It’s all fun and games until your stock drops 15%, just because it can.
This is the prime reason why I’ve opted to forgo common stock trading for 2016, in favor of a methodically disciplined trading program using the Exodus algorithms.
These are the sort of losses you don’t walk away from. You fucking die because of them.
I think the market got ahead of itself over the past two week, with gains in sectors that deserve to be liquidated. I could see the S&P grounding itself after a quick 5% pullback, then grind higher until the end of April.
Don’t make a mountain out of a mole hill.
While the energy sector was off by an astounding 9% today, it’s still higher by 30% from two weeks ago. I will not permit the emotions of the day cloud my judgement. This was an arduous day for longs, a good one for bonds and utilities. Aside from that, it’s only one day and that doesn’t forge a trend.
Tonight’s primaries might stoke things a bit, especially if Trump lands a knockout blow to the catamite, Marco Rubio.
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Was Monday the trap
Was TUESDAY the trap
You’ll have to wait fuck wednesday
I hate Wednesday’s, so I don’t recognize them anymore. I just really long Tuesday now.
Thursday is the Trap. Just not sure who is going to get caught? Normally it has been us Bears, but this is the Year of the Nymph, lol.
Did you end up shorting IYE like you mentioned you might?
Poor Rubio. LOL.
not when you’re up 40% in three weeks. lolz. i see after one week of silence the crash callers are baaaaack. very entertaining.
p.s. i’m still long FCX. short away.
selling into strength and buying into weakness…..Cant stress enough that getting your principal out of mining stocks and allowing the free shares to stay in the game is the way to really enjoy the volatility that this high beta space provides….
http://asia.nikkei.com/Markets/Tokyo-Market/Japanese-money-market-funds-to-close-as-returns-prove-elusive
2016 the year of the tangible….
Maybe Bernie does have a chance of getting the Dem nomination. He’s starting to get bashed a lot too. However, 16 negative stories in 16 hours is still not much, compared to what Hillary has been going through. So she is probably still more of a threat to the favorite candidates of more newspaper writers than Bernie is.
Washington Post Ran 16 Negative Stories on Bernie Sanders in 16 Hours
http://www.commondreams.org/views/2016/03/08/washington-post-ran-16-negative-stories-bernie-sanders-16-hours