Gotta love ZERO RISK in the SP500 = $$$

noddyboy said:
Just let this thread die please. The "overnight" free money has retraced years of gains. In fact, 90% of this meltdown is due to overnight gap down alone.
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Whether I or anyone else doesn't post in this thread, the day the market shows some sign of life, Rick will revive it with his sarky comments as he always does.
Looks like the climax is near.

Dow -783
Naz -243
 
Thor said:
Whether I or anyone else doesn't post in this thread, the day the market shows some sign of life, Rick will revive it with his sarky comments as he always does.
Looks like the climax is near.

Dow -783
Naz -243
More...


90% of this meltdown was from overnight return...if you didn't hold overnight you will be down -3% and not -30%. Think about that.
 
noddyboy said:
90% of this meltdown was from overnight return...if you didn't hold overnight you will be down -3% and not -30%. Think about that.
More...
About 2 weeks before the crash, I got out.
Knowing fully well it was ripe to fall, my biggest regret is not shorting the first gap because it was based on news. Happens.

If during this entire move, one sniff of news came out that a vaccine was close to being found, the shorts would have been smashed.
 
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Rick_Shawman_Feb.jpg
 
I posted this on another thread recently:


I remember my friend telling me back in '82 that Mad Max eats dog food, i didnt believe him. Now it could be us eating dog food.
 
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