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The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.

 
Anonymous Coward
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08/04/2021 01:17 AM
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The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
Since it's locked out to AC's, perhaps we open another thread for all. Inclusion.

Dow just broke out of a 15 monthly uptrend. Roll over in progress - much like bitcoin. What are you doing about it?

Called the March roll over of bitcoin, no one else did. I have the charts to prove it - and you've all seen my charts. If you visited a bitcoin topic and seen a chart, it was mine. More down to come.

Since Mr. Cheese has locked out people interested in participating in this thread, perhaps we should continue a duplicate thread that doesn't remove or eliminate interested minds, interested in helping others.

Not all AC's are the scum of the earth.
Anonymous Coward
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08/04/2021 01:26 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
I have been following that thread.
Thank you for doing this.

I cashed out. All out of the markets and will be out til the recovery.

Mr Cheese talks about the 2nd lockdown. We may not get a full lockdown in the US, but China has started. That will play havok on supply and delivery. We won't need a lockdown because our economy will seize up with as China locks up imho.

I think DJ at 20k is my new mantra for rejoining.
Avenger1

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08/04/2021 01:29 AM

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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
Do you mind if I follow your thread?
"Who looks outside, dreams; who looks inside, awakes"

"When the student is ready, the teacher will appear"
Anonymous Coward (OP)
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08/04/2021 01:33 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
Do you mind if I follow your thread?
 Quoting: Avenger1


I believe everyone should have equal say. Please do.

People that have an account fear karma one way or another. AC's, don't always have to be shills, but they can speak the truth without fear of retribution one way or another. Losing their voice, even if only some are worth a darn, is a tragedy. It was a sole AC, that stated BC was rolling over. No one else, no other forum name, and yes I've rubbed your noses in my charts. I'd be happy to do it again if you need the proof.

Beyond this. Let's focus on what comes next. These markets are rolling over. Protection is the name of the game.
Anonymous Coward
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08/04/2021 01:36 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
The FED will PRINT PRINT PRINT to keep the PONZI going ... the collapse wont be in nominal numbers - the collapse will be in purchasing power.
Anonymous Coward
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08/04/2021 01:38 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
Who is Mr. Cheese?
Anonymous Coward (OP)
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08/04/2021 01:39 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
Here was my Bitcoin chart in March, updated until about July. EVERYONE has seen this if you read a bitcoin chart.

Note the call in March, and how it materialized. Who sees this shit unless they know the markets? Most people are like weeds in the wind. They blow where ever, because they have zero clue.

[imgur] [link to imgur.com (secure)]
Anonymous Coward
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08/04/2021 01:40 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
doomalert5
Avenger1

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08/04/2021 01:40 AM

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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
Do you mind if I follow your thread?
 Quoting: Avenger1


I believe everyone should have equal say. Please do.

People that have an account fear karma one way or another. AC's, don't always have to be shills, but they can speak the truth without fear of retribution one way or another. Losing their voice, even if only some are worth a darn, is a tragedy. It was a sole AC, that stated BC was rolling over. No one else, no other forum name, and yes I've rubbed your noses in my charts. I'd be happy to do it again if you need the proof.

Beyond this. Let's focus on what comes next. These markets are rolling over. Protection is the name of the game.
 Quoting: Anonymous Coward 80692390


I totally understand what you're saying about AC's. It's just that a few nasty ones ruin it for everyone under an AC account.

I'd love to see your charts. You can never have too much information. I'm completely on the sidelines now and will just wait until or if there is a re-entry point in the next year or so. I think they are going to pull the plug very soon.
"Who looks outside, dreams; who looks inside, awakes"

"When the student is ready, the teacher will appear"
Anonymous Coward (OP)
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08/04/2021 01:42 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
Does this look sustainable to you? Can you guess the point where it's likely to break down?

[imgur] [link to imgur.com (secure)]
Avenger1

User ID: 79174553
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08/04/2021 01:43 AM

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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
Does this look sustainable to you? Can you guess the point where it's likely to break down?

https://imgur.com/a/PWSr4jV

 Quoting: Anonymous Coward 80692390


Wow.
"Who looks outside, dreams; who looks inside, awakes"

"When the student is ready, the teacher will appear"
Anonymous Coward (OP)
User ID: 80692390
Italy
08/04/2021 01:46 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
Who is Mr. Cheese?
 Quoting: Anonymous Coward 79508218


Mr Cheese is credited to creating this original thread, in which he locked out AC's from replying. I've always stated, it's dangerous to do this, because you don't know what you don't know. I was the only person, an AC at that, to call the bitcoin rollover in March. No one of name or distinguish could. Or did. If you watched a bitcoin thread, you've seen my chart, case below. It proved it right with 100% accuracy as correct.

