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To: stylin19a

Good was in response to your statement that you had made a contribution. Should I have said bad with a thumbs down?

Sheesh, it was just pure bad luck that the post came up just as I had refreshed the page.

I apologize for saying anything good to you.


732 posted on 01/31/2021 1:50:58 AM PST by greeneyes ( Moderation In Pursuit of Justice is NO Virtue--LET FREEDOM RING)
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To: greeneyes

INTERESTING ARTICLE HERE:

JANUARY 30, 20216:16 AMUPDATED 21 HOURS AGO
Analysis: A tulip by another name? ‘Gamestonk’ and the case for investor caution
By David Randall

8 MIN READ

NEW YORK (Reuters) - It sounds like the start of a parable: Investors stuck inside during a pandemic begin to bid up an asset until its price becomes untethered to reality. The value soars until one day the market runs out of buyers and freezes, causing prices to plummet and some unlucky few to lose fortunes more than ten times their annual incomes in the span of a few hours.

The date: February 3, 1636. On that day, the infamous Dutch tulip bubble burst during an outbreak of the bubonic plague, illustrating that asset prices can plummet just as quickly as they soar, leaving only pain behind.

Now, almost exactly 385 years and another pandemic later, Wall Street waits to see how long it will take for history to repeat itself. ...snip...

https://www.reuters.com/article/retail-trading-bubbles-idUSL1N2K42M3

I am wondering if it’s really possible for those little guys to actually do this without some other behind the scenes stuff going on. But when the market eventually crashes, they will make a good scapegoat won’t they??? Gotta think about it-nothing is as it seems these days.


733 posted on 01/31/2021 2:00:53 AM PST by greeneyes ( Moderation In Pursuit of Justice is NO Virtue--LET FREEDOM RING)
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To: greeneyes

and I apologize to you...period.


738 posted on 01/31/2021 2:57:34 AM PST by stylin19a (Worry if your phone\TV spies on you? It's the vacuum cleaner - been collecting dirt on you for years)
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