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Old 06-02-2020, 01:21 PM #1
B.UTLER B.UTLER is offline
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Default i was wrong about the stock market. it didnt do a 2nd crash.

I doubt it will unless Biden win I guess it may go down but I don't think it will do a 2nd crash due to corona.

The whole US in chaos and looting and riots in major cities and stock is still up today.
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Old 06-02-2020, 01:36 PM #2
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Originally Posted by B.UTLER View Post
I doubt it will unless Biden win I guess it may go down but I don't think it will do a 2nd crash due to corona.

The whole US in chaos and looting and riots in major cities and stock is still up today.
Insurance companies will pay. Home improvement store sticks will rise. Contractors will have work again.

The market will keep rising.
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Old 06-02-2020, 01:39 PM #3
jreckoning jreckoning is offline
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The markets are so weird these days, it's really hard to tell what's going to happen but I hope you are right that they don't crash again.
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Old 06-02-2020, 01:44 PM #4
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I doubt it will unless Biden win I guess it may go down but I don't think it will do a 2nd crash due to corona.

The whole US in chaos and looting and riots in major cities and stock is still up today.
Yeah, it's really hard to understand. I'm actually up a little since before the crash. I moved some dollars to energy stocks and casino stocks which were rock bottom. so far so good.
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Old 06-03-2020, 12:27 AM #5
Bob Haymon Bob Haymon is offline
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The government can just create money out of thin air to keep it propped up.
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Old 06-03-2020, 02:23 AM #6
JimRaynor JimRaynor is offline
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The government can just create money out of thin air to keep it propped up.
You sure about that?
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Old 06-03-2020, 04:06 AM #7
Bob Haymon Bob Haymon is offline
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You sure about that?
What do you think that stimulus was about? Money printer go brrrr, stock market go up.

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Old 06-03-2020, 06:03 AM #8
Mash121 Mash121 is offline
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Fed propping it up.

I've been bearish for some time and I still think another dip is in once reality sets in.

That said still done well since corona arrived. Stocks on sale. The big tech firms are holding the market.

If trump loses the election I think a major crash is coming!
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Old 06-03-2020, 08:48 AM #9
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The government can just create money out of thin air to keep it propped up.
exactly, so sitting on money isn't going to work at all. cash is going to start losing it's value to buy goods. more and more money with fewer goods being produced. scary times all around but you have to stay in the market or find somewhere else for your cash to ride the wave.
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Old 06-03-2020, 10:18 AM #10
B.UTLER B.UTLER is offline
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I guess it's time to move them back to stocks.. it's on money market/stable fund
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