The nikkei 225 still hasn't regained its peak from 1989. It also matters whether it's going to come back in your lifetime. It took what 25 years to come back from 1929? And that's just to get even. I imagine most people would like some return for tying up money for 25 years.
OK. So by your metric, the market never recovers, ever. Is the market still at 1929 levels? You are completely missing the point and arguing stupid shit. WTF does 1929 have to do with anything I typed? Re-read what I typed, and stop being stupid.
Yes, if you put the ET link into the bot and click the "roast the website" button. Pointless as a Dilbert Jargonator. Remember that AI? Heheh. Probably not. But what fun it was.
The thing that is stupid is buying overpriced crap because "Don't worry it will come back someday" or "Don't worry it's a bundle of different crap." The notion that a whole market can't go to zero is provably false. Russia 1917. China 1949. Those weren't indexes that went down. Those were entire countries. The notion that time doesn't matter is stupid. If you bought something that's going to be down for 30 years and then break even, the stupid one is not the person pointing out that's a bad idea.
Yah at least the US Dollar is backed by gold. Oh wait. Not anymore. It's backed by threat of bureaucratic and military force of punishments. Not Bitcoin though. Backed by technology and positive incentives.
Exactly\commie countries\control= freak countries. Even the one that tries to control=freak capitalism, commie chicoms\ killed all the sparrows= oops\ 30 million people died in the hunger plague when grasshopper multiplied to the max.[WSJ old news] Strange but true\ i was looking @ 93+ then 107 year chart of S&P 500 early today But putting money in all months= millionaire/multimillionaire; or sellin' some on occasional, say every 5-7-50 days days, may or not outperform SPY, but no way would one get burned for 25 years or even 10 years. Do some QQQ or get off leverage in latter stage bull markets, as IBD Warns +do even better....................................................................................... OIL + nat gas went below zero\ nothing like ''panic sellers never win '' like Art Cashin says. Even if US debt gets downgraded again, panic seller$ never win.
Panic selling is moving fast but too late. Sometimes traders are forced to on a sudden vicious dump which arrives out of nowhere. Secret is to get in quick again on the turn to save some of your loss. I've noticed dumps usually always rebound, but the rebound then usually collapses too.
%% Exactly\ but that pattern is much much more common in weak weak single stocks or in a down\trending bear market. Back to my up/trending50dma/bull market,2023 in QQQ...................................................Plenty of panic sellin' is caused by retail withdrawing scared money from long funds in a bear market\bad money management\no good plan.
told ya so. The nasdaq is up 2.8% since I made the original post below. BTC is up 11.5% https://www.elitetrader.com/et/thre...ng-look-at-bitcoin.373161/reply?quote=5781530