2Wk·

I would be interested in your opinion based on your many years of stock market experience 🤓

Do you think that yesterday was a flash "crash" that will be quickly bought up again in the next few days and ultimately end in a year-end rally, or could we be looking at a real crash?

$VUSA (+0.4%)

$BTC (+0.05%)

$IGLN (+2.01%)

13 Comments

Stefan21@stefan_21

2Wk

I could imagine that on Monday - unless the situation improves - it will go down a few percent again. The stock market had already virtually closed and, at least as far as Bitcoin is concerned, the institutions haven't had the opportunity to sell their ETFs yet :)

Following this, I believe in a quick V-shaped recovery and new highs - as is often the case in such political situations.
Of course, it could also be the beginning of a bear market - but I think that's unlikely at the moment :)

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Kate🦋@Iwamoto

2Wk

@stefan_21 That sounds plausible. May you be right. Btw, it hurts to see the strong correlation between stocks and Bitcoin.

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Stefan21@stefan_21

2Wk

@Iwamoto That's true :) but this shows once again that Bitcoin is still seen as a risk-on asset by the masses wird🤷‍♂️

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Tenbagger2024@Tenbagger2024

2Wk

@stefan_21
I think earnings could also determine the future direction.

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Jens@flush_hatch

@stefan_21 I partly agree with you. We may see a continued bounce up, bulls will step in and long like crazy calling "moon", and then whales will step in and eat up retail.

I don't think we'll see another ATH in the short term. I think Bear market structures are here.

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Stefan21@stefan_21

@flush_hatch Correction yes - but I don't see a real bear market. There isn't enough exaggerated parabolic movement for that.
If the “bear market” starts now, I'm pretty sure it will be a mild one. I don't see a drawdown of more than 40-50% at the moment.

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Sina@lawinvest

2Wk

Either there will be a TACO on Sunday or the Chinese will react.
My personal guess: at least red on Monday, possibly green again on Tuesday... Turnaround tuesday...

If the Chinese follow up and then announce another 135% on everything, well, we all know what that means... then it may well build up for a few more days and show accordingly on the stock market... but a slight October correction wouldn't be so bad either with a view to a year-end rally

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TomTurboInvest@TomTurboInvest

2Wk

I've been on the stock market since 1998/99 and can't tell - what have I learned from it? Nothing!

There are currently so many factors that can all develop in a completely different direction within hours. There is only one motto - stay flexible and try to make the best of the situation, whatever it may be on Monday and the following days 🤷🏽‍♂️

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Sansebastian@Sansebastian

2Wk

That was just 3% in the S&P yesterday...
In a crash we are talking about more than 20% in total.
Of course, we may run up again next week, but we are more likely to get the expected correction that is overdue.
What happened on the crypto market yesterday was much more violent and had something to do with manipulation

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Kate🦋@Iwamoto

2Wk

@Sansebastian that's why I put crash in quotation marks 😅. Thanks for your assessment.

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Artiskon@Artiskon

2Wk

I also assume that the securities market will take another big step down on Monday.
Bitcoin and co have gone down well, the securities markets were already closed - there is still room for improvement.

But the recovery should happen quickly, simply because people still don't know where to put their money.

Personally, I will be buying Bitcoin in tranches / over several days from today, simply to take advantage of the nice discount and still have some powder in case of further red days.

But then I'll slowly need a gold donkey to buy more 😅

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Thorsten@silverbug999

2Wk

You're not serious about the crash, are you? The SP500 goes up 40% in 6 months, falls by 2.5% and that's called a crash! Madness!

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Nom@user28461

2Wk

It is the air that is in the shares that has now been let out, like a whoopee cushion. You really can't take it seriously.

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