• DGTD Contrarian Indicator alert
      • RE: Down goes the Dow 12/29/2018 6:55AM - in reply to Ghost of Igloi
      • DGTD Contrarian Indicator alert
      • Ghost of Igloi wrote:

        Then you will lose money over the next year on that trade.

        Sounds like a BUY signal!
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 12/29/2018 6:57AM - in reply to DGTD Contrarian Indicator alert
      • Ghost of Igloi
        registered
      • DGTD Contrarian Indicator alert wrote:

        Ghost of Igloi wrote:

        Then you will lose money over the next year on that trade.

        Sounds like a BUY signal!

        Yes just like CHK, FB and TNA. Oh, you can add AMZN to today’s list.
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 12/29/2018 7:10AM - in reply to DGTD Contrarian Indicator alert
      • Ghost of Igloi
        registered
      • DGTD Contrarian Indicator alert wrote:

        Ghost of Igloi wrote:

        Then you will lose money over the next year on that trade.

        Sounds like a BUY signal!

        Benjamin Graham: "It is a cliché that in a roaring bull market knowledge is superfluous and experience a handicap. But the typical experience of the speculator is one of temporary profit and ultimate loss."
    • Racket
      registered
      • RE: Down goes the Dow 12/29/2018 7:21AM - in reply to seattle prattle
      • Racket
        registered
      • seattle prattle wrote:

        Racket wrote:

        seattle prattle wrote:

        I honestly am in disbelief at today's action: the turn around, and a drastic one.
        Wish i could claim to be smarter than i am, but ended up selling for a loss a couple of the trades i made yesterday but held onto most of them, luckily. It all averages out...
        The fact that the market rebounded today might be a good sign.

        This is like the fourth rebound in a month. Not really that surprising. In fact we've come back from worse. We had a -770 point loss at like 11:30am a couple of weeks ago that got reversed in about an hour. Welcome to algo trading

        Yeah, I know, and I've been wrong before but i've been buying TNA, TQQQ (triple leveraged Nasdaq ETF), and AMZN all week.

        T/SQQQ isn't meant to be held long term really in my opinion. Neither is TNA or any of the 3x ETFs. By the way, days like yesterday are good reminders that we are battling a force so much stronger than any of us here combined. Market makers just pinned every significant stock to max pain yesterday. I mean look at QQQ's chart. It ended with a net change of 0.00% lol. They knew exactly how to kill everyone's options and cut VIX by like 10%. But not me. I'll take the pain because I'm determined. I'm holding all my short nasdaq positions through the new year. 5% drop coming on Monday in my opinion
    • DGTD Contrarian Indicator alert
      • RE: Down goes the Dow 12/29/2018 7:21AM - in reply to Ghost of Igloi
      • DGTD Contrarian Indicator alert
      • Ghost of Igloi wrote:

        DGTD Contrarian Indicator alert wrote:

        Ghost of Igloi wrote:

        Then you will lose money over the next year on that trade.

        Sounds like a BUY signal!

        Yes just like CHK, FB and TNA. Oh, you can add AMZN to today’s list.

        Yes! Thank you! $$$$
    • mister
      • RE: Down goes the Dow 12/29/2018 9:03AM - in reply to seattle prattle
      • mister
      • seattle prattle wrote:

        Ghost of Igloi wrote:

        Better keep a short leash.

        Those aren't the kind of stocks that work on a short leash, esp. in this kind of volatility.

        Keep in mind, a short leash to him is 4 - 10 years.
    • seattle prattle
      registered
      • RE: Down goes the Dow 12/29/2018 4:08PM - in reply to Ghost of Igloi
      • seattle prattle
        registered
      • Igy, it's hard to take your claims seriously.
        You make a claim that "the next year will take you back eight years."
        Then to prove it you post a chart of the SNP 500 that purports to show how long various downturns took to recover to the previous highs. Well, okay.....
        But no where does it show a one year period in which 8 years of previous gains were wiped out.
        Don't get me wrong. If that were true and based on historical precedent, i would like to be aware of it. But it is simply not borne out by the data. In fact, by all appearances, the downturns have very closely mirrored the previous years uptrends, such that one year of losses would wipe out only approximately one year of gains. Yes, there are some brief stretches of a few months in which the loss excelerates, but if you look at most any 12 month period, it is equal in magnitude to one 12 month period of previous gains.
        I find your claims to be not fully supported. I know, I know, ... I'll find out. I'm just saying, if you are going to attempt to assert your wild claims with data, one would think that the data would at least do that- support your claim. All it does is sensationalize normal market trends with the apparent purpose of inciting panic.
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 12/29/2018 4:59PM - in reply to UsedIT
      • Ghost of Igloi
        registered
      • Not true at all. The five year average of global stocks underperforming long term bonds by almost a percentage point. And we haven’t even had a bear market....yet.
    • UsedIT
      • RE: Down goes the Dow 12/29/2018 5:37PM - in reply to Ghost of Igloi
      • UsedIT
      • Ghost of Igloi wrote:

        Not true at all. The five year average of global stocks underperforming long term bonds by almost a percentage point. And we haven’t even had a bear market....yet.

        That doesn’t disprove what I said. It actually reinforces it.
    • Ghost of Igloi
      registered
    • purple martin
      • RE: Down goes the Dow 12/29/2018 8:19PM - in reply to seattle prattle
      • purple martin
      • [quote]seattle prattle wrote:

        Igy, it's hard to take your claims seriously./quote]

        After 8 years, that's an understatement.
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 12/29/2018 8:37PM - in reply to seattle prattle
      • Ghost of Igloi
        registered
      • seattle prattle wrote:

        Igy, it's hard to take your claims seriously.
        You make a claim that "the next year will take you back eight years."
        Then to prove it you post a chart of the SNP 500 that purports to show how long various downturns took to recover to the previous highs. Well, okay.....
        But no where does it show a one year period in which 8 years of previous gains were wiped out.
        Don't get me wrong. If that were true and based on historical precedent, i would like to be aware of it. But it is simply not borne out by the data. In fact, by all appearances, the downturns have very closely mirrored the previous years uptrends, such that one year of losses would wipe out only approximately one year of gains. Yes, there are some brief stretches of a few months in which the loss excelerates, but if you look at most any 12 month period, it is equal in magnitude to one 12 month period of previous gains.
        I find your claims to be not fully supported. I know, I know, ... I'll find out. I'm just saying, if you are going to attempt to assert your wild claims with data, one would think that the data would at least do that- support your claim. All it does is sensationalize normal market trends with the apparent purpose of inciting panic.

        No, you are blind to facts. And you repeat myths that hurt investors. Similar posters are the problem and not me.

        Simple address to your post: How do you explain the 3/2000-3/2010 S&P 500 return with reinvested dividends of -4.252%?