http://online.wsj.com/article/SB100...10102914237396.html?mod=WSJ_hps_LEFTWhatsNews ZH has been 100% bearish for the last million points. ZH could never have this trade. PS Who were the assholes selling at 4 cents on the dollar? So much for the market is always right. There's about 1000 examples of this in the last 18 months. And it cant be attributed to a binary event, as these paid off at 10,20 30-1 or more.
Well its like someone buying OTM options with one week left for a nickel and the thing crosses one dollar deep ITM.
hell no. THe odds of that happening are 100-1 or more. Do you really think the odds here were 100-1? get real Morons gave it away because they where scared shitless. But why sell something for 5 cents on the dollar, better to let it go to freaking zero , than see it go back to 100 without you. Almost no one will sell at 5 cents and buy it back at 15 or 20.
Ya know, if you actually paid attention, Zero Hedge isn't exactly a site geared towards giving out actual trading advice, hence it's mostly a running commentary on finance. It's actually pretty ironic that you chose to dis Zero Hedge on this piece of crap site that hasn't had a collection of good threads in close to five years.
lol, no argument on point #2, unless you count my posting of the bottom call. No, ZH calls every uptick a fraud, and for the imminent collapse of Western Civilization at every turn. Calling them an 'informational' site gives them a pass they don't deserve. The have an ax to grind and for the most part it's been a dull one.