Gotta love ZERO RISK in the SP500 = $$$

Quote from makloda:

Wait a second, wasn't it you posting pics of underage chicks? :p
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Underage?... perhaps you should deal with that psychological projection there Father O'Brien
 
Quote from makloda:

928 days since the SP500 had a one day decline of >2%... Why argue against facts and statistics!!!!! Dipsters know: THERE IS NO RISK!!!!!!!!!

:D

2declines.jpg

http://usmarket.seekingalpha.com/article/25254
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This market is soooo awesome!!

Is there an updated chart available?
 
Did anyone see last nighs closing in asia. Shanghai should jump through 3000 tonight. Continue to buy, after nearly a 200 point gain in 2 days on the dow it still goes higher without any problem. Bernanke will only speak positive today about how great this economy is, market should close above 12800 without a problem. Just BUY.
 
Quote from makloda:

CONGRATS TO EVERYONE LONG ... BALLS OF STEEL ARE REWARDED BY THIS MARKET, AS ALWAYS $$$
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If its that easy why would 'balls of steel' be required??

Averaging down and praying aint a strategy.......
 
Quote from wee man:
Averaging down and praying aint a strategy.......
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I'm sorry it's hard to grasp for some, but I try not to understand this market too much nor am I trying to fight the tape, I just go with the underlying trend to make $$$, even if that means averaging down into a position.

Not everyone is a scalper that trades tick by tick and aims for a quick 1 pt gain :p
 
Quote from wee man:

If its that easy why would 'balls of steel' be required??

Averaging down and praying aint a strategy.......
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so then please tell me where is the risk going long indexes??


WHERE?
 
Personally,I would be careful espousing the "risk free cash machine " outlook,attitude I see some believing here. This thing could turn on a dime out of nowhere and slap the yin yang out of people.
Having seen many clients get burned BADLY during the crashes of 87 and 89-esp. those naked put writers,heavy on margin,etc...- I would temper my excess enthusiasm and practice some prudence here.
what is the saying...pigs get slaughtered ??:)
 
Quote from aspenboy:

Personally,I would be careful espousing the "risk free cash machine " outlook,attitude I see some believing here. This thing could turn on a dime out of nowhere and slap the yin yang out of people.
Having seen many clients get burned BADLY during the crashes of 87 and 89-esp. those naked put writers,heavy on margin,etc...- I would temper my excess enthusiasm and practice some prudence here.
what is the saying...pigs get slaughtered ??:)
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I heard the same thing 4 years ago.... some reading for your enjoyment.. oh and please check the dates of the posts...... thanks!

http://www.elitetrader.com/vb/showthread.php?s=&postid=266358#post266358

http://www.elitetrader.com/vb/showthread.php?s=&postid=269982#post269982

http://www.elitetrader.com/vb/showthread.php?s=&postid=271019#post271019
 
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