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-   -   Wow the markets are killing me (https://gfy.com/showthread.php?t=928143)

Jai 09-16-2009 03:16 PM

Wow the markets are killing me
 
i didnt lose a penny during the heart of the recession...but now im shorting the market and lost 60K in 2 weeks!

i swear to god the minute i sell markets gonna crash

anyone see a -3% dow DOWN day?

L-Pink 09-16-2009 03:17 PM

I am surprised every day, just keeps going up.

.

$5 submissions 09-16-2009 04:18 PM

Quote:

Originally Posted by L-Pink (Post 16327579)
I am surprised every day, just keeps going up.

.

Jai's instinct is right. The market is unsustainable. The fundamentals aren't there... yet.

DatingGold 09-16-2009 04:20 PM

nobody knows. People like the feeling of making money especially right now. It will keep going up.

SomeCreep 09-16-2009 04:20 PM

Quote:

Originally Posted by Jai (Post 16327577)
i didnt lose a penny during the heart of the recession...but now im shorting the market and lost 60K in 2 weeks!

i swear to god the minute i sell markets gonna crash

anyone see a -3% dow DOWN day?

Unless you're a professional, don't short.

crockett 09-16-2009 04:38 PM

Damn.. I took a break from trading a while back, and had gotten stuck in Freddie Mac after flipping it a few times. Nice to see it's at 1.90 now. Think I bought it at around .60 or somewhere in there.

I had the intentions of just leaving the stock alone and waiting til it fully rebound, but now I'm like hummm.

CunningStunt 09-16-2009 04:41 PM

I was happy the other day that my share portfolio is back to over 50% of what I started with a few years ago.

Disastrous turn of events.

eZe 09-16-2009 04:46 PM

I invested all my money in porn. You know how much these mag are going to be worth in 20 years.

SomeCreep 09-16-2009 04:47 PM

I see a bubble forming.

Take a look at the state of our US economy. Virtual nationalization of our financial and housing sectors. Unemployment at 10%. Weak consumer. Record high $4 trillion in debt and record low US dollar. Threat of hyper-inflation. At war in Afghanistan. Obama pushing for $900 billion dollar Health Care reform (From a business perspective, this reform will curb if not kill health care profits), Obama pushing for tighter restrictions and regulations on Wall Street. And this is just all the bad stuff we know about. Throw some unpredictable events into the mix and you get a "double dip" recession. You will also get sort of a "W" looking stock market recovery, not the "V," we have currently been experiencing.

You'd think people would learn some lessons from history. Nope, not the case.

LiveDose 09-16-2009 04:49 PM

I have been staying away these days. You have to watch it like a hawk and constantly read up and I don't have the time.

Mr Pheer 09-16-2009 04:56 PM

Dont let the markets kill you... kill yourself instead. Fuck those markets.

GAMEFINEST 09-16-2009 05:17 PM

recession is over...my ass..

DWB 09-16-2009 05:50 PM

South Korean market... Pharmaceutical companies making Swine Flu vaccinations... If you missed out on those, don't know what to tell you. Some went up 50%+!!!!!

ToplistBlog_Com 09-16-2009 06:14 PM

I'm stayin out of the market for now, it's still too volatile.

Argos88 09-16-2009 06:40 PM

don't trade on forex if you don't know what u are doing.. only 5% of FOREX traders do any money.

10% barely break even and the remaining 85% lose money month after month....

20% of FOREX traders have a PhD in economics.

Think it twice, dude.

woj 09-16-2009 06:45 PM

buy+hold is the only strategy that works, anything else = gambling....

Jai 09-16-2009 06:48 PM

yea problem is u cant hold forever when it keeps goin down, u need an exit point...but its that speculation there will be correction which is killn ppl

that correction is never coming, and that bubble is a myth..but should be reality

SuzzyQ 09-16-2009 06:50 PM

You guys must not be picking the right stocks. Im up 226% this year.

Furious_Male 09-16-2009 06:52 PM

I went long oil and financials after the crash and made back half of what I lost when the bubble burst.

Starting to look at some short positions but this rally could still have legs.

theking 09-16-2009 06:53 PM

Quote:

Originally Posted by woj (Post 16328110)
buy+hold is the only strategy that works, anything else = gambling....

100% spot on. I prefer doing my gambling at a club...much more entertaining and the results are about the same.


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