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Re: trunkmonk post# 5395

Friday, 01/19/2024 1:03:53 PM

Friday, January 19, 2024 1:03:53 PM

Post# of 5576
I do this now professionally for me myself and I, and was in the markets and by almost luck made a killing in the net/tech mania of the late 90s, which you reference.....been in the markets running my own money as a hobby since the mid 90s, and as an occupation for the past 10 years.....it is a little scary, before as a lawyer I could manage to replace my inexperience....but now, you gotta know what you are doing. I have seen 2 studies which say that if you want to make a living (not make a killing), successful people like me are either 1 in 32 or 1 in 48. I prefer fundamentals, which are tricky, taking a macro view down, and use technicals from time to time, like now, where my bet is that we will never again see the POG below 2000..........and going forward that the FED must cut and probably dramatically over the next 2 years starting probably in Q1. Goldman says 5 quarter point cuts this year alone.
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