5000 BITCHES!
5000 BITCHES!
Bought a third lot at 67.28
Now I'm off to ignore the markets for the rest of the day
Chemical Reagent wrote:
Bought a third lot at 67.28
Now I'm off to ignore the markets for the rest of the day
remind me what critter you sell and buy
I believe he is buying DDM, the ProShares Ultra Dow30 (leveraged up Dow Jones Industrial Average). Dangerous game that he is currently losing.
Pointing Out the Obvious wrote:
Sitting out 2014 would not have been "expensive" at all. Don't confuse a missed opportunity with expense.
This ^ is purely illogical.
Pointing Out the Obvious wrote:
Pointing Out the Obvious wrote:Sitting out 2014 would not have been "expensive" at all. Don't confuse a missed opportunity with expense.
This ^ is purely illogical.
How so?
Futures down. Interesting. I still feel OK
ghost, you can support whatever narrative you want by windowing the data appropriately. I personally do it on a calendar year basis, during which I am up already, a lot. I can afford a big loss and still be up on the markets this year, significantly. That is how it goes. If this one doesn't work out, so be it. I don't have a problem with it, I don't know why you would.
really.? wrote:
Pointing Out the Obvious wrote:This ^ is purely illogical.
How so?
I was being facetious. Did you not notice that I had replied to myself?
I have no problem with you personally, however I disagree with your logic and views on the market. Time will tell if you can ride this horse thru the desert.
Ghost of Igloi wrote:
I believe he is buying DDM, the ProShares Ultra Dow30 (leveraged up Dow Jones Industrial Average). Dangerous game that he is currently losing.
...and now he is in the money on all three tranches
I'm rooting for CR - money, mouth, so forth
but those f'in bonds
Sold at 68.52 the lot bought at 67.28
Chemical Reagent wrote:
BTW I just doubled down before close on Friday at 67.88
Didn't think I would, but I did, and I feel good about it.
Just sold this lot at 68.57
Waiting on the first lot, I can afford to hang onto it for a while, don't know if I will sell it today.
Sold at 68.76 the lot bought at 68.26, just wanted to get rid of it, a good opportunity came up so I freed up the money.
Awesome, I just got lucky--it went up to around 69.32 just before that last trade executed. lol, that was very good micro-timing luck for me, thanks to slow execution
Feeling pretty good, I'm going to spend the rest of the day cleaning, and ignore the markets as they climb ever-higher.
Again, this type of trading is not for everyone. I do other stuff that I don't mention here, but one of my things is not to be greedy. I know a guy who is also conservative, but he rakes himself over the coals every day, totaling up how much he left on the table!
Are these so called financial guru's idiots or what?
MSN Money headline today "Are you ready for a 4,000 point drop?"
As the market goes up over 250 points.
They're wishing for this big correction that ain't going to happen.
Oh, it'll happen. It always does.
carnegie wrote:
Oh, it'll happen. It always does.
There will be another massive meltdown as another bubble bursts, not limited to some 10% to 20% "correction".
People sitting on the sidelines waiting for this big correction are wasting their time and money. Too much money being fed into the market daily by retirement funds (IRA's 401K's etc.) These people aren't playing with their money, they're just pumping it in.
These little 1 @ 2% swings are going to continue to happen, but anything short of some major global event this market isn't going to take a major step backwards anytime soon.
You might as well admit you've been a fool (like the OP), and get back in now.