• Krugminator2's Avatar
    Today, 06:22 PM
    I don't like making topping predictions because tops tend to be slower and more persistent. But just like the bottom so many things are lining up at extremes right now. This is the craziest market I have ever seen. Sentiment was at a major bullish extreme early in the year. It went to the most bearish by a ton of metrics in history. Now a lot of things I look at like the moving average of the equity put/call are back at another extreme. The junk stocks I trade have made huge moves. I thought that selloff had a high probability of fake out and this bull market would end like 1999-2000 with all the money printing and stimulus. I suspect the zero commissions brokers went to is playing a role somehow a lot like when E-Trade and other online brokerages came to be 20 years ago. Not calling a permanent top but a lot of new people are going to get their hands slammed in car door soon. I hope this keeps going but my experience is this is more likely than not close to the end for the time being. Think a 5 to 10 percent selloff is immenent.
    143 replies | 11340 view(s)
  • Krugminator2's Avatar
    Yesterday, 07:29 PM
    Market getting really frothy. All sorts of absolute dog shit is moving. Doesn't mean the market can't run higher but it will get slammed down sooner rather than later. Might just be a short lived pullback but this is the wildest market I have seen since the Bitcoin bubble. Kind of wild that the market went from despair a couple of months ago to euphoria.
    143 replies | 11340 view(s)
  • Krugminator2's Avatar
    Yesterday, 03:10 PM
    But they disproportionately commit violent crime. Police may discriminate against blacks in other ways but not in shooting them. The Harvard study I posted seemed pretty devastating to the police wrongly shooting blacks shooting narrative.
    22 replies | 327 view(s)
  • Krugminator2's Avatar
    06-02-2020, 07:17 PM
    They actually had a black guy as a CEO. That was 20 or so years ago. The initial press conference was very social justice about what good people they were for hiring a minority. Lot of talk about how pro-worker they were. That guy was a huge disaster and fired him in a couple of years.
    2 replies | 108 view(s)
  • Krugminator2's Avatar
    06-01-2020, 07:41 PM
    1267510219594240005 1267505449919791104
    144 replies | 1786 view(s)
  • Krugminator2's Avatar
    06-01-2020, 07:09 PM
    How much more time needs to be taken to determine if someone is domestic terrorist? Do you need a committee to study it? Seems like a simple eye test of video showing people lighting things on fire and killing people is enough. I am for using force to repel force. Libertarianism isn't pacifism.
    144 replies | 1786 view(s)
  • Krugminator2's Avatar
    06-01-2020, 06:58 PM
    Except I was pretty much the first and most vocal critic of Trump on this forum when Trump decided to run starting in June of 2015. I criticize him constantly. Tariffs. Immigration. His First Amendment ban on Twitter. I have supported using whatever means necessary to put down domestic terrorists who destroy property. I have posted this clip of Reagan as the model of how to deal with these people for years. I am quite consistent. Looting is not okay. And every real lover of liberty should emphatically denounce it and see that it stops.
    144 replies | 1786 view(s)
  • Krugminator2's Avatar
    06-01-2020, 06:38 PM
    So still no reason. Got it. Also libertarian not Libertarian.
    144 replies | 1786 view(s)
  • Krugminator2's Avatar
    06-01-2020, 06:22 PM
    You haven't actually given a reason how it is indefensible or anti-liberty. Property rights are the most fundamental human right. In fact all rights are property rights. The government exists to protect those rights. If local law enforcement can't protect those rights then the National Guard needs to do the job. If the Guard can't do it then the US military needs to do it. Rights are rights for a reason. They can't be denied by mobs.
    144 replies | 1786 view(s)
  • Krugminator2's Avatar
    06-01-2020, 06:17 PM
    Okay? I am fine being remembered for that. I relish in the hatred of anti-liberty anarcho-nihilists like you. Also it's libertarian not Libertarian.
    10 replies | 279 view(s)
  • Krugminator2's Avatar
    06-01-2020, 06:12 PM
    Libertarian is lower case. First lesson. Secondly libertarians support protecting individual rights. Using the military would be a blunt weapon to preserve liberty but there is nothing unlibertarian about using troops to stop looting.
    144 replies | 1786 view(s)
  • Krugminator2's Avatar
    06-01-2020, 06:06 PM
    He's a real pussy not wanting to be murdered by a subhuman group of rioters. And unfortunately he isn't using the military but he should have. Time to end the destruction.
    10 replies | 279 view(s)
  • Krugminator2's Avatar
    06-01-2020, 12:13 PM
    Seems like the reparation debt was settled when hundreds of thousands of Americans died freeing the slaves. But if it wasn't settled then, the welfare and affirmative action policies of the Great Society settled the debt. I will bite my tongue and not say anything about reverse reparations so as not to leave any perception of racism and just say, $14 trillion is insane.
    34 replies | 551 view(s)
  • Krugminator2's Avatar
    05-31-2020, 06:34 PM
    Obviously, the GOP is trying to win over the important Satan worshiping voting bloc by sending a coded message. And on a side note, I saw on a Youtube video that the world is flat like a pizza and vaccines make you 'tarded.
    10 replies | 264 view(s)
  • Krugminator2's Avatar
    05-30-2020, 10:03 AM
    That's one explanation. It seems a little problematic when there have been a zillion other riots. Were the LA riots, Watts riots, Detroit riots, Chicago riots, Ferguson, and Charlotte all just false flags started by the police? An alternative explanation is many black people and smelly leftists are nihilists who don't respect individual rights and just like to destroy things to pass time.
