Ya if you’re a day trader or a frequent trader it does. It doesn’t take a genius to buy a recession and then sell at all time highs.
2018 Stock Prediction
- Thread starter dmclone
- Start date
Ya if you’re a day trader or a frequent trader it does. It doesn’t take a genius to buy a recession and then sell at all time highs.
Making money doing actually nothing productive is cool....good for society too. All is well. Ignore the man behind the curtain. Buy low, sell high! It will all get bailed out, no worries.
You’ve had some odd posts here in past 24 hrs
Yep....someone is feeding me crazy pills.
I'll still meet you at the Alamo Bowl goal post.
You buy/trade stocks to get money to get the girl.....when all you really had to do was play guitar.
I think you've missed a very, VERY important part of investing. Yes, Trading is not really a productive activity and is a zero sum game. However, you need that trading and Liquidity to have a health market. And the Stock Market is VERY important because it creates CAPITAL investment which allows businesses to build and expand. That is a very important part of an economy.
It doesn't interest me. I probably won't buy until Jan/Feb with better signs of a bottom.
Not if you want to buy it really cheap in a couple months...maybe even weeks at this rate.
That is the conventional wisdom. And what is taught in high school. I guess I agree that is what our market was....past tense. From my observation, it is now a vehicle to extract wealth from all those 401k's and 403b's of the bourgeois every so often. 2008 showed me it is eerily perfected now. Keeping the host barely alive like some face-sucking octopus that Tom Skerit is too scared to lay the liquid nitrogen on.
Sure, Facebook and snapchat have got their CAPITAL on paper for their overlords...but they don't do anything of value......at BEST.
The most important and exceptional part of any economy is that you PRODUCE items of value. I am fascinated by this Wall Street/Main Street/Dirt Road debate....for Amercia and other nations that are not us. Why are nations different? All factors weighed.....A kingdom, say, rich in oil and closer to the fantasy of the Handmaids Tale in culture than what the programmed zombies think we are becoming have UNLIMITED CAPITAL so to speak at the disposal of the royalty....what do they do with it?
You may not think FaceBook and the rest produce things of value (I probably don't think they really do either). But they do things and employ many people to do the things they do. It is still producing value. Markets have always had good runs and bad. If you expect a market to go up forever because someone said so well that was just some bad ideas being pushed around.
I don't expect it to go up forever.....I think the complete opposite and will be with you on that...I expect this house of cards to come crashing down at some point...and then the EBT cards stop working and the walmart shelves are empty........to think it can't happen at all is crazy, because it can.
Better hope you don't own Walmart stock if that happens.
https://m.huffpost.com/us/entry/us_4181862?ec_carp=8848699974904458194
