S&P will be under 700 within days
- Thread starter B. Rowshan
- Start date
Knock yourself out junior.
I'm proud of this thread! S&P plummeted -7% the next day. It was a great call.
But please don't imply that I ever asked for a thread to be closed..b/c I haven't. i never hide from my words..something maybe you can learn from.
Thats true, and it was a well timed call that the market would trade lower. HOWEVER, that was NOT the call. The call was S&P will be UNDER 700 within days.....read the title OF YOUR THREAD again.
Also, check out the question YOU posed in YOUR poll.
Also, check out the question YOU posed in YOUR poll.
You give him too much credit. 7% swings are little more than noise at current volatility levels. He made this call after the S&P had fallen below 800...it wasn't that bold. Since he made his call, stocks have had their biggest 2-day percentage gain since 1987!
Bottom line: he didn't come close to hitting his target "in a few days" and his call is deeply in the red as of today's close.
Bottom line: he didn't come close to hitting his target "in a few days" and his call is deeply in the red as of today's close.
MK, I edited "plummet" with "trade down" to lessen the credit I gave him 
I have always given credit for good calls in the past, but this one was wrong. Plain and simple.
No big deal. No one is right all the time.
Unless you trade like stock_trad3r and bury your head in the sand while your portfolio falls 70% in 10 months, a few wrong calls won't hurt too bad.
Anyway, good luck RubberThornJamesRowshanStockBird.
Son, I will give a D+ for your call. It was a breakeven at best and a big loss at worst. In that "few days" the market had the largest 2 days gains in history!!!
If an idiot believed you when the market was around 750 (my prediction for the bottom) and bought puts expecting further drop withing a few days, he was completely whiped out the next day....
But on the bright side, you can always play again!
