>a literal boomer is in /smg/ right now trying to convince us hes not going to die of bat aids and this isnt the dead cat bounce to end all dead count bounces
just stare off into the distance, then tell them story time is over, and to bring me their wives. This night the men can keep eachother warm.
James Diaz
I don't know how people do this for more than a year. I thought I'd cash in on a bubble of stock buybacks, and basically win money from short sighted greedy bastards. But because I am part of the
stock market I am now getting whisked along with the double pronged stupidity that was attempts at stimulus today. Both measures taken with barely sketched outlines of the economic and health
effects on the US population. A temporary freeze of credit, rent, etc. with some funds in the pocket made sense for the short term. But the amount of bloat on the stimulus package is ludicrous. If CV is a "nothing burger", then 6 trillion dollars was an unprecedented overreaction that will force the US into a Japanese style zombie economy for decades. All to boost the stock market
temporarily so the big players could get out and look for the bottom (as evidenced by the chain reaction of machine triggers which pushed a trap today). If it isn't then "ending" the quarantine by Easter is going to kill a lot of people. A lot more than if the measures had been kept in place longer. Lives traded for points on the DOW. It's been fun /smg/ but I am done after this. I can't do it anymore. I don't have the mental fortitude for it. One last message.
The fuck are you on about? The 16 trillion was the amount held by the public, which is currently at 17 or something. The actual debt was at ~22 last year
Jacob Price
DOW has Unlimited Printer Works behind it now. Do you have enough shorts in stock?
>b-but the usd can handle 10 trillion pumps because its the reserve currency >sauds change to yuan >dollar reaches zimbabwe levels of inflation >chinese millennium begins
i tend not to bet against our money masters, the government and the fed. if you have money you dont need in the next few years, i'd recommend buying just about anything.
Adrian Davis
While your at it user,
Pick up some gold and silver etf's to hold short/mid-term
I gotta tell ya, I love the cuteposting in this thread (so far)
Easton Garcia
Posted before even writing something. Im so tired.
Just no idea. Could go anywhere. The market is just a clusterfuck right now and I might as well throw dice or watch the swallows fly
Isaiah Johnson
About the same as I tell any zoomer what wants to know what life was like before 9/11 or the internet. Similar, some stuff different. There was good and bad long term effect.
Brandon Lopez
I need it to at least start green tomorrow so I can sell my calls and buy more puts, what are my chances boys?
Isaac Collins
>sauds change to yuan And then World War 3 happens
Colton Morris
how are foreign markets handling corona in comparison to us? are they also pumping money
Camden Cooper
AUD USD exchange rate is fucked buying stocks is costing me more
kek I forgot about my little puttie on canada I wonder if it'll cancel out the losses from the one on Japan That is exactly what I thought of when I saw your post. Except in my head I was singing Spinal Meningitis.
Xavier Scott
They literally through infinite money at this fucking market and its still going down.
Very true, I'm looking forward to the surprise we get to wake up to tomorrow.
I've got 15k tied up in oil rn. It seems this is a one in a life time opportunity so well see how it goes. Some guy in just the past month turned 40k into 1.7 million. Had it all in a robinhood account and everything.
I feel you... It seems like Jerome is gonna pump it somewhat.
Im pretty bullish, and even I would say it's a stretch to hit 300 THIS WEEK. But, hey, I hope I'm wrong.
Michael Rodriguez
against your own currency? the greenback
Jayden James
Oof! I am currently on furlough from wagies. I have been told two weeks guaranteed full pay. Beyond that pending, negotiations are happening with the union and such, probably depends on the particulars of the stimulus the government is fighting over right now. Should be fine as long as shut downs do not extend beyond two months.
hey guys I'm new to investing. I just opened an account and I am up 8% today. if I keep this up I'll be able to retire in less than a year. is this normal?
Matthew Richardson
If any of you guys are clueless on what to buy or whatever, here is my watchlist for some ideas
ecb said up to 750 billion in state bonds. for whole europe. so...
David Ward
When Zimbabwe hyperinfalted their currency they did it for personal wealth, draining large amounts from the currency to buy foreign currency.
When the US tries hyperinflation by printing a trillion dollars, every other country is in the same boat, so the money does not go to other countries, but most of it gets recirculated in the country.
Not a bad list we have lots of similar stuff but i disagree with clorox it's overvalued.
Grayson Roberts
>most of it gets recirculated in the country Not this time.
Connor Miller
You'll be fine. Go all in! Now's the time! If you can I suggest checking out UWT. It's gonna moon soon, I promise! 1 in a life time opportunity my Reddit friend :3
the s&p is going back to 2700 to ensure max pain for bears, seeing as bulls have already endured it. then we come back to test the lows. screencap this