He's been posting about adding to his triple short etfs for 6-7 weeks, yet pretends he's making money regardless. It's all pointless. He posts sarcastic targets and the funny thing is some of them come true. For example, in 2019 he was making fun of some analysts saying the SPX was going to 3200. I agreed with those analysts, traded according to that idea all year, and it came true. So what was the point of S2007S's posts ? After the fact, he claimed he was long US equities all year in his retirement fund. I think he's lying to us and more importantly lying to himself.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
He's been posting about adding to his triple short etfs for 6-7 weeks, yet pretends he's making money regardless. It's all pointless. He posts sarcastic targets and the funny thing is some of them come true. For example, in 2019 he was making fun of some analysts saying the SPX was going to 3200. I agreed with those analysts, traded according to that idea all year, and it came true. So what was the point of S2007S's posts ? After the fact, he claimed he was long US equities all year in his retirement fund. I think he's lying to us and more importantly lying to himself.
my posts are great
Why would I make this up, I have a retirement account that is long 4 funds and now have gone into bonds the last month. Was up 26% last year, right now its down just under 5% last I checked, I upped my contribution throughout the drop to average down into the lows....i bought longs during the gigantic dropped that I have sold off and regret not holding onto some of them longer. And my long 3x etfs have been totally beaten up, I know some i will never recover from but its okay, I'm going all cash as soon as I close in on my target and will wait it out going at least 30-50% cash...im up slightly in 2 of my trading accounts and I'm sure you don't believe it but its all cool. No worries
Better to short or keep out.
This one is gonna be deep, the size of the opening gap says it all.
True but you get so used to up markets that you just have this idea you get a few days like this and the fed comes back into the rescue. A week worth of extreme selling and the fed would have multiple rescue packages ready to go. Not one individual expects a drop back to march 23rd lows at this point so you know the fed would print unbelievable amounts of trillions to prop markets from any further collapse.