Insurance does not pay the bills of the uninsured; in fact, many hospitals file suit for non payment and get judgments for 100 percent of the charges, then write off the charges as a bad debt against income if they can't collect on the judgments through wage liens, attachments, etcetera.
The good news is that once the bounce/ not renewed rally that comes ends, prices will continue lower for the rest of the month.
Gee, and here I thought he billed over $300.00 an hour what with all his professional credentials and all.
And it was a far better time to buy stocks when the unemployment rate was over 10 percent, and the qqq was at 25.00
Well, we all know you clearly haven't shorted it, just bashed it endlessly and lost money the one time you bght puts and royally screwed up as the stock continued to rise to over 50
professional traders do it every day, the TQQQ was a great buy at 9;30 on a oversold signal, not so good when the macd turned back down and crossed when the SQQQ became the proper buy and the TQQQ a sell at the same time. Trades not based on guessing.
People who short do pay money, it's called interest on the borrowed money. Of course, one can just simply go long the SQQQ, etc, no margin interest and more rewarding as long as one doesn't just guess at market direction
Poor Waldo neglects to point out that the stock started falling more than a day ago, and dropped more than the qqq percentage wise off the highs of well more than a week ago. 34.83 to 32.40.
given that the dia hit oversold again yesterday, a bounce should have been expected.
same old pompous know it all that is Wally, lack of professional credentials, no problem at all in Wally world.
More nonsense from Waldo, the drop couldn't possibly have had anything to do with the fact the semi sector was the most bloated of the bunch, nah, just Wall Street attacking INTC.
Meanwhile, AMD rallies on from oversold as all the INTC longs laughed when AMD long was suggested as a hedge.
P, long the SQQQ.
The DOW actually is back at an rsi of 30, the same level that produced yesterday's bounce. The spy did not make another lower low today, the DOw did, I'm hoping for a bounce, that then fails.