So the bottom is close at hand? Thanks, good to know!
Kudos to MMs
- Thread starter nitro
- Start date
Nitro, you have been short this market from spx 1000. Let me offer you some genuine advice here. And I am being genuine. If you want to "fade" the market, you need to pick a non inflationary asset. Honestly currencies are probably the best vehicle to fade. Fading an inflationary asset that is just not that intelligent. I'm not saying one can't short indices, one can certainly "trade" indices, but you are not a trader, you are a de-factor long term investor. So pick something that is less asymmetric.
Jesus how do you do it. Your timing for calling market bottoms is amazing. I'm serious, this is like the 3rd time you came on this thread and posted almost to the tick of a major swing low. You know, it's just as hard to be consistently wrong as it is to be consistently right. This is uncanny.
Nitro use to trade in my office. We've had this debate before. He knows my advice to him is sincere.
100 handle SPX loss on Monday. And that is just the beginning. A US default is catastrophic.
http://www.bloomberg.com/news/2013-...s-to-deal-as-senate-stops-debt-cap-raise.html
Even if they came to compromised "deal", it is so glaringly obvious that eventually this has to come to a catastrophe. Then and only then will a real solution emerge. It is the human condition.
http://www.bloomberg.com/news/2013-...s-to-deal-as-senate-stops-debt-cap-raise.html
Even if they came to compromised "deal", it is so glaringly obvious that eventually this has to come to a catastrophe. Then and only then will a real solution emerge. It is the human condition.
yeah nitro, this is gonna be august 2011 all over again. months of vol backwardation will result also. history repeats itself perfectly i don't know why others cannot see what's coming.