lol not this time
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
lol not this time
Just like that buyer's coming in.
Imagine if buyers could just wait until the market dropped 25 or 40%, the amount of deals they could have. But nope they would rather buy on every 0.32% collapse.
A 188 drop in 2 minutes had everyone questioning what was happening? Its algorithms and bots playing, that was just a sample. Imagine the day when the algorithms and bots go haywire and the dow loses 1498 points in a few hours?? Amazing how wickedly scared people get over a minor couple of hundred drop, but that's what happens when markets go straight up for 11 years!!!!
The Dow is down 200 points on the day following a sudden midday sell-off that confused traders
PUBLISHED THU, FEB 20 20202:38 AM ESTUPDATED 40 MIN AGO
https://www.cnbc.com/2020/02/20/us-...ower-open-after-new-highs-on-wall-street.html
The Dow Jones Industrial Average was down 184 points, or about 0.6%. The 30-stock average went from trading down about 200 points to a session low of down 388 points in roughly two minutes before rebounding. The S&P 500 slid 0.6% and the Nasdaq Composite dropped 1%. Thursday’s moves come a day after the S&P 500 and Nasdaq hit record highs.
The Dow is down 200 points on the day following a sudden midday sell-off that confused traders
PUBLISHED THU, FEB 20 20202:38 AM ESTUPDATED 40 MIN AGO
https://www.cnbc.com/2020/02/20/us-...ower-open-after-new-highs-on-wall-street.html
The Dow Jones Industrial Average was down 184 points, or about 0.6%. The 30-stock average went from trading down about 200 points to a session low of down 388 points in roughly two minutes before rebounding. The S&P 500 slid 0.6% and the Nasdaq Composite dropped 1%. Thursday’s moves come a day after the S&P 500 and Nasdaq hit record highs.
I take it you didn't buy?
Why not wait till it drops 99%? Obviously, the richest 10% who own all the shares are in practice fully invested at all times, with allocations changing only gradually. Incremental day to day demand comes from buyback activity, plus reinvestment of dividends, plus the rich adding more to their stock accounts with every paycheck.
Nuh uh, it will happen only if I buy a single micro lot in *insert equity index future here*.
But I gave the market a head start, and went long 2 Jun MNQ last night. Thus the reason for today's dip.
It's MAGIC!
Ha I can do better. I wait until 99.9%..
Because we do know most of the wealth that's created for the richest 10% actually does come in the form of equity returns and dividends.
Would like to see a drop in NQ to 8500-8700.
