Any of you remember the 2000 crash?

Discussion in 'Trading' started by gunner_trader, Jan 5, 2022.

  1. Millionaire

    Millionaire

    If we have have a real crash now the market volatility is going to be frightening :wtf:
     
    #11     Jan 5, 2022
    murray t turtle likes this.
  2. %%
    GOOD + good thing i kept the charts\3 year bear:D:D
    QQQ went from $120 area to under $20, 3 year bear[>> 80%] 1999 was much better than SPY,s&p500, then.MOST likely many more traders now, so a 3 year bear is not likely;
    but with 3 x inverse, 30% down = 90% downtrend, not that bearish LOL.
    NQ may suffer down because of stupidity, requiring a certain% of female directors; that is as dumb as requiring a certain % male nurses.
    Actually easier to short with 2 or 3x inverse ETFs... JAN tends to be up, but i sold all my longs + working inverse ETFs...[Edit \one hour to close\
     
    #12     Jan 5, 2022
  3. I've no idea. I didn't expect the market to go this high in a pandemic, either.

    Just because the market went up doesn't mean it will crash either.
     
    #13     Jan 5, 2022
    murray t turtle likes this.
  4. zdreg

    zdreg

    Thereforefore, it looks like the selloff is just beginning.
     
    #14     Jan 5, 2022
  5. Millionaire

    Millionaire

    The Dow was making all time highs just a few hours ago :D
     
    #15     Jan 5, 2022
    murray t turtle likes this.
  6. zdreg

    zdreg

    Is the Dow the market?
     
    #16     Jan 5, 2022
    KCalhoun and murray t turtle like this.
  7. %%
    NO + its no benchmark;
    but it easier to slam down 3o stocks than 500/LOL:D:D But UDOW, DXD,+ SDOW are good, semi liquid markets.......................................................................................
     
    #17     Jan 5, 2022
  8. smallfil

    smallfil


    Yeah, but, the other indexes was showing weakness. I observed individual stocks showing weakness that is why I added to my short trades to balance out my long positions. I am not going to guess what happens next but, want to be positioned, if the worst case scenario happens. This is a golden opportunity.
     
    #18     Jan 5, 2022
    murray t turtle likes this.
  9. KCalhoun

    KCalhoun

    I like UVXY TZA SQQQ SDOW SPXS SOXS SRTY SARK LABD TECS TWM FAZ :D
     
    #19     Jan 5, 2022
  10. zdreg

    zdreg

    KCalhoun understands my comment. It was a rhetorical. remark. The Dow has not been representative for decades.
     
    #20     Jan 5, 2022
    murray t turtle and KCalhoun like this.