Don't Get Shaken Out - Short the Market!!

Discussion in 'Trading' started by cmdtytrdr, Mar 24, 2008.

  1. MAESTRO

    MAESTRO

    Somebody has sent me this. Enjoy!
     
    #51     Mar 25, 2008
  2. YOu have a very nice friend :D
     
    #52     Mar 25, 2008
  3. i know its weird. lotta people buying. guess they liked the confidence numbers :p

    these sheep are gonna get slaughtered. dont get shaken out!!!
     
    #53     Mar 25, 2008
  4. MAESTRO

    MAESTRO

    Ya, he is pretty bold in his opinions. But he keeps on telling me that 1100 is closer than I think. Who knows? He could be right. This guy is 73 years old and he has been on the markets for 47 years = he has seen a lot!
     
    #54     Mar 25, 2008
  5. has he made a lot?
     
    #55     Mar 25, 2008
  6. MAESTRO

    MAESTRO

    His family worth 3B. He is one of the richest people I know.
     
    #56     Mar 25, 2008
  7. I don't really get shaken out... I get stopped out. One thing I've learned is my opinion means nothing. Last time I got stubborn I lost half my capital in one day. I was shorting the market in July and was maxed out short on July 12.

    Does it matter that I was "right"?

    No... cause I should have been buying like the sheep and become bearish when the market became bearish.
     
    #57     Mar 25, 2008
  8. Cool......Happy shorting!!!!
     
    #58     Mar 25, 2008
  9. market about to go unched. wtf??? these monkeys like the numbers today:

    housing - worst since CS index started in decades

    consumer confidence - worst in decades

    banks - more downgrades and multi-billion dollar write-downs ahead

    :confused: :confused: :confused:
     
    #59     Mar 25, 2008
  10. MAESTRO

    MAESTRO

    Did anybody tell you that there is no logic to the markets? One cannot answer the question "WHY?"; one can only make a decision and live with it.
     
    #60     Mar 25, 2008