sigh.
No shift - we'll be at 75,000 on the S&P by December.
No shift - we'll be at 75,000 on the S&P by December.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
@Relentless What I am getting at here is...
The markets, and the world, of 2008 to 2009/2010 are wholly different from today's world. And it is not even so much a matter of the Fed. Forget the stupid Fed.
There are simply so many more dynamic changes the world has undergone since those days. A whole new generation of people, the smartphone revolution.
Jim Cramer/CNBC's growth in influence on the masses. The sheer number of new people in the markets, in the new zero commish space. CRYPTO ASSETS! Social shifts in how to make money.
It seems to me that this whole landscape of making money by trading-chair warriors is increasing exponentially. Look at the rise of this NFT nonsense. Look at RH over the past 18 months and the "memes".
I am with Yellen. We're not going to see a 2008-type crash in a lifetime. More like a rolling correction-type market. No more crashes.
Unless nukes drop. That would be a black-swan outlier, heh.
The markets, and the world, of 2008 to 2009/2010 are wholly different from today's world. And it is not even so much a matter of the Fed. Forget the stupid Fed.
There are simply so many more dynamic changes the world has undergone since those days. A whole new generation of people, the smartphone revolution.
Jim Cramer/CNBC's growth in influence on the masses. The sheer number of new people in the markets, in the new zero commish space. CRYPTO ASSETS! Social shifts in how to make money.
It seems to me that this whole landscape of making money by trading-chair warriors is increasing exponentially. Look at the rise of this NFT nonsense. Look at RH over the past 18 months and the "memes".
I am with Yellen. We're not going to see a 2008-type crash in a lifetime. More like a rolling correction-type market. No more crashes.
Unless nukes drop. That would be a black-swan outlier, heh.
Yellen is wrong - and so will be you if you blindly agree with her.
Or inflation / currency devaluing will enter heavily and offset (See Argentina).
I'm not timing anything - I'm simply telling you its coming whether people want to try and live in fantasy land their entire trading / investment lives or not.
We will agree to disagree then.
Yellen is Powell's granddaughter. Just in an alien disguise.
Why give Rickshaw so much shit then if you agree with him? Markets only go up. Corrections are now fairy tales told only by permabears.
Common man you are too smart for this braindead lemming bs. Or?...
I disagree with his STYLE of BS. He disappears during corrections/bear markets and only resurfaces when the markets are on an obvious bull run. Just like his pal EqtTrdr.
He doesn't have the guts to post a real trading journal, and just tells everyone to buy anywhere. But when shit hits the fan, he gives nobody any advice on what to do.
He's a horrible mentor, and is confusing the n00bs.
Your missing the daytrader point. What happened yesterday, last week etc doesn't matter.
It's amazing that earnings estimates keep going higher and higher and yet,
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Holy cow, a 0.50% drop in stock indexes...this is such a bargain. It will turn around before lunch....GUARANTEED.
What a beautiful day!!!
Everything in the USA is going 100% and the economy couldn't be better!!!
100% up room to go with ZERO RISK FREE MONEY $$$$
Right here since 2007!!!
ZERO RISK $$$$
"Who's your daddy?" Waxie - Trundfund
"Bring me your finest meats and cheeses"--- Earnie, $$MrMarket$$
Everything in the USA is going 100% and the economy couldn't be better!!!
100% up room to go with ZERO RISK FREE MONEY $$$$
Right here since 2007!!!
ZERO RISK $$$$
"Who's your daddy?" Waxie - Trundfund
"Bring me your finest meats and cheeses"--- Earnie, $$MrMarket$$