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Wall Street on the verge of tumbling down.....global terror


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#1 andr99

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Posted 17 August 2023 - 09:35 AM

article says.......guru Michael Burry bought millions of dollars of put options to protect himself from a market drop 

 

https://www.liberoqu...nfallibile.html

 

I'm asking myself how many times in 23 years someone was so kind to alert me of a market tumble that really happened.......I don't remember just a single one. Until on the media they publish news like this one, the

 

bull is safe in my humble opinion. I will start to get worried when the media system begins to talk of a secular bull market underway


Edited by andr99, 17 August 2023 - 09:38 AM.

forever and only a V-E-N-E-T-K-E-N - langbard


#2 linrom1

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Posted 17 August 2023 - 09:53 AM

Banks, and China are even more of buy. Banks own financial systems over the world and the FED, the FED works for banks. The Dollar strength comes from the US Banking system. China is the premier engineering super power, they can create systems in days what takes US years.


Edited by linrom1, 17 August 2023 - 09:59 AM.


#3 pdx5

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    I want return OF my money more than return ON my money

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Posted 17 August 2023 - 11:50 AM

Bull is always safe in the long run so long as they print more money 

But it is never a smooth straight line up. There are always opportunities to sell high and buy cheaper.

But don't tell that to the snorting bull.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#4 andr99

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Posted 17 August 2023 - 01:00 PM

Bull is always safe in the long run so long as they print more money 

But it is never a smooth straight line up. There are always opportunities to sell high and buy cheaper.

But don't tell that to the snorting bull.

 

hi pdx5, you know......I think the snorting bull knows that very well, but in the end what matters more to me is looking at my own trades and leaving apart someone else's ones, because life is complicated the same even looking only at myself. Are you playing golf like usually ? Here we are under a wave of hot temperatures (33 °C today) that I'm dreaming of Scandinavia.    


forever and only a V-E-N-E-T-K-E-N - langbard