aeden wrote: Thu Nov 04, 2021 4:10 pm
As we sort of predicted it will burn out sideways.
I really think it will set a record for fastest 50% drop ever.
We have everyone on social media, everyone online, and Robinhood traders using an app on their phone.
People are not waiting for the next printed newspaper to see what is going on. Orders will not be waiting
on humans to process, all computers now. Should be a much faster "sell begats sell" cycle than ever before.
aeden wrote: Thu Nov 04, 2021 4:10 pm
As we sort of predicted it will burn out sideways.
I really think it will set a record for fastest 50% drop ever.
We have everyone on social media, everyone online, and Robinhood traders using an app on their phone.
People are not waiting for the next printed newspaper to see what is going on. Orders will not be waiting
on humans to process, all computers now. Should be a much faster "sell begats sell" cycle than ever before.
How will the “circuit breakers” affect this drop?
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”
That and Rivian this week is like $76 billion in needed buyers. Though he did not say how fast he would sell it.
Still, might start something (though pre-market is not moving much so far).
