Sucker Rally alert

I respect all you guys who post here and admittingly most are probably more talented than me, but I cannot understand how you take guys like stock seriously. I always wonder whether stock, regal and others are just pulling eveyone's chain, that is the way I understand it anyway.
I picture these guys posting, then sitting back and having a good laugh for themselves.
Guess I'm just cynical, must be a N.Y. thing
 
Quote from stock_trad3r:

I am as bullish now as I was when the dow was at 14,000, which is a very unpopular opinion. This is just a shake out.

Yup, a 5000 point shakeout. Moron.
 
Quote from l2tradr:

Yup, a 5000 point shakeout. Moron.

if you measure YOY so far the DJIA is only down 32 percent. If it gains another 15% in the next three months it will only be down 15% YOY. That is a setback, but not a catastrophe. You have to put things in perspective.
 
Quote from stock_trad3r:

That is a setback, but not a catastrophe. You have to put things in perspective.

Here is a 12-year perspective on Nasdaq:

10ici1c.png


Based on this chart, do stocks go up or down over long term? I have no idea.
 
Quote from stock_trad3r:

I was referring to the DOW. The nasdaq chart is distorted because of the tech bubble.



Tech what????


did you say bubble?????
 
Quote from nonlinear5:

Here is a 12-year perspective on Nasdaq:

10ici1c.png


Based on this chart, do stocks go up or down over long term? I have no idea.


The nasdaq will take at least 10 years before it sees 5000 again.
 
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