stock market crash

[DealorNoDeal]

Gotta to love symmetry - Following massive gains in the late 90’s the Nasdaq played out thusly:


March, 30% crash

July, summer rebound

September 10th, 72% crash


Today - look familiar?

You'd be my hero if you were long on this market.

FWIW, today looks more like early 99 after the rebound from the Oct 98 low. I remember it well. Everyone thought the party was over, but the Nasdaq went on to nearly quadruple off that low.

I wouldn't rule out Nasdaq 20,000+ before this ends.

[BABABlackSheep]

Shorted Tesla 3 days in a row at 5x leverage on eToro of all places.

Made quite a bit, but **** me is shorting nerve racking. Including the WE that was 7 days. How the hell people can sleep doing this tulip is beyond me.

Nicely done.

So..the 2nd biggest shareholders after Elon Musk, dumped 2/3 of their Tesla Stocks days before a rout on the shares(and yes them selling would have helped that) making 13BN !!!! in the process, and then yesterday Tesla dropped 21% again, mainly because it’s been snubbed on S&P500 entry(trackers buying etc). Insider dealing..anyone?

Wolves and Sheep guys. Understand we are the sheep, and watch closely what the wolves are up to.

Also, talking about shorts. Mentioned it before, but basically just look at the most bought/most viewed list of the private trading platforms. Anything getting pumped as hell almost always takes a heavy fall sooner rather than later.

[scooterscot]

FWIW, today looks more like early 99 after the rebound from the Oct 98 low. I remember it well. Everyone thought the party was over, but the Nasdaq went on to nearly quadruple off that low.

I wouldn't rule out Nasdaq 20,000+ before this ends.

Totally - the massive melt up phase could continue until we reach a new galaxy. Noticing the FED continue to reduce their balance sheet. Not a peep about this, not even in the FT.

[Andy2]

Gotta to love symmetry - Following massive gains in the late 90’s the Nasdaq played out thusly:


March, 30% crash

July, summer rebound

September 10th, 72% crash


Today - look familiar?

You'd be my hero if you were long on this market.

so by your simple logic this happened in march 2000 means it will happen again in march 2020 ?

[BABABlackSheep]

so by your simple logic this happened in march 2000 means it will happen again in march 2020 ?

His logic is better than that.

He’s comparing the dot.com bubble burst of companies with no more than a domain name, to that of a crash brought about via the worst global pandemic in 100 years.

There is a new way of working, and that’s all about remote working, cloud services, online retailing, social media...

Oh..and who controls all of that..Amazon, Microsoft, Google(Alphabet), Alibaba, Apple, Facebook.

They aren’t going anywhere.

[clearedforlanding]

His logic is better than that.

He’s comparing the dot.com bubble burst of companies with no more than a domain name, to that of a crash brought about via the worst global pandemic in 100 years.

There is a new way of working, and that’s all about remote working, cloud services, online retailing, social media...

Oh..and who controls all of that..Amazon, Microsoft, Google(Alphabet), Alibaba, Apple, Facebook.

They aren’t going anywhere.

Valid point, but I believe for the moment this is already more than priced in.

[BABABlackSheep]

Any views on the Japanese stock market?

Warren Buffett’s Hathaway invested $6 Billion the other day so he’s seeing something.

I’ve got a small % portfolio exposure to smaller Japanese companies via BGS.L and its been doing well recently.

[clearedforlanding]

'kin hell. Thank god I am trading on a paper account today.

TSLA is absolutely the current XRP

[_V_]

His logic is better than that.

He’s comparing the dot.com bubble burst of companies with no more than a domain name, to that of a crash brought about via the worst global pandemic in 100 years.

There is a new way of working, and that’s all about remote working, cloud services, online retailing, social media...

Oh..and who controls all of that..Amazon, Microsoft, Google(Alphabet), Alibaba, Apple, Facebook.

They aren’t going anywhere.

And what car are those these rich techies going to drive? Teslas of course!


Thank goodness we are all in the tech industry with all this mega paid work ahead of us.

[clearedforlanding]

I am in the green again - IT IS TERRIFYING.