June 20, 2008 = Black Friday

BLACK FRIDAY!!!

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Quote from makloda:

Not sure what the fascination is with those hoping for crashes every week. Just trade it like it was an ordinary day.

Predicting and sucessfully shorting a market crash especially in a publicly followed asset class like equities has BIG BRAGGING rights. Imagine telling your mates,grandchildren,mistress,grocer,cat,goldfish that you shorted the S&P an hour before it took a 250pt dump...:D


But whats worse is it shows lack of maturity and ego driven decision making...
 
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