How many times have I explicitly said that this isn't a day trade? Anybody actually read the threads they post in?
Quote from kjones5159:
Not sure where you came up with this data, corporate taxes are at very high levels
Quote from kjones5159:
How many times have I explicitly said that this isn't a day trade? Anybody actually read the threads they post in?
Quote from Free Thinker:
it think it boils down to this.
1. the fed has made cash trash. there really is no other place for your money.
2. the economy is getting better despite what the republicans say.
3. there is free money sloshing around everywhere that has to go someplace. people are buying assets.
4. business has never been more profitable than under obama and right now it looks like he stays so no change in policy.
without some kind of "event" to scare the market the strong hands that own the stocks now will not be easily shaken out.
Quote from atticus:
wtf does "day-trade" have to do with a marked loss? OK, so you're carrying a loss in lieu of covering at the close. I don't want to see you lose, but I am curious as to what qualifies this as a "good call" in your words.
.Quote from kjones5159:
The fact that the trade lasts more than a few hours, not based on trend, that does exist.... ET. It's not finished yet. The catalysts I am looking for have not surfaced yet. And I'm not trading an SPY put or whatever it was that you posted, not sure where you came up with that.
Think of a value styled swing trade instead of intraday charting and pure TA, if that isn't too much to ask, then you will understand my trade.
Quote from atticus:
Right. Losing trades on ET never stop-out, they live-on in perpetuity in the hopes they eventually go ITM. Your GS messiah stated to buy a put on SPX. Perhaps you should read the article you referenced.
In an unusual step for an equity strategist, Kaiser recommends clients purchase S&P 500 puts expiring on Sept. 14 with a strike price of 1375.
How do you think those puts did today?
My point was that the call was to short NOW and it blew.
Quote from kjones5159:
Of course, the people who talk shit on the internet must be smart. This is common knowledge after all.
Quote from atticus:
I didn't author this thread. I am asking for your rationale in determining that this GS clown's call was "a good call" when by all objective measures it was terrible. One of us needs to pull his head out.