Gotta love ZERO RISK in the SP500 = $$$

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

  1. Can you take money out of your IRA without incurring a penalty? :p
     
    #2691     Jun 19, 2007

  2. it doesnt matter..

    if you pay the 10% penalty for early withdrawl.... just think how many 1000's% you are missing out on if you just take all the money and go 6x margin levels baby $$$


    Ka Friggin' Chingo $$$
     
    #2692     Jun 19, 2007
  3. go market $$$$
     
    #2693     Jun 20, 2007
  4. Yes, while you're at the soup kitchen getting lunch your IRA is suffering! :p
     
    #2694     Jun 20, 2007
  5. noddyboy

    noddyboy

    Is there risk now?
     
    #2695     Jun 20, 2007
  6. Don't forget to wash it down with some

    [​IMG]
     
    #2696     Jun 20, 2007
  7. Same crap over the last three days, were just down to the same spot we were yesterday. Now appears to be bouncing off that support.

    Range trading! you dont really think the money managers will let the market faLL with just 7 more day in Q2. Don't worry it will rally to new highs soon.
     
    #2697     Jun 20, 2007
  8. No, of course they won't. They'll just keep using their magic bags of money to buy everything up! :p

    No wonder you're being driven nuts by the markets...you rely too heavily on conspiracy theories.
     
    #2698     Jun 20, 2007
  9. noddyboy

    noddyboy

    Agreed....

    Their money is going towards Bear stearns hedge fund BLOW UP. Isn't there a little more risk now? Sheesh...1% down in the SPX is nothing if the subprime really blows up.
     
    #2699     Jun 20, 2007
  10. I don't think the market liquidity is as good as it's said to be. They throw around that word like there's billions out there that can be thrown at the markets, but with all the movement up, who is going to attempt to buy the shakiness the market is exhibiting? I wouldn't and don't see why smart money would feel the need to chase...that's not how they got wealthy.

    Some of the wealthier individuals I know have either scaled out of the market or been told to do so while waiting for a 5% pullback at least.

    Time will tell, but the legs of this monster are looking somewhat shaky for the first time in a long while.
     
    #2700     Jun 20, 2007