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ShadenLines
Artist in various media (mostly traditional), craftsman & general DIYer. I make no guarantee of regular posting--work will go up as circumstances permit.

Pablo ''Neckbone'' Washington @ShadenLines

whatever--it's 2024.

DIYer

various/school of hard knocks

under your kitchen sink

Joined on 2/20/23

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Comments

gold? no, thanks, but SP500 is having an interesting % off, i did sell all i had of sp500 after it had the boom after trump survival, but soon i will be back to it, but my vision of what goin on in america is a little blurry since brazil is a bit far from it, do you think it will lower down a bit more significantly during this september?

Hey, it's good that you have an eye on it. The S&P & the NASDAQ are the only indexes I check regularly. Fuck the Dow...as an index, it's next to useless.

Right now a lot depends on what the Federal Reserve will do. Figure the official interest rate goes down by 25 basis points...some people are expecting the Fed to knock it down by 50, but I don't believe they'll go that far. The S&P & NASDAQ should benefit from that....

If the S&P does rise in value this month, it won't be by a lot. Quite a few investors are being cautious, what with the gonzo election year we're having, the ongoing Near East turbulence, etc. This includes the big institutional investment firms, too.

@ShadenLines hm... got it, it had a rise after trump survival, meaning the american market wants trump, so to sp500 fall significantly only if something unfortunate happen with trump...

Oh no, it's not all due to the election, my friend. The election is a factor, yes, but only one. Markets & their indexes almost never move due to one reason alone. That is something to keep in mind.

At this point I think the S&P will dip a little...might dip in October too. If it does, don't let it make you nervous. Only fools panic-sell.

@ShadenLines i find coincidences, an interesting thing, let's put it like that... Don't worry, i'm not easily scared, i live in brazil, the brazilian investment style is to invest like an hyena, we wait to something bad happen so the graph lower down and then we come and buy it

*lol* That's all right. So the Brazilian way of investing is to wait for the first half: "buy low..." Not a bad way to play it. Just remember the second half of the equation at some point.

As for coincidences, eh... We probably differ on the extent at which conspiracies are real, but only that. Conspiracies certainly do occur. For instance I don't believe Jeffrey Epstein killed himself, but I also don't believe it involved any secret global cabal full of purely evil characters who meet in a smoke-filled room somewhere. All it would've required is whoever did the deed (my hunch is it was one of the prison guards), the staff officer who watches the feeds from the security cameras, & one or two people who had some connection with Epstein himself. The fewer people involved in a plot, the more likely it is to succeed. Less chances of someone spilling the tea that way.

Re Trump: if there was someone plotting to whack him, it wasn't Joe Biden. Biden doesn't have it together enough for that. Biden doesn't even put in a full day's work in the Oval Orifice because he doesn't have the energy for it. I doubt he was aware of anything until he saw the news reports. It might not even have been anyone in his administration....am not pointing fingers anywhere but if I did, I'd figure it was someone sympathizing with the "squad" hard-left Dems.

@ShadenLines yeah, take a look at the graphs of our biggest corporations like vale or petrobras, they go up and down, up and down, it's a good place to do some swing (swing trade), the biggest brazilian investor says brazil is the land of opportunity when it comes to stock exchange, we do a lot of stock picking here. Guess brazilian stock exchanges is a magic place where you can take advantage of brazil's disgrace indeed.
Yeah, conspiracy theories are like that, like i don't believe in reptillians nor the jews are behind everything, and details about epstein death doesn't matter too much for me
About joe biden i see a lot of lula in him, an old stupid again, they're like marionettes or symbols, they're no evil genius mind, there are big people, a big system behind them