Parabolic move is what we are witnessing..8-2020

[S2007S]

His reappearance could be the sign the market is near a top.

Indeed a possibility

 

[jys78]

Our free markets are gone...everything market related is run by the FOMC. We will get down days maybe down months. But they won't let it fall far. Stock indexes had been going up for 10 years. We get a quick 30% drop and superman Powell rushes in. That tiny drop was nothing when you step back and look at a monthly chart.

From now on they will never let the markets fall that far. Its all rigged to the up.

Maybe so. The way I see it, you can sit on the sidelines complaining or enjoy the ride making massive profits all along.

 

[jys78]

Imagine if the ndx closes in the red?

Unacceptable.

 

[Millionaire]

@Rickshaw Man is back!

Where have you been?

He must of had to wait 6 months for the market to return back to his breakeven price.

Long wait, he got some balls if he didn't puke up his position on the way down.

 

[Laissez Faire]

LOL. No, seriously. Would be fun to hear what he's been up to. I believe some people were genuinely worried for him.

He did after all disappear when the market went into free fall.

I hope he did well and stayed out of trouble.

 

[Scataphagos]

Has anything of this type of movement ever happened before? I mean that line is completely VERTICAL!!!!!!
Its not even a gradual slant. Its literally straight up.

Recalling from memory....

In Turkey, 1982-2005, their stock market ran up > 2 MILLION PERCENT. But when the currency "revaluation" came, even those who'd been onboard for the entire ride lost 98% of their buying power! (At the end, a cup of coffee cost 3,000,000 Lira!)

That our stock market is soaring due to currency debasement and inflation expectations is not as good as it sounds. In fact, it's not good at all.

 

[murray t turtle]

I think you are right. Even if it does push down its for an hour or at most a day or 2 ..........
I find it fully amazing that the fed hasn't had any emergency meetings to curb such gains.
%%
FED is a bank regulator/concerned about losses more than gains.I still dont understand why they stopped printing [$] silver certs...…….; maybe keep it simple/skilled+ save on less ink?? Paul Tudor Jones maybe right [not a prediction] this year is like 1999...………………………………………………………………………………………………………......................................

 

[S2007S]

Recalling from memory....

In Turkey, 1982-2005, their stock market ran up > 2 MILLION PERCENT. But when the currency "revaluation" came, even those who'd been onboard for the entire ride lost 98% of their buying power! (At the end, a cup of coffee cost 3,000,000 Lira!)

That our stock market is soaring due to currency debasement and inflation expectations is not as good as it sounds. In fact, it's not good at all.

As much as I agree to what you are saying and the fact that it happened in Turkey, the outcome of that scenario I truly am a non believer in, only because not one word is ever mentioned of it and the fact that the fed literally prints money day in and day out, there is absolutely zero fear of currency debasement on fact I don't anyone even sees currency debasement occurring even with the trillions we print. Amazing how other countries go into HyperInflation, however here we can print all the money we want yet we barely see 2% inflation. Yep we have some very magical ways here in the US how inflation just hovers around 2 to 3 %.

 

[Millionaire]

Amazing how other countries go into HyperInflation, however here we can print all the money we want yet we barely see 2% inflation. Yep we have some very magical ways here in the US how inflation just hovers around 2 to 3 %.

USD is world reserve currency, US cant print more than any other country as printed dollars spread around further.

But eventually it will catch up to the US as well.

 

[Scataphagos]

As much as I agree to what you are saying and the fact that it happened in Turkey, the outcome of that scenario I truly am a non believer in, only because not one word is ever mentioned of it and the fact that the fed literally prints money day in and day out, there is absolutely zero fear of currency debasement on fact I don't anyone even sees currency debasement occurring even with the trillions we print. Amazing how other countries go into HyperInflation, however here we can print all the money we want yet we barely see 2% inflation. Yep we have some very magical ways here in the US how inflation just hovers around 2 to 3 %.

The powers keep telling us inflation is much lower than it actually is... and use that excuse to do more and more deficit spending/printing.

$USD being the reserve currency, the destruction will be slower.... but with continuation/acceleration of our current policies, we will see it.