Damn autocorrect, once more with feeling, not one more episode... damn AAPL deserves to tank ;)
Damn autocorrect, once more with feeling, not one more episode... damn AAPL deserves to tank ;)
How to lose a year of steady gains in one week.
The magic of the market.
I was only around 15% in equities (several etf funds) and began pulling back from that on Tuesday but still lost close to $50k.
Wonderful stuff.
agip wrote:
sorry I had incomplete info: it's the quickest correction ever...after an all time high.
Getting flashbacks from when I rode tons of puts through the 2018 massive drop and then got murdered by the first ever V shaped recovery.
Racket wrote:
agip wrote:
sorry I had incomplete info: it's the quickest correction ever...after an all time high.
Getting flashbacks from when I rode tons of puts through the 2018 massive drop and then got murdered by the first ever V shaped recovery.
Did you learn from your mistake, or are you just going to repeat it?
Giles Corey wrote:
How to lose a year of steady gains in one week.
The magic of the market.
I was only around 15% in equities (several etf funds) and began pulling back from that on Tuesday but still lost close to $50k.
Wonderful stuff.
Could be a lot worse. Nasdaq only down to early Dec / late Nov levels, which were all time highs at the time. S+P slightly worse. Dow is in bad shape.
I’ve lost maybe 20Gs. Was only 10% in equities. Have started to nibble.
this is it wrote:
Racket wrote:
Getting flashbacks from when I rode tons of puts through the 2018 massive drop and then got murdered by the first ever V shaped recovery.
Did you learn from your mistake, or are you just going to repeat it?
So many falling knife catchers. Everyone wants to pick the bottom. DIS still above spot price from April 2019. TSLA still way up year over year.
So much uncertainty. Goldman said 0 growth this year. And people rushing in to buy because assumed V recovery? I'll wait thanks.
Well, it depends on what they are buying, and why. It might make sense for them.
Having said that, I am also waiting. I still don’t see an upside. A v-shaped recovery would require colossal animal spirits aka blind faith—which there might be, I’m just not seeing it, personally.
I hope things go significantly lower, because IMO the point has not yet been driven home. Not at all.
Ghost of Igloi wrote:
Punter wrote:
It is never okay to demean someone because of a medical condition. Given your recent medical history, I would have thought that you would be especially sensitive to that kind of behaviour.
Only medical condition the troll has is diarrhea of the mouth.
What exactly did I post that you consider “diarrhea”? I assume it was the part where I corrected you.
I thought so.
Ghost of Igloi wrote:
Punter wrote:
It is never okay to demean someone because of a medical condition. Given your recent medical history, I would have thought that you would be especially sensitive to that kind of behaviour.
Only medical condition the troll has is diarrhea of the mouth.
It would seem that you have the same affliction. Please think twice before posting such disrespectful tripe again.
Here we go again, futures not looking good.
this is it wrote:
Racket wrote:
Getting flashbacks from when I rode tons of puts through the 2018 massive drop and then got murdered by the first ever V shaped recovery.
Did you learn from your mistake, or are you just going to repeat it?
Haven't traded options in like 6 months so yeah I guess?
Hey Racket the Geneva Motor Show has been canceled. That is where all those custom businesses and manufacturers are a ailable to make all the one-off’s you can see around Geneva, like the great douchey Maserati I was talking about.
Futures not SO bad anymore, but still bad. I am sitting here having morning coffee and did something I very rarely do, switched on CNBC at home. Kevin Warsh was just on.
ROFLMAO. I had no idea he was a moron. He will be the perfect guy for Drumpf to pick for next chair, because incredibly, he is even dumber than Drumpf himself. A total yes-man sock-puppet.
Incredible.
Seriously, between him and Kashkari, all is lost.
He’s back on now
Another bloodbath on for today if we go by what's going on in Europe.
Hope you guys aren't leaving or putting $$ into equities counting on a rebound to start today
Agree. I’m neither seeing, nor feeling it.
At all.
Maserati wrote:
Hey Racket the Geneva Motor Show has been canceled. That is where all those custom businesses and manufacturers are a ailable to make all the one-off’s you can see around Geneva, like the great douchey Maserati I was talking about.
Legit pissed about this because I do like cars and I was looking forward to that event. Manufacturers have pulled out of all the other shows and Geneva is really the last good one where everyone shows up.
Speaking of cars, oil is at like $45 a barrel. That combined with the giant hit airlines are gonna take from all this should mean pretty cheap travel expenses in a couple of months! Looking forward to premium finally getting under $3 in my state again too.
Maserati wrote:
Seriously, between him and Kashkari, all is lost.
He’s back on now
Remember when Trump floated Herman Cain as a potential nominee? lol
Warsh married Jane Lauder. As in billions. Also he miraculously rose to ED of M&A at Morgan in under 7 years.
Details are not given on his family.
I had heard of him and knew he was a serious insider, but wow. The consummate yes-man sock-puppet.