I still remember all the bottom calls from last month
you would think that people with millions or billions of capital to deploy would have some insight on the markets
I feel so bad about my sndk puts. I've been right on with my picks but I don't scale in properly and I get destroyed by BS news that should be faded. except at that point I don't have any money left.
that should of been a 10000+% return for me
------
also I'd like to say that people are buying GM puts at 5-8 strikes at the ask. nov, dec, jan
occrider
quote:
Originally posted by mndeg
look at how the gurus did
I still remember all the bottom calls from last month
you would think that people with millions or billions of capital to deploy would have some insight on the markets
I feel so bad about my sndk puts. I've been right on with my picks but I don't scale in properly and I get destroyed by BS news that should be faded. except at that point I don't have any money left.
that should of been a 10000+% return for me
------
also I'd like to say that people are buying GM puts at 5-8 strikes at the ask. nov, dec, jan
Yea, I made some money these past couple months. First equities ... then commodities.
I never got into a commodities short, they move too slow for me. And I don't understand refiners and their crack margins.
Today I'd like to point out that MS and GS are much weaker than the rest of the banks with no news as well as the broader market.
Reminds me of the beginning of the end for Lehman Brothers which I had puts in. The market had a fairly big up day and lehman was negative at least 4% for the day, and from there it was almost straight down to 0
Trancer-X
It sounds like Peter Schiff isn't too keen on the market's rising if Obama wins the election.
mndeg
that's silly, nobody can stop the recession. economic collapse is inevitable. euro is going down, all IB's (now "banks) will go BK or be nationalized.
I kind of feel sorry for Obama.
I will be very impressed if he manages to win re-election after the next 4 years of economic turmoil
Trancer-X
quote:
Originally posted by mndeg
that's silly, nobody can stop the recession. economic collapse is inevitable. euro is going down, all IB's (now "banks) will go BK or be nationalized.
I kind of feel sorry for Obama.
I will be very impressed if he manages to win re-election after the next 4 years of economic turmoil
I don't think it's silly at all. Big government is part of what has ruined our country.
I could care less about Obama and I hate to say it but I'll be impressed if we still have a Republic in 4 years. :(
mndeg
why should anyone try to inflate the market? it's like trying to keep housing prices up when they are way over 2-3x income, or keep giving banks money as their losses continually increase.
i don't think he will actually throw money at education, it's just one of those things politicians say to get elected. the teacher's union is fairly powerful.
same thing with loving Israel, did you see the candidates try to compete with each other to see who loved Israel the most?
spdandpwr
this is one of the instances where i hope that peter schiff is wrong :nervous:
