Bear Market almost ready to resume. .....

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fibo_trader said:
Sorry historians, missed the most important comment on this specimen named “sle” ..... the tsunami is here and he was asleep, just woke up, sees nothing amiss except for all this talk about a CRASH. He is in such a jovial mood, it’s remarkable.
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By "tsunami" I assume you mean this thread or something else?

There are good reasons to be fearful here and plenty of smart people are turning bearish. We are sitting on top of an economic expansion that's almost 10 years old, the numbers seem to be turning, there are populist/protectionist currents which are never good for the economy. For what it's worth, I am leaning long puts myself (short gamma + long skew, for those who care). However, in the first 2-3 pages of this thread I did not see any coherent reasoning, just pure bullshit. So it's not your bearsh call that people have a problem with...
 
So market bull or bear?
Shall traders take long or short position?


I wouldn't bother whether it is bull or bear.
Everyday, I take about 20 long and 20 short positions.

Anyway this tread is rather interesting.
It reminds me of what I think when I was a newbie and I kept losing money.
 
Only about 5 points down but = $108+ k
maxinger said:
So market bull or bear?
Shall traders take long position? or short position?


I wouldn't bother whether it is bull or bear.
Everyday, I take about 20 long positions AND 20 short positions.
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There are many just like you. They don’t care if it’s a man or woman. They are called bi.
I don’t swing that way, but nothing surprises me no more. :)
 
sle said:
By "tsunami" I assume you mean this thread or something else?

There are good reasons to be fearful here and plenty of smart people are turning bearish. We are sitting on top of an economic expansion that's almost 10 years old, the numbers seem to be turning, there are populist/protectionist currents which are never good for the economy. For what it's worth, I am leaning long puts myself (short gamma + long skew, for those who care). However, in the first 2-3 pages of this thread I did not see any coherent reasoning, just pure bullshit. So it's not your bearsh call that people have a problem with...
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You are as retarded as the others. No surprise. Everything is in the opening post repeated for you, duffer:




SPY short entry confirmed 279.2 today ...... total short is $4.83 mil

6 tranches remaining to place short as soon as the nice uptrendline from Christmas Eve Daily breaks

Then the rest of the farm will be thrown at it when 200-day breaks. This time do not expect the 200 will be retested once broken.

All of the above is my own capital. No friends (client’s) money being thrown in yet even though they are begging me to place it. My reply is firm. “only when December lows for Dow/S&P/Nas/Trans are taken out”. 42 mil dollars to be placed then. This 42 m is just chump change for these international warriors - they are preparing more ammo to throw my way

Last count is that 96% investors are headed north. I love these odds.
 
sle said:
By "tsunami" I assume you mean this thread or something else?

There are good reasons to be fearful here and plenty of smart people are turning bearish. We are sitting on top of an economic expansion that's almost 10 years old, the numbers seem to be turning, there are populist/protectionist currents which are never good for the economy. For what it's worth, I am leaning long puts myself (short gamma + long skew, for those who care). However, in the first 2-3 pages of this thread I did not see any coherent reasoning, just pure bullshit. So it's not your bearsh call that people have a problem with...
More...



See this one soon after the opening post. ....


This Bear Market is the greatest of all time even eclipsing that of 1700s, 1929, 1966-73 and 2008. It’s THE Bear Market that is an Empire Buster that will kick out the U.K./USA from the driver seat and usher in the replacement Empire. I want to be a part of this turn in calling it, trading it and posting my results for all to see. If right it’s a big accomplishment. If wrong I’ll be out millions. Worth it big time to me.



Oh yo yo yo you,

Forgive them Father for they know not what they do or say.

:)
 
destriero said:
Dope! I am short 22K AMZN deltas so I’s thank the Lord that you came into my life.
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Forgive him Father for he knows not how to talk to a person he’s never met before but starts punching right away. Again it’s sentiment. Hatred directed against the lone dissenter.
I love it, every minute of it. Bring more.

:)
 
fibo_trader said:
42 mil dollars to be placed then
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I appreciate the significance of the number 42, it's the answer to everything. In an adult world, however, it's not a very large position.

fibo_trader said:
Last count is that 96% investors are headed north. I love these odds.
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What are you basing this number on? Given the recent positioning reports and leverage across the HF universe, I'd think most people are underinvested and long volatility (which is why IV is not realizing).
 
sle said:
I appreciate the significance of the number 42, it's the answer to everything. In an adult world, however, it's not a very large position.


What are you basing this number on? Given the recent positioning reports and leverage across the HF universe, I'd think most people are underinvested and long volatility (which is why IV is not realizing).
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That’s exactly what is intriguing here at ET. 42 million is doodle squat, insignificant. Heck in this bubbleicious real estate market, where I live is 4 mil house and it ain’t much, just a great view and good separation from neighbors. One million nowadays is chump change.

But Lordy Lord, here at ET look at the fuss dozu888 and Clubber Lang make about it. My friends would Lafitness at these cats. 42 mil in CA or HI is Beggars Banquet.
 
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