Not all AC's are bad, just many are shills. Some of use can do things without fear of retaliation, to speak our minds and truths, when most people are afraid. Honest, unbias, and truthful.

Mr. Cheese created a thread we could not participate in. And wanted to. So, I've recreated that thread as duplicate for all. Inclusion. All are invited to share their opinion and experiences. Help others. Don't lock them out.
StayCurious

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08/04/2021 01:52 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
I have no doubt the fake stock market will crash. But what about crypto like Bitcoin and Ether? Are those going to rally to 100K like some say they will? I have my doubts they will if everything else is collapsing.
Anonymous Coward
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08/04/2021 01:54 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
The FED will PRINT PRINT PRINT to keep the PONZI going ... the collapse wont be in nominal numbers - the collapse will be in purchasing power.
 Quoting: Anonymous Coward 80634465


When the going gets tuff ... the tuff get PRINTING .....

[imgur] [link to imgur.com (secure)]
Anonymous Coward (OP)
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08/04/2021 01:56 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
I have no doubt the fake stock market will crash. But what about crypto like Bitcoin and Ether? Are those going to rally to 100K like some say they will? I have my doubts they will if everything else is collapsing.
 Quoting: StayCurious


The crypto charts show further down to go. What we've experienced was a dead cat bounce. There's still a gap to the downside, and the RSI leaving 70, has yet to move anywhere close to the opposite side. We are in the decline, yet everyone can't yet appreciate it's decent. My ballpark was always 8k to about 12k, give or take in price.
StayCurious

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08/04/2021 01:58 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
I have no doubt the fake stock market will crash. But what about crypto like Bitcoin and Ether? Are those going to rally to 100K like some say they will? I have my doubts they will if everything else is collapsing.
 Quoting: StayCurious


The crypto charts show further down to go. What we've experienced was a dead cat bounce. There's still a gap to the downside, and the RSI leaving 70, has yet to move anywhere close to the opposite side. We are in the decline, yet everyone can't yet appreciate it's decent. My ballpark was always 8k to about 12k, give or take in price.
 Quoting: Anonymous Coward 80692390


Thanks, OP!
Anonymous Coward
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08/04/2021 01:58 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
OP, so I assume you expect Bitcoin to drop further? What is your target? ~20K seems like a good low to me, possibly overshooting (backtest of previous high). Thoughts?
Anonymous Coward
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08/04/2021 02:00 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
they will halt trading when it starts crashing when ever that will be.
Anonymous Coward
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08/04/2021 02:00 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
Does this look sustainable to you? Can you guess the point where it's likely to break down?

[imgur] [link to imgur.com (secure)]
 Quoting: Anonymous Coward 80692390


It looks entirely exhausted and ready to drop any time now. What do you think?
Anonymous Coward
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08/04/2021 02:04 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
The FED will PRINT PRINT PRINT to keep the PONZI going ... the collapse wont be in nominal numbers - the collapse will be in purchasing power.
 Quoting: Anonymous Coward 80634465


Covid changes the game - and gives the Money Pritners the excuse to go mini-Weimar to prevent their PONZI scheme from collapsing - and to hyper-inflate their unsustainable debt away ... do you think Blackrock & Vanguard would be over-paying for real estate right now if we were on the precipice of a nominal housing collapse ... they are the ultimate insiders of inside-info .....

[imgur] [link to imgur.com (secure)]
Anonymous Coward (OP)
User ID: 80692390
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08/04/2021 02:05 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
OP, so I assume you expect Bitcoin to drop further? What is your target? ~20K seems like a good low to me, possibly overshooting (backtest of previous high). Thoughts?
 Quoting: Anonymous Coward 74589872


2018 was a massive wake up call for many. As most said at that time it was going to 60k and 100k, I was saying it was going back to 3k. I missed the mark by hundreds. I suspect this will be the same. Only, the 2018 decent was fast, this one will not be as quick.

When the bottom arrives, where I mentioned about 8k to 12k or so, that's likely where everyone will have thrown in the towel. I'd say expect it to fall to about half that. That's when there's blood in the streets. That was my theory in 2018, when that proved correct. But in the end, if you bought even below that halving in price, you still did well.
Anonymous Coward (OP)
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08/04/2021 02:12 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
Does this look sustainable to you? Can you guess the point where it's likely to break down?

[imgur] [link to imgur.com (secure)]
 Quoting: Anonymous Coward 80692390


It looks entirely exhausted and ready to drop any time now. What do you think?
 Quoting: Anonymous Coward 74589872


This is a good thread. Much of what I've tried to convey over many topics have gone void. Allow me to give you some lessons.

