Take a look at this chart and tell me what you see. The biggest pandemic in 100 years, and it only sets us back to 2017 DOW levels, haha. This is the most obvious dead cat bounce in history. The DOW is 100% going to 15k-16k
Lol @ people who think we have reached the bottom
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I’ve said this too for the past month. I’m getting so sleepy.
yeah faggot and i'm here making money must suck being you
BBBRRRRRRRRRRRRRR
imagine being scared of covid19.
The boomers in power will never ever let a crash like that happen.
Who's gonna stop them from printing an infinite amount of dollars to prop up the market for the next 50 years? That's right, no one. This market has only one direction and that's up.
the price doesn't have to reflect the reality of the economy, it is determined by the free market - buyers and sellers.
The biggest buyer in existence are about to enter, with unlimited money, only downside is depreciation of the purchasing power - which also in itself would drive the price higher.
We could see x10 from here within the next 2 year.
Why the fuck are you defending the bullshit manipulation by Fed by saying
>hurr I make money stocks go up
If you are part of the middle class you are literally losing money no matter if your stocks go up or not due to the insane money printing
I have bad news for you bobo. During the spanish flu, the biggest pandemic of last century which lasted from the beginning of 1918 to the end of 1919, the markets went through a 2 year long bull cycle. Only after the pandemic was over at the end of 1919 did the markets crash back down again.
>what is inflation