Market never goes down, everybody is a winner? Just go long at anytime and wait a little? (also Bitcoin last year) I wasn't active in those years that is why I am asking.
Took a mutual fund... "Ultra"??? Bought it at a dollar, sold it 9 months later for $1.30-$1.40. I want to say..... '96?? (We rejuvenated the exterior of a 3-unit Queen Anne Revival. "Yay, us!") That was a small taste. Played an office pool (My entry: The Detritus Fund -- where I bought/sold according to a 5-minute review of the prior day's WSJ Worst Performers list.... kicked ASS.) But divorce put off anything expansive until for another 5+ years.
That was basically it yes...never a down day until one day it all ended!!!! But back then I feel there was just alot more volatility and fun in the markets, today is just boring as fu$k with zero volatility.....
90's was insane, laughing clown, euphoria -- modern times are relatively bland and boring and tame and systematic and logical. I wasn't trading either in that era, my time was occupied with playing computer games. My Windows 98 PC was truly a magical portal for me. If I were trading then, and know what I know now then, I would have been Dan Zanger 2. I would be so rich, if I could magically transport to the mid/late 90's market right now. In that environment. without of course the benefit of hindsight. -- and the 2000 crash wouldn't have affected me either, it would just positively amplify things.
I think I remember that mutual fund, uspix or something like that, it was the only way at the time to play short or long x 2.... then the ETFs came out some years later....
Way different, this market is steadily going up but in the late 90's, you could routinely take a flat base breakout on a high beta mid-cap tech and make 20-100% in minutes...over and over and over. It was absolutely crazy.
Exactly bland and boring.......this is nothing compared to the 90s...today they just jam the same Dow stocks higher, and since it's a weighted index it's not hard to take 10-12 Dow 30 stocks trading in the 100-300 price range and push them up 1% for an easy 100+ point return on the Dow day after day after day...