/biz/ - Business & Finance

>>54064819
SPY ~500 this summer. Will go to 1000 before it crashes to ~400

>own my own home (50% paid off
Which is it

You bought the top btw

>>54064819
the whale didnt say this

>>54064819
>own my home
>50% paid off
lol lmao

>>54065821
Damn, big if true. But I doubt it, and I'm rather bearish.

>>54065866
I made these meme lines ~May 2022. It has predicted the bottom for Oct 2022, Dec 2022, and now Feb 2023. This will be my final confirmation before I go all in.

>picrel my DXY analysis in July 20, 2021. I've been mostly correct so far.

>>54065821
What 'indicator' did you use to draw those curves?

>>54066025
>picrel
I gave up on all the indicators and just started going full schizo.

>>54064819
i drove by wells fargo and there was NO line at the ATM to get my precious money i dont think people care

>>54066025
Here's one with schiff but its all just drawing lines and channeling Tim Allen and George Floyd. Indicators are all just moving averages or simple math theory bullshit, muh fibs.

>>54065971
Do you think the event of the “bottom” was completed now or do you think we will still see further down?

>>54064819
In an actual crisis that ‘locked in’ 3% mortgage can be raised to whatever is required for the bank to survive

>>54066383
Ask yourself, is retail still involved? If the answer is yes then we haven’t seen fear or the bottom

>>54066423

The bank borrowed at 0% and lent at 3%

Now they are borrowing at 5% and lending at 8%

The Jewman marches on

>>54066383
Ya the SPY has hit the bottom, but waiting to confirm this week when it pulls back from ~385. It could wick down 5% to 364 by end of week it will be climbing back out to ~405

>>54066460
Retail is always involved. So much of the internet has come on line since the early 2010s that crypto and stocks have become manipulated off retail inverse traditional sentiment by bulls and institutions. Retail market prevalence and visibility has existed for years at this point, a heavy reliance on it gets you raped by bears. If anything, above average/accredited traders, telegram/niche twitter/Reddit are more of a retail “norm or” check than retail itself. I’d prefer a response from the anon I replied too, not you.

>>54066609
Thank you.

>>54066627
Raped by whales*

>>54066666
Checked and keked

Don't even know what the thread is about just checking your get

>>54066627
>above average/accredited traders
I fall into this category just because I make a quarter mil a year. When I hear the word accredited it makes me think of credits, credentials, college, licensing. When in reality it just means do you make top 10% money? The language they use in finance is so manipulative. /rant

Also sorry for being so harsh to that poster. I just need ta not reasoning right now.

>>54066666
its the mark of the beast Bobby.

>>54066739
Ok I understand. I just feel like the mechanisms of the markets has slowly shifted as demographics have significantly changed over the last fifteen years. In 2012 it was a very different type of user and trader. Retail didn’t really understand it and sometimes crypto videos were made by absolute aspies. I think as the market continues I wont be able to rely on humans sentiment anymore, I think bots will obfuscate too much at some point, completely neutered genuine market sentiment.

>>54064819
what do you expect when the entire financial system is propped up by nothing more than people's confidence in said system.

>>54066787
>I wont be able to rely on humans sentiment anymore
You could be right. Wealth is concentrated and bots will use that in concentration. I don't see bot trading as common place yet in the retail market. Unless they are given access to AI to create their own, or end up having a surrogate of some sort. Like how index's and mutual funds retailers buy and the trading is done by Blackrock Aladdin bot algo. The human sentiment tho could be skewed as people become more educated, aware, and comfortable with crypto. Bitcoin was seen as the thing to use to buy and sell illegal shit because it was just so unknown. Security through obscurity. Crypto will be less obscure and less contingent on the whims of retail as larger orgs continue to step in (bots) So ya you are probably correct. It all depends, human sentiment could lead a bank run and fuck shit up. Human opinion still carries a lot of weight its more about who is controlling it.

>>54064819
>own my home
>still paying a mortgage
are you retarded?

>>54065971
what an absolutely retarded analysis. BTC to 500K lmao

>>54064819
So what are your plans for tomorrow anon?

https://strawpoll.com/polls/kogjkJvwqZ6

>>54064819
>Retail didn’t really understand it and sometimes crypto videos were made by absolute aspies.
yes now the sphere is overpopulated with meathead bro retards and zoomie faggots. definitely a signal to get out. put my money elsewhere and its doing good enough for me, the peace of mind of not having the market manipulated by broccoli heads playing candy crush crypto apps on tiktok is worth it.

>>54067174
>ignores how I was correct on AI and DXY
you are going in my screencap

>>54064819
>>Everyone thinks the economy is going to crash with no survivors
A few tweets and threads made by bots is not everyone
>>Everyone with room temperature IQ (most of America) is unironically going to cause a bank run
Most of them took multiple jabs because the tv told them to. If the tv don't tell them to panic, they won't panic
>>When the US sneezes EU catches a cold
And if the EU didn't shit the US wouldn't have anything to eat
>>Mfw the self fulfilling prophecy of collapse happens and I have a state job, good savings, strong short positions in major indexes since early February, and own my own home (50% paid off and at 3% interest)
You don't own anything

Cope harder