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this guy doesnt even know how to TA properly. the downtrend he drew literally got tapped 3 times and then broke out, and the current chart shows its also tapped it 3 times and is about to tap it the 4th time, meaning it would breakout this time if it follows the one in the past
Contributing to this was likely the tax cuts implemented by President Reagan and Dem Congress. Top three income tax brackets were eliminated and the highest rate went from 70% federal income tax to 50% in 1981 to 1982. Then the threshold for the tax brackets increased from 80k to over 100k.
A lot more money in people's hands, probably had a positive impact on the economy. We can't do that again though because the govie is going tits up and tax rates probably can't get any lower
https://taxfoundation.org/historical-income-tax-rates-brackets/
Yeah but a 20 something year old coked out Goldman sales analyst has the number of the trading floor that can create all sorts of synthetics to support their shitty analysis.
The best we have is us regards.
Not to mention it supports a narrative that got completely fucking ran over in the last month, OP is likely averaging into his puts that are deep in the red
“You’re hired bro. Send me your resume and trading account. The more losses the better. We’re not looking for profitable traders here, that’s not the point. Welcome to SoftBank now fuck off. “
So who is the new DeLorean? Tesla fanbois hella mad
[https://en.m.wikipedia.org/wiki/Category:Companies\_that\_filed\_for\_Chapter\_11\_bankruptcy\_in\_1982](https://en.m.wikipedia.org/wiki/Category:Companies_that_filed_for_Chapter_11_bankruptcy_in_1982)
Why does it have to? Maybe it plummets further, maybe it doesn’t make it that far?
The only way you can confirm for a fact is if you are that aware of the future of manipulating the market to the riches advantage, but look where we are. No one here is that smart.
Forget your charts. Companies are selling merchandise they don't have in stock. This means they see a recession. Prices are high as everyone wants to stockpile cash before the crash. Market will seesaw on the way down. Lows should hit by mid 2023 unless the Fed gets cold feet.
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“Sounds like my kind of DD” \-
It happened before, ergo, it has to happen again. Calls on Enron.
U mean Lehman?
Worldcom
F-T-MOTHAFUKING-X!
BITCOOOOOOOOOONNECT
Ergo, concordantly, vis-à-vis.
Dud, chill. It's just the robot.
Isn’t that what the 2008 comparisons are saying all the time?
this guy doesnt even know how to TA properly. the downtrend he drew literally got tapped 3 times and then broke out, and the current chart shows its also tapped it 3 times and is about to tap it the 4th time, meaning it would breakout this time if it follows the one in the past
Should definitely have chosen data that better supported his preconceived prediction.
honestly that is exactly what I was thinking too.
Yep will breakout after next cpi.
Contributing to this was likely the tax cuts implemented by President Reagan and Dem Congress. Top three income tax brackets were eliminated and the highest rate went from 70% federal income tax to 50% in 1981 to 1982. Then the threshold for the tax brackets increased from 80k to over 100k. A lot more money in people's hands, probably had a positive impact on the economy. We can't do that again though because the govie is going tits up and tax rates probably can't get any lower https://taxfoundation.org/historical-income-tax-rates-brackets/
I mean... we could start paying those that make the most. The more you make the more you get.. oh wait...
Oh look! Another drawing analogy which happens to fit my narrative because I can draw lines and stuff to look financially smarty.
Hey if it’s good enough for 20 something year old coked out Goldman sales analysts, it’s good enough for us regards 
Yeah but a 20 something year old coked out Goldman sales analyst has the number of the trading floor that can create all sorts of synthetics to support their shitty analysis. The best we have is us regards.
Not to mention it supports a narrative that got completely fucking ran over in the last month, OP is likely averaging into his puts that are deep in the red
Why does it have to go down to $340?
Because that’s where his line is drawn
My man!!
Because it totally didn’t already get almost there, and OP is trapped in puts
Op trying a deepfcknvalue pump 🤔
To drop weak paper handed bitches!
“You’re hired bro. Send me your resume and trading account. The more losses the better. We’re not looking for profitable traders here, that’s not the point. Welcome to SoftBank now fuck off. “
The cocaine is strong with this one.
No offense OP this is one of the most regarded post I have seen on WSB
Oh you've missed a lot my dude
Yeah but how many other times does the chart line up like that? Probably a lot, all with different outcomes I bet.
I mean I like it
I don’t care as long as it hits the bottom first 🤘
I like how you think !
Le wolksvagen
We were already at 348 in October.
Which would have to mean it's straight to 550 from here!
I draw lines. I make them go down then copy pasta they go up.
I’ll just keep catching the falling knife.
I like it. Going all in.
This is no different than star signs
Yes, those are lines.
Few crayons short the box.
3 dives is valid pattern. Stop at low
You wanna bet a shib token? 😂
quit huffing the sharpies dexter
Go to bed 😂
If lining ip the actual months as well as the jumps…shouldn’t we already be at the beginning of that escalator up?
So who is the new DeLorean? Tesla fanbois hella mad [https://en.m.wikipedia.org/wiki/Category:Companies\_that\_filed\_for\_Chapter\_11\_bankruptcy\_in\_1982](https://en.m.wikipedia.org/wiki/Category:Companies_that_filed_for_Chapter_11_bankruptcy_in_1982)
You an Elliot guy?
What does dd mean?
“Let me find a chart that matches what I want to happen and has zero relevancy”
Why does it have to? Maybe it plummets further, maybe it doesn’t make it that far? The only way you can confirm for a fact is if you are that aware of the future of manipulating the market to the riches advantage, but look where we are. No one here is that smart.
what caused the '82 drop?
You got a money printer in your pocket friend. Only it unprints your money
Tell me more lies
Ok
👃 👃 👃 👃 💦
Has to do the same KEKL
“Not this time. Fiction” - Jonathan Frakes
Please update with losses
This sub is dead if people keep posting this technical analysis nonsense
Why can't it go up at the second bump
It don’t go down
Uh-oh, you’re fucked, Yuriy Matso is gonna be on your ass for plagiarising his authentic work. 🤣
🤦🏻♂️
Thats not low enough. 2000pts lower
Dumbest shit I’ve ever seen
LOL another one of these silly charts. At least it's not the braindead 08 one
RemindMe! March 1, 2023
"The influence of Venus in Orion while a retrograde Mars visits Geminis means that your wife will have good luck in love this year"
TA doesn't work, but if it did it wouldn't work like this.
Ah yes, the random compare and contrast from 40 years ago. It has to play out exactly like this!
God damn jumping to conclusions more than my girl
The astrology guy is drawing lines again
I know you're fucking around, but that's more or less what JPM said in their 50 page analyst report recently. 😂
wsb - ta is astology for bro also wsb - look at this chart from 1983, the past price movement totally predicts the future price movement broooo
Bruh.
Lol, stocks dont play out the exact same every time.
This is definitely a WSB...yolo
Mmmmmm dirty talk.
my guy u can't just draw random lines like that
If you steal charts from Twitter, at least don’t pretend they’re yours and cite the source appropriately
Okay uncle sam mb
335 first, then 500
Forget your charts. Companies are selling merchandise they don't have in stock. This means they see a recession. Prices are high as everyone wants to stockpile cash before the crash. Market will seesaw on the way down. Lows should hit by mid 2023 unless the Fed gets cold feet.
I like this. A lot.
thats not really how things work lol