History will say the mainstream financial media were highly complicit in ONCE AGAIN stoking the speculative frenzy preceding global system meltdown.
Note Nasdaq down volume on the left shoulder when Meme frenzy 1.0 ended. pic.twitter.com/JEhQWbnSWU
— Mac10 (@SuburbanDrone) August 6, 2023
In 2008 and 2000 no one expected a crash. Even weeks before it happened the narrative was the economy had slowed but the worst was already over.
Then the bottom fell out.
— Financelot (@FinanceLancelot) August 6, 2023
I predict that Reddit-generated option manipulation is set to explode amid record down volume. pic.twitter.com/x7ChbYQZZk
— Mac10 (@SuburbanDrone) August 6, 2023
Right on time, the meme frenzy is back.
Note MEME ETF was created at the all time high, and then collapsed.
Note 3 wave lower high considered major victory for small investors:
"Meme army hits bears"t.co/GohhhuD5qT
Preceding their FINAL wipeout. pic.twitter.com/i6kvYcGhZL
— Mac10 (@SuburbanDrone) August 6, 2023