...and it's Only week two or three of January! 
(but i'm making a killin, i ain't complainin
)
(but i'm making a killin, i ain't complainin
)
it's like 2008 all over again, S&P 500 -7.52% YTD
- Thread starter lawrence-lugar
- Start date
didn't realize banks were failing left and right
but it's surely 2008 all over after a small dip like this
but it's surely 2008 all over after a small dip like this
Man...today's a dream day for traders, much more for options traders. 
i try to remain calm, but i experience shortness of breath and trembling hands sometimes
i try to remain calm, but i experience shortness of breath and trembling hands sometimes
Man...today's a dream day for traders, much more for options traders.
i try to remain calm, but i experience shortness of breath and trembling hands sometimes
What kind of positions do you have on?
I'm kind of private on giving exact details, but to me...it's a large amount. I come from humble beginnings. (it's all relative)
Cool, I can understand that just curious about the strategies you use not details.
Bought back my short 11 seconds before the 1st Plummet last week as it was going against me.... FML lol
I don't think it's exactly like 2008.
I would say a blend: 80% like the dot com bubble and 20% like the beginnings of the credit crisis of 2007/2008.
On a valuation basis the stock market is definitely getting rich. Not at the levels of 2000 but still ripe for reversion:
All it takes is a jolt from a catalyst and things could begin to cascade. Question is what will the catalyst be? Commodities crashing further? A full on liquidity crisis or credit currency collapse in China? That could be compared to the 1997 Asian Tigers crisis times 100.
I would say a blend: 80% like the dot com bubble and 20% like the beginnings of the credit crisis of 2007/2008.
On a valuation basis the stock market is definitely getting rich. Not at the levels of 2000 but still ripe for reversion:
All it takes is a jolt from a catalyst and things could begin to cascade. Question is what will the catalyst be? Commodities crashing further? A full on liquidity crisis or credit currency collapse in China? That could be compared to the 1997 Asian Tigers crisis times 100.
I've recently started reading a book which called "Business adventures", and a first chapter there is about stock market panic in 1950's, I highly recommend you to read it. The situation in 50's imo is more similar to the current.