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Economy

Warpy

(111,602 posts)

6. Warpy's Rule

Reply to bucolic_frolic (Reply #1)

Mon May 13, 2024, 06:56 PM

May 13

When you start getting hot ips on the market from people who have jobs instead of careers, it's time to get out.

1999-2000was such a heady time, everybody talking about the next red hot IPO coming out. I sighed heavily and kept ,my limited cash in a liquid state. Not only had those companies never turned a profit, few of them had any way to turn a profit in the future unless they also had a bricks and mortar store that was doing very well.

People were throwing millions of dollars they could ill afford at flashy websites that had nothing to back them up but hype.

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Highlight:

STOCK MARKET WATCH: Tuesday, 14 May 2024 [View all] Tansy_Gold May 13 OP

In re Quote for the Day: 2001 was a bubble, there were no tech earnings. bucolic_frolic May 13 #1

I'm not a market player, but . . . . . Tansy_Gold May 13 #2

My weekly doggerel is YouTube rehash, though I have my favorite sources bucolic_frolic May 13 #3

There has been a surge in inflation in the last 3 months. On Wednesday we get the CPI report progree May 13 #4

No market player either DemReadingDU May 13 #5

Yeah, something just doesn't feel . . . . normal Tansy_Gold May 13 #7

Warpy's Rule Warpy May 13 #6