Day trader army loses all the money it made in meme-stock era

Re:Day trader army loses all the money it made in meme-stock... by funstuff007 on Monday May 09, 2022 @06:57PM (#31320977)

- The Fed juicing the market (and not stopping when it should have, dismissing inflation concerns as transitory, etc.)

This in my mind is the key reason we as a society did not solve the pandemic quickly. If the investor class felt the same pain everyone else did, they'd be throwing their resources towards moving forward rather than re-locating to Palm Beach and complaining about the Northeast.

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Re:Day trader army loses all the money it made in meme-stock... by bogomipz on Tuesday May 10, 2022 @12:52AM (#31323584)

Can you elaborate? I'm failing to understand the connection between the Fed Juicing the market and investors moving to Palm Beach dnd complaining about the Northeast? Was there a mass exodus? Would that not also be moving forward though? Or am I missing something?

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Re:Day trader army loses all the money it made in meme-stock... by rob_c on Monday May 09, 2022 @10:04PM (#31322540)

> This in my mind is the key reason we as a society did not solve the pandemic quickly.

Ignoring a lot of the specifics you make a good point. There was a lot of good effort thrown after bad mistakes, financially, medically and unfortunately sacrificing civil liberties.

This gamblers fallacy of 2020-2021 is starting to wear off and the hangover is setting in. 2023 is going to hurt :(

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Re:Day trader army loses all the money it made in meme-stock... by MomoXenosaga on Tuesday May 10, 2022 @09:25AM (#31326828)

We did solve the pandemic quickly. The entire population was vaccinated in a matter of months.

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Re:Day trader army loses all the money it made in meme-stock... by banannaise on Tuesday May 10, 2022 @10:09AM (#31327323)

looking at ongoing death tolls in the United States and elsewhere

Are you serious?

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