What are you talking about? I don't care what Rick's thesis was exactly. I care about finding some alpha. I just found some, not by myself of course, many others, including Rick, have identified it generally in the past. But I quantified it in the SPY context. "Performance bonds" cannot...
So, here is the deal. I just ran the same test for the same time period, but where you buy every OPEN, sell every CLOSE, to see what your day action would be. You know the results?
For a $100 invested you would end up with.... ... ... wait for it ... ... ... ... $95 at the end of that long...
Wow, nice Overnight. So can we go down them and you explain what those mean?
Core PCE Prince index - that shows a .6% month over month increase, that's 7.2 a year - obviously a high number, but maybe such could be a "blip" that happens from time to time and they might explain it away?
Good...
You think they'll come back showing inflation picking up in a meaningful way Overnight? I bet they keep fiddling with the numbers so they don't. Maybe "slightly higher, we don't think its an issue but will remain vigilant", but I bet nothing worse. We shall see!!!
First point, I see that now.
Second point, of course I mean I will buy only when it gets back down to $20. C'mon man, any reasonable person would know that is the only thing I can logically mean...
I posted my position in my GME thread. Its right there for you. But I did buy just a few shares back when it dipped awhile back. Like 5 shares or something lol.