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I'm obviously not a statistician or a numbers guy, but it really doesn't take much brain to understand that things don't add up. Suppose you have a family of four (2 adults and 2 kids under 17). That alone will entitle you to receive $11,400 through Stimulus Check. Plus states like California...

This is actually a very good quote. Winners are those who can last the longest, namely, to live to trade another day. Also, it's more important to MANAGE your trade (eg. knowing when to get out when you're wrong) than to TIME your trade.

Dude, where you at? On Mars? Uncle Sam has spent nearly $5 Trillion dollars since COVID-19 started. Economic Impact Payment (aka Stimulus Check) alone amounted over $800 Billion. On top of that, you have the Unemployment Benefits as well as Childcare Credit. On top of that, you have the...

What, like the pandemic only started last week??? Like you didn't already know people were hoarding toilet papers and stocking up on bacons??? Like you didn't know already that there's a high correlation between vaccination rate and buying splurge??? Now they're more risk-tolerant, they will...

SHORT 4530 STOP 4542

As a daytrader, your job is not to follow the smart money but monitor the dumb money. Always ask yourself, "Is there anyone behind me who could be much dumber than me?"

I can only say "No shit Sherlock." The question is just where can we find another Paul Volcker? I don't think there is anyone out there with the hatchet. They're all pussies.

Another hindsight analysis. :vomit:

Watch porn. :D

But how would that make you feel lying in bed with Nancy Pelosi for another 4 years? She and her alter ego want to bulldoze over everything in their path.

Well, it's no wonder we've hardly seen any improvement in the REAL economy while the stock market went through the roof throughout the last decade. All the Fed chiefs starting from Greenspan were too damn dovish, caring only about raising asset prices (or preventing them from falling). I've been...

Isn't that what the guy is doing here on YOUR platform, albeit stealthily? ;)

Even the IMF (aka the world loan shark) is warning about inflation and its "high uncertainty". The point is, however, you need to tighten the noose before it spirals out of control (eg. before it becomes so apparent that everyone is talking about it like what's happening NOW). By then, it's too...

The following chart is the US Inflation rate. It shows a nice clean breakout, breaking out of it's 10-year range. Why would you think this is a fake breakout?

Trading down to $0 and still can't figure what the hell happened.

The title of the thread is "Do we need a RUNAWAY inflation...". Inflation must be fought proactively, early on. By the time everyone sees that it's an inflation, as we're doing now, it's too late. Everything is going up now. You can't dick around. That's what happened in the 70s and it wasn't...

Had there not been 20% inflation, we wouldn't have seen Volcker in the first place, now would we?

If you lived through that period, you won't need any explanation. The cliff's note version is the inflation ramped up to nearly 20% by the time Volcker stepped in with his hatchet and slashed and slashed and slashed. That, in turn, created a big recession in the early 80s, which at the time...

I'm pretty damn sure the Fed is asleep at the wheel. Powell is simply a scared dumbass, who won't raise the interest rate on his watch. I just hope we don't see another Volcker like we did in the early 80s. My god, it's painful just looking back.