I'm thinking we'll see more than a 1200 down drop this morning...the test will be after lunch to see if people move back into the market then, or it drops all day to a 4-5% fall.
on the other hand, if we keep the drop to less than 2% by noon and it's orderly...that might give some backbone to buyers.
LOL you really don’t know much of anything, do you? You sound like this is all a big surprise to you, like you have done essentially nothing other than get carried by the current, and flail to find ways to justify it—both on the way up, and now on the way down. Useless post-hoc drivel LOL
Solid chance of a circuit breaker triggering on the market…7% I think? I’d not be surprised at all. i do think Saudi could step up at some point soon and be the world hero by increasing production by surprise.
that would turn things around. And give Saudi a chance to rehabilitate itself.
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Here's a recount of two bear markets ago...2018. Hard to even remember this one. Will this bear market be the same in its forgetableness? Probably not...record gasoline prices stick in your brain for some reason.
2018, the market fell 20%.
Past two bear markets have mega recovered into all time highs. Maybe we'll go 3/3!
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Here's a recount of two bear markets ago...2018. Hard to even remember this one. Will this bear market be the same in its forgetableness? Probably not...record gasoline prices stick in your brain for some reason.
2018, the market fell 20%.
Past two bear markets have mega recovered into all time highs. Maybe we'll go 3/3!
The S&P was around 2372 when Trump took office in 2016. Markets recover at new all time highs. The betting activities of Worthless shtcoins may not- just a fad of the easy money days of the Covid stimulus times
Bitcoin is down nearly 4% in the last 1 hour and 17% in last 24hrs
is it really a “store of value?”
they told me to HFSP/HFBP
Two major crypto exchanges have frozen withdrawals. Kerrrash.
thanks, matt Damon.
Haha I know. It’s awesome isn’t it? Remember when they would tease us to have fun staying poor, adapt to the new future, OR be left out ? This is called a form of front running and would be illegal in regulated markets
crypto doesn’t have the fiat backing to cover its positions so they have no choice but to freeze as number drops…the whole thing is a fraud. (The fiat to pay out on the exchanges comes from new users)