I cringe to think how many shorts are stuck from the past 4 weeks.

Discussion in 'Trading' started by hafez50, Apr 29, 2020.

  1. bone

    bone

    You are on the path to enlightenment. Ask yourself: "where's the real juice - the rocketfuel in this market?" When you factor in all of the fresh shorts - I agree that it's to the upside.

     
    #11     Apr 29, 2020
    SteveM likes this.
  2. S2007S

    S2007S

    #12     Apr 29, 2020
  3. ElCubano

    ElCubano

    I don't think so. We will keep printing up the wall of worry.
     
    #13     Apr 29, 2020
    Spooz Top 2 likes this.
  4. SteveM

    SteveM

    Buffett has been sitting on a $100B in cash for 5 years, and still wouldn't pull the trigger during the March lows...
     
    #14     Apr 29, 2020
  5. ElCubano

    ElCubano

    and S007S :D
     
    #15     Apr 29, 2020
    ironchef and bone like this.
  6. smallfil

    smallfil

    Considering most of them ET trolls, no big loss. These guys have been spreading disinformation left and right and if they are dumb enough to believe their BS, they deserved to have their heads handed to them on a silver platter.
     
    #16     Apr 29, 2020
  7. bone

    bone

    A fair amount of the shine wore off of Berkshire Hathaway with institutional investors - they were pissed that Buffet just sat on a mountain of cash for five of the best years in stock market history.

     
    #17     Apr 29, 2020
    Spooz Top 2 and SteveM like this.
  8. wrbtrader

    wrbtrader

    I think the big boyz cashed in their profits from Shorts and rolled it into Long positions.

    Thus, only the greedy ones and late arrivals got caught in their Shorts. Yet, I feel sorry for anyones with poor risk management and have been "adding" to their Shorts.

    You made three mistakes
    ...



    wrbtrader
     
    Last edited: Apr 29, 2020
    #18     Apr 29, 2020
    Axon, systematictrader and smallfil like this.
  9. S2007S

    S2007S



    Again you can only say that AFTER the fact.

    Go back to mid March when the markets were collapsing, no one wanted apple at 275, 270, 268, 264, 258, 255, 253 but wow are they buying it up at 285

    I would say 97% of people think March 23rd was the low. The low for how long??? A few months, a year or two, or forever, 99.8% would say forever!
     
    #19     Apr 29, 2020
  10. hafez50

    hafez50

    I'm talking 200-300 pts down not a retest of the lows
     
    #20     Apr 29, 2020
    ElCubano likes this.