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Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
It's not necessarily a question of "who saw this coming"; it's all the interference that is run during the process. It goes back to something that I said earlier in this thread...the short side has had maybe minutes to cover at extreme lows, whereas the bull side can have hours, days (even weeks) to liquidate (it's possible that is changing)...repeat that process 5-10x and the market gets so thinned out that we see the kind of extreme action that we're seeing lately (plus the always present "Fed put" and the psychological warfare associated with that).
Maybe that tune is changing where the short side will now have hours and days to cover where the longs will have minutes to sell, we can only see what you said as true due to the 6+ year old bull market where buying every single dip turned into a profit, that has to change, with the weakening economies, the fed being totally clueless on what to do with rates and a worldwide recession coming with the fed having zero ability to control the next down cycle its time to realize that this market is tired and that there is such thing as downside risk moving forward.
new intraday lows. damn nasdaq is off almost 100 points, this reminds me of the dot com days when the nasdaq would move triple digits, this is getting fun. Went long a little XIV for some fun and JDST on the dip.....
Your trading is as scattered as your sentiment...If it rallies you post something emotional, if it drops you do likewise...And just earlier you thought the s&p would break 2040, but you are going long ahead of it...
- NEW INTRADAY LOWS!!!!!
DJIA$DJI
17,092.17-256.56(-1.48%) - NASDAQ$COMP
4,916.15-102.90(-2.05%)
Your trading is as scattered as your sentiment...If it rallies you post something emotional, if it drops you do likewise...And just earlier you thought the s&p would break 2040, but you are going long ahead of it...
I went long XIV, yes, I did it to hedge against my gains in my portfolio that is very green today, I own a lot of TZA and SPXL so I bought some XIV today.....
I do believe it breaks 2040 however with this crazy market it could reverse in a matter of an hour and the dow could be up 100+ points, thats why I added that position....
I went long XIV, yes, I did it to hedge against my gains in my portfolio that is very green today, I own a lot of TZA and SPXL so I bought some XIV today.....
I do believe it breaks 2040 however with this crazy market it could reverse in a matter of an hour and the dow could be up 100+ points, thats why I added that position....
ok, I see..
tom lee should be on cnbc any second now, he usually likes to talk up the markets and give reasoning for his most bullish calls, especially thinking the s$p is headed to 2300+
I can remember back some years that the Fed (when all else fails) would do some really nasty interventions on Thurs before OpEx...