In March 2020, we fell to the downside, creating gap, over gap, over gap, to the tune of about a half dozen gaps. It was the sole reason I knew we would recover, and do well in the future. Most ALL gaps in the markets are filled, especially a series of them.

Looking forward, those same gaps to the upside, now have downside gaps. A half dozen of them. These gaps will need to be filled. ALL the way back to the March 2020 low of 18/19k.

Only this time, look at any DOW chart spanning 30 years. Look at the last 20. High, low, higher high, lower low. Yet another Higher high, and another lower low. We currently are at another HIGHER HIGH. The pattern is a NEW LOWER LOW. That's called market uncertainty, when highs and lows don't coordinate.

Now...

Look at 2001, 2008, and 2020.

Sesame street: Which one is not like the others? In 2001 and 2008, there was a slow and steady decent that resulted in a crash. In 2020 (March), it was gapped. What does this tell us? Watch today's roll over. So far, it's a slow and steady roll over.

The roll overs are the legit crashes. The gaps, are the tells.
Anonymous Coward
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08/04/2021 02:15 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
The FED will PRINT PRINT PRINT to keep the PONZI going ... the collapse wont be in nominal numbers - the collapse will be in purchasing power.
 Quoting: Anonymous Coward 80634465


When the going gets tuff ... the tuff get PRINTING .....

[imgur] [link to imgur.com (secure)]
 Quoting: Anonymous Coward 80634465


epiclol
Anonymous Coward
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08/04/2021 02:28 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
Does this look sustainable to you? Can you guess the point where it's likely to break down?

[imgur] [link to imgur.com (secure)]
 Quoting: Anonymous Coward 80692390


It looks entirely exhausted and ready to drop any time now. What do you think?
 Quoting: Anonymous Coward 74589872


This is a good thread. Much of what I've tried to convey over many topics have gone void. Allow me to give you some lessons.

In March 2020, we fell to the downside, creating gap, over gap, over gap, to the tune of about a half dozen gaps. It was the sole reason I knew we would recover, and do well in the future. Most ALL gaps in the markets are filled, especially a series of them.

Looking forward, those same gaps to the upside, now have downside gaps. A half dozen of them. These gaps will need to be filled. ALL the way back to the March 2020 low of 18/19k.

Only this time, look at any DOW chart spanning 30 years. Look at the last 20. High, low, higher high, lower low. Yet another Higher high, and another lower low. We currently are at another HIGHER HIGH. The pattern is a NEW LOWER LOW. That's called market uncertainty, when highs and lows don't coordinate.

Now...

Look at 2001, 2008, and 2020.

Sesame street: Which one is not like the others? In 2001 and 2008, there was a slow and steady decent that resulted in a crash. In 2020 (March), it was gapped. What does this tell us? Watch today's roll over. So far, it's a slow and steady roll over.

The roll overs are the legit crashes. The gaps, are the tells.
 Quoting: Anonymous Coward 80692390


I can already tell this thread is great. I am into technicals a lot, so what you said sounds reasonable to me.

I mainly follow gold though, what are your thoughts on that? It looks as though we might be getting ready to go back higher in the coming months?
StayCurious

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08/04/2021 02:33 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
Alright, please tell an idiot like me, when to expect the stock crash. Thank you.
Avenger1

User ID: 79174553
United States
08/04/2021 05:17 PM

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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
ADP private jobs payroll number today: 330,000
Expected number: 653,000
"Abysmal miss"



"Citigroup warns of a September Sell-off"

S&P Basic Materials Number is cratering indicating economic slowdown.
Mannarino believes, however, the Fed will continue to buy the debt to keep the market up and at record highs.


"Who looks outside, dreams; who looks inside, awakes"

"When the student is ready, the teacher will appear"
Anonymous Coward
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08/04/2021 05:20 PM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
This is a big deal, and there’s lots of theories on it.

I am privy to some reports, they say August September is when it starts to downpour rain.

Of course you have Internet wieners and people that say buy the dip. I think that’s going to hurt people this time that buy the dip.Everyone’s getting in at the same time, all the big funds have gotten out already.
Anonymous Coward
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08/04/2021 05:37 PM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
Since it's locked out to AC's, perhaps we open another thread for all. Inclusion.

Dow just broke out of a 15 monthly uptrend. Roll over in progress - much like bitcoin. What are you doing about it?

Called the March roll over of bitcoin, no one else did. I have the charts to prove it - and you've all seen my charts. If you visited a bitcoin topic and seen a chart, it was mine. More down to come.

Since Mr. Cheese has locked out people interested in participating in this thread, perhaps we should continue a duplicate thread that doesn't remove or eliminate interested minds, interested in helping others.

