Off topic for this thread... but I wanted to thank-you for the DM. I can't reply to you though (maybe you chose this), and for some reason that "How much do you aspire..." thread is now closed. Any chance we can continue the chat in person? I'm fairly sure why you were building the position but wanted to ask about it.
Bear mkt ? Lol . Dow down 9.5% and s@p down 13.5%
- Thread starter SammyJ
- Start date
Probably better to let that thread and all related discussion die.
Fair enough. I'm sad to not be able to discuss it since your DM was extremely enlightening, but I respect your decision. Thanks again.
Where else is one going to put money? Interest rates in 2000 and 2008 were higher than they are now so you could get a decent yield hiding out in treasuries. Due to interest rate suppression by the Fed, that's no longer the case. I think at some point, return of capital will become more important than return on capital and a lot of people that should not be in equities based on their investment time horizon will sell near the bottom.
1- The Fed barely started removing liquidity. Patience
2- The longer the bull market, the harder it is to kill. And the 2009-2022 Bull was a record (not including the 3 week Covid selloff). People are still happily buying dips because it worked for 13 years. Once the dip buyers start getting margined out the real selling comes. Then comes the brutal bear that just bleeds lower for months on end with short furious rallies that get sold into.
2- The longer the bull market, the harder it is to kill. And the 2009-2022 Bull was a record (not including the 3 week Covid selloff). People are still happily buying dips because it worked for 13 years. Once the dip buyers start getting margined out the real selling comes. Then comes the brutal bear that just bleeds lower for months on end with short furious rallies that get sold into.
I get excited when I read posts like this.
Sounded like a "one off" vent, since he made O follow up comments. Just a bomb-thrower who more than likely took a hit and is trying to talk down to people to feel better.
He starts with a flawed premise, that everyone was in at low points a couple years back and rode it to the top, so "we're" up. He never claimed to have done that himself.
Everything, up or down, depends on your entry and exit points to the trade. It means either he is a bagholder, since he never takes gains, or isn't able to make and take gains on a regular basis, since anyone making a living at this needs to, to eat and pay their bills.
I think we all understand what we're looking at. Here's a nifty article on basically the benefits of trading a bear market, which means if you can flip and stay flat intra-day and exit clean, it doesn't matter what the market does, since in a bear, there's greater volatility and everything's cheaper!
https://www.marketwatch.com/story/h...-gullible-investors-11654880407?mod=home-page
Happy trades!
He starts with a flawed premise, that everyone was in at low points a couple years back and rode it to the top, so "we're" up. He never claimed to have done that himself.
Everything, up or down, depends on your entry and exit points to the trade. It means either he is a bagholder, since he never takes gains, or isn't able to make and take gains on a regular basis, since anyone making a living at this needs to, to eat and pay their bills.
I think we all understand what we're looking at. Here's a nifty article on basically the benefits of trading a bear market, which means if you can flip and stay flat intra-day and exit clean, it doesn't matter what the market does, since in a bear, there's greater volatility and everything's cheaper!
https://www.marketwatch.com/story/h...-gullible-investors-11654880407?mod=home-page
Happy trades!
