Anonymous Mon Sep 19 10:05:49 2022 No.51510714 >>51509216 shhh don't tell the bulltards, cough cough NEW ATH EOY! BTC TO 1000000000B$!! GO LONG FELLOW MUMUS, TO THE MOON!

>>	Anonymous Mon Sep 19 10:13:44 2022 No.51510787 >>51509216 Question is how comparable from 2001 dump to this year?

>>	Anonymous Mon Sep 19 12:55:56 2022 No.51512547 File: 92 KB, 1920x1080, 1648344015326.jpg [View same] [iqdb] [saucenao] [google] >>51509216 You gotta think like a kike go long until the 100th anniversary of Israel then dump. Only niggers jump the when they can't swim

>>	Anonymous Mon Sep 19 13:00:38 2022 No.51512608 >>51509324 kek my thoughts exactly and its the exact same pattern now. its so beyond over. time to play video games for 10 years

>>	Anonymous Mon Sep 19 13:03:13 2022 No.51512643 >>51509216 Fucking hopefully, I have a bunch of cash on hand and want a cheap house.

>>	Anonymous Mon Sep 19 13:03:41 2022 No.51512651 File: 717 KB, 1080x1233, Screenshot_20220914-060023.png [View same] [iqdb] [saucenao] [google]

>>	Anonymous Mon Sep 19 13:06:16 2022 No.51512682 Damn I feel like a fucking genius for selling at a loss a few months ago. So now all I have to do is hold cash and wait for btc to drop to 10k? This shits so easy. I guess only pigs get slaughtered after all

>>	Anonymous Mon Sep 19 13:08:49 2022 No.51512715 No, we just get a trendline reversion. Cope and seethe.

Anonymous Mon Sep 19 13:21:05 2022 No.51512873
File: 105 KB, 1276x667, Nasdaq chart Sep2022_technical magic.jpg [View same] [iqdb] [saucenao] [google]

>>51509216
Idk, if you have a long enough time horizon, the stock market should be in good shape by the 2030s and 2040s.
It took from about 2000 to 2017 for the NASDAQ to recover from the dot-com bubble heights, but if you invested during the dips you likely did okay since stocks like AAPL, NFLX, AMZN, MSFT, GOOG, ADBE had excellent years.
I recently rebalanced my tech heavy portfolio to include more energy/material/shipping stocks, since those are doing well this year. Not sure if it's going to matter in the long-run, if this doesn't work out I'm selling everything and buying index funds.

Anonymous Mon Sep 19 13:25:43 2022 No.51512945
File: 466 KB, 1000x564, 1584398520066.gif [View same] [iqdb] [saucenao] [google]

>>51509216
patterns are useless when the whole market is dictated by the fed's policy
>brrrrrrr -> stonks go up
>no brrrrrr -> stonks go down
it's literally that easy. and also obvious. the only thing financial news talks about is what the fed might do next.

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