So many traders, big and small got sucked in by the recent rally. This market takes absolutely no prisoners.
Many traders got fooled by recent rally !
- Thread starter Innervoice
- Start date
We had a rally?? When??? Where????And many traders, big and small got sucked in??? How? Do you have any evidence??? Articles? Statistics??
6000 point rally in Dow in six weeks or so. It was not long ago that the entire dow was trading around 6000, (back in 2009).
Poor Mr Rickshawman, i told him last time he was the sucker and he even agreed, but then this latest rally sucked him in again.
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DIA,UDOW had a fair bear rally/still above + closing above50dma/200dma.
SPY benchmark = still closing below200dma \ bear
RGR = great gun, but stock has gotten blasted in the bear market, ytd.
And you know what? It's cuz the government makes it so. Whenever there is any hint of a price drop, the government goes in and props it up. They control the LME, one of the biggest commodity markets in the world via Hong Kong. Looking from hindsight, the British should've just outright owned that island or at least rented it for like 10,000 years instead of renting it for just 99 years. They should've seen China's got 5000 years of history, 99 years is nothing but a blink of an eye. LOL
I faded the bitch and bought heavy UVXY.
Your wife is getting some nice gifts this Xmas I see.
Your wife is getting some nice gifts this Xmas I see.
That would depend on how much snake-oil he managed to sell this year.
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So easy to say after the fact. I bet that's not what was on your mind when the S&P shot up more than 150 points in a snap.
Anyway, why can't you just reverse from long to short? Why must you be a "prisoner" of anything?