The Briefing Room

General Category => Economy/Business => Topic started by: IsailedawayfromFR on May 10, 2021, 02:22:15 pm

Title: Dow just hit 35,000.
Post by: IsailedawayfromFR on May 10, 2021, 02:22:15 pm

What is you guess on how much higher it will go before the inevitable crash comes?

Title: Re: Dow just hit 35,000.
Post by: catfish1957 on May 10, 2021, 07:51:31 pm

it's like watchng a train wreck in ulta slow motion.

Title: Re: Dow just hit 35,000.
Post by: IsailedawayfromFR on May 10, 2021, 08:46:49 pm

Quote from: catfish1957 on May 10, 2021, 07:51:31 pm

it's like watchng a train wreck in ulta slow motion.

Notice how it picks up speed the further down it goes?
(https://media1.tenor.com/images/7a5ae346abe4740a00408b6d55782555/tenor.gif?itemid=13634651)

Title: Re: Dow just hit 35,000.
Post by: IsailedawayfromFR on May 11, 2021, 05:04:12 pm

@catfish1957

Could we already have topped off?

Have you seen the DOW today?

Title: Re: Dow just hit 35,000.
Post by: catfish1957 on May 11, 2021, 08:18:14 pm

Quote from: IsailedawayfromFR on May 11, 2021, 05:04:12 pm

@catfish1957

Could we already have topped off?

Have you seen the DOW today?

Nice little dip.  I don't think we see the cliff until the Fedzilla tap shuts off, or the markets get wise that the tipping point has been reached on unsustainable debt. OTOH, we are seeing international events heating up.  That might trigger it too.