stock market was up today...

#9,281
#9,281
Watch the last half hour today @3:30. Should be crazy action.

If I were to wager, I'd say we sink to a 3,000 to 3,200 loss on the DJIA for the day.
 
#9,282
#9,282
MontyPython said:
Watch the last half hour today @3:30. Should be crazy action.

If I were to wager, I'd say we sink to a 3,000 to 3,200 loss on the DJIA for the day.
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There are a variety of funds you could buy to "wager". SH from Proshares is a short 1x the S&P and ProFunds has a several that are 2x. Here's your chance to put some money on the table.
 
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#9,283
#9,283
Ernest T. Vol said:
There are a variety of funds you could buy to "wager". SH from Proshares is a short 1x the S&P and ProFunds has a several that are 2x. Here's your chance to put some money on the table.
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Heh. Too risky. Don't play ST trades.

Traded naked options during the 2008/9 crisis - largely puts on banks, brokerages and China EFTs.. Kept me up at night a few occasions... and most of them were LEAPs.
 
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#9,284
#9,284
Ernest T. Vol said:
There are a variety of funds you could buy to "wager". SH from Proshares is a short 1x the S&P and ProFunds has a several that are 2x. Here's your chance to put some money on the table.
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Pundits gonna pundit. He’s not interested in investing just rubbing others noses in it. Once the rebound starts there needs to be weekly shout outs to him at a minimum. To which of course he’ll claim he made bank 😂

Edit: called it! 😂
 
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#9,285
#9,285
NorthDallas40 said:
Pundits gonna pundit. He’s not interested in investing just rubbing others noses in it. Once the rebound starts there needs to be weekly shout outs to him at a minimum. To which of course he’ll claim he made bank 😂

Edit: called it! 😂
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If you'd like me to post here when I start reentering long positions, I'd be happy to, dude.
 
#9,289
#9,289
NorthDallas40 said:
Your entire giddy narrative while it’s travelled down in this short time while out of the other corner of your mouth saying “man I really hope the market doesn’t tank but..”

Yes, you do hope it tanks. And I and others have called you on it.
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Just because you acted like an ass when the market was overvalued doesn't mean anyone wants the market to tank.
 
#9,294
#9,294
Mick said:
I hope you kept playing it safe.
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I did thanks. I thought the immediate rebound looked a tad too good. And I’m too close to retirement to take a big hit so yes I stayed in short term bonds and cash and locked in my ROI on the year. I didn’t regret my choice even when it went up as I figured there would be the inevitable 10% correction and a chance to put some back in. I was wrong about that, the bottom fell out and while I feel for everyone yes I’m probably gonna make some serious coin on this one. But look at it this way I finally guessed right for once. I took it in the shorts in ‘08 along with everyone else but made it all back and more like most did also. At this point in my investing life I’m just not as risk accepting and frankly just got lucky.
 
#9,295
#9,295
NorthDallas40 said:
Your entire giddy narrative while it’s travelled down in this short time while out of the other corner of your mouth saying “man I really hope the market doesn’t tank but..”

Yes, you do hope it tanks. And I and others have called you on it.
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LOL. You should join the carnival and use your mind reading skills there. FWIW, I don't have any short positions now, only long in the form of my 401K.

I hate Trump. No secret there. Stocks go up and stocks go down. You can make money both ways.
 
#9,297
#9,297
MontyPython said:
LOL. You should join the carnival and use your mind reading skills there. FWIW, I don't have any short positions now, only long in the form of my 401K.

I hate Trump. No secret there. Stocks go up and stocks go down. You can make money both ways.
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You’re an open book Cletus no Ouija board required 😃
 
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#9,298
#9,298
It's kind of funny reading the Nostradamus types on here regale us about how great they are picking stocks and when it was time to jump in and out. 20/20 hindsight is perfect for the stock market, it doesn't work so well at predicting the future.
 
#9,299
#9,299
VolStrom said:
It's kind of funny reading the Nostradamus types on here regale us about how great they are picking stocks and when it was time to jump in and out. 20/20 hindsight is perfect for the stock market, it doesn't work so well at predicting the future.
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I freely admit I was absolutely luckily as hell in blindly guessing right on this one for once. About damn time I got one right! I’m generally your classic nostradumbass when it comes to investing 🤷‍♂️
 
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