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Re: swingingRichard post# 166521

Thursday, 02/06/2020 3:46:52 PM

Thursday, February 06, 2020 3:46:52 PM

Post# of 220792
We could be heading into a period like the late 90s where literally EVERYTHING was pumped.

If that's the case, I can assure you that TRILLIONS will be lost and the biggest culprits will be BIG CAPS just like it was back then. And sure, $$ will be lost in podunk penny stocks - but it will be NOTHING in comparison to the BIG CAPS in the NAZ, DOW, and S&P

Surely you remember ZERO GRAVITY stocks of that time:

What Did We Learn From the Dotcom Stock Bubble of 2000?

SNIP:

The Burst

In March of 2000, everything started to change. On March 10, the combined values of stocks on the NASDAQ was at $6.71 trillion; the crash began March 11. By March 30, the NASDAQ was valued at $6.02 trillion. On April 6, 2000, it was $5.78 trillion. In less than a month, nearly a trillion dollars worth of stock value had completely evaporated. One JP Morgan analyst told TIME in April of 2000 that a lot of companies were losing between $10 and $30 million a quarter — a rate that is obviously unsustainable, and was going to end with a lot of dead sites and lost investments.



Do you need me to post some tickers to remind you further???

Just the TSLA pullback of $200 wiped out around $35-$40 billion

It's easier for rich man to go through the eye of needle than it is for a camel to get into heaven.

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