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| Topic | Trump Blames DEMOCRATS and NOT the Coronavirus for KILLING his STOCK MARKET!! |
| streamofthesky 02/28/20 1:35:41 AM #12: | Yellow posted... Usually I buy every time this happens and make a lot of money, but it looks like it's currently in free fall still, maybe we can finally burst that bubble so I don't have to worry about investing. I was looking at the S&P 500 history today, and it's fucking nuts how much it shot up in the last 6 months in particular (and of course, it's been increasing steadily for years now before that). A "bear market" is apparently if it drops 20% from the "recent peak". But that peak was so stupidly pumped up that it could fall to 2700 points (ie, still higher than it was half a year ago) and be considered a "bear market"! Shit is gonna have to plummet a lot further than a technical "bear market" before I jump in. These indexes are just such massive bubbles right now. It's sickening how much the Federal Reserve has done to manipulate things and keep those stocks climbing, with no regard for how it'll fuck us over later on. ... Copied to Clipboard! |
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