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Wishthiswasmyjob

11/13/19 11:38 PM

#42048 RE: beachcomber1 #42047

In the Internet bubble, almost everyone was naive
And just couldn't comprehend a slow bleed downside of 2 years.
Investors would buy a dip and a month later be back in the red as every sign of strength was quickly sold off.

The housing bubble and banking crisis was just devastating and most losses occurred during a 6 month stretch.

Here's a good public list to browse and it's interesting to "read the candle action"... You can almost feel how the days went as you analyze the candles on the upward and downward moves.

https://stockcharts.com/public/1684859/tenpp/18
Yong Pans list. - number 6 of the group

The current market is zombie land. The fund managers completely trusting Powell and the Fed to "maintain order". The years of QE and invisible hand support have created complete blind faith confidence. Buying dips morphs into a self fulfilling positive result every time. The only real instance it didn't was a year ago, when the Fed tried to find a way out of the corner it's backed itself into.