Surf Report

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"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.
 
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.

very true, i think jesse livermore lost millions shorting a bull market before he got lucky and struck it big
 
STRP
Nobody on ET saw this coming????

inschrijving.jpg
 
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I'm just going to throw out a guess here. I am typing this at 12:56PM CST. The Dow is actually showing more "structural" strength than the Russell and e-mini S&Ps. I doubt both can be lagging that badly.

I bet that YM sells-off at some point today and touches 20911 again. Longer-term things still look bullish, just talking about today.
 
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.

you're always wrong if you short in a bull market unless you get lucky
 
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