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Thread: Stocks

  1. #661
    Quote Originally Posted by accadacca View Post
    Every article I’ve read (including the link you shared) says 74% chance by 2021. I’m not very good at math, but I think that’s out of 100.

    This is the problem with Liberals, they don't think for themselves and reason things out to a logical endgame. Liberals live in an echo chamber and just repeat what they heard.

    I'm telling you again their math doesn't add up because you can only count a person once. If you can't math I can understand why you are confused.

    The big news that the mainstream news should be reporting is that 4% few economists think we are heading to a 2021 recession, and that the
    economists that do believe we are heading into a recession have moved their prediction back one year.... that's the big news...

    Anyhoo.... it doesn't matter. If we don't have a recession in the next 15 month's Trump is a lock for a second term.

    YMMV

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  3. #662
    I'll just put this here. We need to stop talking ourselves into a recession. Like it or not, you're responsible for your economic welfare. Not the president or congress.

  4. Likes oldno7 liked this post
  5. #663
    Strong words from a reputable source -- Bank of America CEO calls BS on looming recession:


    https://www.marketwatch.com/story/ba...ing-2019-08-21


    ‘But what’s going to make that happen is the underling U.S. consumer. And the underlying consumer is doing well and making more money, they're employed; and more importantly, they are spending more money.’

    Brian Moynihan, Bank of America CEO
    Last edited by rockgremlin; 08-21-2019 at 02:39 PM.
    It's only "science" if it supports the narrative.

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  7. #664
    The US stock market is unbelievably resilient....

    Do you realize how many forces and factions are trying to kill this market, including the Democrat party and the red Chinese, not to mention the Federal Reserve? So many powerful forces want to kill the US stock market to make Trump look bad and take away a major campaign issue.... but this market is so damned strong.... NOTHING can kill it... It's like trying to put out a tire fire that has been soaked in gasoline.... Right now, we're almost up to the point just before the big drop when many (including Accadacca) thought the world was ending.... We're ALMOST back up to record historic highs...... Unbelievable....



    Climb-Utah.com

  8. #665
    I've been following cannabis stocks for a little while. For the last four months cannabis stocks have been on an unexplained downturn. This week is showing signals that an upturn is imminent. Right now is a great time to buy in. I believe we'll see a strong rally in the cannabis market heading into the holidays.

    We'll see...
    It's only "science" if it supports the narrative.

  9. #666
    Pothead. :)

  10. #667
    Maybe I'm just being overly concerned but I stay away from anything to do with marijuana for the simple reason it's still against the federal law.... Now the reason for my concern is I believe the left will eventually use the federal law and red flag laws to try and confiscate the firearms of anyone that has anything to do with marijuana. They could basically restrict a large portion of the population from owning firearms by simply enforcing federal laws currently on the books.

    Question #5 on the 4473 form you must fill out to buy a firearm basically says if you have anything to do with marijuana you are prohibited from purchasing a firearm.

    If you want to discuss this further I'll be the guy wearing the tinfoil hat.

    Climb-Utah.com

  11. #668
    Keep in mind MJ is fully legal in Canada, and anytime marijuana comes up in political discussions it is widely accepted that the US will eventually follow suit.

    It is merely a question of when not if.
    It's only "science" if it supports the narrative.

  12. #669
    I don't doubt the US will follow suit, unless the liberal left decides a better use for marijuana is to keep it illegal and use it to take away your guns.

    Distribution of marijuana also makes it illegal for you to own firearms, and you could make a case that owning stock is part of the distribution chain.

    I prefer not to take that risk when there are plenty of other great investments with no grey areas.

    Climb-Utah.com

  13. #670
    Bogley BigShot oldno7's Avatar
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    Quote Originally Posted by uintafly View Post
    Pothead. :)
    +1
    I'm not Spartacus


    It'll come back.


    Professional Mangler of Grammar

    Guns don't kill people--Static Ropes Do!!

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  14. #671
    Moral of the story: Don't let the Media Scare Tactics frighten you.

    Despite all of the scary headlines, here we are again knocking on the door of another all-time high.

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    The numbered arrows on this chart all coincide with one of AccaDacca's ominous posts warning us about the stock market's gloomy performance.


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    Last edited by rockgremlin; 09-12-2019 at 03:14 PM.
    It's only "science" if it supports the narrative.

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  16. #672
    The moral of the story should be that Accadacca is great at telling us predisely when things are going to turn right back around and take flight again. So if you're into buying low and selling high, wait 'til he posts and BUY, BUY, BUY!

  17. Likes BasinCruiser, Iceaxe, rockgremlin liked this post
  18. #673
    Accadacca watches way to much CNN. Everytime #FAKENEWS starts cheering for our country to fail the first fish they always hook is Accadacca.

    Climb-Utah.com

  19. #674

  20. #675
    Quote Originally Posted by accadacca View Post

    Quote Originally Posted by devo_stevo View Post
    The moral of the story should be that Accadacca is great at telling us precisely when things are going to turn right back around and take flight again. So if you're into buying low and selling high, wait 'til he posts and BUY, BUY, BUY!

    Looks like it's time to BUY, BUY, BUY!!!
    It's only "science" if it supports the narrative.

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  22. #676
    Bogley BigShot oldno7's Avatar
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    Quote Originally Posted by oldno7 View Post
    Stocks are poised to take out all time highs, across the board(DOW,NAS, S&P)

    Since this looks imminent, I believe we will progress up Until Sept. Early Oct.

    Potential, likely targets for the indices are this:

    DOW--28,187
    28,957
    29,571
    30,188

    S&P--
    3080
    3167
    3237
    3307

    Nas--

    8126
    8390
    8603
    8815

    These #'s are based off Fibonacci price projections.
    The date that keeps coming up for time projection is 10-02

    I look for time and price to coincide, then exit a trade.
    When you calculate time projections, you are figuring one of 3 things to happen on these dates:

    1) High
    2) Low
    3) continuation

    I believe my 10-02 time is reflecting a swing low as seen on todays chart.

    There is a very nice divergence in MACD as well.

    The 23% retrace from all time high is 26,056
    That is the level the market traded at this morning, prior to the drop.
    We are now 150 points above this area
    Attached Images Attached Images  
    I'm not Spartacus


    It'll come back.


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    Guns don't kill people--Static Ropes Do!!

    Who Is John Galt?

  23. #677
    Bogley BigShot oldno7's Avatar
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    I'm not Spartacus


    It'll come back.


    Professional Mangler of Grammar

    Guns don't kill people--Static Ropes Do!!

    Who Is John Galt?

  24. #678
    Bogley BigShot oldno7's Avatar
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    little more chart to see

    I'm not Spartacus


    It'll come back.


    Professional Mangler of Grammar

    Guns don't kill people--Static Ropes Do!!

    Who Is John Galt?

  25. #679
    Bogley BigShot oldno7's Avatar
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    FYI

    TD Ameritrade is now commission free, as of today
    I'm not Spartacus


    It'll come back.


    Professional Mangler of Grammar

    Guns don't kill people--Static Ropes Do!!

    Who Is John Galt?

  26. Likes rockgremlin liked this post
  27. #680

    Stocks

    Quote Originally Posted by accadacca View Post
    Quote Originally Posted by devo_stevo View Post
    The moral of the story should be that Accadacca is great at telling us precisely when things are going to turn right back around and take flight again. So if you're into buying low and selling high, wait 'til he posts and BUY, BUY, BUY!
    Quote Originally Posted by rockgremlin View Post
    Looks like it's time to BUY, BUY, BUY!!!


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