Art Cashin, "Scale in with silly bids in case of washout"..

Discussion in 'Trading' started by gnome, Nov 7, 2008.

  1. gnome

    gnome

    Is "silly bid" the same as "stink bid"?

    I like the term "stink bid" better...
     
  2. A "silly" bid is when you buy the Dow when it's 200 points lower.
    A "stink" bid is when you buy the Dow when it's 300 points lower. Five minutes after being filled on each, the Dow is 400 points lower. :cool:
     
  3. low...low-ball Buffett bids.
     
  4. gnome

    gnome

    Is that like the time Buffy saw a woman get hit by a car?... and as she lay broken and bleeding in the street, he approached her. When she cried out for help he said, "the best I can do for you madam is to lift your purse"
     
  5. this stinks.
    :)
     
  6. Fark Art Bearly Cashin