Gotta love ZERO RISK in the SP500 = $$$

Discussion in 'Trading' started by makloda, Jan 27, 2007.

  1. T280

    T280

    Underage?... perhaps you should deal with that psychological projection there Father O'Brien
     
    #1141     Feb 15, 2007
  2. This market is soooo awesome!!

    Is there an updated chart available?
     
    #1142     Feb 15, 2007
  3. S2007S

    S2007S

    Did anyone see last nighs closing in asia. Shanghai should jump through 3000 tonight. Continue to buy, after nearly a 200 point gain in 2 days on the dow it still goes higher without any problem. Bernanke will only speak positive today about how great this economy is, market should close above 12800 without a problem. Just BUY.
     
    #1143     Feb 15, 2007
  4. CONGRATS TO EVERYONE LONG ... BALLS OF STEEL ARE REWARDED BY THIS MARKET, AS ALWAYS $$$
     
    #1144     Feb 15, 2007
  5. If its that easy why would 'balls of steel' be required??

    Averaging down and praying aint a strategy.......
     
    #1145     Feb 15, 2007
  6. I'm sorry it's hard to grasp for some, but I try not to understand this market too much nor am I trying to fight the tape, I just go with the underlying trend to make $$$, even if that means averaging down into a position.

    Not everyone is a scalper that trades tick by tick and aims for a quick 1 pt gain :p
     
    #1146     Feb 15, 2007

  7. so then please tell me where is the risk going long indexes??


    WHERE?
     
    #1147     Feb 15, 2007
  8. S2007S

    S2007S

    there isnt......close above 12775 today

    nasdaq 2500+
     
    #1148     Feb 15, 2007
  9. Personally,I would be careful espousing the "risk free cash machine " outlook,attitude I see some believing here. This thing could turn on a dime out of nowhere and slap the yin yang out of people.
    Having seen many clients get burned BADLY during the crashes of 87 and 89-esp. those naked put writers,heavy on margin,etc...- I would temper my excess enthusiasm and practice some prudence here.
    what is the saying...pigs get slaughtered ??:)
     
    #1149     Feb 15, 2007

  10. I heard the same thing 4 years ago.... some reading for your enjoyment.. oh and please check the dates of the posts...... thanks!

    http://www.elitetrader.com/vb/showthread.php?s=&postid=266358#post266358

    http://www.elitetrader.com/vb/showthread.php?s=&postid=269982#post269982

    http://www.elitetrader.com/vb/showthread.php?s=&postid=271019#post271019
     
    #1150     Feb 15, 2007