There is no need to trade. Just hold TQQQ from 70 up to 100,000,000 in 10 years. a 1K investment worth 1 billion in our lifetimes.
Lucky you finding shares to short. I can never get them anymore. Maybe it's a good thing if there's a real bear market again this thing will bankrupt some people on the short side.
First congrats on your call spreads, well done. I was just wondering what date you bought them and what price VXX was trading at. Trying to learn how those are priced. Also when you do a trade like that, what % of your account do you devote to the trade?
I fully appreciate the market will go down. However I do not expect SPY to go below 177 in March, i.e. 5% drop or less. The bears here were calling for 30-35% drop tomorrow.
Yes they were out trying to freak people out all weekend and expect it to continue. Not a real ethical bunch. In general they seem to want terrible things to happen which I don't understand.
Do you honestly think there will be a war over the Ukraine? I am looking for no more than a drop to about 1800, so around 3.5% over the next few weeks. You think Ukraine is worth more than that? Why?
This is worse than 9/11 and I think the proof is all those kids posing for pictures with soldiers all weekend.
Hey butthead, ibdman and various other posters here are calling for the LARGEST EVER DROP IN THE MARKET tomorrow on a non-event. now that is surely genius.
You're right I think it's obvious this is worse than 9/11. I am coming around to agree with your point of view.