Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Be very careful buying at this price. The market will surprise us with a quick correction. Just be patient.
Good point; if they drop I always scale out at 2d lows, in at 2d highs. Just entered v small size to start. wish id bought them a year ago
@Ken, thanks for sharing ^^^ I like this .... more homework
have you also looked at FNGD
EDIT: worth mentioning
https://www.splithistory.com/?symbol=fngu
https://finance.yahoo.com/news/bank-montreal-announces-split-three-231100522.html
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@Ken, I did a comparison of the leveraged & inverse pairs
https://www.splithistory.com/?symbol=fngu
https://www.splithistory.com/?symbol=fngd
as a long term investment equal dollar value in each one, could this be a win-win.
or short FNGD & watch for the next reverse split in the $2 - $1.50 range
other pairs
FNGO/FNGZ
https://www.splithistory.com/?symbol=fngu
https://www.splithistory.com/?symbol=fngd
as a long term investment equal dollar value in each one, could this be a win-win.
or short FNGD & watch for the next reverse split in the $2 - $1.50 range
other pairs
FNGO/FNGZ
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From March 18th :
SPX has risen 5% since; you really needs to stop posting these pointless warnings about some impending correction. Chance of a correction right now is LESS then the average chance of a correction of any random day the last 11 years.
U.S. producer prices surge in March
PUBLISHED FRI, APR 9 20218:56 AM EDTUPDATED FRI, APR 9 20219:12 AM EDT
U.S. producer price index rose 1.0% in March, vs 0.5% increase expected
U.S. producer prices increased more than expected in March, resulting in the largest annual gain in 9-1/2 years, fitting in with expectations for higher inflation as the economy reopens amid an improved public health environment and massive government funding.
PUBLISHED FRI, APR 9 20218:56 AM EDTUPDATED FRI, APR 9 20219:12 AM EDT
U.S. producer price index rose 1.0% in March, vs 0.5% increase expected
U.S. producer prices increased more than expected in March, resulting in the largest annual gain in 9-1/2 years, fitting in with expectations for higher inflation as the economy reopens amid an improved public health environment and massive government funding.
You are right about my warnings but it does not mean I am not making money in this rally. I shorted VZ at 58.80 and I also selling out of the money PUTs at the right prices and if the market drops, you will be in trouble but I won't.
That kind of confidence in " NO correction" makes the downside more severe and damaging/profitable.