The sign of the times

[tsfx]

sorry if i came a little harsh with my post.

I was explaining how to play it when one isn't sure about the exact timing. Nobody said I didn't buy puts once the down move STARTED.

Alright, no worries. It would've perhaps made sense to mention that also, verticals alone just didn't make sense to me when one is trying to bet on a bigger fall, that's all.

So, did you ? Buy the puts ? And how do you know when down move HAS started and lasts ? Lots of examples when down moves were reversed brutally.

But why don't you try to predict the top of a 10 year long bull market and tell us how it goes?

as i said in my previous post:
"And that's (timing) something you'll never capture successfully constantly long term. Has mostly to do with randomness and is considered just being lucky." So, in short - i can't.

 

[murray t turtle]

%%
Amazing;
one lady on NPR finally told the truth. She said you could call it the largest DOW drop; but really on % basis, not much...................................................................................

 

[Gasparov]

I wonder if I should ask that guy who he feels now...? He was not very cocky though, so maybe I'll leave him be.

But I have a few cocky longs in my social circle who loves boasting about their stock market gains. I heard comments as late as early last week.

I'm silently enjoying things at this point, but think I'll need to make a comment eventually.

make sure to share some reactions then