4 ms·
that's what everyone said in 99 when nasdaq basically doubled in a year... then continued to more than double the year after that! a lot of guys blew up being t
by fullstackchris 3y ago
that's what everyone said in 99 when nasdaq basically doubled in a year... then continued to more than double the year after that! a lot of guys blew up being too early trying to guess when the selloff would finally happen...
they're called bulls for a reason - they're not the brightest, but you gotta be sure to either join 'em or get the heck out of the way while they're in control!
- andromeduck 3y agoBut how much higher can the market really go with interest rates like this?
- aidenn0 3y ago"The market can stay irrational for longer than you can stay solvent"
- dragonwriter 3y agoThe market did great in the 1980s, and the Fed Funds rate averaged about 10% over the decade and never dropped below about 6%, which is higher than it is today. So, there's that.