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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (1512297)1/10/2025 3:46:35 PM
From: Rarebird2 Recommendations

Recommended By
Broken_Clock
longz

  Respond to of 1582284
 
The Dow and IWM have already topped. Can't say the same for SPX or QQQ yet.

Big money will be made on the downside ( shorting) in 2025.

First rule of investing is to not lose your ass. Second rule is never to forget the first rule. ( Warren Buffett)

I cashed out late November 2024.

Big downturn is coming, the greatest since 1929.



To: Broken_Clock who wrote (1512297)1/10/2025 3:53:06 PM
From: Rarebird1 Recommendation

Recommended By
longz

  Respond to of 1582284
 
You have all these boggleheads in the USA who buy into the buy and hold forever approach. That works during cyclical bear markets within a secular bull market. But guess what? Once a secular bear market begins, it can take years for it to come back; it's called a lost decade, if not worse.

Tops are a process, you are witnessing one now.


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