Gotta love ZERO RISK in the SP500 = $$$

Icahn: The market will one day 'implode' because of these wacky funds using so much leverage

• There are too many exotic, leveraged products and one day these securities are going to blow up the market, Carl Icahn tells CNBC.
• The billionaire investor says, "The market itself is way over-leveraged," and at some point could "implode."
• But for now, he believes, "This thing will probably bounce back."

Matthew J. Belvedere | @Matt_Belvedere
Published 11 Hours AgoUpdated 8 Hours AgoCNBC.com



https://www.cnbc.com/2018/02/06/bil...the-current-market-is-a-rumbling-warning.html

 

I missed all the fun. Out of the last part of my last remaining US index long last week, Friday 2nd Feb. Main longs all closed on the Tuesday, 30th Jan. Happy with that.

 

Long 2666, stop 2650

 

L 2672.5
stop at 66

 

-6.5

 

Hard to pull off trades with tight stops in this volatility.

 

True.
Gonna have to place this trade in my spreadbet account so i can trade smaller and use bigger stops

long 2671
stop at 2655

 

Starting to look like a descending triangle there on the 1m

 

out 2687
+16

 

Short 2682.5
stop at 2692.5