This will be the year of true price discovery- finally. I suspect it will get triggered by debt ceiling and govt drama on that front. May-August will be the summer of hell (unless you are short). Going to be three separate crash events
You've always made your strategy clear. If you're long this market and have your money spread out among different avenues you're as protected as possible.
There is an old saying that money is the root of all evil.
I say Bull Shi....t.
Since the day I was born yo need money to buy stuff.
Debt is the root of all evil.
When you are in debt you are a slave and you are stressed out.
I am 66 years young and I am debt free and have been for the past 17 years, I am mortgage free debt free and my daughter has no student debt and has no debt and has a big stash of money(cash) cause I preached to her and still do that debt is evil.....
It happens to the best of us 😂. The SPY short got me December I still have it open, to remind myself not to listen to bears or bulls . I suspected this fake out squeeze to happen according to TA. And SP 500 hit a target number 4169 they closed it at . Interesting . Maybe a pull back or this is the top now 😂 but I still think 4200+ can be achieved before FED Day .
By the time the debt market "craters" it will be too late to get short
This will be the year of true price discovery- finally. I suspect it will get triggered by debt ceiling and govt drama on that front. May-August will be the summer of hell (unless you are short). Going to be three separate crash events
Keep up the good work, Greg. Hopefully most people here get it.
You've always made your strategy clear. If you're long this market and have your money spread out among different avenues you're as protected as possible.
Debt is the root of all evil!
There is an old saying that money is the root of all evil.
I say Bull Shi....t.
Since the day I was born yo need money to buy stuff.
Debt is the root of all evil.
When you are in debt you are a slave and you are stressed out.
I am 66 years young and I am debt free and have been for the past 17 years, I am mortgage free debt free and my daughter has no student debt and has no debt and has a big stash of money(cash) cause I preached to her and still do that debt is evil.....
Let's win. We have faith in you. I'm trading short calls as it goes up to cover the put.
It's a mega-Short Squeeze that's started. It'll wipe put most.
I did put a short in 5mins before close hopefully there’s a small pull back before Wednesday
Good, I was worried that you'd get a margin call. I wish you the best with that trade.
I think your SPY Short Call was a huge mistake. Hope you didn't enter that on margin?
We shall see. Net the position is down 16%. No margin... ever
It happens to the best of us 😂. The SPY short got me December I still have it open, to remind myself not to listen to bears or bulls . I suspected this fake out squeeze to happen according to TA. And SP 500 hit a target number 4169 they closed it at . Interesting . Maybe a pull back or this is the top now 😂 but I still think 4200+ can be achieved before FED Day .