css1971

You Are Not as Dumb as the Bear Market Makes You Feel

1: Every reduction is a new bargain.
2: The stocks aren't changing value. It's money which is changing value. You can't value anything objectively because your measuring stick is changing size.

By Any Definition, a Crash

Sorry. You're making the mistake that there is such a thing as "intrinsic value".

No such thing, there is only the relative value to the currency. If there are 10 trillion units of currency, that 10 trillion represent all of the things you can buy with them. If there are only 10 units of currency, that 10 units represents exactly the same amount of real wealth as the 10 trillion.

Well, with a 30:1 leverage ratio, that 10 trillion could fall to 1/30th of the current value as the debt consumes the credit. Unlikely yes, but there you are.

There's no such thing as "stupid value" when the notion of value is being changed on an hour by hour basis.

Analysts: Expecting a 30% Rally Over the Next 12 Months?

Doesn't matter where. If you print enough notes you can reach the moon...

This Is Not "the Big One"

The FED has an essentially infinite supply of paper. You will all be trillionaires before there is another "Big One".