Boiler Room: The Official Stock Market Discussion

Da_Eggman

Can't trust every face you gotta watch em
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We byke

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lib123

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Portfolio only down 9% :ehh:

Hope another dip happens next week when i get paid :blessed:


"DoNt BuY tHe DiP" :mjlol:
i'm sure it can drop more, but the fukking S&P was/is down over a thousand points. that's an insane drop

if this isn't a good buying opportunity, these dudes who know where the exact bottom is should be running hedge funds :dead:

It’s not about knowing precisely where the market will bottom. It’s looking at what pushed the valuations to new heights and looking at past cycles. The government stimulus and Fed pushed Nasdaq to record highs. That is being withdrawn along with unprecedented and erratic political uncertainty. And historically, the last time Nasdaq was as overvalued as it was a couple months ago was March 2000. Nasdaq fell 75-80% before bottoming out in ‘03. And during that 2000-03 decline there were four (4) bear market rallies of 40% or more.
 
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Bboystyle

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It’s not about knowing precisely where the market will bottom. It’s looking at what pushed the valuations to new heights and looking at past cycles. The government stimulus and Fed pushed Nasdaq to record highs. That is being withdrawn along with unprecedented and erratic political uncertainty. And historically, the last time Nasdaq was as overvalued as it was a couple months ago was March 2000. Nasdaq fell 75-80% before bottoming out in ‘03. And during that 2000-03 decline there were four (4) bear market rallies of 40% or more.
Saved for later :mjgrin:
 
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