Quote:
Originally Posted by Furious_Male
You have to be crazy not to see that the printing presses propped this market up. You still have to play the momentum if you are a trader. If you have tried to go all in short you got run over and may continue to do so.
I have been adding to short positions (that I am holding) on big pops and trading the momentum plays long nimbly.
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Yes and no. The majority of the reasons the market has been up this year is because of Quantitative easing. However, companies have also purposely underreported their quarterly earnings so people keep buying into their bullshit. I'm one of them as well because while I acknowledge our economy WILL crash, it's important to play the game while it exists. I've also increased my holdings of silver to 20% of my portfolio and I suggest everybody do the same.