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FudgeMarket hasn't closed, another hour to go.
Been down around 800 pts all day.
It will probably close that way.
FudgeMarket hasn't closed, another hour to go.
Been down around 800 pts all day.
It will probably close that way.
Fudge
I'm actually going to move some and take a bit out. this is gonna be a helluva ride for the next few monthsExpect more of this.... if you have positions in the green and don't mind the taxes, I'd close positions now.
This market is going to tumble.
I'm actually going to move some and take a bit out. this is gonna be a helluva ride for the next few months
Yup. I was telling my friends this a few weeks ago. We are due for a massive pull back and if Biden is elected, it will go down even further. I've scaled back on most stuff and will be waiting out the next 6 months.Next few months will be totally fucked.
Scorched Earth if a certain President loses re-election.
stayed far away from that one.Any of you getting in on the snowflake IPO tomorrow? Or the palantir one in a week?
Next few months will be totally fucked.
Scorched Earth if a certain President loses re-election.
Yup. I was telling my friends this a few weeks ago. We are due for a massive pull back and if Biden is elected, it will go down even further. I've scaled back on most stuff and will be waiting out the next 6 months.
You do what you got to do. I’m not dumping everything especially if Biden wins......I cashed out 50% positions weeks ago. If I feel Biden is going to win and get the senate I’m dumping everything.
Airline stocks maybe?
Covid vaccine: 8,000 jumbo jets needed to deliver doses globally, says IATA
Shipping a coronavirus vaccine will be "largest transport challenge ever" says the airline industry.www.bbc.com
Hmmmm......think...think....think.....what is going to happen in the equities market????
* historically high and jacked-up PE rations (read: no need to read any further, run for the fucking hills)
* 51 million Americans unemployed (!)
* capital is practically interest-free, and the Treasury has injected crack-level volumes of cash to artificially float and inflate the markets
* industries are deregulated to the point where a sector collapse in inevitable, and will trigger mega collateral damage
Lol. If Biden wins there will be a short-term correction and the market will revert to a sustainable level over time.
If Trump wins it will jack up even further for a very short while, but the chickens gonna come home to roost within a year, at most two years. And that collapse will be devastating and lasting.
Anyone that can't see how fake this economy should not be investing in equities.
US Govt likes picking winners and losers these days.
Which Airline CEO is buddies with Trump?
Lol, it was just a joke.
I mean... it isn't out of the realm of possibility that Trump would hand over a massive federal contract to an airline CEO buddy to transport vaccine, regardless of whether they transport a single vial of the stuff.
Then that CEO quietly changes travel policies so all of his business travel or events utilize Trump properties.
I can see the headline now "Blah Airlines Collects 987 Million Dollars for Zero Vaccine Deliveries"
Or maybe re-purpose Kodak again?