Stock of the Day

Out of context: Reply #217

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  • sarahfailin1

    I'm dying being a bear in this bull market. Look at our current position compared to the dot-com crash of 2001. Weekly MACD (the bottom part of this chart) is at 750 (in 2001 it was at about 500). Eventually MACD always crosses back over the 0.00 line to go negative. What goes up must come down, and it will happen with tremendous force.

    • Question is, what sector(s) will take it down? Will it be in tech again? Hard to say because their values seem more justified than they were in the dot com bubbmonospaced
    • The new US government is going to add more money to the market, there's no crash in sight IMHO.zarkonite
    • What I see on this chart: even if I bought at the peak right before that first crash, I would still have more today.nb
    • Money printed:
      https://www.tradingv…
      It can continue to go up, but after a while a loaf of bread will cost $100
      drgs

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