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The Magnificent Seven


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#1 IYB

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Posted 25 June 2023 - 01:30 PM

The Magnificent Seven


“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds

#2 da_cheif

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Posted 26 June 2023 - 07:08 AM

being bearish is easy in 1982 being bearish produced a record amount of cash in mm funds ..the market exploded and never looked back.....in 2009 the bull market correction produced over 3 trillion in mm funds.....the market exploded   ........now there is over 5 trilllion in mm funds and ur still counting 5 spentitals   .....why is that??????



#3 hhh

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Posted 26 June 2023 - 11:06 AM

It's definitely getting easier the last week or so and today.



#4 pdx5

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Posted 26 June 2023 - 01:30 PM

being bearish is easy in 1982 being bearish produced a record amount of cash in mm funds ..the market exploded and never looked back.....in 2009 the bull market correction produced over 3 trillion in mm funds.....the market exploded   ........now there is over 5 trilllion in mm funds and ur still counting 5 spentitals   .....why is that??????

  $3 Trillion in 2009 is worth $7.5 Trillion today. $5 Trillion is low magnitude.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#5 da_cheif

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Posted 26 June 2023 - 07:54 PM

 

being bearish is easy in 1982 being bearish produced a record amount of cash in mm funds ..the market exploded and never looked back.....in 2009 the bull market correction produced over 3 trillion in mm funds.....the market exploded   ........now there is over 5 trilllion in mm funds and ur still counting 5 spentitals   .....why is that??????

  $3 Trillion in 2009 is worth $7.5 Trillion today. $5 Trillion is low magnitude.

 

lolol  low magnitude........


Edited by da_cheif, 26 June 2023 - 07:56 PM.


#6 Rogerdodger

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Posted 26 June 2023 - 09:50 PM

lolol  low magnitude

I hope you are correct this time.

I really miss you during those long market declines.

....why is that??????



#7 SteveB

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Posted 26 June 2023 - 11:23 PM

because being bullish is hard in those long market declines???

#8 da_cheif

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Posted 30 June 2023 - 08:14 PM

"long market declines" ....u mean the one that ended 8 months ago and  was advanced 6 thousand pts 2 months later????   lolololo



#9 da_cheif

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Posted 30 June 2023 - 08:16 PM

 

lolol  low magnitude

I hope you are correct this time.

I really miss you during those long market declines.

....why is that??????

 

this time???  u mean for the last 8 months and 6000 pts??????     hahahaha



#10 Rogerdodger

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Posted 01 July 2023 - 02:44 PM

U R about to break even!  clapping.gifbanana.gif

 

4818.62 S&P 2022 top
4450.38 Friday's close
-368.62 underwater.