Did I say something yesterday? Oh yes I did. So begins the pig slaughter...anyone wanting to catch a sharp knife on their jugular with a big fat juicy buy today?
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amoeba's Account Talk
- Thread starter amoeba
- Start date
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Or you don't want to go into the weekend on some wild hope for a dead cat Monday. Me neither.
nnuut
Moderator | TSP Legend
It's like guessing if the Groundhog will see his shadow. Punxsutawney Phil is dead!
https://weather.com/news/news/winnipeg-willow-dies
https://weather.com/news/news/winnipeg-willow-dies
nnuut
Moderator | TSP Legend
HOW IT STARTED: It's an optical illusion! Ostriches are the largest living birds, but their heads are pretty small. "If you see them picking at the ground from a distance, it may look like their heads are buried in the ground," says Glinda Cunningham of the American Ostrich Association.
WHY IT'S NOT TRUE: Ostriches don't bury their heads in the sand—they wouldn't be able to breathe! But they do dig holes in the dirt to use as nests for their eggs. Several times a day, a bird puts her head in the hole and turns the eggs. So it really does look like the birds are burying their heads in the sand!
https://kids.nationalgeographic.com/explore/nature/animal-myths-busted/
MYTH: WHY IT'S NOT TRUE: Ostriches don't bury their heads in the sand—they wouldn't be able to breathe! But they do dig holes in the dirt to use as nests for their eggs. Several times a day, a bird puts her head in the hole and turns the eggs. So it really does look like the birds are burying their heads in the sand!
https://kids.nationalgeographic.com/explore/nature/animal-myths-busted/
PessOptimist
Well-known member
Agua Fria Freddie is still alive-we think. No one wants to get close enough to verify it.
Agua Fria Freddie – Because a groundhog in PA knows nothing about weather in AZ!
PO
Dangerous territory; hidden potholes; land mines; muggings; shooting one's self in the foot - that's the metaphors I think associate with current market levels. Nothing in the aaii or the volumes or the VIX trend or the EMAs across indices (see Tom's comments today) to convince that an interim bottom has been put in.
Mine wasn't either, or so I thought with a 15K bet on XIV on 2/5. The next morning, I sold it for 640. 96% gap down, with CS announcing liquidation based on AH prices, when the prospectus says "intraday". Of course, CS owned 30% of outstanding shares, which they hedged 30 minutes after the prior close. Lawsuits are pending. TQQQ, SOXL (which rose 9.6% today) are tame by comparison. I'm still 11K off my 1/27 peak....no risk, no gain....gotta do it. And, its Roth, so those losses are amplified. Must get it back.
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Since someone PMd me, yes, there are several class actions pending (against CS, others) that you can provide info to on your losses for this XIV debacle. Many are on line. I've had good response from gregw@rgrdlaw@.com.
There's also allegedly SEC investigations open, but they don’t comment.
Will see how this goes...can take some time.
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There's also allegedly SEC investigations open, but they don’t comment.
Will see how this goes...can take some time.
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Well, since 2/6 and my loss of 22%, I made up 21% of that back.....and up for the year about 3% on my Roth, which is better than being down 19%....but I'm running into this mental issue of protecting gains; not risking enough, selling too early....I've been making good moves, just not taking full advantage of them.
I wiped away 11% of gains last year, going to 0% return in August, also making it all back and ending the year up 17%...I said never again....then I did it again anyways.
Now it's never again for sure (XIV doesn't exist, won't touch TVIX); only safe stuff like TQQQ, SOXL, CURE, UPRO...etc. And no bee ess individual small caps. Getting too old for this.
I wiped away 11% of gains last year, going to 0% return in August, also making it all back and ending the year up 17%...I said never again....then I did it again anyways.
Now it's never again for sure (XIV doesn't exist, won't touch TVIX); only safe stuff like TQQQ, SOXL, CURE, UPRO...etc. And no bee ess individual small caps. Getting too old for this.
Made up all my colossal February losses, and now up 6% for the year in my Roth...28% in 2 months. I can do better. I can do worse. I did do worse. I think S fund is the place to be right now....avoid currency risk with I....oil/construction risk with C.
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