![]() ![]() You can enter your own comparisons in Tradingview if anyone wants to try more.but I tried a few random tickers and got nothing that looked like VW so far.Įdie 3: u/bluntzlightbeer, who doesn’t have enough karma so you know what to do apes, sent me this smoking gun.What a week for a struggling video game retailer. Nothing to see here.Įdit 2: Here's AAPL as one control. Notice anything missing from the article? Nothing to see here folks. Here is a CNN article reviewing the important stock events of, the day VW peaked and became the most valuable company on the freaking planet. I'll be working on it too, as I have time.Įdit: Another fun tidbit I forgot. It was a cover to bail out banks who were underwater on insane short positions exactly like what we're seeing today.Īny help researching this to support or debunk this thesis is greatly appreciated. BECAUSE IT WASN'T THE MORTGAGES THAT WERE THE REAL PROBLEM. This would explain Jon Stewart's eternal lingering question of why the banks were bailed out and not the citizens that held the mortgages. There obviously was a subprime collapse, but I suspect their underwater short positions were also at least partially to blame for the credit crunch in big banks, if not the true prime cause. I also submit that we have been lied to about the true cause of the 2008 crisis. I would like help finding these other spiking stocks in 2008 if they exist. I submit that they were likely short multiple stocks (not just VW) and that there were likely other spiking/volatile "basket stocks" similar to what we see today. ![]() I suspect (with little evidence thus far except the awfully suspicious chart correlations and our knowledge of the epidemic of short selling) that the 2007-2008 crash was actually triggered by financial institutions being over-leveraged in a number of ways, not just mortgage CDO's. That being said, I've seen The Big Short just like all of you and I was told the sub-prime mortgage crisis caused the global financial crisis of 2008. I do not believe the timing of these events is a coincidence. Pretty much at the exact same time as VW chills out as shown here: The final "idiosyncratic coincidence" to note is that it is not until after the VW squeeze that SPY chills out and finally begins the economic recovery. There a few periods of dips and peaks in VW, and SPY continues to fall, but the next point of interest is in October 2008, when SPY really tanks and VW simultaneously explodes in the famous VW squeeze (ostensibly caused by Porsche locking the float), as shown here: Note that this coincides with the first significant VW price increase around the same time as shown here: You can see on the chart, how the SPY candles peak in Oct 2007 and start heading downward gradually. The peak of the SPY bull market prior to the bear market starting was in October 2007. Hello Apes! I was looking at charts tonight, examining SPY behavior in prior market crashes, when it occurred to me to look at the 2007-2008 "housing crash" with the VW chart overlaid with it. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |