Anybody Buying Yet? Where’s the Bottom?

I'm not smart enough to try to time the market. If I were a gambling man I would bet that we see a nice bounce back in the morning but instead I'll just continue to hold what I have.
 
NDGuy said:
🐸☕️

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Every day it's "you really can't make this ShEEt up!

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npaden said:
I'm not smart enough to try to time the market. If I were a gambling man I would bet that we see a nice bounce back in the morning but instead I'll just continue to hold what I have.
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I'm not sure about tomorrow but for me, if I was a gambling man I would bet that the market is just heading into a mini recession just like exactly in 2022.

Due to the extreme growth we have seen in the market since covid, it doesn't take much of an event to get everyone worried and set the market for a crash. This same thing happened in 2022 and after a few months it rebounded right back into a continued massive growth trend.

I strongly feel that the current events setting the course for this crash is not a long term crash as back in 2008. My justification being what was mentioned above as well as the fact that both back in 2022 and now, the international markets were not reacting and following the US markets.

Hang in there HT'ers and be ready to bet the house and buy like crazy in about 1 to 2 months right as the market gets ready for a big rebound

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SAJ-99 said:
On both sides, the average American needs to be more vocal during primaries so they don't get the craziest candidates. Problem is it's hard enough just to get people to vote every four years.
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It’s even harder when all the big campaign money and Super PACs are at the extreme ends. I’ll continue to argue that Citizens United was the worst SCOTUS decision ever as it relates to the health of our democracy.
 
BigHornRam said:
This thing is still up 120% over the last 6 months. Wall Street is more of casino lately than an investment vehicle, IMO.

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They’ve got the inside track on DOGE. One co-founder is former Musk business partner at PayPal. Several employees “on loan” to DOGE (yeah, those 20-something yr old hotshots). That tech is likely being using for a lot of the analysis they are doing at DOGE. And they have a history of finding ways to bypass procurement rules and get 8-9 figure no-bid contracts. I definitely would not be shorting that stock right now.
 
Wildabeest said:
It’s even harder when all the big campaign money and Super PACs are at the extreme ends. I’ll continue to argue that Citizens United was the worst SCOTUS decision ever as it relates to the health of our democracy.
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What about that part where if the Prez does it as an official (not personal) act, it is automatically legal? Citizens United be like
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Wildabeest said:
They’ve got the inside track on DOGE. One co-founder is former Musk business partner at PayPal. Several employees “on loan” to DOGE (yeah, those 20-something yr old hotshots). That tech is likely being using for a lot of the analysis they are doing at DOGE. And they have a history of finding ways to bypass procurement rules and get 8-9 figure no-bid contracts. I definitely would not be shorting that stock right now.
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With a P/E of 405, their revenue's are seriously lacking. Add to it that Karp donated to Kamala, and this company sounds like a dumpster fire. Sell recommendation by me.
 
SAJ-99 said:
On both sides, the average American needs to be more vocal during primaries so they don't get the craziest candidates. Problem is it's hard enough just to get people to vote every four years.
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They need to make primaries happen on one single Election Day. The way it’s currently set up makes no sense at all. I live in NJ and primaries are meaningless here because candidates have already been called way before we even get a chance to vote. And it’s not just NJ, this applies to many other states too.
 
The stock market definitely makes the wealthy wealthier. And it definitely makes the wealthy poorer. But I’m not sure it makes the average Joe more wealthy or more poor. Has the average, below middle class American really felt the pain of this yet? Or are they still focusing on grocery store and gas prices?
 
TakeABreakAndTouchGrass said:
The stock market definitely makes the wealthy wealthier. And it definitely makes the wealthy poorer. But I’m not sure it makes the average Joe more wealthy or more poor. Has the average, below middle class American really felt the pain of this yet? Or are they still focusing on grocery store and gas prices?
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I’m guessing probably not. About half of US households own no stock, so they’re feeling none of it yet. They will though when prices of every day goods go sharply higher due to this tariff nonsense and unemployment starts going through the roof. That’s when we will probably start to see revolts and actual blood in the streets. Sounds crazy, but I’m starting to think that is where we are heading.
 
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