Gotta love ZERO RISK in the SP500 = $$$

Oh have i got your attention now...good. Were adding a little something to this month's sales contest first place is a Cadillac Eldorado, second place a set of steak knives, third place your fired.
 

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S2007S said:
Now the fed has the entire year off....zero chance of a rate hike....just as I predicted ...so instead of wasting countless hours at meetings and waiting to hear all their dribble they should just come out with a statement today while the market is open and let wallstreet know NOW that there will be ZERO rate hikes for the reminder of 2016.....come on yellen make wallstreet happy like you always do...just tell them zero rate hikes for 2016....everyone knows the economy is too worthless to handle a .50% fed funds rate...haha
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Ohhhhh did i calm this or what....just a few mins ago this was released....


So damn pathetic.....


http://www.cnbc.com/2016/06/24/fed-rate-hike-off-the-table-for-rest-of-2016.html
 
i'm not shorting the s&p anymore, i think brexit is overblown and now the fed probably won't raise for a while...which is an excuse to pump this market to ath potentially
 
recession2016 said:
i'm not shorting the s&p anymore, i think brexit is overblown and now the fed probably won't raise for a while...which is an excuse to pump this market to ath potentially
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I could lean on the yes side to that thought. I think tomorrow markets open lower and trade higher once everyone knows that BREXIT is overblown and that $2 trillion worth of worldwide market value was lost in one day
 
$2 trillion was lost in equities you mean, right? But then think about the gains elsewhere. You see bonds and gold on Friday? I'm sure some of that is offset a bit.
 
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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DRIP nearing $8 as I write this.

Came close to $8 couple of weeks ago and sold off hard to low 6's...I bought more at $6.35 sold today at $7.12...missed out on the next .85 cents worth of profits from that sale but still holding onto 1/2 position which is bright green.....selling most of that above $8.50...down 18%...now up!!!!!
 
FCXoptions said:
$2 trillion was lost in equities you mean, right? But then think about the gains elsewhere. You see bonds and gold on Friday? I'm sure some of that is offset a bit.
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They did not specifically mention that so I don't know...all they said was $2 trillion worth of lost market value world wide?
 
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