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I remember, I was there


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#1 Chilidawgz

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    A fool and his money... (the second mousie gets the cheese)

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Posted 15 February 2024 - 09:20 PM

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Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#2 OEXCHAOS

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    Mark S. Young

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Posted 16 February 2024 - 01:36 PM

Me too!


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#3 12SPX

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Posted 16 February 2024 - 03:05 PM

Me three, was so exciting.....



#4 Chilidawgz

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    A fool and his money... (the second mousie gets the cheese)

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Posted 16 February 2024 - 06:17 PM

Doncha think we are in the same kind of mania? Before it was the internet mania,

today it's AI.

 

I think today's mania transforms to a dot.com type bust.


Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#5 pdx5

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    I want return OF my money more than return ON my money

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Posted 17 February 2024 - 02:23 PM

Doncha think we are in the same kind of mania? Before it was the internet mania,

today it's AI.

 

I think today's mania transforms to a dot.com type bust.

As one who worked many years developing "expert" software for computer controlled manufacturing, 

AI is indeed a mania by people who do not understand software. Microsoft, famous for Windows operating system, had to send me more than thousand updates and each update has some new bugs in it. And Microsoft is the one of the leaders in AI? Give me a break.

 

However keep in mind it is very risky to short any mania. Tops in any Parabolic moves are difficult to forecast. 


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

#6 hopoco

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Posted 18 February 2024 - 02:03 AM

Yes, I was there too. Still remember that one day drop, dropped like a big rock...