best bears can hope for is a flat period
Only a matter of time before teh next leg up
"it can't keep going up forever" -marketsurfer
best bears can hope for is a flat period
Only a matter of time before teh next leg up
"it can't keep going up forever" -marketsurfer
That is never an argument to go short. Unless you want to wipe out your account.
Off course it will go down one day. But by that time most traders who anticipate to early will have had already a dozen of margin calls in best case, and a wipe out in the worst case.
A perfect example of that is the 8 shorts in a row from Surf.
The statement sounds desperate too, not a good sign in general.
I think he means sykesWTF is a Spykes?
I think he means sykes
Implied Vol does not indicate a 15% drop. Where the hell do you get these numbers from? If you believe that then you must be getting long puts right? You are basically saying that the options market has it wrong by about 4% and two months. We will revisit your public prediction in 6 weeks. I will tell you that you are wrong in English or Spanish or whatever language you want. (anyone can use google translate). See you in 6 weeks.