Again, you are thwarted by the world pursuing good outcomes. If only the world tried to destroy itself you could make some money on your triple short etfs.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Again, you are thwarted by the world pursuing good outcomes. If only the world tried to destroy itself you could make some money on your triple short etfs.
But he has good excuses...it is a conspiracy!
He's not wrong - it just is what it is. It all ends badly but good luck timing it.
Do you want to be right or do you want to make money?
Do you want to be right or do you want to make money?
Actually, the evidence clearly illustrates he's been wrong at almost every point in 11 years running. Remember, it's not just about a corrective move in markets, it's about determining the size of such a move. With an unreasonable expectation you don't win. Case in point March 2020 a ton of traders got caught shorting markets heavily in the early days of the recovery in stock prices. In reality, it was a huge trading opportunity long I couldn't believe the bargains here in Canada.
The Fed minutes just delivered the first shot across the bow. Use caution now.
You ain't seen nothing yet.
Get yer popcorn ready huh?
Yeah. The minutes are portending a shift in Fed thinking. Markets don't like the prospect of less market props. If Biden gets elected, welcome back March 23rd lows. Especially when Trump rescinds all his tax-related orders to make Joe look bad, and then in January when Biden starts with the tax increases, and Powell goes wild and starts raising the Fed Fund rate, like he's been DYING to do since took office in 2018.
He tried it once and got slammed by Trump, repeatedly. Then he slashed rates to near zero because of the virus. He will be unchained soon, and God help us all at that time.