Who's stupid enough to be shorting these levels?

[makloda]

Quote from Debaser82:I am short trough SRS because I want to protect myself from a deteriorating global economy.

Careful with these double short ETFs. Swing trade them over the very short term, don't hold them over the long term, they can end up costing you money even though your trade idea was dead on.

You can short IYR (outright short common or synthetic short with ITM long put/short call) to get "real" linear short exposure.

 

[antincedo]

um, we just broke 750... who's stupid enough to go long?


really? i cant understand you people??

if your time frame is 5-10 years... buy it up, but we just broke 750 and you're really trying to catch the rally?

what part of the game is that? where's captain obvious when you need him?

 

[tradersboredom]

there has to no buyers and zero resistance for short rally or bear market rally. too many bulls with no cash

Quote from ByLoSellHi:

We need longs to ensure we have further to drop!

Thanks for giving me that extra assurance I needed!

If stock_turdl3r ever disappears, I'll have to reassess my paradigm/structural view.

 

[tradersboredom]

i shouldn't post anymore about bear market rally coming. i don't want any early bulls to buy and get stopped out on margin calls.

trade at your own risk this market only gives what it takes and there no money on the table in some stocks or even futures.

last post. don't read message boards or forums either.

Quote from tradersboredom:

there has to no buyers and zero resistance for short rally or bear market rally. too many bulls with no cash

 

[4XQs]

In the words of Jesse Livermore: Prices are never too high to buy or too low to sell...

 

[Red_Ink_inc]

Quote from athlonmank8:

I will. The loosest definition of the term would be when the market is more than 50% below it's lowest point and it's highest point. I personally would consider a "full-blown" bear market to be new all-time lows.

A bear market is a market that is 20% below the highest point. This market more than qualifies.

 

[5yrtrader]

Quote from athlonmank8:

I will. The loosest definition of the term would be when the market is more than 50% below it's lowest point and it's highest point. I personally would consider a "full-blown" bear market to be new all-time lows.

According to my data (it only goes back to Jan 1900, so its not complete) "new all time lows" on the dow would be at 40.5. (Thats the correct number, not adjusted for dividends), Surely you would be willing to declare a bear market at some point before that. Maybe at 100???

5yr

 

[womblevader]

I agree with the OP that market is oversold, but that doesn't prevent it from becoming more oversold.

There is definitely a lot of fear out there, however bonds yields have been increasing while the S&P has been tanking. Also S&P earnings yields are at way record highs even at 48 and 750

My bet is that the smart money is starting to buy in so I am now long.

I particularly like the yahoo headline "No end in sight".

My plan is to gradually accumulate down to 600 and just let it sit there for 1-2 years, and just keep trading FX.

Good luck all long and short.

 

[sumosam]

I thought we would rally today, since we had such a huge drop already (don't see us going straight down). I bought to-day. I say we have further to go on the way down, just expect a short term pullback.

 

[ASusilovic]

10 yr T Bond Yields 2,7770 %. Real Estate no alternative. Money market no alternative.

If you think that stocks P/E ratios are not attractive then go short. If you think we have reached some fair value - buy it.

There is one thing for sure :

lots of volatility. People on this forum like volatility - I assume.