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Human from 2050
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Posted on 09-01-20 1:28
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Empty your trading account. Market Crash coming soon. We all just witnessed market going bonkers and we will soon witness many bag holders crying.
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chicagoan
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Posted on 09-01-20 1:30
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Looks like you have a crystal ball. Best of luck to you
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pyackman
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Posted on 09-01-20 1:33
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what is the source of this information
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Human from 2050
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Posted on 09-01-20 1:56
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Definitely you guys must have done a little due diligence from your side. See history - September is always a weak month. I see so many Nepalese interested in AAPL and TSLA, those who made money including me :) are "bad-ass-smart-stock-junkies of wall street". Chart never lies for AAPL whenever it is bringing new model stock price is either neutral or tanks 52 weeks low. TSLA is just a hype and you can definitely rinse/wash and make money in it if you know when to jump into Musky's ass, but checking chart does not work for EVs including NIO, NKLA. And why is everyone investing now and the answer is we all know FOMO. Where is everyone getting money from, the answer is FED or your f#king cheaper LOC. Smart ass like CEO's are already out of market, US banks are now loaded with cash. If you believe until it hits banks, there is no recession then you are missing something. That cash will keep bank liquid this time unlike 2008-09. https://www.cnn.com/2020/08/17/investing/insider-selling-stocks-market/index.html
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RamkumarPoudel
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Posted on 09-01-20 11:45
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I kinda agree with you. Apple would not sink bad as it barely 130-140. TSLA is definitely trading for the future potential. TSLA is not following analyst predictions, no alogrthims, or any past trends in any company. If it took Company like Apple 30-40 years to reach to this level, how could company reach this high in 3-6 months. TSLA CEO is good at selling visions, but TSLA still need to do a lot of work to get car to everyone’s house, work on insurances, local body shop j service center, battery n solar thing. I highly doubt TSLA’s CEO is selling stocks, but Apple guy did 2 weeks ago. Except few IT companies, the growth in stocks have been correlating to economy. Amateur traders, younger folks have definitely rallied behind the stocks such as Apple, TSLA, Zoom, and few Covid health stocks. Stay off from banks, airlines and travel companies. I’m worried some of them will File chapter 7 bankruptcy. You can bet on IT techs, just be ready to pull out when it starts sinking
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deepocean
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Posted on 09-02-20 12:27
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Yesto hypothetical kura 3 barsa dekhi Sundai chu. Khai market bhako haina. Nope market crash hune wala chaina.
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RamkumarPoudel
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Posted on 09-02-20 5:39
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@deepocean you have a right to stick with your opinion. But please agree to the fact that stocks are overbought(human for 20250 explained clearly), and it has to pullback in the future.when? How much? Who knows! Then should we hold up to cash to buy dips? Or buy dips and wait for them to bounce back? After March, retail investors are a game changer in stocks market, who have cash but less well informed about economy and whole market dynamics. So far most of have the good ride, we all been making good money since favorite stocks have taken us to places we not been before. Still we need to remember even the most seasoned brokers on Wall Street can't beat the market consistently. https://www.google.com/amp/s/moneymorning.com/2020/08/31/is-another-stock-market-crash-in-2020- coming/https://www.google.com/amp/s/www.forbes.com/sites/investor/2020/07/16/stock-market-crash-2020-welcome-to-the-end-game/amp/ https://www.google.com/amp/s/www.forbes.com/sites/naeemaslam/2020/08/07/stock-market-crash-retail-trader-institutional-money-hedge-funds/amp/ https://www.google.com/amp/s/www.tampabay.com/news/business/2020/09/01/in-a-year-of-uncertainty-should-you-still-buy-stocks/%3foutputType=am https://money.usnews.com/investing/stock-market-news/articles/the-future-of-retail-investing-is-now
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chicagoan
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Posted on 09-02-20 6:06
AM [Snapshot: 445]
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So in your opinion what should we do? Sell all now and buy back when?
