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Old 12-26-2018, 12:55 PM
 
672 posts, read 256,211 times
Reputation: 768

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Quote:
Originally Posted by Ariadne22 View Post
Indeed, as so aptly put upthread, "you may want want to contain yourself"....

Repeat to yourself - until it sticks:
Relief Rally = Bull Trap
Relief Rally = Bull Trap
Relief Rally = Bull Trap
Relief Rally = Bull Trap
Relief Rally = Bull Trap
Relief Rally = Bull Trap
Relief Rally = Bull Trap
Relief Rally = Bull Trap
Relief Rally = Bull Trap
Relief Rally = Bull Trap
And, then, repeat again.

Dow has LOST - 18.9% in the past three months. This isn't ending today.
Bull Trap indeed.

I'm getting ready to buy some PUTS soon. Time to make some money off the Jackass in Chief's twitter rants.

If it's a real bloodbath I should make a few hundred K from a ~10-12K bet. At the very least I should triple my money.

 
Old 12-26-2018, 01:02 PM
 
34,300 posts, read 15,649,302 times
Reputation: 13053
Quote:
Originally Posted by AnotherTouchOfWhimsy View Post
Welcome back! The Dow bounced up so I am sure we all expected you to come back promptly for more crowing (until it slopes downward again). I can't tell if this whole thing is a parody or not, but either way, it's funny, so good job!
Yeah, I'm sure we are all enjoying life. I know I am. Filled my truck up today with a smile too.

I have some more parties to attend over the next week and traveling to do but I'll check in when I can and try to sooth the savage market beasts.
 
Old 12-26-2018, 01:03 PM
 
12,772 posts, read 7,976,365 times
Reputation: 4332
Quote:
Originally Posted by Prophet619 View Post
Bull Trap indeed.

I'm getting ready to buy some PUTS soon. Time to make some money off the Jackass in Chief's twitter rants.

If it's a real bloodbath I should make a few hundred K from a ~10-12K bet. At the very least I should triple my money.
You missed plenty of opportunities to be doing that in the last ~2 months.
 
Old 12-26-2018, 01:03 PM
 
672 posts, read 256,211 times
Reputation: 768
Don't be surprised if the market gets cut in half from the 2008 low. This has been brewing for awhile.
 
Old 12-26-2018, 01:05 PM
 
672 posts, read 256,211 times
Reputation: 768
Quote:
Originally Posted by t206 View Post
You missed plenty of opportunities to be doing that in the last ~2 months.
Wanted some confirmation. The confirmation is there now. Time to make the bet.

I don't like using shorter term options. Buy QQQ 140's at 163-165 for Jan 2020 and sell after they make the drop.
 
Old 12-26-2018, 01:07 PM
 
11,404 posts, read 4,084,700 times
Reputation: 7852
Quote:
Originally Posted by phma View Post
I'm right here :
President Trump is absolutely the greatest on the economy.


The OP has a life unlike a lot of the hair on fire liberal fearmongers who can't wait to tell us what the day was going to be like in the markets. They can't get one day right and they want people to take them serious on the economy and DOW.

What changed in the economy today. Quick get Chicken Little and have him/her give the report !!!


Armageddon they cry daily . Blame Trump for their own bad decision.

Can't manage their own accounts !!! Trump is pulling the levers in the markets from Iraq today, they say. Check with Chuck and Nancy, see what they can do !!! Fund the WALL !!!

There you are.

You've been taking a beating in this thread the last few weeks, and you're always a good sport about it.

Hats off to you for weathering the storm and the drubbing you've been taking in here lately.
 
Old 12-26-2018, 01:10 PM
 
12,772 posts, read 7,976,365 times
Reputation: 4332
Quote:
Originally Posted by Prophet619 View Post
Wanted some confirmation. The confirmation is there now. Time to make the bet.

I don't like using shorter term options. Buy QQQ 140's at 163-165 for Jan 2020 and sell after they make the drop.
Fair enough, I've just been trading SQQQ for a while now and couldn't be happier about it. Using it ot build my cash position for later buying opportunities and building some of my long positions.
 
Old 12-26-2018, 01:14 PM
 
20,955 posts, read 8,672,766 times
Reputation: 14050
So, let's see - we have a bunch of people who say they can profit off the misery and therefore it's a good economy. It seems they don't understand that, other than in organic growth, when someone makes money off misery, many are losing money.

Heck, the Germans and Poles celebrated when all the Jews were chased out of their apartments. They got to get the stuff and move in!

But that's not the same as a great and sustainable economy. Maybe another thread for BEAR investments would be prudent? This one is discussing how wrong those people are/were who said Trump knows business.
 
Old 12-26-2018, 01:14 PM
 
672 posts, read 256,211 times
Reputation: 768
Quote:
Originally Posted by t206 View Post
Fair enough, I've just been trading SQQQ for a while now and couldn't be happier about it. Using it ot build my cash position for later buying opportunities and building some of my long positions.
Last few months have been like trying to catch a falling knife.
 
Old 12-26-2018, 01:16 PM
 
20,955 posts, read 8,672,766 times
Reputation: 14050
Quote:
Originally Posted by NeutralParty View Post
There you are.

You've been taking a beating in this thread the last few weeks, and you're always a good sport about it.

Hats off to you for weathering the storm and the drubbing you've been taking in here lately.
He's gonna be beaten down until we cross about 27500, which would be a 10% increase in a year+ from his OP.....deservedly so.

Also, remember that many normal people are going to bail....once again making the rich richer while the average Joe loses his arse.
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