It feels kinda bubbly right now

[jeeman]

SD Realtor,

During the Great Crash, there was a retracement that was higher than today’s retracement (so far).

November 13, 1929, DJIA hit 198.69
April 21, 1930, DJIA hit 294.

That’s about a 50% gain after the crash of 1929.

By December of 1930, it was down to 157, almost a 50% drop.

[temeculaguy]

There is one difference, they didn’t have The Great Depression to look back and learn lessons from, or the internet to inform/scare/spin/etc.

If the dow retreats below 6000 again, I’m going all in, my money, your money, maybe I’ll steal some money or sell body parts/fluids and put that money in. But I’m fairly certain I missed it, sometimes you just have to open a bottle of wine and accept that you aren’t perfect, that fear gets the best of you sometime, that you might be better with 5 or 10% less brain cells, so you might as well start dumping some now, it’s only money, by the third glass it doesn’t matter so much, even if only for a few hours.

The same theory works in football, I can want the patriots to be bad, I can read blogs where people with credentials say that they won’t beat my beloved bolts, we can look at charts and history, we can look at blue mohawks, but at the end of the day, Brady is back, and that is gonna be bad for everyone else in the AFC. At some point you just have to accept it and find a way to enjoy the ride, dammit, that realization is gonna take a fourth glass to make the pain go away.

[temeculaguy]

There is one difference, they didn’t have The Great Depression to look back and learn lessons from, or the internet to inform/scare/spin/etc.

If the dow retreats below 6000 again, I’m going all in, my money, your money, maybe I’ll steal some money or sell body parts/fluids and put that money in. But I’m fairly certain I missed it, sometimes you just have to open a bottle of wine and accept that you aren’t perfect, that fear gets the best of you sometime, that you might be better with 5 or 10% less brain cells, so you might as well start dumping some now, it’s only money, by the third glass it doesn’t matter so much, even if only for a few hours.

The same theory works in football, I can want the patriots to be bad, I can read blogs where people with credentials say that they won’t beat my beloved bolts, we can look at charts and history, we can look at blue mohawks, but at the end of the day, Brady is back, and that is gonna be bad for everyone else in the AFC. At some point you just have to accept it and find a way to enjoy the ride, dammit, that realization is gonna take a fourth glass to make the pain go away.

[temeculaguy]

There is one difference, they didn’t have The Great Depression to look back and learn lessons from, or the internet to inform/scare/spin/etc.

If the dow retreats below 6000 again, I’m going all in, my money, your money, maybe I’ll steal some money or sell body parts/fluids and put that money in. But I’m fairly certain I missed it, sometimes you just have to open a bottle of wine and accept that you aren’t perfect, that fear gets the best of you sometime, that you might be better with 5 or 10% less brain cells, so you might as well start dumping some now, it’s only money, by the third glass it doesn’t matter so much, even if only for a few hours.

The same theory works in football, I can want the patriots to be bad, I can read blogs where people with credentials say that they won’t beat my beloved bolts, we can look at charts and history, we can look at blue mohawks, but at the end of the day, Brady is back, and that is gonna be bad for everyone else in the AFC. At some point you just have to accept it and find a way to enjoy the ride, dammit, that realization is gonna take a fourth glass to make the pain go away.

[temeculaguy]

There is one difference, they didn’t have The Great Depression to look back and learn lessons from, or the internet to inform/scare/spin/etc.

If the dow retreats below 6000 again, I’m going all in, my money, your money, maybe I’ll steal some money or sell body parts/fluids and put that money in. But I’m fairly certain I missed it, sometimes you just have to open a bottle of wine and accept that you aren’t perfect, that fear gets the best of you sometime, that you might be better with 5 or 10% less brain cells, so you might as well start dumping some now, it’s only money, by the third glass it doesn’t matter so much, even if only for a few hours.

The same theory works in football, I can want the patriots to be bad, I can read blogs where people with credentials say that they won’t beat my beloved bolts, we can look at charts and history, we can look at blue mohawks, but at the end of the day, Brady is back, and that is gonna be bad for everyone else in the AFC. At some point you just have to accept it and find a way to enjoy the ride, dammit, that realization is gonna take a fourth glass to make the pain go away.

[temeculaguy]

There is one difference, they didn’t have The Great Depression to look back and learn lessons from, or the internet to inform/scare/spin/etc.