    370 replies | 7098 view(s)
  • Krugminator2's Avatar
    05-30-2020, 06:58 AM
    No. You are irrational. But for rational people. Sampler
    45 replies | 867 view(s)
  • Krugminator2's Avatar
    05-30-2020, 06:08 AM
    LOL wut? Here are your posts right before. You seem almost orgasmic at the looting. You put looters in scare quotes as if they are I guess noble saints fighting the good fight. You called defending property murder and pearl clutching.
    45 replies | 867 view(s)
  • Krugminator2's Avatar
    05-29-2020, 09:56 PM
    What is most insane is the same people who thought protests over the government lockdown were horrific because of lack of social distancing think doing decades worth of economic destruction to innocent people is just swell.
    370 replies | 7098 view(s)
  • Krugminator2's Avatar
    05-29-2020, 09:49 PM
    You spoke too soon. Baboons out in Detroit. 1266570135235592192 1266573640839180288
    370 replies | 7098 view(s)
  • Krugminator2's Avatar
    05-29-2020, 09:43 PM
    Yeah. It does. It says I respect individual rights and you don't. It is never okay to loot private businesses. Ever. Never ever. They should be shot.
    45 replies | 867 view(s)
  • Krugminator2's Avatar
    05-29-2020, 06:38 PM
    Nothing says freedom like grossly violating the rights of completely innocent people by destroying their property and preventing them from working. Looters should get pelted with tear gas and rubber bullets. If those don't work. Just now them down until the message is received. If I were Governor I wouldn't tolerate this shit for even one night. You can have those Nike's but they will be soaked in blood.
    45 replies | 867 view(s)
  • Krugminator2's Avatar
    05-29-2020, 07:14 AM
    Shopify sold off from $844 down below $700. Back to $750 but price action seems like a change in character. Put/Call ratio starting to get like the beginning of the year. Sentiment starting to become less bearish. 1266007444582432768 Conditions set for stocks to stall out and perhaps rollover in late June/July
    143 replies | 11340 view(s)
  • Krugminator2's Avatar
    05-28-2020, 08:03 PM
    Reagan had the National Guard shoot people looting with rubber bullets. 120 in the hospital and two in the morgue. Problem solved instantly. Got him two terms in left wing California.
    370 replies | 7098 view(s)
  • Krugminator2's Avatar
    05-28-2020, 07:58 PM
    So the cop who murdered a guy isn't arrested but a guy who owns a pawn shop that likely doesn't carry adequate insurance to cover his inventory shoots someone stealing from him and is already booked? I really don't understand. So a store owner is supposed to just let people take stuff from his store? Who does he call for help? The police aren't doing anything. They are just letting people loot. A lot of these small businesses aren't major successes. He might have almost everything he owns in that store. And now the savages completely razed his store. I really feel bad for this guy assuming this is what happened.
    370 replies | 7098 view(s)
  • Krugminator2's Avatar
    05-28-2020, 03:28 PM
    Actually he wouldn't be. I am on my phone so I am not going to dig up the quote but he was pro-rioting. Needless to say, MLK was highly overrated.
    370 replies | 7098 view(s)
  • Krugminator2's Avatar
    05-27-2020, 05:51 PM
    It makes absolutely zero sense to have a country make all of its own products. Zero. None. There is literally no argument for it. You can call it fascism or socialism. I don't care. They are two sides of the same coin. It is government controlling the means of production. And the result will be a dramatically lower standard of living. Prosperity and freedom are built on trade. Not to mention this is the complete opposite of a libertarian foreign policy. From Ayn 3:16
    56 replies | 765 view(s)
  • Krugminator2's Avatar
    05-27-2020, 05:47 PM
    I am not sure where I stand on the Fed purchasing junk bonds. Seems like a bad idea and soft bailout to junk bond holders but maybe not. From a quick Google search they just bought junk bond ETFs which is what you said. Your reasoning wouldn't factor into at all whether it made sense to buy junk bonds. If you are buying a portfolio of high yield bonds, some are going to default. That's why they yield more. This isn't an untenable risk as you said. Over time the Fed will make more by owning junk bonds than regular corporate bonds whether they do any due diligence or not. That said, I can't articulate whether it makes sense to buy them or not buy them as part of monetary policy. It would seem this would be very distortionary to markets though but maybe it is necessary for liquidity.
    173 replies | 22806 view(s)
  • Krugminator2's Avatar
    05-27-2020, 05:23 PM
    Using that logic what did we get with massive tariffs like being proposed in the original post? Oh yeah, the Great Depression and FDR.
    56 replies | 765 view(s)
  • Krugminator2's Avatar
    05-27-2020, 05:16 PM
    Yes. Comrade. More socialism is the answer. We need to have a Great Leap Forward where we abandon individualism, reason, and live as one community. From each according their ability to each according to their needs. The cutthroat competition of a capitalist system where consumers ruthlessly choose the products they want needs to be replaced with love and Jesus. Who needs 20 brands of deodorant when you have starving kids? Amirite?
    56 replies | 765 view(s)
  • Krugminator2's Avatar
    05-27-2020, 05:12 PM
    How about going back to the early 1900s with fewer tariffs than exist today and basically open immigration? Was the United States more or less free at that time? Since there was significantly more freedom, I win. No tariffs. Immigration for those who are self sufficient.
    56 replies | 765 view(s)
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