Ghost of Igloi wrote:
Big Dog Investments wrote:
Ghost of Igloi wrote:
The bulls are waving the white flag this morning.i
As soon as I saw this, I knew the market would rally. The DGTD contrarian indicator strikes again!
OK, what did you buy?
Big Dog Investments wrote:
Ghost of Igloi wrote:
Big Dog Investments wrote:
Ghost of Igloi wrote:
The bulls are waving the white flag this morning.i
As soon as I saw this, I knew the market would rally. The DGTD contrarian indicator strikes again!
OK, what did you buy?
Today? Nothing. I’m not a day trader.
What did you short?
agip wrote:
Racket wrote:
The Dow currently on a legendary rally. 700 points up from open! If I were a day trader with no job, I could have made like, $20 dollars today. I missed out :(
786 Dow points from bottom to top today. 3.3%. Holy toledo the shorts took it in a painful place today. Everything was pointing at an awful day. This biz is so hard.
Ghost of Igloi wrote:
Nothing, I am an asset allocator.
Oh, snap! wrote:
Oh, Snap!
Uaxed4it wrote:
Ghost of Igloi, K5, Go Fats, Chardonnay Guy, I Sit Down to Pee, My 35 year old Son Lives in my Basement wrote:
Well, it is on the Igy Watch List.
Igy
That's sad - I'm not getting much more from several CDs of mine. I remember the good old days when CDs paid upwards to 5.5% to 6%. A decent return with your money safe & sound as opposed to being invested in the gambling casino of the market run by the Wall Street Cartel. ? If you're an older person who's a saver, the Fed Reserve has rigged the game keeping rates ridiculously low so the spending nuts can keep financing new homes, cars, electronic toys, etc. every 3 yrs while us savers get kicked in the balls! ☹
Ghost of Igloi wrote:
Actually I did buy some CDs 6 month 1.8% and 12 month 2.1%. Better bet than the market at current valuations.
Fed-Up With This BS wrote:
That's sad - I'm not getting much more from several CDs of mine. I remember the good old days when CDs paid upwards to 5.5% to 6%. A decent return with your money safe & sound as opposed to being invested in the gambling casino of the market run by the Wall Street Cartel. ? If you're an older person who's a saver, the Fed Reserve has rigged the game keeping rates ridiculously low so the spending nuts can keep financing new homes, cars, electronic toys, etc. every 3 yrs while us savers get kicked in the balls! ☹
Ghost of Igloi wrote:
Actually I did buy some CDs 6 month 1.8% and 12 month 2.1%. Better bet than the market at current valuations.
That's sort of beside the point. If his risk tolerance is low, and he prefers to have high confidence of knowing how much money he'll have at a given time, then this was the right approach for him. The outcome of a decision is always an imperfect indication of how "right" the decision was. It just seems to be the only meaningful indication...
Sue Bee wrote:If you had your money invested in equities, you likely would have done very well over the past 9 years.
Ghost of Igloi wrote:
Gruntz, Portia, Oh, Snap!, Go Pats Guy, whatever other handle?
SOL.
Oh, Snapple!
Fed-Up With This BS wrote:
That's sad - I'm not getting much more from several CDs of mine. I remember the good old days when CDs paid upwards to 5.5% to 6%. A decent return with your money safe & sound as opposed to being invested in the gambling casino of the market run by the Wall Street Cartel. ? If you're an older person who's a saver, the Fed Reserve has rigged the game keeping rates ridiculously low so the spending nuts can keep financing new homes, cars, electronic toys, etc. every 3 yrs while us savers get kicked in the balls! ☹
Ghost of Igloi wrote:
Actually I did buy some CDs 6 month 1.8% and 12 month 2.1%. Better bet than the market at current valuations.
Fed-Up With This BS wrote:
That's sad - I'm not getting much more from several CDs of mine. I remember the good old days when CDs paid upwards to 5.5% to 6%. A decent return with your money safe & sound as opposed to being invested in the gambling casino of the market run by the Wall Street Cartel. ? If you're an older person who's a saver, the Fed Reserve has rigged the game keeping rates ridiculously low so the spending nuts can keep financing new homes, cars, electronic toys, etc. every 3 yrs while us savers get kicked in the balls! ☹
Ghost of Igloi wrote:
Actually I did buy some CDs 6 month 1.8% and 12 month 2.1%. Better bet than the market at current valuations.