I feel like I’m in a version of hell, especially designed for me. Each and every day I am offered a new task in the stock market. After I figure it out, I end up exactly where I was when I started. This is a circle jerk of extreme magnitude. And I’m not talking about the past three months. No.
For the past two fucking years the stock market has been one giant mind fuck, a vast mine field of false starts and asset class implosions, designed to ruin the speculator who exhibits avarice in his trading.
Last year I was almost ruined, something I am not proud to say. This year I was offered a second chance and I seized upon it and made it interesting for a while. But for the past three months, the insidious design of hell has reemerged and kicked this market into full fucktard mode, ruining and bankrupting aggressive speculators with industrial efficiency.
It seems the best course of action is to sit tight and hope for the best. To be oversized an asset class or position now is equal to deep frying a giant turkey dressed in a suit drenched in gasoline.
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Keep in mind, at this moment, small speculators are at their most negative levels since 1995. Do you think the sheep will eat the wolves this time around?
last year just positive-this year down 5 Pts.
Sorry , didn’t finish post.
Have been mostly chasing dividends
recently.
Fixed a sink today for an elderly lady, she paid me in cookies. So I’m up for the day! Also looking at gold stocks, miners and physical looks like we may get a bounce. Or not
Ha!
Reminds me of the time when I was representing an old rich lady in Palm Beach in a divorce where the Husband was accused of marital infidelity with an 80 year old wealthy lady who was diabetic, missing a leg, and on a dialysis machine.
His screwing around would have an effect on the alimony.
Anyway, on the other side was a high powered Palm Beach law firm and when little old me (about 30 years old at the time) walked into the deposition of the man, my client (the old Jewish lady type) gave me a plate of homemade brownies and in front of everyone told me to “eat, you look like you could use a nosh.”
Lol kinda the same, I use to live across the street from this woman, she kept me informed on everything happening in the neighborhood , kinda like gramdma
You need a break from all this craziness. Back in May I sold out of everything. And abstained from any kind of market activity.
What with the early signs of China, and the FEDs fuckery, the market was almost guaranteed to overreact, and it did. When will I get back in? Probably next month when all the dust settles, what will I get into: Oil, Tech security, and real estate. Why? Because OPEC are now getting tired of low oil, Hackers will always be hacking, and Donald Trump will be President, and what is he? not a politician but a real estate mogul. Future is bright. Americas best days are ahead..
I am convinced that a person of your extreme intelligence could put his time and effort into Fanduel and come out much further ahead than the Stock’d market.
The people that will make the most from daily fantasy sports are those that are either in the marketing department, are top affiliates of the site earning a percentage of the revenue they bring in, or the sites themselves.
There will be a few that make a decent amount, like poker players in 2004. But the Calvin Ayre’s of the world; are those that always get a cut, rain or shine. The house always wins, particularly when the revenue is not subject to downside variance that can potentially go negative. Look at the city of Vegas, built on the backs of people who “think they can beat the system”. That’s not to say that some can’t, but the smart money is in BEING the system, not beating it.
substitute trading for sports/gambling, and Wall Street for Las Vegas, and you have an equally true statement. Yet here we are.
As the townspeople watched the unveiling of the dick guillotine, they didn’t notice a second contraption being wheeled into the square – the dreaded gas-powered ass reamer.
uh just crossed 1951 again. haha
I’m sure this hell is a simulation, just like the rest of the universe.
speaking of giant turkeys – lots of them running wild all over the place with their youngins