Ghost of Igloi wrote:
Big Dog Investments wrote:
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?
Ghost of Igloi wrote:
Big Dog Investments wrote:
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?
Nothing, I am an asset allocator.
Big Dog Investments wrote:
Ghost of Igloi wrote:
OK, what did you buy?
Today? Nothing. I’m not a day trader.
What did you short?
Actually I did buy some CDs 6 month 1.8% and 12 month 2.1%. Better bet than the market at current valuations.
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.
The Market seems to be mimicking NYC Metro weather lately .
Ghost of Igloi wrote:
Nothing, I am an asset allocator.
Better that than an ass set alligator .
http://static1.uk.businessinsider.com/image/5abbfa9542e1cc3f0e45483a/this-couple-used-a-live-alligator-to-reveal-the-gender-of-their-baby--and-its-as-extra-as-it-sounds.jpgOh, Snap!
https://www.zerohedge.com/sites/default/files/inline-images/trump-stock-market-e1478859445659.jpg?itok=w35i2NecOh, snap! wrote:
Oh, Snap!
Oh, Snapple!
Zerohedge? LOL!!
Gruntz, Portia, Oh, Snap!, Go Pats Guy, whatever other handle?
SOL.
Oh, Snapple!
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
Oh, Snap!
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 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! ☹
Fed-Up With This BS wrote:
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 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! ☹
If you had your money invested in equities, you likely would have done very well over the past 9 years.
Sue Bee wrote:If you had your money invested in equities, you likely would have done very well over the past 9 years.
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...
Ghost of Igloi wrote:
Gruntz, Portia, Oh, Snap!, Go Pats Guy, whatever other handle?
SOL.
Oh, Snapple!
I don’t understand.
Fed-Up With This BS wrote:
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 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! ☹
It is sad and the day of reckoning will be heavy for those that believed the equity trade was one direction.
I predict the Dow will tank today based on the fact every other Thursday has been a nightmare. Buy your puts now.
Fed-Up With This BS wrote:
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 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! ☹
you'd rather get 5% from a CD when inflation is 5%
Than 2% from a CD when inflation is 2%?