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Not another day of selling...
- Thread starter stock_trad3r
- Start date
Quote from Aaron Copland:
These markets are a joke, a complete joke. I feel like a bobble head. Lets play ping pong. Yea I guess I just can't seem to get a handel on the direction.
I am LONG and SHORT both sides does not matter where it goes up or down, completely hedged, delta neutral.
BIDU short stock - LONG calls
BTU short stock- LONG Calls
DRYS- LONG calls ( short hedge taken off ).
I will not hesitate a moment to short stocks.
Let it bleed.
Quote from stock_trad3r:
3 days in a row is just excessive.
12,000 on the dow just got breached
Interestingly oil is down 2 bucks and stocks are still falling. So much for the stupid paleo-conservative theory that falling oil and rising dollar is good for stocks.
Where are they going to take it? Into their grandpas orifices? There is not much more that will happen. DOW tested March lows. SPX can touch them but NDX will not.
economy will still grow but equities or stocks generally suffer from 'inflation' and high commodity prices. as interest rates have to rise or FED isn't doing it's job.
interest rates was a high as 15% in 1982,,,now it's 2% even at 5% it's still low. so the FEd is insane or somebody has the FED with a gun on the FED head.
high oil prices are already causing problems in the economy. airlines, trucking companies etc.
interest rates was a high as 15% in 1982,,,now it's 2% even at 5% it's still low. so the FEd is insane or somebody has the FED with a gun on the FED head.
high oil prices are already causing problems in the economy. airlines, trucking companies etc.
Quote from Jayford:
you won't get that return for the next 5 years i bet. the entire decade of the 70's saw almost no return. that's what we are looking at imo. massive debt by the consumer and nation is a recipe for many years of flat growth i believe.
just my 2 cents.
Different strokes for different folks. This type of market is where I thrive, I've been making a lot of money. But when we got those melt-up markets like April-May, the profits get a little thin. So, don't complain, learn what you trade well and sit it out when the market is not tradeable to you.