This market does not even resemble that of 10-15 years ago

Jeff bezos is now the richest man in the world....with $90 billion...thanks to the surge in amazon sharess....amazon has earnings after the close...we all know amazon is the world's most perfect stock now...it cannot do wrong ...so after tonight's earnings the stock should easily rally another 5-10%...more free money for everyone!! They say amazon will now be the first trillion dollar company....they said that about Cisco back during the dot com boom and they said it about Apple but now it's supposed to be amazon.....market just keeps printing free money....no such thing as a down market with the Fed at the front of the markets...amazon should thank the Fed for all those trillion dollar bailouts back in 2009 or amazon wouldn't be a $1000+ stock today!
 
They say amazon will now be the first trillion dollar company....they said that about Cisco back during the dot com boom and they said it about Apple but now it's supposed to be amazon....!

AAPL market cap is $800 billion at current prices, only a matter of time before it hits $1000 billion.
Thats just a 25% stock price increase. It could gap open up that much in one morning:D
 
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Jeff bezos is now the richest man in the world....with $90 billion...thanks to the surge in amazon sharess....amazon has earnings after the close...we all know amazon is the world's most perfect stock now...it cannot do wrong ...so after tonight's earnings the stock should easily rally another 5-10%...more free money for everyone!! They say amazon will now be the first trillion dollar company....they said that about Cisco back during the dot com boom and they said it about Apple but now it's supposed to be amazon.....market just keeps printing free money....no such thing as a down market with the Fed at the front of the markets...amazon should thank the Fed for all those trillion dollar bailouts back in 2009 or amazon wouldn't be a $1000+ stock today!

So short right?
 
Twitter a complete waste of energy . Apparently posting 95% winners realtime is not sufficient to attract any attention.

Thus. I retire from posting.

Withdrawal will not be easy, but within a week, I'll be cured.

No need to comment, the iq here isn't much better .
 
Twitter a complete waste of energy . Apparently posting 95% winners realtime is not sufficient to attract any attention.

Thus. I retire from posting.

Withdrawal will not be easy, but within a week, I'll be cured.

No need to comment, the iq here isn't much better .
Don't let the door hit you on the way out :)
 
You poor bears must be really depressed, eh. Tough to be wrong for so many years. I really feel for you.

... oh wait ... i'll be back in a second ... let me take some profits. :) :)
 
10-15 years covers the period 2002 to 2007.

Actually 2005,2006, and most of 2007. were not the best trading years either.

Just look at the VIX in 2005 and 2006 it was around what it is in 2017.

The daily ranges in the ES and YM (in points) was often even less than it is today.

I remember an ET thread started back in 2007 that opened with how many 100s of days it had been since the market had had a 2% drop in one day.

Here is the thread its still running and shows how the markets (US stock indexes at least) haven't changed much in over 10 years.

"928 days since the SP500 had a one day decline of >2%... Why argue against facts and statistics!!!!! Dipsters know: THERE IS NO RISK!!!!!!!!!"

https://www.elitetrader.com/et/threads/gotta-love-zero-risk-in-the-sp500.85694/


Checked that thread and laugh at the people complaining of lack of volatility, and the market becoming efficient - that was less than a year before the financial crisis and volatility/inefficiency of 2008. Wonder what is different this time. Sample quote from then, explaining the situation.

That's a good point.

It reflects:
1. improved exchange regulations that prevents manipulative moves.
2. much more sophisticated investors and traders; with computers and mathematical models to manage their portfolio. No need for knee-jerk reactions.
(would you consider 2-line MA a mathematical model? :D )

i.e. we can have a 9,000 day uptrend without a one-day >2% correction.

or,

we can have an up cycle followed by a down cycle without experiencing a one-day >2% move!


if you are OLD, you will remember the Limit-Down days.:D
 
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