Not all AC's are the scum of the earth.
 Quoting: Anonymous Coward 80692390


Time to sell bitcoin? Entire position?
nemo_solus

User ID: 78457066
Norway
08/05/2021 12:13 AM

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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
Does this look sustainable to you? Can you guess the point where it's likely to break down?

https://imgur.com/a/PWSr4jV

 Quoting: Anonymous Coward 80692390


It looks entirely exhausted and ready to drop any time now. What do you think?
 Quoting: Anonymous Coward 74589872


This is a good thread. Much of what I've tried to convey over many topics have gone void. Allow me to give you some lessons.

In March 2020, we fell to the downside, creating gap, over gap, over gap, to the tune of about a half dozen gaps. It was the sole reason I knew we would recover, and do well in the future. Most ALL gaps in the markets are filled, especially a series of them.

Looking forward, those same gaps to the upside, now have downside gaps. A half dozen of them. These gaps will need to be filled. ALL the way back to the March 2020 low of 18/19k.

Only this time, look at any DOW chart spanning 30 years. Look at the last 20. High, low, higher high, lower low. Yet another Higher high, and another lower low. We currently are at another HIGHER HIGH. The pattern is a NEW LOWER LOW. That's called market uncertainty, when highs and lows don't coordinate.

Now...

Look at 2001, 2008, and 2020.

Sesame street: Which one is not like the others? In 2001 and 2008, there was a slow and steady decent that resulted in a crash. In 2020 (March), it was gapped. What does this tell us? Watch today's roll over. So far, it's a slow and steady roll over.

The roll overs are the legit crashes. The gaps, are the tells.
 Quoting: Anonymous Coward 80692390


Thanks for creating this parallel AC thread OP!

That's a very interesting observation and a great explanation too.

We were having a bit of discussion in the other thread on the timing of this future market crash - any thoughts on when and for how long?

Myself, I was leaning more towards sooner rather than later, the September - October period, mostly due to historical precedence and that the peak looks to be in and starting to roll over.

https://imgur.com/a/UiNVAa1


https://imgur.com/a/guRI78l




Thanks again!

Last Edited by nemo_solus on 08/05/2021 12:13 AM
Anonymous Coward
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08/05/2021 12:20 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.
The FED will PRINT PRINT PRINT to keep the PONZI going ... the collapse wont be in nominal numbers - the collapse will be in purchasing power.
 Quoting: Anonymous Coward 80634465


This and it’s already happening. Check out the prices on your assets, even the depreciating ones like your vehicle. I’ll bet you it’s selling for more now than a year ago.

Bought a brand new car July 2020. I’ve put 11k miles on it and It books for $6k more than I bought it for. The dealer that I purchased it from has been, literally, begging me to sell it to them and “buy a new car.” Except, they don’t have any new cars. Quite the conundrum.
Anonymous Coward
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08/05/2021 12:26 AM
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Re: The great depression approaches. Stock market doom. Covid cover up. Its all bullshit. For ACs and everyone else.

Does this look sustainable to you? Can you guess the point where it's likely to break down?

[imgur] [link to imgur.com (secure)]
 Quoting: Anonymous Coward 80692390


It looks entirely exhausted and ready to drop any time now. What do you think?
 Quoting: Anonymous Coward 74589872



I mainly follow gold though, what are your thoughts on that? It looks as though we might be getting ready to go back higher in the coming months?
 Quoting: Anonymous Coward 80692390


I've come to learn not to chart metals. Perhaps tickers that track and participate in the mining business, but not the metals themselves. I've been in that game so long, that suppression is the only game - until it's not. That suppression game may end in 100 or even 1000 years, who knows, but it will outlast you and I. They fully control it and here's why.

First, that's not to say not to own metals, in fact you should continue to accumulate. Tangible assets such as gold, IS money, not fiat. Gold is the benchmark used to value currencies around the world. It's the reason it hardly moves. It has to be the most stable of everything of value, else everything else goes belly up - because they are based upon it. Here's an example.

You send your suit to the dry cleaners. They give you a receipt (fiat). The cleaners burn down. The value wasn't in the paper receipt, it was in the suit (a tangible item). That's what gold is.

Own metals, and have a plan to accumulate them regularly, as they will only increase in value with time.. But don't put your entire worth into them. If you do, you will learn through the school of hard knocks that is slow, slow, slow.

Now, numismatics are a different breed of animal. It is entirely the opposite of what I mentioned. The best time to buy a numismatic coin, especially a valuable one, is the time you see it. If you want to earn a masters in education, look up Patrick Timpone, and the Real world of Money. The late Andrew Gausse was the the pinnacle of education and knowledge in this field that I've found, spanning nearly 20 years in research. I've been glad to interact with him, and learn from him spanning over a decade before he passed.





GLP