/biz/ - Business & Finance

>>16757239
I mean that's fine but you should come up with some better allocation than 100% cash
I mean, I don't want to hate on it, cash is fine, and if you really can't find anything better to buy across all the possible asset classes, then... OK
but you should try to find something. look at all the anons in the thread buying gold and miners! that's a real investment that will beat cash... there are plenty of stable stocks that can do OK and hold a dividend during a little turbulence...
I'm not going to make big predictions about the economy or whatever. But no matter what happens, you should be able to find a better way to deal with all open probabilities

>>16517948
I just assume it's sort of a wealth effect thing, people feeling good about having money and their investments going well means they get more bullish. And if they lose money they're more likely to pull money out. FOMO and FUD.

I think that's basically what will happen today. which is why it bums me out that I'm going to be dumping everything at the open. It'll be like a repeat of monday/tuesday, a fabulous buying opportunity.

>>16517967
GEX made that wild spike up and gap down, and that worries me. It looks like that's usually a bad sign.

>>16517961
I assumed short squeeze? I haven't checked the data though, there's legal bullshit going on so I took my losses and crashed out like an asshole. I'm not good enough for that, I'm sure the big time investors send people to sit in on court hearings and confer with the lawyers and whatever the fuck else, this is out of my league.