Doonesbury by Garry Trudeau for July 05, 2023

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    BE THIS GUY  11 months ago

    Whatever goes down, goes back up… eventually.

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    lalapalooza Premium Member 11 months ago

    i met one of the ‘boy wonders’ of the stock market and he said that what he did was essentially gambling. that he was a Gambler.

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    snsurone76  11 months ago

    Chase may have competition with Calvin@Home for coffee consumption.

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    LawrenceS  11 months ago

    “This little pig went to market, where they buy and sell the stocks. This little pig came home again, with his system full of shocks. “I don’t understand their language, don’t know what it’s all about – For a bull buys up and the bear sells down, and a broker sells you out.”

    Tale of the Ticker 1929

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    cripplious  11 months ago

    I remember back in the 90s when people were hot the tech stocks even though the companies had zero profits or even a product. just a website

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    NeedaChuckle Premium Member 11 months ago

    Coworker was a daytrader. I don’t think he did anything but break even.

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    TheWildSow  11 months ago
    Yawn ** Wake me up when this boring storyline is over…..
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    Serial Pedant  11 months ago

    and VV….

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    txmystic  11 months ago

    Day trading in a nutshell.

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    jakarlsson  11 months ago

    But most of 1999, when this was written, NASDAQ was running around 2600. If it was down 63 points it would only be about 2.5%, not a 40% loss

    Today in 2023 NASDAQ is around 14,000 so if he just let his $10,000 stay in the tech sector, today it would be worth a lot more, like maybe $1.3 million or more. Let it ride.

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    198.23.5.11  11 months ago

    If you invested in Trump Casinos,get out now!

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    PoodleGroomer  11 months ago

    Panic is not a strategy. You only lose money if you sell or it goes bankrupt.

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    mistercatworks  11 months ago

    A nice long $4000 coffee break.

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    BeniHanna6 Premium Member 11 months ago

    Hopefully this story line is short. Boring.

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    Richard S Russell Premium Member 11 months ago

    One guy who made a fortune in the stock market was asked what his secret was and replied “You’ve got to get out the day BEFORE the market crashes.”

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    Richard S Russell Premium Member 11 months ago

    One investment firm paid significant cash to have a dedicated fiber-optic transmission line installed between its HQ in New York City and the Chicago Mercantile Exchange, so their computers could get about a half-second jump on the competition that was still relying on commercial DSL lines. Apparently they figured the speed advantage gained by getting the latest info just that tiny bit faster than the other firms would more than cover the cost of the 800-mile fiber-optic line.

    This is what human day traders, operating at the speed of human brains and fingers over (in many cases) dial-up copper phone lines, have to compete against. What do you suppose their chances are?

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    ratchet6900  11 months ago

    How does that saying go again? Fools and their money parting ways or some-such….

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    Andrew Bosch Premium Member 11 months ago

    You generally get stabler returns by investing in index funds for a longer time.

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