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#11
10-22-2022, 02:12 PM
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After the market bottomed in 2008 early 2009 at under 7k Dow, and it came all the way back to 14K or so, people with your philosophy would have been screaming sell because the market is so far up it has to come back down. A guy who was advising me begged me to sell and on top of that to buy VXX. Guess what, it kept going up and up and up from there without any really steep decline until the pandemic. You just can't know.
And I wish I had bought AMZN at every record high it hit from 50 to 3000. No you can't tell in real time.
__________________
Four phrases I nave coined that sum up today's hobby: No consequences. Stuff trumps all. The flip is the commoodity. Animal Farm grading. Last edited by Peter_Spaeth; 10-22-2022 at 02:16 PM. 
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