Gotta love ZERO RISK in the SP500 = $$$

eganon69 said:
Remember the market can stay irrational a lot longer than you can remain solvent. So why fight it?

DRIP is currently at 5.69 so your averaging down means you are down 18% on the trade. Do you even have a risk tolerance or stop loss?

Seriously, I am trying to help you. Why fight the tape? Go back and look at how your "chicken little... the sky is falling " beliefs have performed over doing the exact opposite. Do you even have a signal that tells you to get in or out or are you just trading on emotions and what you THINK the market SHOULD do? How are you measuring risk and protecting your capital? It appears you have no such rules. If not, you should stop trading and paper trade. You just seem to be making the same mistakes over and over.
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18% loss to GREEN profits


DRIP trading near $8.00 from $5.85


Sold 1/2 position after the spike to around $7 still holding my remaining shares ....all profits now.

Will wait for $8+ if oil breaks $40 DRIP will be trading 30-40% higher from today's levels!!!!
 
S2007S said:
18% loss to GREEN profits


DRIP trading near $8.00 from $5.85


Sold 1/2 position after the spike to around $7 still holding my remaining shares ....all profits now.

Will wait for $8+ if oil breaks $40 DRIP will be trading 30-40% higher from today's levels!!!!
More...

If you are making money on DRIP you are losing on UWTI. You are reminding me a lot of "Karen the Supertrader" on this, reporting only realized gains and carrying unrealized losses on the books.
 
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Looks like a 200 point Dow rally in coming days is a sure bet, big gap up at the Sunday night open. Nive inverted head and shoulder just in time before the vote in UK
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Richshaw, even though you're being true to the thread title, you'd get quite a bit less flack around here if you showed up on down days as well. :-)
 
So back up to Dow 18000 we go, I simply don't buy that the British people want to remain in the EU, just like everything else is more than likely rigged by the central banks.
 
S2007S said:
This guy is calling for Dow 11,500....I think he's right...I give it a 3 -4 year time frame.

http://www.cnbc.com/2016/06/22/dow-11500-is-a-matter-of-when-not-if-advisor.html
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"Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell." --Sir John Templeton.

I don't necessarily think we are going up though, just food for thought!
 
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