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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (76446)	2/3/2023 5:31:08 PM
From: Lee Lichterman III	4 Recommendations Recommended By ajtj99 DanWebzster rimshot towerdog Read Replies (3) \| Respond to of 97650

I swore I wasn't going to post to you anymore but... AI at the lows might be a good "speculation" trade. Up here it's just FOMO momentum trading. There's a good YouTube video on how to build your own AI. It isn't rocket science. I'm too old and unmotivated with other projects having priority but I could probably get one going in a weekend. Of course then you have to let it learn. That's what people aren't getting. By hyping it and getting people to use it, they are getting the training for free. This isn't really new either. It's just that the prewritten engines are now mainstream and available. There was a fantastic, amazing, I don't have the right words to describe how wonderful it was, AI here on SI in the mid 90s. It had been handed down to a member by the original builder. He had no idea how it worked. It was nicknamed BBox and it predicted turns in the market perfectly days in advance, then as it got closer, to the hour. Like all old computers, it eventually died and no one knew how to save it. It was scary accurate and would say a dump was coming when everything looked great then some black swan would appear yet it knew somehow. Or it would predict a huge rally when the market had been tanking for weeks and it looked like the world was going to end. Right when it said it was going to turn, Greenspan would do a surprise big rate cut. I don't recall it ever being wrong, not once. As for advocating making more in a few days on crap that gets squeezed vs holding something of quality for a year, that's the most horrible financial advice I've ever heard. That beats Cramer, SBF etc. There's unsavvy newbie traders that read these threads. Those stocks are shorted in size for good reason and only a small portion are targeted by hoodies for squeezing. There are a lot that just keep falling to zero.