Search results

Actually, I think he's a bit mistaken in his analysis. First, back in 1999, most people followed the market by watching CNBC. Even though Internet was available, unless you were a day trader like me, you got your information mainly through old skool outlets. He also states that everyone was...

Only 500, ya pussy? Why not 5000? I seriously think you should just STFU and go long. Yeah, why don't ya sell your house, including your wife and children, as well as your entire savings and buy, buy, buy! Who knows, you might become an overnight millionaire that you've always envied. :sneaky:

All this time, you've been bitching nonstop about the market going higher, and when I finally agree with you for once, you change your mind? LMAO. Okay, wise ass, you're on your own.

Yes, under 3 scenarios: US default, world war, and AI, especially if they spiral out of control. True, today's market is vastly different from the past. But then again, we didn't print money back then like there is no tomorrow either. Back in the 90s, the possibility that the US could default...

This is how it would look if Nasdaq were to drop by the same magnitude it did back in 2000 (-72.98%). Coincidentally, we would be more or less right back to 2000 level. No biggie. :)

No offense, bro. But why do I need a validation, especially from you? Nobody gives shit whether I make or lose money, just as I don't really care whether peeps here say they're rich or poor. Relax for once and just have a good time. Nobody comes here wanting to get pissed off.

Okay, this will be my last reply so pay attention. I'll quote what @S2007S wrote above. Had you lived through the Nasdaq bubble in the late 90s, especially 1999, you would know that everything played out exactly as he wrote. (Now, I ain't saying the market will crash in the same way circa 2000...

Dude, real or fake, I've been trading the market a lot longer than you. Just where were you in 2000, huh?

You've never heard of the dot com crash of March 2000? The Nasdaq tumbled nearly 80% from its peak and it took like 10 years to recoup that loss. This time, if we plunge 80%, I doubt we could recover in such a short time.

*Sigh* My reference to 1999 was about sheer speculative market mania by these unsophisticated public, what Alan Greenspan dubbed then as "irrational exuberance". Either everyone is too young or too damn old to remember what happened. As for you, whatever. :rolleyes:

This is EXACTLY what happened in 1999!

LOL That book is a complete rubbish. I have it and, in fact, I'll sell it to you for 1/10 of that price. :)

I could have drawn at the top. But ultimately it's the context that matters. For example, where does it close in relation to the previous resistance. If it's a failed breakout, should the high for that bar be counted as legit, etc? Consider the following scenario with regards to the chart below...

Dude, if this was the FIRST failed attempt, then I would agree it will reverse and go back up. But how many times have we crossed below your "invalidation line"? By now, that line is completely meaningless.

When you're drowning in so much losses, aka Painus Maximus, I can assure you the last thing on your mind is TA. :)

It's another fucking brainwashed cult, just like Bitcoin fanatics.

Anything is possible on the sim, right? Or am I missing something? :rolleyes:

Wishful thinking. At this point, 60K is pretty much in the cards.

You would be a naive noob yourself to ask, "Oh why do all these noobs get out at the bottom?" because it shows that you've never traded the bear market. If you had, you would know that what took over a month to rise in a bull market can be torn down in a single day in a vicious bear market. It...

So you believe Crypto is a ponzi while GME is not? Moreover, you believe what Roaring Kitty is doing is being "transparent" and not another pump-and-dump? You leave me totally speechless. Have a nice weekend.