And where is this thread?
doom
- Thread starter dozu888
- Start date
And where is this thread?
That's the rub - everyone and his brother now sees this clearly. Obviously, there is tons of sideline demand waiting to buy on any dip. Which means one of several things can happen:
1) No 10% drop occurs, we get a straight rocket-ride to SPX 5000 or whatever and then the meat is gone.
2) A 10%-20% drop occurs but it comes in the context of a possible material change in the above thesis - e.g. Fed backs off on the liquidity injections, PCE ticks up to the 2% line, and Warren or Sanders becomes the frontrunner with plans for a punitive wealth tax and an FTT. Is the market still a good buy?
Yep. Buying dips works until it doesn't. And for the record, Feb. and Dec. 2018 were pretty scary times...many thought the Dow would dip under 20,000. It only looks like a "stupid simple buying opportunity" in hindsight.
I haven't been listening to them, though I know most permabears are talking about the repo market. But these guys are the epitome of the broken clock that's right twice a day (dot-com bubble, 2008 financial crisis, etc.). They have a different story every year about what horrible thing is going to tank the markets. When they occasionally get it right (maybe just luck), they take full credit and expect you to follow them for the next 10 years. Meanwhile your "safe" gold and money market funds have barely budged while your clueless neighbor tells you how much his 401(k) has gone up. And you wonder if all these hours spent watching videos and reading reports is worth your time...
'Trading is easy'
He's too modest to provide an actual link I guess, and wants to make you work for finding his thread which he self-promotes twice as much as the CME hawks their own products. Remember, it is a trading thread, not a journal. He doesn't actually trade, as he has himself admitted.
https://www.elitetrader.com/et/threads/trading-is-easy.321831/
QQQ 231, AAPL 325He talked about mortgaging the house and then go all in QQQ and AAPL.
Do you have charts for QQQ and AAPL instead of Emini ES futures ?
wrbtrader
Get an equity loan equal to the value of your home, gift it to me, and I will make you all the money in the world. I am going to assume your home is worth a couple million, the way you spout your silly. Do you know how much I could make with 2 million spread across a few sub accounts? It's crazy time!
Otherwise, stop telling people to put their homes up as collateral for trading monies. It is reckless.