I think so. It's seriously correcting in Europe right now & did in Asia last night. I bet it opens low today & maybe a crash on Monday? Or maybe just go down a lot more & then crash the next week - THEN would be the time for MOASS of GME & DJT!
It's August 2nd & they say August is a hot month...
Everyone who believes in Bidenomics will say it's just a dip & invest more. They will lose their shirt. Those like us who know what's going on will do ok & when it's all over, that alone will effect 'public opinion' Because people put more credence into whatever took their money
We are in for a massive correction, but the question is how bad will it be?
China and Japan are already looking pretty grim, propped up by their respective central banks plus government bailouts. Japan in particular is screwed, and had to raise interest rates to prop up the Yen during a slowing economy (very bad idea).
The stock markets have completely decoupled from any of the fundamentals for quite some time now. During the dotcom bubble, this decoupling was referred to as "irrational exuberance", which was another way of saying that traders were bat shit crazy. This time it is based largely on the A.I. hype plus rigged job market and inflation numbers, etc. It is all fake and crazy, just like the dotcom bubble.
The crash this time should be even more spectacular than the dotcom crash. Get out of the stock market while you can.
IT GONNA BE BIBLICAL.