Search found 894 matches

by richard5za
Tue Apr 06, 2021 9:00 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15680682

Re: Financial topics

Even those who were previously the most dyed in the wool bears are saying to me, "Why are you going short when you can make all this money day trading stocks?" That helps to prove The Principle of Maximum Ruin. The market is sucking in the maximum number of believers at the top so it can ruin the m...
by richard5za
Thu Mar 18, 2021 9:01 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15680682

Re: Financial topics

Very amusing and skillfully written! I had a good belly laugh!
by richard5za
Thu Mar 18, 2021 6:50 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15680682

Re: Financial topics

And the other point Cool Breeze is that Western education and culture turns us into problem solvers, and especially in the USA. Our education causes us to want to know the answer or the solution. Its quite black / white in nature. The many shades of grey person doesn't fit too well. And we emotiona...
by richard5za
Thu Mar 18, 2021 5:52 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15680682

Re: Financial topics

https://www.youtube.com/watch?v=RgZBCF3C_y4 Nenner called for a 3370 top for the S&P in January of last year. That was the most accurate call I saw near last year's high (before the pandemic). In this video he calls for a 3980 top for this year. It just hit a record high at 3980 a couple minutes ag...
by richard5za
Fri Mar 12, 2021 3:53 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15680682

Re: Financial topics

** 11-Mar-2021 World View: Math is racist > My experience is that most people struggle with math and math > logic; I'm not including calculus in this comment but I mean less > advanced e.g. advanced arithmetic. > . Forget calculus. Most college graduates today are too stupid to do even fourth grade...
by richard5za
Thu Mar 11, 2021 10:18 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15680682

Re: Financial topics

My experience is that most people struggle with math and math logic; I'm not including calculus in this comment but I mean less advanced e.g. advanced arithmetic. I have no idea what percentage of people have bought BTC, but its an intriguing idea to match those who can do math to those who own, or ...
by richard5za
Wed Mar 10, 2021 10:04 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15680682

Re: Financial topics

** 09-Mar-2021 World View: Ye shall not know the date Actually, the opposite is true. From the point of view of Generational Dynamics, a stock market panic is a chaotic event, and the date cannot be predicted. If Aeden could correctly predict the date, not simply by chance but according to some rep...
by richard5za
Mon Mar 08, 2021 11:18 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15680682

Re: Financial topics

** 08-Mar-2021 World View: The Roaring 2020s Yoicks!! The news from the analysts this morning: We're at a turning point. The pandemic is ending. The economy is opening. And there will be a $1.9 trillion stimulus. Nobody will be selling any more. This is the roaring 2020s!! The market is a rocket sh...
by richard5za
Sun Mar 07, 2021 8:27 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15680682

Re: Financial topics

Dear Higg and Cool, I am not following the logic on the Doomsday arguement. Say I don't believe in the doomsady scenario: That doesn't mean that Bitcoin will succeed. There must be other reasons for it to succeed or fail. If I do believe in the doomsday scenario then that doesn't mean Bitcoin will s...
by richard5za
Fri Mar 05, 2021 11:29 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15680682

Re: Financial topics

The US dollar has been around for 250 years. It's the world's reserve currency. [...] I don't think the dollar gets another 15 years as the world reserve currency. Maybe not 5. Assume for the moment that the dollar loses reserve currency status, what is your top bet for replacing it? There is for s...