Johnny dumb like my shoe... hahaha
Overbought conditions are diminishing and the country is in a recession. The propaganda machine is running out of excuses for this #$%$ economy and you know what they say, you can't shine #$%$. If you're short you will get buried.
this bad news should mean higher markets. Any good news will mean higher markets. If things get worse, the market should go even higher.
At the end of the day, stocks can only go up. This is the new, bad, good market that people expect.
Don't speak to soon Ying Yang. There's a lot of day traders in this stock. We can still have a big day and I think we will.
It's only a matter of days, weeks, or months, but the catastrophic plunge will happen. U.S. will be a in a recession by September even with all the fraudulent numbers.
I don't recall the part where i said i was worried about poor people, but you go ahead and think whatever it is you're thinking there spaceturd.
People need to consume to support this paper economy. It's a simple equation.. less money, less spending. Point being, the market is in deep shiz and so is everyone who's got their head up their #$%$ thinking things are getting better.
You're pretty funny.. I guess none of these things effect you in your castle, but most people have little disposable income. Therefore, they have to consider these things and it will catch up to the market. That's a fact.
How much longer can this market hold on? People are getting crushed with heating bills, gasoline price increases, housing declines, credit etc.
You can only spin this dog of an economy for so long. Corporations have cut expenses to the max already.
You forgot to mention that peoples heating bills are through the roof and gasoline proces are rising.
the economy will do better. The phones will work better to call people for job interviews. People will need to eat once the weather gets better. They'll buy some cars with convertible tops or sun roofs. Employers will require you to go to work on a daily basis.
Are you actually saying that you know how it will react? I know many professional traders that say there's no basis for any of this.