Crash is Upon Us
- Thread starter Pabst
- Start date
First I want to say is that this is one of the best posts on ET. Rare to find people that understand what really goes on in this crazy world.
As for your question mark, I think it's becoming more and more apparent that the dollar printing game is coming to an end. That's why we have the War On Terrorism taking centerstage, pushing the War on Drugs behind it. This "service economy" facade can go only so much longer before it all crashes. To contol any type of possible uprising, the powers at be have been investing in prison. The reseach behind prison big business is quite revealing.
I think people need to open their eyes and see what's really going on. The market is just being stagnant, it has not really gone anywhere considering dollar devaluation A crash is nonsensical, even though stock is just paper, there are real assets behind these companies, all of which have went through inflation due to the declining dollar. If there was a crash, all of us will have much bigger issues to worry about than who made which prediction and who has the better P&L that day.
LMAO. I swear the market is in an obvious downtrend and people get all excited about a 1 day move up. So much emotion for no reason. Just remember it takes a long time for major institutions to get out of their stocks. They need suckers to keep thinking we are moving up.
And just for the record, people make predictions because its fun to make predictions. No harm, no foul.
What is going to take over for the housing bubble?
Don't you understand, the market has been running in place for 30 months, its not that far from were it was in Jan 2004.
What is going to push it higher, run up the futures overnight, then gap open stocks, Equity inflows have been negative, shorts are the buyers, not investors.
Investors are running into fixed yielding 5% right now. These big gyrations are wallstreet banks and hedgefunds trying to generate interest and keep the day traders from staying on the sidelines.