waterfall decline underway?
- Thread starter LT701
- Start date
If there was a 15% crash in one day, I'd be all in the next morning.
If there's a 15% correction over the next couple months, it would depend.
Great question. It made me think about 50 different variables.
What you are experiencing will become know as...........
The March Massacre of 2007
Most of you are probably too young to remember the October Massacres of `77 and `78....not me.
That is why I said to "Sell all stocks and go short or at least cash", back in early February. I hope you were listening?
http://www.elitetrader.com/vb/showthread.php?s=&threadid=86036&perpage=6&pagenumber=18
The March Massacre of 2007
Most of you are probably too young to remember the October Massacres of `77 and `78....not me.
That is why I said to "Sell all stocks and go short or at least cash", back in early February. I hope you were listening?
http://www.elitetrader.com/vb/showthread.php?s=&threadid=86036&perpage=6&pagenumber=18
Quote from rtstrading:
What you are experiencing will become know as...........
The March Massacre of 2007
Most of you are probably too young to remember the October Massacres of `77 and `78....not me.
That is why I said to "Sell all stocks and go short or at least cash", back in early February. I hope you were listening?
http://www.elitetrader.com/vb/showthread.php?s=&threadid=86036&perpage=6&pagenumber=18
Any comments on this now? Not trying to be a smartXss, but just surprised that all these bearish comments of supposedly great traders have disappeared...
By the way, for the last few trading days my fully automated "bot" (http://www.elitetrader.com/vb/showthread.php?s=&postid=1281545&highlight=stockssniper#post1281545) was short.
During the the last 3 days, I lost around $10K per day. But I am still leaving it on/live, as I believe these losses are expected drawdowns, and I didn't reach my pain limit yet.
SS
During the the last 3 days, I lost around $10K per day. But I am still leaving it on/live, as I believe these losses are expected drawdowns, and I didn't reach my pain limit yet.
SS
Quote from Lorenzo:
11700 next target for the DOW....
I think this overlay thesis needs to be updated just a little bit. Just because we find similarities, doesn't mean they have to continue.
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