The James Altucher Show cover image

My Life in 4 Trades | Maggie Lake Interviews James

The James Altucher Show

The Market Was Going to Pop, and Then the Market Started to Go Down

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The market had fallen four or five days in a row before 9 11, probably because some people affiliated with the terrorists knew what was going on. And i felt for sure that this was irrational, but the economy would rebound. I saw how new york city was rallying, you know, behind the economy and behind everything that was going on so i bought more. Thursday, i go leverage and buying more and more and more. Friday morning, i buy more. But then around ten 20 a m i sell everything, and i barely ijus. I ended up losing my home because of this. Five minutes later, the market started to rally, and it rallied straight up for the next

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