stock market crash

[scooterscot]

You all know what the mass money printing will lead to? No one believed hyper inflation would come to the UK/US... it's now on our doorsteps.

[Zigenare]

Nah, printing money will be the easy bit - hard bit would be to buy anything made in China/India (pharma), which is a lot

We've stopped manufacturing in China and India, their quality is tulipe and they cut corners in the manufacturing processes. Unsafe.

[scooterscot]

Shared this chart a few pages back... can you see what it is telling us now?

We've a new resistance converging with the market price action around Monday / Tuesday of next week. Should today's candle finish up as another Gravestone DOJI with the Stochastic RSI so low, then we should expect a correction twice as deep as the previous, taking the market to our target of 4600. Maybe 4200.

You can see from the first correction the candle length is 2x after each Gravestone. You see the same thing in reverse at times... to use a Trump.. it's a beautiful signal.

[northernladuk]

World is falling apart due to non market forces and you are still consulting graphs. What a pillock.

[PlanB]

You all know what the mass money printing will lead to? No one believed hyper inflation would come to the UK/US... it's now on our doorsteps.

If that happens one of the best places to be is the stock market.

[ChimpMaster]

If that happens one of the best places to be is the stock market.

Exactly, in times of hyperinflation, buy assets. Real assets, things of value and utility - good businesses, properties - not stupidcoins.

[scooterscot]

World is falling apart due to non market forces and you are still consulting graphs. What a pillock.

1st - don't be rude... just cause your pension is getting rekt.

2nd - the world is not falling apart.

3rd - If the markets go up or down there'll always be something someone attempts to claim the reason for. Panic! The Markets are crashing because of the virus! And not because of years of incessant money printing & stock buybacks. Bitcoin coin is crashing, manipulation they'll scream!

Learn to start thinking what the herd is not and you'll profit beyond your wildest dreams.

[scooterscot]

If that happens one of the best places to be is the stock market.

Maybe, but I'd still go with commodities before equities. Do you think the FED will go into the market and purchase stocks?

[PlanB]

Exactly, in times of hyperinflation, buy assets. Real assets, things of value and utility - good businesses, properties - not stupidcoins.

The only model we have for this in a Western economy is the Weimar republic of Germany, during hyperinflation stocks and gold went to the moon. Not too sure how crypto currencies will fare, it's not something the general public understand well at all and people get very conservative in a crisis.

[BrilloPad]

World is falling apart due to non market forces and you are still consulting graphs. What a pillock.

There are many traders who take this stuff very seriously. They may be pillocks. But they are rich pillocks.