dumbrummy is losing his #$%$ because he cannot think for himself. he believes the lies told by the gov't and especially the Fed. Place the moron on ignore because he adds nothing to the conversation, ever.
no sweat... a favorite new short position with LOTS of meat left on the bone are my March LULU $60 puts, of course, I purchased mine at $62 last week and published my idea here on this mb... also -- SPG -- Simon Property Group -- the REIT that owns shopping malls and rents/leases out space, just had a lousy ER/CC with underwhelming guidance, same as mid '08 when folks slowed spending and REITs like SPG led the way down. Anyway, I topped off my March $185's when the stock inexplicably spiked to $188-189 recently. Sold my NUGT too early but added to miners... check spot gold price overnite -- $1209 USD -- and the fear has barely begun hahahahaha
these days I define a leap as anything over 4 months, the same way that 'longs' or 'investors' rarely hold for more than a year or so. Because as we all know, you can rent this market, but you cannot own it anymore. The Federal Reserve et al has made that impossible. The bygone days of "buy and hold" ended years ago -- except for silver/gold at these still discounted prices.
Poor terminology, my apologies.
you may be waiting a while... enjoy the other half of your position. I still hold my entire position however.
bears should "hedge"?
Most bears define their risk ahead of time, and there aren't as many bears left as you might think. The bears I know aren't hedging, they are selling with malice and prejudice.
at the money PUT leaps on the indices and the obvious bubbles whose charts have recently broken are all LOCKS for ridiculous gains in 2016.
Schiff and a handful of others who have been sounding the alarm for literally months are about to have their day in the sun, where once again they get to say "I TOLD YOU SO"... but Peter will only embarrass CNBS in this fashion, he is classy but only insults those who tried to humiliate him because his timing wasn't "perfect"... if they held the other shills on that cesspool of disinformation to the same standards, they'd ALL be out of a job. They will be eventually however.
very few folks here and elsewhere have a clue of just what lurks around the corner... the most recent HUGE 'tell' was Deutsche Bank's ceo's assurance to the world that they are "solid". Not unlike an NFL owner giving his 0-5 head coach the dreaded 'vote of confidence'... anyone not positioned for another downside "whooooosh" will have multiple regrets very soon.
breakout us here... but I'm sure that "everything is just fine"... as CNBS, LIESman, Pizzonyou, and the rest of the bubbleheaded morons have assured you.
got miners? I do. And physical. And puts on the indices and the rest of the trash heap that has been passing for a "market"...
the TLT's breakout above 130 yesterday tells me that the market already knows this. Lack of growth and clarity is the focus now, and it's why we are finally seeing multiple contraction in the bubble/momo stocks... risk OFF bitchez
bulls complacency is about to morph into fear, only then can the panic ensue that is required for capitulation. When we see 1000+ new lows on the NYSE with ADV/DEC of 1/20 then you can go long for a trade. But not before.