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Thought you have.
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Thought you have.
I don’t think we have reached total capitulation yet. My advisor at Well Fargo says the bottom will be in August. Then buy treasuries and muni bonds. That is about as pessimistic as you can get. Looks like most people on this forum have given up on the stock market. Good news for those looking at for a bottom. Still need a 1998 moment… an economic disaster somewhere . Maybe October will be the bottom like in 1987.
My prediction for the bottom. Tesla 420. SP 3000. Bitcoin 10,000.
Some third world countries economies collapse. A major investment firm bankruptcy. ARK, Robinhood?
The we need panic fear and loathing before rebirth. . Seems like this is Powells plan. Capitulation 101 fear and greed… not enough fear yet.
Robinhood has 6 billion in cash. Probability of them going bankrupt is low.
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I see you have read it in social media and YouTube.
I don’t think we will reach 2009 level. No bank will bankrupt and housing will not crash. Tsla will not go to 420. I actually think we are probably at the bottom now. Just lingering around the 600 level before shooting back up.
Robin Hood has $6 billion in cash yet its market cap is only $6 billion. Does this make sense? Stock market is ridiculously discounted.
Russian economy collapsed in 1998. Maybe again this time. Thailand and Mexico also nearly collapsed. Maybe Argentina this time?
I am looking for a bottom for Airbnb. Maybe 50? I bought at 120 . Still a falling knife.
You bought at 120 thinking it was a bottom yet it went lower. That’s ok because it was already discounted at 120. Now it got discounted more, you’ll need to double down. If it does fall down to 50, which I doubt, you might have to quadruple down.
I am going to wait till August. But even at 120 it’s a good buy. They make more than their hosts with no headaches or costs of owning. 13% of gross. Most hosts are happy with 5% profit.
I don’t understand the logic in China. They have coal fired power plants to power EVs in cities choked in smog from those plants. They would be better off putting the EV money into nuclear solar wind and natural gas power plants. Hybrid cars will solve the carbon scare. Full on EV will just overwhelm the grid.
Coal plants are in 3rd tiered cities. EVs are sold in 1st tier cities. There are wealth gaps between cities.
They are building all those and more. They do an all-of-the-above approach.
What happened??? What’s going on??? I don’t know anything… I’m just a dumb investor who got lucky bottom fishing as always!!! ![]()
Building coal plants to power EVs is just plain stupid.
You and @Elt1 finally agreed on something, with the unfortunate scenario both be proven wrong. How sad ![]()
If we agree on anything plan on Armeggedon, the zombie apocalypse and monkey pox. Buy guns bullets canned goods and move to a missile silo.
Seriously we will see an end to the current chaos sooner than later.
I had a friend predict the dot.come collapse. Sold his $10 million in stock moved to a mountain top in Mendocino towait for the apocalypse…Then what?
Buy American
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Oh wait, not this one.