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In Memory
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Discussion Starter #1
What do you think the BOTTOM is & why?

Happily, I got out before the current downward debacle.

I'm setting on a pile of CASH, waiting to get back in the market.
 

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"eleutheromaniac"
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I have a question.......what is "CASH".......??? I hear companies say, "We are sitting on 31 billion cash, just waiting for a purchase opportunity.

Actually I know the several places it is.......but there is this assumption that it is "Risk Free" being parked in cash, that someone else is in theory watching and keeping it safe.

So my real question is why do people think Cash is safe......???
 

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I have a question.......what is "CASH".......??? I hear companies say, "We are sitting on 31 billion cash, just waiting for a purchase opportunity.

Actually I know the several places it is.......but there is this assumption that it is "Risk Free" being parked in cash, that someone else is in theory watching and keeping it safe.

So my real question is why do people think Cash is safe......???
I also got out the market and am waiting for more to drop before buying "on sale"

I have far more in "not really cash cash" than "real cash" like bunker.

This is NOT TEOTWAWKI, and I feel very comfortable with my money in tax deferred "cash" holding accounts waiting to go back in.

I also thought about pulling more "real" cash out of my checking accounts... But then reconsidered.

IF I do any "spending" any time soon it will be with "electronic cash"
Debit card etc where I order stuff and have it sent to a buddies house (I've worked out a plan I don't believe I'll need to do which will involve pulling up with a trailer aNd having him tarp it.... So I can leave it for a couple weeks. If I do this it'll be in June or july)


Where would I be in close enough contact to hand someone FRN'S?


If it gets so bad (it won't) that the money in my bank accounts is worthless.... So will the FRN'S.

I make no predictions as to the bottom, that's entirely dependant upon emotions.
 

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I suspect the bottom should settle in around 17k sometime within the next month or two. There are several things in play here. The drop in economic activity caused by the Kung Flu...

...but there's also a bigger picture: the elimination of China as a source of production and slave labor moving forward. That unfortunate reality has been a massive supporter of stock prices over the last several decades.

...and the powers that be desperately want to have Trump go into his re-election with a market that's lower than when he took office (19k).
 

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Does Krushevs Speech or the DNC Socialist battle cry of by any means necessary ring a bell? Now that is not the sole thing in play at this time the Russian /SA squabble is also a factor , and for those who are historically challenged Putin is using the same play book Reagan used on the former Soviet Union which then had a bloated and corrupt bureaucracy and ours was still fairly streamlined at the time. Now ours is Bloated and corrupt from the treason committed by the establishment bootlickers led by 41-44. JMHO and S/FI!
 

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The markets are 100% based on a perpetually growing consumer-driven consumption-based world....

Absent the consumer and consumption... growth is no longer perpetual....


As the song goes....

"What goes up must come down
Spinnin' wheel got to go 'round
Talkin' 'bout your troubles it's a cryin' sin
Ride a painted pony let the spinnin' wheel spin"



This stock market wheel doesn't stop spinning until we get a vaccine... That's at least a year away...


I'm thinking the wheel stops around 10,000 to 15,000
 

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10K. Happy about it. I'm in it for the long haul and have enough time to get everything "on clearance". I do feel bad for my parents, but they're 100% debt free and have plenty to spare with a place to bug out to with free gas and plenty of goods. I'll be investing as usual and not looking at changing anything. Another thing about this virus... which is pretty awful in a way, but sure to please some less savory people... social security and pensions will probably be sustained for much longer if older people start dying en-masse. Most people under 60 survive. I hate to even say that since life is so much more valuable, but I'm also wondering if this is part of some mastermind plan. Hopefully not, but, it gives you something to think about. If you don't have a trust, get it in place ASAP.
 

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"TURGID FLUX"
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I have a question.......what is "CASH".......??? I hear companies say, "We are sitting on 31 billion cash, just waiting for a purchase opportunity.

Actually I know the several places it is.......but there is this assumption that it is "Risk Free" being parked in cash, that someone else is in theory watching and keeping it safe.

So my real question is why do people think Cash is safe......???
So..... Please send me all your nasty , dirty virus encrusted, risky cash. I will send you random shiny stuff in return.
 

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"TURGID FLUX"
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The markets are 100% based on a perpetually growing consumer-driven consumption-based world....

Absent the consumer and consumption... growth is no longer perpetual....


As the song goes....

"What goes up must come down
Spinnin' wheel got to go 'round
Talkin' 'bout your troubles it's a cryin' sin
Ride a painted pony let the spinnin' wheel spin"



This stock market wheel doesn't stop spinning until we get a vaccine... That's at least a year away...


I'm thinking the wheel stops around 10,000 to 15,000
This like many of the dozen other crisis's in the past 20 years will be forgotten in 6 months. Nobody is reacting as the news portrays. Most in my town, going to work, out to eat, shopping, the usual traffic jams.
 

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This like many of the dozen other crisis's in the past 20 years will be forgotten in 6 months. Nobody is reacting as the news portrays. Most in my town, going to work, out to eat, shopping, the usual traffic jams.

Don't know what market yer watching... but the stock market hasn't been reacting to news in over a decade....


It has been reacting to liquidity... and for the last 10 years it's been addicted to central bank liquidity.... and the central banks have been been "pushing that string" awful hard lately... and are now gonna have to push it waaaaay harder...
 

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Don't know what market yer watching... but the stock market hasn't been reacting to news in over a decade....


It has been reacting to liquidity... and for the last 10 years it's been addicted to central bank liquidity.... and the central banks have been been "pushing that string" awful hard lately... and are now gonna have to push it waaaaay harder...
False. Sentiment has been a market indicator for a long time.

Sent from my Note 8 using Tapatalk
 

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