Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (169193)	3/5/2021 9:46:03 PM
From: sense	1 Recommendation Recommended By dvdw© Read Replies (1) \| Respond to of 217825

Youtube just fed me a Harry Dent video... End of the bubble going since 2008 yada yada megaphone pattern yada yada... "I'll quit my job if it doesn't happen" "within two or three months from Feb 17th"... but "it won't happen if the Fed keeps blowing up the bubble"... The investment newsletter writers stock in trade... conditional statements made to sound like conviction... so which ever way it goes... you can say you predicted it... because of what happened after you said it that met the conditional statement caveat... and all within the long enough time frame. Ends up being "the market is definitely going lower, unless the Fed wants it to go higher"... And, we know, they just passed another $2 trillion in "stimulus"... to stimulate an economy that, at the same time, they won't allow to function... which is brain dead stupid... even as the pace of bankruptcies is picking up... and the stimulus won't stop that... Stupid, unless the point of it isn't "the economy" but "the market". They killed silver to stop the perception there might be inflation... and doing that, alone, almost had the wheels come off... which risk grew leaps and bounds when rising rates sounded a discordant note unmistakably validating the inflation fears... meaning... the inflation they really want to have right now is in that other corner of the market over there... and if they can just keep the wheels on a little while longer... and it sure would help if the new guy doesn't drop the lug nuts again... maybe a good part of that $2T will find its way into the market before it crashes... and into our pockets when it does ? On the other hand... while QE may not be as inflationary as some think... "stimulus" definitely is... Seems reasonable to me that Wall Street will want to skim that $2T in fresh cream before blowing up the market... which won't work if the wheels do come off before they even get the checks sent out ? What did really catch me in the video... was Harry Dent saying the small options traders in the market now are SEVEN TIMES more bullish, here at the top of the market, than they were in 2000 or in 2007... That awareness of bias might condition my perception more than other things... but is it in conflict with what i just observed in the charts this week ?