I'm being honest I made great gains so far But 3% fall in the dow or 400 points (same magnitude as feb 27) does suck. It sucks for anyone who is long, no? I'm just gonna buy the should it go lower and hold on because I know the selling is overblown The 10year bond has been going up for months before the sell off this week. Why the sudden interest? http://finance.yahoo.com/q/bc?s=^TNX&t=6m Probably because it passed the key 5% mark BUT for the past five years there has been little correlation between 10 yr bond prices and the market. The bond fell a lot on FEB 27 for example.
You haven't made any gains so far. Nice try junior mint. Playing grown up sure is fun with your big 17" monitor huh?
I think if your bullish then a 3% fall will have you dancing on the tables. You will have stops, so you wont get hurt too badly, mostly you should be in from earlier so have plenty of profits to take, and a pullback is the only way to find out where the real strength in the market is. What am I missing?
Naahh...he deserves to be curb stomped for his annoying & antagonizing ways all year long.....his pathetic attempt at pounding his chest on his claim, he`s "crushed the Markets" this year,served him & the no risk dipsters a nice big piece of humble pie & a handful of ass.........see Maklodas pics.
Right, the simplistic ways of "I buy good stocks that go up" won't work forever. He hasn't even defined what a "good stock" is. Don't confuse genius with a bull market son.
It's been clear since day one that he has a rather weak grasp on the market, and economics as a whole. Just take his money, pat him on the back and say "nice try, son. You'll get 'er next time."
On the contrary, VIX over 17 now, intraday ranges expanding. This is EXACTLY what you like to see if you trade.
Hmmm Stock you were up like 40% IIRC from the July lows 2006. You should still be ~33/35% in the green. Still a great 12 months for you, not much to complain about.
I find taunting him hilarious...I've gotten a lot of laughs out of him. Come on: It So Fact So is probably the dumbest and funniest thing anyone has ever said on this forum. Or when someone asked about screen layouts and he responded '17" monitor' I mean come on...people like this are usually wearing helmets and being bussed to public libraries to keep them busy...here we have one bragging about gains he hasn't made! This is golden!