And $SPX is down a further 15% since then.
The Clues You Missed: 5 Super-Obvious Signs We Were in a Financial Bubble
- Thread starter gwb-trading
- Start date
Seeing that the market had already been down 8% for the year when you said that, giving you an 8% edge just to MAKE that statement, and you could have lost up to 7% at one point if you actually shorted when you made that statement, while at the same time you used the word "likely", which means even with an 8% edge and the market looking like garbage, you're simply making a weak suggestion, not a prediction with any substance. So no, just no.
/edit: we all have our strengths, as do you I'm sure, am just making an inference that post probably wasn't the best choice to highlight one of those strengths.
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Likely as in who really knows. Ever.Seeing that the market had already been down 8% for the year when you said that, giving you an 8% edge just to MAKE that statement, and you could have lost up to 7% at one point if you actually shorted when you made that statement, while at the same time you used the word "likely", which means even with an 8% edge and the market looking like garbage, you're simply making a weak suggestion, not a prediction with any substance. So no, just no.
/edit: we all have our strengths, as do you I'm sure, am just making an inference that post probably wasn't the best choice to highlight one of those strengths.
Clowns use words such as will, have to, should, no doubt, never, always.
So far 5 months later it is still the case likely lows for the year are in. Ignore it if it floats your boat.
That post was one of many during the month of January where I warned was happening. Did I make a call? No, clowns do that.
Now it's cool to talk matter of factly about the markets having been a bubble after ridiculing people who had been saying that same thing for a while?
FTX Arena
The FTX Arena (formerly known as American Airlines Arena during 1999–2019) is a multi-purpose arena located in Miami, Florida, along Biscayne Bay. It was constructed beginning in 1998 as a replacement for the Miami Arena and designed by the architecture firms Arquitectonica and 360 Architecture. The arena is home to the Miami Heat of the National Basketball Association.
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Only an idiot makes the same mistake twice.
PSI-Net Stadium I think they called it.
In Baltimore.
Lost my ass to the curse. But for awhile there, I was up like a king.
"The stadium was originally known as Ravens Stadium at Camden Yards, until PSINet acquired the naming rights in 1999, naming it PSINet Stadium"
Many analysts pushed PSINet stock, and they were burned.
PSINet isn't the only company to fool analysts. Household names such as Lucent Technologies Inc. and Xerox Corp. also caught the analysts by surprise as their stock prices collapsed.
