2024 Economic Collapse

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Is it Joever?

  • It's Joever

    Votes: 87 16.1%

  • We're just getting joeing

    Votes: 254 46.9%

  • Kill yourself furfag

    Votes: 201 37.1%
  • Total voters
    542
DiabeticSydePhil said:
[Harris ad plays talking about how strong the economy is under Biden/Dem control]
[Now back to NBC talking about the stock market crash]

It's a beautiful sight.
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Any chance you have a clip?
 
I'm afraid to go check on my portfolio.

sassblassted said:
I'll be honest, i don't mind losing a few thousand dollars if it means that hedge fund managers across the world either jump into a noose or a 50-story drop.
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No matter what happens your hurt will always be 10 times anything they could experience.
 
"Iz it time for me to come in with the great rezet yet?"

BN-EI841_schwab_FR_20140902125020.jpg
 
Flan Handler said:
“Don’t try to catch a falling knife” is good advice if you don’t know what you are doing. Just sit tight, some great fortunes are started in times like this.

I personally have a list of companies that I like, and I hold over decades so I almost don’t care what the price is. It’s lovely when they go on sale though.

If I were young I’d be looking for at least a few of those. Not every stock is going to fall apart here, mine are fine so far although I expect that to change as panicky flailing spreads outwards.

There are multiple strategies that are good to run at different times. Today, I would sit tight. A time will come where things seem to stabilize but prices are still down. Buy quality companies, start looking for them now.

Here’s some of my filters:
- Is this a product that people care about? People are very brand conscious about things they put into their bodies especially. Think candy and booze.
- Are people willing or able to go weeks or months without buying it?
-Does this company’s success rely on a major societal change that hasn’t been implemented before? Pass.

I never think I am connected or smart enough to outsmart the Jews, so I play a different, old fashioned game. Since I have time on my side, I don’t fuck with leverage, which makes me look dumb when line go up, but leaves me smug as shit on days like this when I don’t really have to do anything.
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Literally none of this matters. The kikes in charge will just say their company is "too big to fail" and force you, as a taxpayer, to bail them out. Just buy stock that is already subsidized by the fed and sell when you make a decent profit. The entire system is a ponzi.
 
HTTP Error 404 said:
What's the state of play at the end of Monday? Did things rally? Did they stem the bleeding? Or are we still seeing things in freefall?
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I remember during the gamestop diamond hands incident /wallstreetbets had a poster from and investor that discovered that several accounts were rapidly buying and selling from each other multiple times a second in order to keep the stock artificially low, but this investor had a fast enough connection that he was able to intercept those trades. I'm pretty sure that the rapid trade trick is currently being used, among other tricks, to keep the stocks artificially high. But that won't last forever.
 
Betonhaus said:
I remember during the gamestop diamond hands incident /wallstreetbets had a poster from and investor that discovered that several accounts were rapidly buying and selling from each other multiple times a second in order to keep the stock artificially low, but this investor had a fast enough connection that he was able to intercept those trades. I'm pretty sure that the rapid trade trick is currently being used, among other tricks, to keep the stocks artificially high. But that won't last forever.
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You're describing High Frequency Trading. It's usually used for purposes of arbitrage instead of maintaining a steady price. It would drastically increase the amount of trades per day, and it could only be used on individual tickers, not an entire market.

My guess? People pumped because they have a reason to pump.
 
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