Stock Market update: Everybody panic!

[Skybird]

Just a reminder: just recently the FED capitulated and reversed its still young policy of slowly trying to raise interests above zero again.



Tells a lot on the state of things. The ECB has not even tried to reverse its "negative interest" (=expropriation of private property) course, it mulls an ease for banks at the cost of raising debt even further and create even more of ever more worthless fake money, but I fear that private people will get hit by penalty-interest induced expropriation even harder, because they are all guilty of saving for bad times to come, these irresponsible criminals.



All in the name of "new money theory" and the higher economic interest, of course.



The party gets celebrated on even more tick. A litte more new time gets bought for that fat cats - and the pric eof that the crash at the end will be even harder, and the fall will be from even higher altitude.



Nothing what happens on the stockmarket since years, is healthy, sane and reasonable. New money theory is porn for incapable pseudo-economists who now run fairy tales much worse than the original fairy tale told by Keynes.



Its all a nightmare. Deeper and deeper into the maelstrom. No chance to wake up. And the zombies yell and dance and play the music ever louder.

[Rockstar]

EKSO trying to break through that $2.50 resistance. push baby push
2019 make or break for this one. So far I'm pretty happy how things are going. But ol' Mr. Martin-Baker is ready to assist when needed

[Rockstar]

Meanwhile some thoughts on Keynes (language NSFW or virgin ears)

...Getting back to Keynes, he said, “all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery.”
A gamble and a lottery. Huh? Like speculating on stocks, ICOs, precious metals, real estate, and everything else?...


...He gave us the recipe for “overturning the existing basis of society.” All you have to do is “a continuing process of inflation,” which will “confiscate, secretly and unobserved, an important part of the wealth of their citizens.” This “brings windfalls, beyond their deserts and even beyond their expectations or desires” to the “profiteers, who are the object of the hatred of the bourgeoisie, whom the inflationism has impoverished, not less than of the proletariat.” Finally, this process “engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.”

https://biiwii.com/2019/03/19/keynes...ort/#more-3757




If ya can't beat'em join'em I always say

[Rockstar]

EKSO, it's just been accumulating and bouncing off the top at around $2.50. The more the better but any day now its gonna pop.

[Rockstar]

Originally Posted by Rockstar

EKSO, it's just been accumulating and bouncing off the top at around $2.50. The more the better but any day now its gonna pop.

OK, it didn't pop I suggest you BTFD.

[Onkel Neal]

Here we are. Coronavirus panic or overdue correction, who knows but clearly moving into BUY territory.

[Onkel Neal]

Oh mama!

Dow Drops 2,100 Points: Stocks In Meltdown After Temporary Trading Halt

[Skybird]

German DAX drops by over ten percent today. Its the latest in a string of drops.

[Onkel Neal]

So; this is like 2008, possibly. Stocks are down but should we assume that in 6 months - 2 years this virus will run its course, businesses will recover even grow from pent up demand?

If you put $10,000 into a stock today that is selling @ $20, if/when it returns to its normal value @ $60, then you triple your money. We saw this in 2008-2011.

If you have the stomach for the risk. If it does not work out, there's no one to complain to. It's every man for himself in the markets.

[em2nought]

Originally Posted by Onkel Neal

So; this is like 2008, possibly. Stocks are down but should we assume that in 6 months - 2 years this virus will run its course, businesses will recover even grow from pent up demand?

If you put $10,000 into a stock today that is selling @ $20, if/when it returns to its normal value @ $60, then you triple your money. We saw this in 2008-2011.

If you have the stomach for the risk. If it does not work out, there's no one to complain to. It's every man for himself in the markets.

It would be a nice time to have some cash on hand.

[AVGWarhawk]

Originally Posted by Onkel Neal

So; this is like 2008, possibly. Stocks are down but should we assume that in 6 months - 2 years this virus will run its course, businesses will recover even grow from pent up demand?

If you put $10,000 into a stock today that is selling @ $20, if/when it returns to its normal value @ $60, then you triple your money. We saw this in 2008-2011.

If you have the stomach for the risk. If it does not work out, there's no one to complain to. It's every man for himself in the markets.

2008 the Dow dropped to 6600. Then went to 29000 in the past year. This market will roar back. The computer traders are in a frenzy. Media is driving the panic.

[Rufus Shinra]

Worst day in History for the French stock exchange's main index CAC 40, British and German ones had their worst day in more than 30 years. I guess I'd buy Airbus stock if I had cash at hand.

[Skybird]

Markets closed, second worst day in its history for the German DAX. in the end it lost over 12% today.

[Buddahaid]

"The system is not really geared to what we need right now... let's admit it," said Dr Anthony Fauci from the National Institute of Allergy and Infectious Diseases."

https://www.bbc.com/news/world-us-canada-51860529

[Skybird]

Originally Posted by AVGWarhawk

2008 the Dow dropped to 6600. Then went to 29000 in the past year. This market will roar back.

Which tells something on how really unreal it is. No real economy wins and looses value by severla factors this fast - except bombs wipe it out in war.