If the dow retreats below 6000 again, I’m going all in, my money, your money, maybe I’ll steal some money or sell body parts/fluids and put that money in. But I’m fairly certain I missed it, sometimes you just have to open a bottle of wine and accept that you aren’t perfect, that fear gets the best of you sometime, that you might be better with 5 or 10% less brain cells, so you might as well start dumping some now, it’s only money, by the third glass it doesn’t matter so much, even if only for a few hours.

The same theory works in football, I can want the patriots to be bad, I can read blogs where people with credentials say that they won’t beat my beloved bolts, we can look at charts and history, we can look at blue mohawks, but at the end of the day, Brady is back, and that is gonna be bad for everyone else in the AFC. At some point you just have to accept it and find a way to enjoy the ride, dammit, that realization is gonna take a fourth glass to make the pain go away.

[urbanrealtor]

MMMM….
Fluids..

[urbanrealtor]

MMMM….
Fluids..

[urbanrealtor]

MMMM….
Fluids..

[urbanrealtor]

MMMM….
Fluids..

[urbanrealtor]

MMMM….
Fluids..

[SD Realtor]

Hi Jeeman

I did not consider that one. I see the drop to 196 but I cut that retracement off at the 263 level that it hit on Dec 9th in 1929. From that level it went back down to 240 and then back to the 294 level you indicated. To me (and I am by no means a technical expert) that would indicate two seperate lower lows and highs.

Again, to me the market is a rigged game.

When you go to vegas you will lose if you play long enough. You will lose everything. If you don’t play you will lose nothing. It is all about risk and the market is not any different. If you have no appetite for risk then don’t play at all. However it is far to easy to come out and say after the runup that we have had that this is a suckers rally. It is harder to say I was a sucker for not buying into the rally at 7000, or 7500 or even 8000. Nobody forces you to stay in.

Also we are in a far far far more manipulated market now more then ever and I believe it will be dictated by the powers that be that the market will not be “allowed” to fall in the same percentages as it did in 1929.

[SD Realtor]

Hi Jeeman

I did not consider that one. I see the drop to 196 but I cut that retracement off at the 263 level that it hit on Dec 9th in 1929. From that level it went back down to 240 and then back to the 294 level you indicated. To me (and I am by no means a technical expert) that would indicate two seperate lower lows and highs.

Again, to me the market is a rigged game.

When you go to vegas you will lose if you play long enough. You will lose everything. If you don’t play you will lose nothing. It is all about risk and the market is not any different. If you have no appetite for risk then don’t play at all. However it is far to easy to come out and say after the runup that we have had that this is a suckers rally. It is harder to say I was a sucker for not buying into the rally at 7000, or 7500 or even 8000. Nobody forces you to stay in.

Also we are in a far far far more manipulated market now more then ever and I believe it will be dictated by the powers that be that the market will not be “allowed” to fall in the same percentages as it did in 1929.

[SD Realtor]

Hi Jeeman

I did not consider that one. I see the drop to 196 but I cut that retracement off at the 263 level that it hit on Dec 9th in 1929. From that level it went back down to 240 and then back to the 294 level you indicated. To me (and I am by no means a technical expert) that would indicate two seperate lower lows and highs.

Again, to me the market is a rigged game.

When you go to vegas you will lose if you play long enough. You will lose everything. If you don’t play you will lose nothing. It is all about risk and the market is not any different. If you have no appetite for risk then don’t play at all. However it is far to easy to come out and say after the runup that we have had that this is a suckers rally. It is harder to say I was a sucker for not buying into the rally at 7000, or 7500 or even 8000. Nobody forces you to stay in.

Also we are in a far far far more manipulated market now more then ever and I believe it will be dictated by the powers that be that the market will not be “allowed” to fall in the same percentages as it did in 1929.

[SD Realtor]

Hi Jeeman

I did not consider that one. I see the drop to 196 but I cut that retracement off at the 263 level that it hit on Dec 9th in 1929. From that level it went back down to 240 and then back to the 294 level you indicated. To me (and I am by no means a technical expert) that would indicate two seperate lower lows and highs.

Again, to me the market is a rigged game.

When you go to vegas you will lose if you play long enough. You will lose everything. If you don’t play you will lose nothing. It is all about risk and the market is not any different. If you have no appetite for risk then don’t play at all. However it is far to easy to come out and say after the runup that we have had that this is a suckers rally. It is harder to say I was a sucker for not buying into the rally at 7000, or 7500 or even 8000. Nobody forces you to stay in.

Also we are in a far far far more manipulated market now more then ever and I believe it will be dictated by the powers that be that the market will not be “allowed” to fall in the same percentages as it did in 1929.

[Author]

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