S&P500 loses its 2020 gains in one day by samstonehill

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bitcoin · @samstonehill ·
$3.54
S&P500 loses its 2020 gains in one day

![Screen Shot 20200224 at 19.17.37.png](https://files.steempeak.com/file/steempeak/samstonehill/wpZEMFyW-Screen20Shot202020-02-2420at2019.17.37.png)

This looks a lot like game over to me. Though I will be the first to admit I have been wrong about this (multiple times) in the past!

Bitcoin on the other hand has gained around 45% this year and with the halving just three months away, the only way is UP!

The cup & handle pattern I mentioned yesterday is still playing out as expected.

![Screen Shot 20200224 at 19.50.29.png](https://files.steempeak.com/file/steempeak/samstonehill/7ijhYAQJ-Screen20Shot202020-02-2420at2019.50.29.png)
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vote details (78)
@lucylin · 
_This looks a lot like game over to me. Though I will be the first to admit I have been wrong about this (multiple times) in the past!_

Same with me - since 2010 ish! lol.
The music _has_ to stop at some point though, and the there ain't enough chairs, thats for sure.
👍  
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@samstonehill · 
I think there are a few of us who have been going on about this for the last ten years!  I wonder if anyone is still listening?

This time however things feel different (don't they always!) because the virus has been perfectly timed to mask the true cause of the crash.
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@lucylin · 
![viking flats - Copy - Copy (2).jpg](https://cdn.steemitimages.com/DQmRyGWSKswGHJmZjgrHhg2cJ8aypRPT1wrwVfTnQT67FLp/viking%20flats%20-%20Copy%20-%20Copy%20(2).jpg)

Our tin foils hats will soon be vindicated!

(people with hair can have tinfoil hats to, apparently)
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@rollingthunder ·
$0.03
And it's Gone.......We will see if this BTFD will hold, as the Market, is telling us there is no problem, but the supply chains are broken, if there is no product to deliver, products aren't produced.....This thing is not over by any mean....

Posted via <a href="https://steemleo.com/">Steemleo</a>
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vote details (5)
@samstonehill · 
Thankfully I don't have anything to lose if and when this market tanks.  But I know plenty of people who do.  My mother included! Will be watching carefully today...

The virus situation feels perfectly timed to mask the true cause of this inevitable crash.
👍  
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vote details (1)
@rollingthunder · 
Yes, I believe that a crash could be in the cards, max pain right before the election.   But the unlimited printing of debt is un-sustainable for us and our children.   So I see Precious Metals as the safe haven.  Thanks for posting @samstonehill
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