Doesn't anyone remember 2000?

Quote from stock_trad3r:

Dummy, the markets are hardly down. Nasdaq and Spooz flat.

There are no comparisons between now and 2000
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imo its better to compare 1929 or 1987 instead of 2k
 
Quote from athlonmank8:
Does this move today spur anyone's memory?! :D

WEEEEEEE
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A 0.5% down day should spur a memory of what exactly? Of other 0.5% down days we have seen before? :confused:
 
its funny how everyone is so worried about the 20 year anniversary of the 1987 "DIP"....

There is no need to worry, the markets will rally today and everything will be fine, cnbc has repeated it about 4865 times this morning, everyone knows that the 22% dip in 1987 only created one of the biggest buying opportunities in HISTORY, so why the worries on this anniversary.....
 
This is the reason why mkts will continue to go up, because you and other fools still remember and keep harping on 2000
when you start forgetting abt it, it will crash

the cycle is not yet complete

Quote from athlonmank8:

Oh wait, few of you guys were around during that period. You only got the perma -bull half. Now it's time for the real fun. Losing. It's time for the longs to grab some popcorn because now the market's going to teach you how to REALLY invest.

Now let me update you on what happened.

Prices decline over the summer. Everyone wondered what the hell happened and no big deal.

Then WACK. We got nailed. Just like today.

The same scenario is playing out EXACTLY like 2000. Those of you who were around and were in techs remember it well.

Those of you who are long and simply too dumb to sell....will learn the hard way.

Remember, investing comes with experience. It now begins.
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I watched on a 10 inch (green) computer screen as my clients (I was a broker at the time) portfolios dropped from 10 million to 4.5 million in 3 days.

It was a catastrophe on epic scale at the time.

:(
 
Quote from Joab:

I watched on a 10 inch (green) computer screen as my clients (I was a broker at the time) portfolios dropped from 10 million to 4.5 million in 3 days.

It was a catastrophe on epic scale at the time.

:(
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All the while you told them over the phone not to worry, "Stocks for the long haul! Investing, buy and hold (hope)."

Brokers, what a scam. At least back in the old days you could tell who the bandits were, wearing bandannas. In the late 90's they wore suits and ties.

Good Luck!
 
Quote from stock_trad3r:

Dummy, the markets are hardly down. Nasdaq and Spooz flat.

There are no comparisons between now and 2000
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I used to talk like you before April 2000.

I went from perma bull to mostly bull. and thats no bull!

Pull in your horns and strap on the seat belt.
 
I remember the bubble burst. In fact I was just starting out back then. Everyone and their Mom were yelling DOOMSDAY! AHHHH! It was a really great market to learn in. I personally love large retracements and downward spirals. They move big and do it a hell of a lot faster than holding indices or blue chips long. Word of advice to those who've only been around a few years, LEARN TO SHORT... and learn to love the market you're in because EVERY type of market brings money...
 
Quote from Algorithm:

All the while you told them over the phone not to worry, "Stocks for the long haul! Investing, buy and hold (hope)."

Brokers, what a scam. At least back in the old days you could tell who the bandits were, wearing bandannas. In the late 90's they wore suits and ties.

Good Luck!
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I'm not proud of it but that was the protocol back in the day (not much has changed).

That's ultimately WHY I crossed the river and became a trader. :)
 
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