Congratulations, You've earned the first like I've ever given.
Is this the most volatile market ever? I think so.
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Congratulations, You've earned the first like I've ever given.
2008 was much more dramatic, now you see some bounces often and volatility is lower.
Nothing compared to late 2008 early 09. There were real panics then. This is nothing.
every 10 years last was 2008 which a long time. or every generation.
one generation is 18-20 years.
even they didn't halt it would be more like 10%
they halted a lot of institutions..remember the pension funds and institutions are not even selling anything.
at least every generatikon at least.
your time has come to die..Buffet generation well 80% of his generation gone. same with Biden.
old men who won't let go. and retire in the sunset. live forever in the afterlife.
selfishness..everyone looking out for their own interest.. dog eat dog capitalism
one generation is 18-20 years.
even they didn't halt it would be more like 10%
they halted a lot of institutions..remember the pension funds and institutions are not even selling anything.
at least every generatikon at least.
your time has come to die..Buffet generation well 80% of his generation gone. same with Biden.
old men who won't let go. and retire in the sunset. live forever in the afterlife.
selfishness..everyone looking out for their own interest.. dog eat dog capitalism
Yes, that was real panic the most I’ve personally witnessed.
you must be getting old and losing your memory..you mean were not here in october 2008 and october 2002??
if you were long equities,,you be barfing and jump down 100 floor building if you were long on margin. there was no bids only market makers and professionals were buying.
seriously just last week if you had long futures contracts and didn't have STOP..and didn't sell...your wipe out last week. futures is like 95% leverage.
same with people selling puts or insurance pff on stocks..your nuts to sell puts in this markets unless it's rigged stock..
if you were long equities,,you be barfing and jump down 100 floor building if you were long on margin. there was no bids only market makers and professionals were buying.
seriously just last week if you had long futures contracts and didn't have STOP..and didn't sell...your wipe out last week. futures is like 95% leverage.
same with people selling puts or insurance pff on stocks..your nuts to sell puts in this markets unless it's rigged stock..
This is nothing compared to 99 08 etc, so easy.
Fwiw I sold most of my TVIX SQQQ UVXY into the close today, up $1400.
Because it's been up down every day this week and I wouldn't be surprised to see a gap up day Friday.... then red monday.
Big picture this market is going to sell off significantly imho and easily lose last December lows. I will continue trading in and out of SQQQ UVXY TVIX to extract as much profit as possible.
The trick is navigating ups and downs with position sizing.
Fwiw I sold most of my TVIX SQQQ UVXY into the close today, up $1400.
Because it's been up down every day this week and I wouldn't be surprised to see a gap up day Friday.... then red monday.
Big picture this market is going to sell off significantly imho and easily lose last December lows. I will continue trading in and out of SQQQ UVXY TVIX to extract as much profit as possible.
The trick is navigating ups and downs with position sizing.