If you do your due diligence these short term corrections can be great for investors.
If you do your due diligence these short term corrections can be great for investors.
Pair trade: short Sessions, long marijuana stocks
Ghost of Igloi wrote:
Pair trade: short Sessions, long marijuana stocks
blunt as always, our Igy
?
Ghost of Igloi wrote:
Pair trade: short Sessions, long marijuana stocks
I said investors, not mattress stuffers.
Sessions would sure stink up your mattress.
No surprise that the resident permabears have gone back into hibernation. They must be exhausted after their premature giddiness after the recent dip.
Ghost of Igloi wrote:
Pair trade: short Sessions, long marijuana stocks
Too late for both. Nice try though.
Dippity do da wrote:
No surprise that the resident permabears have gone back into hibernation. They must be exhausted after their premature giddiness after the recent dip.
No, you will be the dip $hit that thougt there was some value in a dead trade.
speaking of Hussman, how's it going these days? Must be a little discouraging.
TNA is outperforming it since you forecast its demise and the long awaited assent of Hussman's signature fund.
seattle prattle wrote:
speaking of Hussman, how's it going these days? Must be a little discouraging.
TNA is outperforming it since you forecast its demise and the long awaited assent of Hussman's signature fund.
Seattle,
No, we have untill year end. I think you will eat your TNA (figuratively of course). Your trade is all momentum, nothing really to support it. All nonsense, but you are not alone.
Igy
Nothing to support it? How's this, the economy is on solid footing with the likelihood of recession in the near future not on anyone's radar. Infrastructure spending is slated to take off with support from both the Dems and Reps. and one of the very few things they can agree upon and hence, enact, to prove they are not gridlocked, as many suspect. Small businesses would benefit from these domestic projects. And by most people's estimation, the selling was overdone, making it an excellent entry point for the cash on the sidelines that has been waiting to get in (finally).
seattle prattle wrote:
Nothing to support it? How's this, the economy is on solid footing with the likelihood of recession in the near future not on anyone's radar. Infrastructure spending is slated to take off with support from both the Dems and Reps. and one of the very few things they can agree upon and hence, enact, to prove they are not gridlocked, as many suspect. Small businesses would benefit from these domestic projects. And by most people's estimation, the selling was overdone, making it an excellent entry point for the cash on the sidelines that has been waiting to get in (finally).
Seattle,
Of course that is what the financial products industry promotes to keep the retail investor in the game. That same industry said in the past year “we are headed for a synchronized global recovery” or before that “low interest rates support stocks” and before that “the Fed has your back.” These narratives were stories told to sell product.
In regards to small businesses, they have the worst fundamentals: rising costs (labor, materials, interest rates), poor credit ratings, poor business models kept alive by low interest rates, peak economic cycle.
There is no such thing as cash on the sidelines. There is the same amount of cash on October 7th as November 7th. Another fable sold to retail investors.
I hope you do well, this is an intellectual argument and not personal.
Igy
Ghost of Igloi wrote:
There is no such thing as cash on the sidelines. There is the same amount of cash on October 7th as November 7th. Another fable sold to retail investors.
You have to pretty naive to believe this.
ocean’s eight wrote:
Ghost of Igloi wrote:
There is no such thing as cash on the sidelines. There is the same amount of cash on October 7th as November 7th. Another fable sold to retail investors.
You have to pretty naive to believe this.
Since for every buyer there must be a seller, I suppose there are stocks on the sidelines. So, please tell me where the sidelines is? Is that near the ocean, or is that a mythical city, perhaps OZ?
seattle prattle wrote:
Nothing to support it? How's this, the economy is on solid footing with the likelihood of recession in the near future not on anyone's radar. Infrastructure spending is slated to take off with support from both the Dems and Reps. and one of the very few things they can agree upon and hence, enact, to prove they are not gridlocked, as many suspect. Small businesses would benefit from these domestic projects. And by most people's estimation, the selling was overdone, making it an excellent entry point for the cash on the sidelines that has been waiting to get in (finally).
I can tell you a 10% drop is not the buying point for the average guy looking to start a 401k or whatever. A lot of my peers are waiting for a definitive 2008 style downturn, for now at least. The bull market can't go one forever and when it ends, that will be the time to buy.
Ghost of Igloi wrote:
ocean’s eight wrote:
You have to pretty naive to believe this.
Since for every buyer there must be a seller, I suppose there are stocks on the sidelines. So, please tell me where the sidelines is? Is that near the ocean, or is that a mythical city, perhaps OZ?
The issue is cash on the sidelines, not stocks. The sidelines is anywhere outside of the market. Not knowing that further exposes your naïveté.
DHI about to get stomped on (which I called yesterday btw)
Racket wrote:
DHI about to get stomped on (which I called yesterday btw)
huah - great job on that one