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cp21
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Posted on 09-02-20 6:34
AM [Snapshot: 454]
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RamkumarPoudel
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Posted on 09-02-20 6:35
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I think stocks market are overvalued right now. I’m thinking of holding cash for dips. I would still play around tech stocks that Will hold good in the future. Am I 100% sure it Will crashed , prolly not! Warren Buffett goes around how it will crash, he been investing forever. Please read these articles: https://www.google.com/amp/s/www.marketwatch.com/amp/story/the-pros-are-getting-ready-for-a-market-crash-retail-investors-not-so-much-top-economist-warns-11598970447 https://www.ccn.com/dow-jones-mega-bubble-stock-market-clowns/ https://www.google.com/amp/s/www.forbes.com/sites/mikepatton/2020/08/18/us-stock-market-hits-record-77-overvalued/amp/
Last edited: 02-Sep-20 06:48 AM
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frustu
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Posted on 09-02-20 8:40
AM [Snapshot: 527]
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Thanks , sold everything in IRA, trading accounts and went cash !
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RamkumarPoudel
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Posted on 09-02-20 10:43
AM [Snapshot: 579]
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TSLA just Sinked! Second largest sold good amount of stakes! Now these are some good game! Now it takes to get back up, I bet options trade got hit this times. Way off call or put from 480. Watch out for sharks bailing out. If we played conventional games, these dumbasess know how to play twisted ones. I wish everyone good luck.
Last edited: 02-Sep-20 10:51 AM
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deepocean
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Posted on 09-02-20 11:20
AM [Snapshot: 606]
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TSLA is still over $400 billion. I would rather say TSLA price dropped(instead of sinked) For the second day. Let’s not be conservative in terms of September to be a month of stock crash. When Dow tumbled around 2000 points earlier this year and Yet market didn’t crash, why would it crash when election is this year. Agreed stock market is overvalued but it doesn’t mean it will Surely crash. Market might get corrected in the coming days.
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STUPIDA
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Posted on 09-02-20 11:41
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Correction somewhere between 3-5 % is not only normal but much needed for this high evaluation overall, whether it is because of FOMO or MOMO. I think today overall -ve is was due to news of ADP and dollar strength and other lagging stocks. BTW, who is high on NIKE?
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RamkumarPoudel
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Posted on 09-02-20 1:13
PM [Snapshot: 694]
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Market have not corrected for TSLA. It’s just Baillie Gifford, had reduced its stake in the company from about 6.3% to 5%. They bought shares for 7 bucks. In the long run, it will bring more investors, with prices could be hitting low 400. Lets see if any big player wanna make billions off their single digit investment. Let’s watch and see.For 400-440 shares it takes quite a while to back to 500 area. Thing was different whey around 2300. Lets watch and see. Still good news for TSLA by Bank of America, 5 billions primary shares.
Last edited: 02-Sep-20 01:13 PM
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RamkumarPoudel
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Posted on 09-02-20 1:20
PM [Snapshot: 710]
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May be some retail investors who bought in cheap Could Leave with the news of big player leaving. We need to watch after market and tomorrow to see how it hold up. Other stocks look okay for today so far. Them 2 overvalued sure got hit a bit
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RamkumarPoudel
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Posted on 09-02-20 1:27
PM [Snapshot: 719]
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https://www.google.com/amp/s/www.marketwatch.com/amp/story/teslas-stock-sinks-into-correction-territory-after-disclosure-of-another-large-seller-2020-09-02
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deepocean
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Posted on 09-02-20 3:38
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Dow, S&P, NASDAQ all all time high. Is it sign of market crash? LOL
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RamkumarPoudel
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Posted on 09-02-20 4:34
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May be a bubble? Lol I wish anyone can predict what’s next for stocks market! It’s damm crazy
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RamkumarPoudel
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Posted on 09-03-20 7:06
AM [Snapshot: 1058]
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I have inside scoop. Don’t jump in for TSLA yet. Let it go down more. Is cash ready?more Robinhoodie got scared of the news.
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