wow what a day. I am up huge. I should have retired today. I'm so stupid. saw this coming a million miles away
present address wrote:
how big of a correction will happen i think will be answered when we see if this wave keeps going around the world for more that just today.... i hope it keeps going... i would love to put more in under 10k again....
Damn, I am glad I didn't spend the money to go to Hawaii in December!
(j/k, Sweet Ad!)
sweet adeline wrote:
haha, very funny. it was worth every penny!
luckily my building is only 1 story, so even if i jump off the ledge, i'll probably survive
did you buy some PUTS yesterday?
I'm suprized we don't see more posts on this. The stock market likely draws the greatest amount of propaganda with the US federal politicans being the only one close.
Its interesting to see the lobbyists comming out with articles designed at swaying public opinion - those that are heavy in the market - and wishing to stay - encouraging all to be patient and not to sell - and highlighting all the signs that the longterm outlook is good
while those that have pulled out or otherwise heavier in cash... highlighting all the negatives in hopes of further losses - bringing greater new opportunities...
The investing public as easily led along as the voting public...
ah what a funny country we live in.
real men buy'em and hold'em.
you mean pussies who are afraid to take on a little risk buy 'em and hold 'em.
Investors buy and hold. Investors buy on sound fundamentals and a belief that things will continue to work for a company. These people make sound financial decisions based on understanding of the company and their place in their particular industry.
Traders play the moves. The company's fundamentals may or may not matter, but their potential for movement up or down based on their sector, or anticipated announcements, or chart trends create opportunity for the quick flip or short-term gain. This is where the notion of gambling on the market comes in.
To call one or the other a pussy seems to me to not understand the role that both play. Over the long term, however, if one makes a sound investment, one is better off buying and holding.
davidtrios said:ouch -383
MayDay10 said:Zerohedge is nothing but a one sided financial doomsday tabloid
Zerohedge is nothing but a one sided financial doomsday tabloid