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subslover

07/15/20 7:55 PM

#1372 RE: The Rainbow #1371

Dude I have been trading stocks for 35 years and although the entire stock market is highly manipulated by so may crooked peps and a needle in the haystack ever get caught.
This market we are seeing now is so manipulated it's like a pipe dream.
You mark my words the markets are gonna implode after the summer. We must be in stocks that are in favor of a severe economic crisis. PURE will be one that will go up in a down market. The world is contaminated and PURE disinfectant is highly regarded, maybe not like Clorox but getting there.
I think the 3 of us on this thread made excellent trades today. I really do and not gonna be surprised to see us in the $1.50 to $1.60
range tomorrow. Our buys are gonna pay us royalty :)

crony

07/22/20 5:54 PM

#1390 RE: The Rainbow #1371

Market is fundamentally broken.
I am following several very knowledgeable people on Twitter (some of them are guests at CNBC and such) and many of them predicted in April the market would be going up up and up because of all the trillions the FED is printing.
That doesn't make any logical sense when companies earn much less, but this is how market works: stock direction is the only thing that matters. And the talking heads will justify any stock price. Like saying people should focus on how TSLA is going to earn in 2030. Any price can be justified when it is based on a fantasy.

At some point the stock market will crash. We just don't know when that happens. Maybe this year, maybe next year.

I would rather prefer a market that is going nowhere so people start putting money into smaller companies. Market crash will pull all the stocks down. Right now, all the money go to Nifty 5. People are really panicking they are going to miss the mother of all rallies.