Stock Market Chit Chat

mi40 · 01-27-2021, 04:06 PM

stop feeling the fear of missing out
gamblers and risky investors will blow up eventually.. greed gets to a lot of people

anyways, today was a blood red day and actually the highest rise of VIX (the fear index) since march 16, 2020 - so that means something.

of course, meme stocks went up a lot. but as more and more people pile on, there will inevitably be losers and even the winners will want more.

people who made money on memes, but not LIFE CHANGING MONEY, will probably try to repeat the same success and overleverage themselves in the process, and when they lose, they will lose a lot.

now, if you put down like $100k on GME leaps early and made out with $5 million, that's life changing money, so you're set

01-27-2021, 04:06 PM	#11
mi40 ᅠ Join Date: Aug 2008 Posts: 3,652	Re: Stock Market Chit Chat stop feeling the fear of missing out gamblers and risky investors will blow up eventually.. greed gets to a lot of people anyways, today was a blood red day and actually the highest rise of VIX (the fear index) since march 16, 2020 - so that means something. of course, meme stocks went up a lot. but as more and more people pile on, there will inevitably be losers and even the winners will want more. people who made money on memes, but not LIFE CHANGING MONEY, will probably try to repeat the same success and overleverage themselves in the process, and when they lose, they will lose a lot. now, if you put down like $100k on GME leaps early and made out with $5 million, that's life changing money, so you're set __________________

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