Damn nikkei down another 5% tonight...under 15,000.....I could just imagine if the markets here had a couple of 5% drops....CNBC would be running a 24/7 news report making sure people remain calm ...they would have every bull on the program saying now is the time to buy even though they said buy when the Dow was over 1000 points higher...go figure
Gotta love ZERO Risk Short SP 500 = $$$$
- Thread starter Spectre2007
- Start date
Fed Governor Dudley speaks tomm at 10am.... save your ammo(shorts) for 2:30-3:30..He's been known to goose the markets up.
unloading 400 @ 1838
Careful of tail risk .. As the prior upswing, price creates a tail and sells off.
Tail is 45-55
Sell 200 @ 1852
Cover 1847
Futures surging now....
Still holding all three of those double and triple long etfs. Will be selling mid day on Tuesday as this rally will have to be sold....don't fall for the rallies. It's an opportunity to sell as this market is in a downtrend. Nikkei surged over 1000 points last night. That was an oversold bounce....it might continue to rally tonight but if you can take profits do so....
who do I need to smack around in here?! get with the program, Draghi said all is 'okay'.. some bad loans is all.. moving along.. nothing to to worry about...