Are we over the healthcare vote by now?

Discussion in 'Economics' started by kfir, Mar 26, 2017.

  1. RAMOUTAR

    RAMOUTAR

    Re-read the post. I look for shorts "IN" SP500 and longs "IN" NDX. I don't trade indexes, I trade equities. Akin to arbitrage and hedging.
     
    #11     Mar 26, 2017
    algofy likes this.
  2. Pekelo

    Pekelo

    The top was already in for the year.
     
    #12     Mar 26, 2017
  3. Pekelo

    Pekelo

    "Donald Trump appeared on CNBC in April 2006 representing Trump Mortgage and made the statement, "I think it’s a great time to start a mortgage company [...] the real estate market is going to be very strong for a long time to come."

    https://en.wikipedia.org/wiki/Trump_Mortgage

    "In 2007, Trump Mortgage folded operations and Donald Trump licensed his name to First Meridian Mortgage. "
     
    #13     Mar 26, 2017
  4. RAMOUTAR

    RAMOUTAR

    Hey Pekelo. Would you expand on your post? Whatcha thinkin?
     
    #14     Mar 26, 2017
  5. algofy

    algofy

    It's called a pairs trade rec.
     
    #15     Mar 26, 2017
    RAMOUTAR likes this.
  6. RAMOUTAR

    RAMOUTAR

    And the winner is...algofy! Step right up...
     
    #16     Mar 27, 2017
    algofy likes this.
  7. Pekelo

    Pekelo

    In the "The S&P has topped" thread I predicted the top for mid-March, and sure enough, the SPX did top (well, second top) on March 15th. For the year I predicted a negative return, and since the SPX was up already at 6%, we needed a pretty good correction. Now the correction is underway.

    To explain my bearishness: There is zero chance that the idiot in the WH is not going to be impeached or cause a serious international crises, and that will spook the market. Not to mention the market has been in rallying mode for forever, it needs a break.
     
    #17     Mar 27, 2017
    piezoe and RAMOUTAR like this.
  8. RAMOUTAR

    RAMOUTAR

    Awesome! I did same 2/20 and 2/26. Pekelo thank you, for intelligent exchange!
     
    #18     Mar 27, 2017
  9. RAMOUTAR

    RAMOUTAR

    My trader friends and I dancin' to the beautiful open...
    (I'll Take You Down, I'll Take You Down! Come down SPX!)



    Yeah!!!!!

    Also a tribute to my friends across the pond!
     
    #19     Mar 27, 2017
    piezoe likes this.