ya maybe you're right lol

after I mis predicted it breaking 271 on Tuesday (I think? was tues) I just been cash. technicals and this market don't go hand in hand. even the E_SF on Thursday night went to 2750 however it just kept climbing after that even on no volume. will flop at some point but it might be going back to 300 again?

sitting on cash. ideally would like to buy a lot and just sell calls but there is gonna be a major correction at some point I still strongly feel. hyperinflation + no jobs can't be sustainable

How would there be hyperinflation if there are no jobs?

This post was edited by dro94 on Apr 26 2020 02:27am

Fed go brrrrr

Dollar has already been demonstrating strain

You literally posted that 5 posts ago...quit spamming.

LOL. I really didn't know the Market shut down on the weekend. I never played the stocks... ever.

That's not how it works though.

Hyperinflation would only happen if the velocity of money at least stayed the same. Nobody is buying anything (except shares in Disney).

Inflation risk is very low for the short, medium and long term. Keeping inflation in the 0-2% range is easy, preserving millions of jobs in a global pandemic isn't.

Ask any respected economist about this and they'll tell you deflation risk is more significant right now.

That’s fine I’m not an economist. My main point is that this market isn’t sustainable and trading >20 x PE and major correction will happen at some point. I’m def open minded to be wrong just thinking about it intuitively that if Fed is injecting trillions of dollars to keep the market alive it will have longterm deleterious effects. The example I was using with the $ value is interesting though, dropped to year low early March at same time as fed injections