Presently I have 10-11 bear/short positions in place. And in spite of the Board dolt's comments to the contrary all were posted real time as a matter of record. In addition,I adde NFLX at 215.71. And want to add Coach and several of the
new" high flyers ie. the consumer staple stocks which are selling at near record multiples. That and Cramer is banging the desk on them as buys right here.
Let bthe "blow off" run. And add in segments.
The global PMI's and the bond market rates here and in Germany are giving very serious global recessionary signals. India and remember thisd when it hits the headlines,has a serious banking crisis coming. China is on everyone
buy" list. Dismissing the slowdown there as "intentional" action by the Government. Pure mindless gibberish. They hsave a growth proble because of Europe and their real estate sector and ergo their bank loans affiliated with real estate
My overall performance YTD dropped today as the airlines and housing sectors moved higher. I might add to both sector short positions when the blow off abates. Is it tough to fight the action. Absolutely. But over the years I have done exceptionally well by being "early" and actually,considering thee parabolic move going on am still in very good shape.
The NFLX short play is a wild ride play. No doubt. But there are serious questions around that cos.'s business plan and execution.
I trust the real time posts - again - quiets the poopydoopy lads who spend most of their day dissing others.
GL to the players with real money in the game.
I do wish you luck so...I believe your kissing your sister. You're not going to get
much out of playing that game. Its entertaining just like a weekend of betting
on football. You have yourself all over the place. Reduce by 50% to your top
"tza crash" Don't disagree with your observations. And probably will do so. But.what we just saw in the latest "mimi' crash (down 155 points in 1 1/2 minutes) is in my my opinion a preview of the future. This Market is a sham. There are NO bids underneath it. Period. A high stakes game of Financial Musical Chairs. And there are NO chairs. I'm comfortable being short the positions I have on. But agree on your basiic premise. GL
'adopt' I agree and it is one of the ptimary reasons for my short play. I do also believe that it will be sooner than that. But,even so,I can be patient. It is a big capital layout stock,but if they stumble the downside is 50% or more. I am not a fool and am fortunate to have "deep" pockets and will watch it carefully per the potential upside.
This Market has "bubble" emblazoned aaaaaal over it. It has for awhile for sure. But the disconnect has widened very sharply here. The global macro data is deteriorating at a pronounced level now. The Market will ignore it indefinitely.