Gotta love ZERO RISK in the SP500 = $$$

Nice to hear that your cashing in on it, this thing is going to haunt me when we touch 2000 tomorow.

romik said:
No more screwing around, more rate rises next year, so however they massage it stocks will be heading down. Christmas rally ain't happening this year, I feel great relief that my bet is coming into fruition.

I recall someone saying that my stop above ath is too wide and I replied that it's essential to move stop outside ath when betting on a macro chart and what happened since proves the point, they almost moved index there, but failed.
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It's funny reading the posts, thing goes up, silence or comments of distress, thing does down, rejoice, you guys are like yoyos following price, then one looks at the yearly chart and it's a doji and digging deeper, a big triangle.
 
romik said:
No more screwing around, more rate rises next year, so however they massage it stocks will be heading down. Christmas rally ain't happening this year, I feel great relief that my bet is coming into fruition.

I recall someone saying that my stop above ath is too wide and I replied that it's essential to move stop outside ath when betting on a macro chart and what happened since proves the point, they almost moved index there, but failed.
More...

Your whole premise that stocks will go down because rates go up is faulty to start with. Historically, this isn't true at all, because usually when interest rates are first raised, it signals some major positives on the underlying economy. So don't be too sure about where you think US indexes will go from here.
 
Autodidact said:
It's funny reading the posts, thing goes up, silence or comments of distress, thing does down, rejoice, you guys are like yoyos following price, then one looks at the yearly chart and it's a doji and digging deeper, a big triangle.
More...

I believe you also go awol when markets slide ;)
 
Nine_Ender said:
Your whole premise that stocks will go down because rates go up is faulty to start with. Historically, this isn't true at all, because usually when interest rates are first raised, it signals some major positives on the underlying economy. So don't be too sure about where you think US indexes will go from here.
More...

So you think raising rates with $18t of debt is a positive? I am a technical trader, I do get involved in discussions about rates etc, but that doesn't influence decision making.
 
romik said:
So you think raising rates with $18t of debt is a positive? I am a technical trader, I do get involved in discussions about rates etc, but that doesn't influence decision making.
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Yeah the economy is just doing fantastic, lol greenshoots baby, buy buy buy.
 
Autodidact said:
Im neither a bull or a bear. However, I'm a huge fan of volatility.
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Then why are you bitching about peoples calls? Every day the market feeds you information, its up to you to try to decipher that information and outsmart your opponents, i dont see anyone here making long term calls, mostly swing/day trades, traders change their opinion on a daily basis based on info, so whats your issue?
 
Max E. Pad said:
Then why are you bitching about peoples calls? Every day the market feeds you information, its up to you to try to decipher that information and outsmart your opponents, i dont see anyone here making long term calls, mostly swing/day trades, traders change their opinion on a daily basis based on info, so whats your issue?
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Comedy, laughter, sadism and sometimes, if I feel like it, altruism.
 
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