LOL I know that feeling. But you'll be fine in the long run. However, it will likely get bumpy over the next few days so brace yourself.
You hounded Darc in his thread "how hard is full time trading" and I answered the challenge, similar to how another boxer enters the ring during sparring after the champ wears out the first guy, but the mods deleted all your posts. Don't get mad, I'm game for a slap fight but please not in this thread.
Well, good then, because Darc turned 180 degrees from being my most fervent fan, to my most hateful follower. There is something wrong with him, in the head. At least the people who really hate me, hate me consistently.
This time, unlike April or July, it's gonna hurt. Mark my word. Also you seem to conveniently forget what you have said (in fact, vehemently) in the past: that we will NEVER see another correction in our lifetime. Also have you forgotten already about this chart that I've posted? Yeah, I see her dancing to the tune exactly like she should, baby.
I concur. For the first time in my trading career, I can see with clarity in Q3. Stay the fuck out if you are a long.
Record breaking market capitalization in 1 single trading day!! The decline erased $278.9 billion from Nvidia's market value. It's the largest one-day market cap loss for any U.S. company on record, exceeding Meta Platform's $232 billion decline on Feb. 3, 2022. was down 6.2%. Broadcom will release its quarterly earnings later this week.
Eeeek, so if this happens in the next 3 months, this 360 QQQ, this could be one of the biggest drops for an election year for stocks!! This is 2024, an election year that proven by historical measures is a guaranteed up year no matter what...... So what's going to happen is simple.....all those begging for rate cuts will finally get to see them as the fed will drastically cut rates as the markets and tech stocks collapse. They will wait for nasdaq to really collapse and then they will be cutting by 50 basis points each meeting into mid 2025..... By End Of 2025 rates will be under 3% and the nasdaq under 12,000!! Without semis and nvda nasdaq is worthless.
Go look up Greenspan's "2000 surprise rate cut". That's practically how it went down back then. And we all know what happened to the Nasdaq afterwards. Ain't saying that's gonna repeat this time as well, but history don't repeat itself for nothin'.
That 10 AM down $3 in seconds QQQ thing is wild. I know it will just V, but that was insane. These algos are out of control.
Yep, that was the bottom. Massive V like always. Massive Pump! Stocks already going back up. Market never stays down for long. The V force is just too damn strong. There is just no way they can ever keep this market down for long.