I'd bet I know more about long term Asset allocation, Economics, Accounting, Technical Analysis, Trading and a host other subjects than you. Instead of venting your failure as a Trader onto others on here, perhaps show some integrity and accept you should be looking inward rather than projecting your own short coming onto others with abuse etc.
Good Evening Overnight, I posted on your journal my friend to help you out man. Do not worry about the other ET traders right now in your life. https://www.elitetrader.com/et/threads/and-they-have-a-plan-live.306838/page-85#post-5989408
The bottom line is when someone such as yourself remains highly delusional about markets, failing to educate themselves about what they are, they will pay a price for many years for doing so. Apparently being wrong for decades doesn't phase you. Ken Calhoun paid a price for his delusions and I have no doubt you have as well. It is what it is. Your opinions are often ridiculous. I could go over what you said in the past but your strategy now seems to be to make grandiose excuses for why you were wrong.
Why are so many of you traders prone to believe conspiracy theories and expect extreme events at all times ? I remember at the last US market bottom suggesting people should be looking at bargains and so many on here were obsessed with shorting the crap out of everything ( eg Calhoun's monthly declaration that Covid lows would be revisited within months ).
Based on your often blind belief in Calhoun on here, my sense is that you lack common sense. If you are even a bit serious about what you post on here, and not trying to be funny, you need to rethink your ideas. Book smart perhaps but you come off as gullible on here.
Back on topic. Crashes and even Recessions are less likely (I said less, not unlikely) due to an increased understanding of Economics by Central Banks nowadays. Progress.
Yes and no. Better way to see them is like airplane pilots. Tech has gotten better so crashes are few and far between, but still nearly all crashes happen with a pilot in the cockpit.
(SEMAFOR) Nvidia delay could drag on tech giants Ann Wang/Reuters Nvidia’s hotly anticipated new artificial intelligence chips are apparently delayed due to design flaws. The problems could push shipments of its next-gen Blackwell chips back by months from Oct. 2024 to sometime in 2025, The Information reported. Nvidia’s semiconductor chips are the workhorse of the nascent AI tech boom, giving the company an estimated 80% market share — a dominance that means its success or failure significantly impacts the health of the tech industry as a whole. The apparent delay comes as tech stocks took a beating last week, while a top hedge fund reportedly told investors Nvidia is in a “bubble land” and its tech “overhyped.”