Gotta love ZERO RISK in the SP500 = $$$

Worst week in 2 years???
Think about that....this drop still looks like a tiny blip on a 10 year chart, I'm not going to get excited until the Dow drops a few thousand points....


Dow falls 450 points as interest rates shoot higher, stocks head for worst week in 2 years
  • The major indexes were on track for their worst weekly performance in two years.
  • The benchmark 10-year yield rose to 2.85 percent.
 
Haaaaaaaaaaaaaaaaaa
Cnbc headline just moments ago
Too amusing....looks like cnbc is going to have one of those all night specials on why the markets dropped and to help everyone remain calm

Haaaaaaaa



BREAKING: DOW DROPS 500 POINTS
 
Here's a way to look at it. Man falls down a flight of stairs chances are he can get back up. Man falls out of a three story building he will need some time to recover. This weeks drop was a second story drop.
 
S2007S said:
Worst week in 2 years???
Think about that....this drop still looks like a tiny blip on a 10 year chart, I'm not going to get excited until the Dow drops a few thousand points....

...
More...

I still have my longs in place but am down a combined ~1,200 points between the two YMs. I am starting to lose the time edge now though on the March YM, as we have only 6 weeks for it to come back some. Not to mention, I went long on a March NQ and that's down about 160 points. Those March entries may bite hard this quarter.

It is interesting when put into perspective. I remember Jan 2016, it was when China was playing hanky-panky and it rattled the shit out of everyone. It didn't take long to get back to where the fall started (About a month?), but is this time different because of the bond yields and possible rate hike which now seems very likely?

Hmm, only time will tell of course.

P.S. If I was flat, this is a hell of a time to go long! Too bad I was long at the top AGAIN! lol, and the circle keeps turning.
 
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