The VIX op-ex (AUG) yesterday kind of screwed things around with the VIX but that's something worth noting.
Fed hopes and economic optimism. Crazy.
Yes, and I have been short DUST the entire time made all of it back and then some. Look at DUST on 7/29/13 and look at it now. Enough said.
Yes. DUST is down 80% since her call. A great short to anyone who traded opposite her.
It would be wise for some of you to look back at that quote for future reference (I do think the bull is ending but this is a great quote regardless):
I think it was a long step forward in my trading education when I realised at last that when old Mr Partridge kept on telling other customers, “Well, you know this is a bull market!” he really meant to tell them that the big money was not in the individual fluctuations but in the main movements-that is, not in reading the tape but in sizing up the entire market and its trend.
The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. Old Turkey was dead right in doing and saying what he did. He had not only the courage of his convictions but also the intelligence and patience to sit tight.
Disregarding the big swing and trying to jump in and out was fatal to me. Nobody can catch all the fluctuations. In a bull market the game is to buy and hold until you believe the bull market is near its end.
Remember that stocks are never too high for you to begin buying or too low to begin selling.
Yes. I bought last night and my limit got filled so I've been scalping all day. It was up over 3% this morning, went red for the inventory report, and is now surging. This will be a huge bar in size and volume and the trading activity indicates a trend change.
Inverse H&S short-term to 4.050.
Remember the Veg had this gem?
vagitarian_kid • Aug 11, 2014 2:04 PM
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xman makes a fool out of himself again
Some things never change.
xtgeminiman • Aug 11, 2014 2:09 PM Remove
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See my post on mental disorders. IWM is up more than 1% still...
She's the worst trader by far. Remember this gem?
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Nothing can save the Bulls tomorrow
by robbierobnj • Aug 8, 2014 1:44 AM
Ridiculous claim. Interest rates can only go higher. What does that say about your "undervalued market cap"?
Do you realize an entire generation has grown up without ever seeing that federal funds rate? Crazy.
I shorted yesterday and some more this morning. No rush. The market is very overbought. SPY is not going up 10 points. ES maybe but not SPY. 5 points on the SPY is probably a stretch but is more realistic.
It won't continue forever. I read an interesting article last night about how in speculative parabolic bubbles (they said the entire bull was parabolic but focused on the beginning of 2012-today) that dips get smaller and smaller as more and more people become conditioned to expect new highs right away. We have got to be very close to when these dip buyers get massacred.
The script has completely flipped.
One of the smartest comments I've ever seen on this board.