Market is red so far today. Those who ventured to anticipate a bullish day by japan events managed to have their posts punched on the nose--yet again. Example:
Mav: a nasty gap down. Where is the bullishness? Could you be nice to tell us when you would turn bearish to see if it would coincide with a bottom?
TJ, I gave you a layup man. I gave you the best trade you would have made in your life. Long S&P and short Nikkei. Did you take it? That spread is up HUGE! And now you want more? I'm going to have to charge you TJ. The first trade was on the house. I hope you took it.
EWJ at 9.81. I bought some this morning. I am getting out. Do you think I will miss out on further profits today?
Dude, I gave you a spread that actually exploded to the upside. You didn't take it? And you are giving me shit? I gave you one trade recco TJ. You can lead a horse to the water but you can't make him drink.
I am waiting on EWJ, waiting for something below $9.00! Could the Nikkei fall even further, yes it can, who knows maybe it can fall another 50% before it bottoms especially if there are more problems coming from those nuclear plants.
At open today: SPY/EWJ ~ 13.58. As of now the ratio is around 12.94. Which means it went down. How do your posts manage to be on the wrong side repeatedly?