Oh well, he just missed a 3% down move on the Nasdaq then.
And this is assuming that leverage is zero!
I will say it for the last time : there is no such thing as "good" or "bad" news, only traders on the wrong side of the market.
More Bad News for the Nasdaq tomorrow .... this is not good !
- Thread starter derektrader
- Start date
Oh well, he just missed a 3% down move on the Nasdaq then.
And this is assuming that leverage is zero!
I will say it for the last time : there is no such thing as "good" or "bad" news, only traders on the wrong side of the market.
I say the Naz bouncing off the 50 dma is giving investors false hope. The Naz will blow right through it next week. This over valued market will crash ladies, gentlemen, and knuckleheads.
This is the second thread I have seen where you have portended this doom. When did you switch from political rabble-rouser to market seer? I missed the conversion thread.
A "crash" is a downtrend, short it and make money.
Or you complain about it at your local bar.
It's up to you.
go long then, SQQQ
Perhaps he is trading a retirement account and cannot short. The government, in all its typical wisdom, has decided it is too risky to use retirement funds to borrow against for margin. So the solution is to use even more risky choices such as options and futures.
government and wisdom in a sentence together is an oxymoron.
Ah, this isn't perennial