Very true. I am retired and if I could get 5% then no need for stocks. At 1/2% I trade the market but refuse to buy stocks and leanred to trade options by buy a long call then selling calls against it. Much less capital required and alot less risk. I will never buy stock again.
Glad to hear happy news, ace. Have a daughter entering college in the fall. She visited Johns Hopkins and loved it but opted for Columbia and the bright city lights. My wife had the Jolie diagnosis five years ago and opted for the same double barreled remedy. She's doing great. So we all have lots of reasons to celebrate and not let adversity be the end of things.
for the selling to begin. Sell In May came about because WS does not want to worry about money being invested while on vacation, its not more complicated then that.
You have some true blessings to be thankful for. Best of luck to you. Two year ago my wife suffered a heart attack while I was playing golf, just needed one stent and is doing fine and now enjoying our second grandchild. We lived in Baltmore for a few years and JH is great place.
The street is a great place for those that have failed, hedgies and etc. you will be welcomed there.
All the usual suspects with the usual dire predictions. I'm squeezed and humbled and prepared for more pain. Such is life when you trade counter trend.
During the year which she ranked as a 9 on a scale from 1 to 10
she met her "soul" mate,or kindred spirit,if you will, in a Jewish girl from NY/NJ .
Who's father,ironically enough may or may not work in the finance industry. lol
They,along with two "yacht club" girls,will be sharing an awesome apt. together next year,
and I couldn't be happier.
Memorial weekend will mark the two year anniversary of my wife's having suffered a plural effusion
with then the subsequent DX of NSCLC Adenocarcinoma ACUP Stage 3/4 and it's dire indications.
After undergoing chemo,blood transfusions, etc., and then a botched portacath insertion,
today she is doing fantastic !
and I couldn't be happier.
With this coming two year anniversary, because of her DX and because she had been written off
by even John's Hopkins,coming as a HUGE milestone.
With HUGE being an understatement.
So, all is well.
I wish you all the best(you know who you are)
and accept your best intentions (again,you know who you are)
That is all.
There's been overconfident talk from both shorts and longs here for the past three years. None of that has ever signalled a market top.
167 is 100 points from 67.1 low in 50 months
my rule says watch for potential corrective action after gains of 90 to 100 points
SPY would have to sell off more than 6 points to show the minor trend had turned down
breaking back 1/12th of full gain would be further warning
a 100 point gain in 50 months would be a 2x1 time/price balance and that can cause turbulence when price and time square
Monday's are usually volatile because cycles are running over weekend
we are in the 4th stage of this bull and I expect this to end in an extremely high volume top reversal signal bar after a parabolic climax run
that process has started....
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Two missiles fired in the morning, followed by another in the afternoon, according to South Korea's defence ministry.
North Korea has launched three short-range guided missiles into the sea off the Korean Peninsula's east coast, according to South Korea's Ministry of Defence quoted by Yonhap news agency.
The ministry said it detected two missiles fired on Saturday morning, followed by another in the afternoon.
It said the country had reinforced monitoring on North Korea and was maintaining a high-level of readiness to deal with any risky developments.
"So far, your short position has turned out to be a real dumb one. Those little "5 point" jumps will eat you up. "
This little quote by you just shows how stupid you are. Since I went short, we have had one up day, one down day (bigger loss than the previous up day), and another up day. Therefore, before today, my trade was still in the money. So after one bad day I am supposed to cut and run on what will probably be a 40 to 50 point winner? Like I said a few times, you are just too excitable (and stupid) to trade. I have a plan and I will stick with it until it is time to go long again. If I lose money on this trade (which I don't believe will happen), then I lose money on this trade and then I will more on to the next one. The other similarity to kibbles is that you both use multiple aliases that you switch back and forth every day (you have Stupidguy and Plashadope and he has Kibbles and Steve Hutchinson). With that said, it would not surprised me one bit if you two losers are the same person.
This is my last post to you. Have fun talking to yourself.
Looks like the longs are winning per the close today. "I wonder how many days in advance this was planned."
Gee, what is that all about? Was this latest up-move in the market planned? Who planned it? Why didn't you know about it before you went short? Well, (to you) it really doesn't matter, the longs are screwed big-time.