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GEEMAN said:
(y) , I expect another 15% beating in the market by mid October
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It's funny. I use Interactive Brokers and they just announced (yesterday) that they will temporarily increase margin requirements due to an expected increase in volatility between now and Election Day.
 
Today is the first day that I've seen retail fintwit bulls start sweating a bit. They were comfortably buying the dips assuming that it would work as it did for the past six months. Now they're starting to get concerned. I need more of that before I'm bullish again. Soccer Mom nailed it. Just talked to him today and he's still mega bearish, but will start turning bullish if we get another 5-6% from here.
 
Preston said:
Today is the first day that I've seen retail fintwit bulls start sweating a bit. They were comfortably buying the dips assuming that it would work as it did for the past six months. Now they're starting to get concerned. I need more of that before I'm bullish again. Soccer Mom nailed it. Just talked to him today and he's still mega bearish, but will start turning bullish if we get another 5-6% from here.
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That's just it --- need a down day where the dip buyers don't save the market with big buy during the last half hour.

I'll go long when we get that OMG Panic Waterfall moment
 
If we want to subscribe to conspiracy theories, we all know democrats would love to see the market tank into March lows over the next six weeks, so if bigshots decide where the markets go... That's probably their #1 hope of beating Trump. Polls schmollz.
 
LeafOfFaith said:
If we want to subscribe to conspiracy theories, we all know democrats would love to see the market tank into March lows over the next six weeks. That's probably their #1 hope of beating Trump. Polls schmollz.
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Nah, it'll be spun by the Republicans as the market pricing in a Biden win. "See what will happen if Biden wins?!!?!?!"

Anyway, historically speaking, if you have a lot of money in the market you do not want a 2nd term Republican president. Politics aside, the numbers speak for themselves.
 
CH1 said:
what is your thought process for this?
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CH1 said:
what is your thought process for this?
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Election is first and foremost , beating required for new regime change to follow pattern history

You nailed it on the margin calls

Finally once this market and valuations get out of whack Ricky and the Robots take it down to get the cronies back in in with their billions in cash . Too expensive for the pyramid to continue .

Same shit happened in March
 
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GEEMAN said:
Election is first and foremost , beating required for new regime change to follow pattern history

You nailed it on the margin calls

Finally once this market and valuations get out of whack Ricky and the Robots take it down to get the cronies back in in with their billions in cash . Too expensive for the pyramid to continue .

Same shit happened in March
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LeafOfFaith said:
That's pretty funny. I hadn't thought about that spin. That would be amusing to hear.
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It's basic politicking. I wouldn't blame them for doing it. The stock market is their silver bullet. If the dems were smart (they're not for the most part) they'd bust out the nerd stats on the stock market performance in 2nd term Republican Presidents throughout history. They should go full Zeke.
 
I don't mean to jinx myself (still have some puts) but this close feels different -- and 3PM dip buyers may not win this time around.
 
No jinx. Pretty weak close. Locked in gains. Would like to see another quick 3% slide in SPX before end of week.
 
Preston said:
It's basic politicking. I wouldn't blame them for doing it. The stock market is their silver bullet. If the dems were smart (they're not for the most part) they'd bust out the nerd stats on the stock market performance in 2nd term Republican Presidents throughout history. They should go full Zeke.
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This is why we hold cash on hand to buy when others are crying

Already waiting for hopefully more pain in this

Freeport-Mcmoran Inc (Instrument ExchangeNYSE: Instrument SymbolFCX-N)

Got in at $ 5.50 dumped at $15

You , CH1 and other option day trading geniuses hopefully have a field day in the next few weeks

You guys are GOAT in this stuff 👑
 
Eh, I mean you can have cash lying around to buy new stuff you maybe missed or couldn't afford before, but it's little consolation when the rest of your holdings are dropping 10%, 20%, 30%.....
 
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