Any of you remember the 2000 crash?

[Millionaire]

If we have have a real crash now the market volatility is going to be frightening

 

[murray t turtle]

Im not saying there will be a crash, I just remember in 2000 the nasdaq started falling and a few leaders held on but only to fall as well. As the nasdaq was falling investors were pouring money into dow stocks, financials, and oil stocks. Eventually the dow sold off.
Just wondering if any of you veterans see any similarities with todays action?

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GOOD + good thing i kept the charts\3 year bear
QQQ went from $120 area to under $20, 3 year bear[>> 80%] 1999 was much better than SPY,s&p500, then.MOST likely many more traders now, so a 3 year bear is not likely;
but with 3 x inverse, 30% down = 90% downtrend, not that bearish LOL.
NQ may suffer down because of stupidity, requiring a certain% of female directors; that is as dumb as requiring a certain % male nurses.
Actually easier to short with 2 or 3x inverse ETFs... JAN tends to be up, but i sold all my longs + working inverse ETFs...[Edit \one hour to close\

 

[Laissez Faire]

Yields will only matter for the TINA (there is no alternative) stocks. Decent yield, high growth.

Do you think MSFT is going to put in another 50% year in the next couple of years.

I've no idea. I didn't expect the market to go this high in a pandemic, either.

Just because the market went up doesn't mean it will crash either.

 

[zdreg]

investors from Asia, the middle east, Africa, Europe, North America, South America were sooo desperate to dump their stocks.


today's volume is rather low. the charting software and trading platform don't freeze.

Thereforefore, it looks like the selloff is just beginning.

 

[Millionaire]

Thereforefore, it looks like the selloff is just beginning.

The Dow was making all time highs just a few hours ago

 

[zdreg]

The Dow was making all time highs just a few hours ago

Is the Dow the market?

 

[murray t turtle]

Is the Dow the market?

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NO + its no benchmark;
but it easier to slam down 3o stocks than 500/LOL But UDOW, DXD,+ SDOW are good, semi liquid markets.......................................................................................

 

[smallfil]

The Dow was making all time highs just a few hours ago

Yeah, but, the other indexes was showing weakness. I observed individual stocks showing weakness that is why I added to my short trades to balance out my long positions. I am not going to guess what happens next but, want to be positioned, if the worst case scenario happens. This is a golden opportunity.

 

[KCalhoun]

I like UVXY TZA SQQQ SDOW SPXS SOXS SRTY SARK LABD TECS TWM FAZ

 

[zdreg]

Is the Dow the market?

KCalhoun understands my comment. It was a rhetorical. remark. The Dow has not been representative for decades.