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Lots of talk about an impending stock market crash on here. I am actually interested to see how many people saying crash are putting their money where their mouth is on these predictions. DOG, QID, RWM, others, general shorts? Anyone? Or are these just predictions about a crash with no skin in the game?
Let me conclude by saying I trade, so I have no allegiance whether market goes up or down. Money is there both ways. Owned QID and RWM over the summer and sold with end of August decline. Nice 12% gain or so. IMO we get one more big ramp up in equities. Too many bearish at this point. AAII sentiment has been hovering 35%-40% bearish. Much higher than average. Too many headlines saying market is going to crash. Crowd is always wrong. Short-term volatility yes, but I expect a big ramp up after this shorter-term volatility is over.
Lots of nut jobs posting in the Economics Forum. Hyper-emotional people with almost zero logic in their chains of reasoning convinced that the Fed is the source of all evil. Others convinced there will be a stock market crash based on the Jewish calendar. Some of the former boast that they are not in the stock market at all, so no, they are not "short".
I wish there were some way to enforce having only rational discussions here, but it's a public internet discussion forum and therefore all ideas, no matter how nutty, are free to contend.
Just a few months now. I tried a little trade a few weeks ago and managed to lose a few hundred dollars. No big deal, but until things settle down, I'm on the sidelines. There are too many negatives out there right now.
The only problem is the biggest moves happen when things couldn't look worse.
By the time you realize it isn't a suckers rally the biggest moves happened.
There are very few days that really account for most of a markets moves. Miss those and you give up quite a bit if markets do not go lower like you thought.
In my 30 years as an invester i saw 2 crashes , that is it .
I would have given up huge gains had i waited for that proverbial crash which i can't remember anytime it didn' t look like it wasn't just right around the corner.
Lots of nut jobs posting in the Economics Forum. Hyper-emotional people with almost zero logic in their chains of reasoning convinced that the Fed is the source of all evil. Others convinced there will be a stock market crash based on the Jewish calendar. Some of the former boast that they are not in the stock market at all, so no, they are not "short".
I wish there were some way to enforce having only rational discussions here, but it's a public internet discussion forum and therefore all ideas, no matter how nutty, are free to contend.
They're also conned by former politicians masquerading as "experts" and fear mongering "the coming crash" in order to sell them questionable investments.
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