Whats with the mini crash today?

[dozu888]

true
but no one gets rich in 2 months.
buy and hold for 6-24 months
agree

ha I just made a post about super cycle.... in my mind it's something like thru the next trump term, then the valuation will finally catch up to 'fair' and the market will start to worry about post-trump.... but who knows.... 6-24 ain't too far off, who knows when the dumb money really rush in blow off can happen.

Padu I often think about you when I make these posts as you are one of the very few here who read it right... very few.

 

[d08]

Prequel for what's to come, that low will be tested and later on, down we go.

 

[ironchef]

call the f'cking bank tomorrow.... otherwise, decades from now and with your grandson on your lap and he be asking 'grandpa where were you during the great super cycle?'..

and you be saying - 'sigh, I was shoveling shit, in Louisiana' - General George Patton.

I did. Banks won't return my calls. I already maxed out my mortgages, both first and second. Maybe I should max out my credit card like @wabu27? But credit card loan is expensive, they charge 25%/year.

Anyway, I am amateur retail, part of the dumb money class, we provide liquidity to your pro boys.

 

[d08]

Is it a real reason for such decline?))

View attachment 219884

Corona-virus fears don't just grow in minutes like that. The people who write these news pieces are always just finding reasons, typically it's random. Market goes down, they have their list of potential reasons and just choose one. Without Corona it would have been "Trump comments.." or "China deal..." or "Brexit worries...", all the same crap.

 

[padutrader]

Padu I often think about you when I make these posts as you are one of the very few here who read it right... very few.

it is all about what you want and how you want to get it.

if you want to get rich then buy good companies.

I made a 1 00 000 bagger by buying HDFC Bank in 1994.

but if you want to have fun then trade short term

 

[padutrader]

Corona-virus fears don't just grow in minutes like that. The people who write these news pieces are always just finding reasons, typically it's random. Market goes down, they have their list of potential reasons and just choose one. Without Corona it would have been "Trump comments.." or "China deal..." or "Brexit worries...", all the same crap.

'how much they have cost us the evils which never happen'-Thomas Jefferson

they cost the bears massive

 

[schizo]

Corona-virus fears don't just grow in minutes like that. The people who write these news pieces are always just finding reasons, typically it's random. Market goes down, they have their list of potential reasons and just choose one. Without Corona it would have been "Trump comments.." or "China deal..." or "Brexit worries...", all the same crap.

Going all the way back to the early 90s, I could remember there always being a "reason" for every market move. Usually it's the same old spin. But it never ceases to amaze me how traders would fall for that same crap even to this day.

 

[tsfx]

along the way there will be corrections, some may get to 20% who knows.... but why does it even matter, 20 or 15 or 25....

I been pounding the table that the earning yield has to CATCH DOWN to fixed income and p/e will get to 50.... and why is there NO COUNTER-ARGUMENT?

If your argument were to be true then EU, UK etc indexes should also be trading through the roof. The fact that some of them actually trade near 2015 levels invalidates your whole point.

As i mentioned earlier, it's still all about the US tech stocks that is driving valuations. We live in a fast fashion enviornment where we care more about seeing Bezos, Musk, Zukerberg and the likes in the social media making us desire to live the same trillion dollar life.

 

[d08]

Going all the way back to the early 90s, I could remember there always being a "reason" for every market move. Usually it's the same old spin. But it never ceases to amaze me how traders would fall for that same crap even to this day.

Sometimes it's true but it's true only for large events which happen rarely. Brexit vote did increase volatility dramatically and it was the catalyst. Ditto for 9/11. Have to remember that the people writing the articles are not traders nor do they care.

 

[Bugenhagen]

if people can't read this price action then just stop lol....

I have made way way over your 500k this year, 20th Feb 2020. Not in the past 12 months. If you can't trade with leverage and just long until you are wrong like every big mouth in every bull market... You should be banned as you talk gibberish but noobs don't know this.

8000 is an attractive number

it's not over confidence when you see all the cards....

amazes me that so few do....

they say you don't know what you don't know.... I guess you don't know what you know as well..

I thought market already shown all the cards, why so few see them.

if I really bother to spend time to find the answer I will... because all the methods people use are shit.

Situational Analysis (R) -

it truly feels like I am talking to a bunch of blind people.... amazing..

Stop referring to gambling all the time, we get it lucky numbers, 888 casino (way too many ads for this) and you drink at your desk but we know you can't handle leverage, you would lose control.

Going long and adding to a long using you day job salary on qqq is investing, not trading.

You mentiond making a half million in the last year, I have made more than that this year (2020) as an actual trader on leveraged instruments which many of actually can handle.

And again, I want a shrimp po boy(r) for breakfast.