News Focus
News Focus
icon url

2morrowsGains

06/25/25 12:51 PM

#124832 RE: nelson1234 #124831

1997...Nelson, I think that was the year my investment career started. Driving back and forth to work every day listening to updates on stocks and the business news. Got to thinking, hey, now that we have the internet (Information Highway in the sky), and online trading, why can't I start doing my own research and trading? (Instead of waiting 1/2 hour to download 1 Napster song. LOL). Anyway, here I am today, w/ lots of ups and downs and hours behind me, but what a successful ride it's been. Learned SOOOOOO much from following our boards through the years, starting as far back as RagingBull. So thanks to everyone for their contributions along the way!!!
(Wow nelson, that year brings it all back. Thanks for bringing it up.) 😎👍
icon url

wadegarret

06/25/25 6:12 PM

#124841 RE: nelson1234 #124831

Nelson- I just looked at the historic Nasdaq

chart, and read some articles. It appears the internet rally of stock prices started in early 1998, and maxed out in March 2000. So about 2.3 years of persistent stock appreciation. For AI stocks, the rally started in Jan 2023, and is still going on. So about 2.5 years for AI stocks so far. I believe that AI stocks are close to or have reached their peak. I shorted the Nasdaq today, when it was over 20000, as it hit a new all time high today, despite Tariffs surely to stunt AI earnings, which will start July 1.