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SVTPerformance's Chain of Restaurants
Road Side Pub
Is it time to worry about the stock market?
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<blockquote data-quote="RedVenom48" data-source="post: 16085085" data-attributes="member: 166576"><p>Unlike 2007-2008 I dont have a sense that people are panicking or sense that there is some fundamental breakdown of the economy. It sucks for sure, but the feeling I get is one of being an inevitable correction.</p><p></p><p>Literally no reason why companies like Apple should have a valuation at over a trillion dollars. Literally ****ing none. There are people and entire divisions at stock firms that look for ways to exploit the market. Some legally some not legally. What better than make a stock look like its value is climbing sky high by investing in it? because you get other lemmings to feel confident its the hot stock to get on. Then when it makes the return youre looking for, absolutely dump the stock, which starts a sell off and the Lemmings absolutely shit themselves. Of course, since you are the one making the initial sell off decision, there is no pain on your end.</p></blockquote><p></p>
[QUOTE="RedVenom48, post: 16085085, member: 166576"] Unlike 2007-2008 I dont have a sense that people are panicking or sense that there is some fundamental breakdown of the economy. It sucks for sure, but the feeling I get is one of being an inevitable correction. Literally no reason why companies like Apple should have a valuation at over a trillion dollars. Literally ****ing none. There are people and entire divisions at stock firms that look for ways to exploit the market. Some legally some not legally. What better than make a stock look like its value is climbing sky high by investing in it? because you get other lemmings to feel confident its the hot stock to get on. Then when it makes the return youre looking for, absolutely dump the stock, which starts a sell off and the Lemmings absolutely shit themselves. Of course, since you are the one making the initial sell off decision, there is no pain on your end. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Is it time to worry about the stock market?
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