Will The Stock Market Crash in 2022?

  • Dow plunges more than 900 points for its worst day since 2020. Falling for a fourth straight week.

 



Yo what's good, everybody? Welcome back and before we even start I would just like to ask you to like the video, when that does happen, please subscribe as well, and you will see many updates here.

As you can see, we're getting crushed. But everybody is getting crushed. So if you are in the market and I kind of hate using that term here, but if you are all in, you are investing in stocks, crypto, NFT's, Toads, imaginary pieces of land, watches, and things are a little choppy right now.



The DOW literally had the worst day. It's been down four four weeks. We're going to go over some of my predictions. And I wanted to show the portfolio first, go over a couple of things.




At one point last week, this is a brand new portfolio. As you can see I started most of the positions on the 6th And then I kinda went into other positions as I paid bills and things were moving fast enough,

And it was up. it was it was up like eight or nine, maybe 11 at one point. And now it's down. So that's a swing of about 15K and then we had about $16,000 worth of bills this week, but that left us with zero debt.


So that is where we are at plus a couple of watches plus a truck. Everything is paid off and that was the plan. It's just kind of shitty to see no cash in the account because that just sucks. I'd rather have, and some of you've seen this channel at 180, you know what I mean? That's a different, that's a different story, but it's the same game plan.


I have only been doing this for like 10 or 11 months and I have a buddy who's helping me do this, but this is how much it costs to learn how to be a legend. And this is legendary diamond hands right here. Joe G legendary diamond hands, Some might call it crazy, but we are sticking to the plan. In it to win it or broke and get it all back somehow again.


Or it could be legendary retard as well?


You know what I'm saying?

However, if I had money in the bank account I’d be losing money. I think my personal inflation is about 20, 22% for all my expenses.

Let’s go over my portfolio very briefly. As you can see it's down, everything's basically down. It's whack. I like to be playing with the house's money again and I fill intend to do so in the future. Shit is just crazy right now.


As you can see here it's been down for four weeks straight. 1, 2, 3, 4 weeks. we've been losing money. Well, for a long time, we've been losing money, but this has been a consistent four weeks. And if we zoom in here on the weekly, we can finally see that there's only a couple options here where they're gonna come back up to the 30 day.


SO HOW BAD CAN IT GET?

Okay. So if we look at this right now, let's go to the one year.


The one year is just concentrating in the same channel. You know what I mean? Right now we're under the 200 day moving average. We're under the 50 and under the monthly. So, you know, usually after days like this, you have like a crazy jump we hope, you know what I mean?


You can also Hail Satan.


Now, if we're sitting at 33,811. And let's just say, hypothetically, this motherfucker goes to 24,000. We have a 30% drop coming at some point. At some point we're going to get wiped out, but no, at some point we're gonna get stopped out of a lot of shit.


So we look at this here. We have like, literally we have literally a 30% drop coming at some point, I hope it's not like this. If you're asking yourself, where did I get this from this down and up?


All I did was I took the March 2020 crash, right? When everyone freaked out over nothing and I drew a copy of the line and then I drew a copy of the recovery and obviously the past doesn't predict the future, but let's just say hypothetically, because we're looking at the one before that crash was massive. The next one was bigger. So I'm just assuming that the next crash is the same as the last crash, but it's probably going to be bigger.

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