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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: da_cheif™ who wrote (5642)	8/22/2018 9:47:53 PM
From: Rarebird	Read Replies (1) \| Respond to of 5676

Honestly, back then, I just put all our discretionary income in the stock market. I checked the balance every day, but didn't track anything. I took finance courses with Professor Jimmy Rodgers and Marty Zweig in the early 1980s. They both said stocks were very cheap so I trusted them and put all our money in there. Marty Zweig had some newsletter that I subscribed to for years and I invested in all his stocks he recommended. I didn't know from anything. I was working all day as a private tutor. When I came to SI, all I knew was if you put your life savings in the stock market, you made big money. Zweig was a real good stock picker. He had stop loss also which was good. I never looked at it during the day. Before discount brokers, I had a broker at a firm. He was the father of a child I tutored. I thought the people on the crash thread were out of their mind. But I liked them. They were very nice and sincere. All I knew back then, was if Marty recommended it, I was in big time. I use to listen to Laslo Biryini on Wall Street Week with Luis Ruckeyser. He was real good. I made out real well on his recommendations. I use to read all the financial publications for years, Forbes, Fortune, Kiplinger, Smart Money, Money Magazine. It is nice to be naive and innocent, isn't it? Too bad those days are over.

To: da_cheif™ who wrote (5642)	8/23/2018 4:04:03 AM
From: Real Man	Read Replies (2) \| Respond to of 5676

People are less interested in the market these days when it is so obviously manipulated. Why bother with declines when government stands ready to throw 2x or 3x gross national product of USA into derivative markets to “save” the markets from themselves? SPX has been a government bond. Buy and collect interest. BTFD. Always and forever. There is very little sense doing anything bearish. My prediction is that SP500 May drop on QT, but if it does, US government will print a few trillion dollars to push it higher. Get rid of your dollars. BTFD.