InvestorsHub Logo
Followers 93
Posts 3709
Boards Moderated 1
Alias Born 09/10/2005

Re: nwsun post# 13351

Wednesday, 08/09/2017 11:27:05 PM

Wednesday, August 09, 2017 11:27:05 PM

Post# of 32470
well it doesnt have to drop huge

but even a 6% correction from here in the stock market will seem very substantial

as far as why, well there are many reasons, yes earnings have been superb but earnings season is over and now the market will just ask "what now?"

north korea is a potential short term war risk. who knows if anything happens with that, i certainly do not wish for it, but if even the slightest provocation occurs it can lead to a huge spike in volatility and then what happens is people decide to sell *everything* that has been a risk asset or that they have huge profits in

it goes without saying that people have HUGE HUGE profits on bitcoin to almost absurd levels

if the chit hits the fan then there might be extended selling

as far as GAHC it might buck the trend and just flat line a bit more

or if there is news it might break out north... hard to say

either way until early October I see things getting sort of dicey
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GAHC News