Down goes the Dow

Ghost of Igloi wrote:

seattle prattle wrote:

And how do you feel selling before you had the opportunity to make an additional 40% return on the rise of the S&P, and another 40% on top of that had you held the double leveraged S&P 500 you reportedly had?

How do you feel spinning your wheels the last year trading? It is a judgement call not yet complete whether reducing my equity exposure in 2015 was the wisest move.

How do i feel about being at a level about the same as where we were a year ago? Well, that's easy. I'm ecstatic having been well positioned for -what was it - the longest bull market in recent history (?) Sure, there's ups and downs, but we knew that when we signed on. We can argue over forward projections but the run-up has been spectacular. No denying that.

OK.

Mouth Breather wrote:

Ghost of Igloi wrote:

Admit it. I say it is black, you will say it is white. Besides the entire link I posted is about valuations being informative. Why do you think the US Treasury Deparment Office of Financial Research published Quicksilver Markets. Really silly and obnoxioua you insist on a nonsense argument. Go find someone else to troll. And breathe thru your nose, that is what is there for.

I just asked you to explain what you wrote. There’s no argument here, just a simple request.

The only link I see is the Market Stress one which I do not see as an explanation. Perhaps you can tell us what you gleaned about valuations from that.

A runner needs to mouth breathe to take in enough oxygen.

Apparently he’s not one for straight answers. I asked him to explain one of his posts and his reply was something about deflated balls.

I was taught to remain silent unless you were willing to explain and defend your words. Not this fellow. Perhaps he’s a troll?

seattle prattle wrote:

I listen to Jim Cramer.

lol

seattle prattle wrote:

Ghost of Igloi wrote:

In a bad market the stop will not execute if is a stop limit order or will blow past your market stop. So far less protection than you think. Never that easy.

Very true. You and I approach the market differently, though. Time will tell.

Blown stop losses happens rarely, even to me and I'm a futures trader who's most susceptible to things like that. Even in December when things were mega crashing, my stop losses were still being honored.

FHA is tightening standards. Pretty soon there isn't going to be anyone left able to buy a house.

VIX is way up since Thursday. My current theory is that there's a liquidity issue in big index tracking ETFs and everyone wants to short them but the market makers behind them can't afford to get massive amounts of puts exercised against them. Last year saw the highest volume of options traded ever. Market makers are over leveraged and there's way more options out there than there are shares.

Ghost of Igloi wrote:

https://mobile.twitter.com/hussmanjp/status/1109919791928754176

For what it’s worth, Hussman is a terrible investor. Buyer beware.

Russia issues statement supporting AG Barr, AND denies seeing Mueller Report! They’re panicking. Sally Vix, good job getting Chicago Fed Chief to issue statement from Hong Kong in the middle of the night on a weekend. Even the Crash Of ‘29 wasn’t that obvious. Short everything.

jesseriley wrote:

Russia issues statement supporting AG Barr, AND denies seeing Mueller Report! They’re panicking. Sally Vix, good job getting Chicago Fed Chief to issue statement from Hong Kong in the middle of the night on a weekend. Even the Crash Of ‘29 wasn’t that obvious. Short everything.

You need to smoke some weed and chill out dude

We Buddhists only invest in Mother Earth & natural law. Sorry, capitalists.

I'm losing 10-30 basis points to the market every day in my trading account. That usually means microcaps are being liquidated heavily. Which happend just before December 2018's bear market.

Small sample.

Yeah, that’s why there’s no chatter, because rich capitalists are too busy with their micro caps, ha ha. During the Crash of ‘29 the Rockefellers took time to deny there was any problem.

jesseriley wrote:

Yeah, that’s why there’s no chatter, because rich capitalists are too busy with their micro caps, ha ha. During the Crash of ‘29 the Rockefellers took time to deny there was any problem.

Yeah, I don't know if you realized this yet (probably not), but no one here gives a fvck about whatever weird sh!t you're trying to push. Surely you've noticed how 99% of your posts go ignored by now, right? You'll have better success trolling elsewhere

agip wrote:

I'm losing 10-30 basis points to the market every day in my trading account. That usually means microcaps are being liquidated heavily. Which happend just before December 2018's bear market.

Small sample.

Not convinced yet. People were liquidating back then to get ahead of the Fed raising the rate. Now that there's not a single binary event like that it's more like panic buy/sell, plus some serious soul searching I think. A lot of people out there are still holding cash wondering wtf they can put it in

Racket wrote:

agip wrote:

I'm losing 10-30 basis points to the market every day in my trading account. That usually means microcaps are being liquidated heavily. Which happend just before December 2018's bear market.

Small sample.

Not convinced yet. People were liquidating back then to get ahead of the Fed raising the rate. Now that there's not a single binary event like that it's more like panic buy/sell, plus some serious soul searching I think. A lot of people out there are still holding cash wondering wtf they can put it in

yeah but the difference is that people can cash out today and go surfing in Tahiti, locking in a 12% gain for the year.

but sure I'm not predicting anything.

I just noticed that the Vanguard REIT ETF, VNQ, is up 19% per year for 10 years. Amazing stuff. Up 20% over the last 52 weeks.

Stocks up 16% per year over the same period.

Folks buying Yield accelerating prices for utilities and REITs. REIT cap rates low with rising vacancies might be one to sell and go on vacation.

Igy had a long talk with me, along with Sally Vix. It’s not my fault he can’t read Russian.

What was your conclusion about the “rare” (how rare?) blown stop-losses (they’re hyphenated in English)?

jesseriley wrote:

What was your conclusion about the “rare” (how rare?) blown stop-losses (they’re hyphenated in English)?

It's interesting how you refer to a single word (stop-loss) with a plural pronoun (they).

My conclusion is that you're a meth-head.