karennma
8,057 posts
msg #151157
- Ignore karennma |
3/10/2020 8:22:29 PM
@ Nobody,
This is JMHO and not necessarily advice ...
I personally don't short stocks for one reason; it's dangerous.
Buying a stock (long) & holding it is one thing; but selling stock you don't own (short) is some real risky sh*+ because .. if you're wrong and it goes UP instead of down .... shame on you!
Suppose your "thing" is shorting sh*tty stocks that go down -- and you do this well because sh*tty stocks DO go down.
But ONE DAY, you make a mistake and short a stock that goes UP ... from $10 to $50. Do the math on 1000 shares. You just **d yourself. You just spent $10K to scru yourself out of $40K more.
IMHO, it's cheaper just to buy puts. First of all, you can buy 'em cheap. If you buy 100 puts @ $10 each, you've only spent $1,000 but you're controlling 10,000 shares of stock.
If you're right, you've made some big money. If you're wrong, you only lost $1K.
However, I'm NOT suggesting you do that because ... there used to be a member here, whose name I will not say.
I noticed, he started buying a lot of options and posting his trades.
Well, ... sadly, he's not here anymore.
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karennma
8,057 posts
msg #151158
- Ignore karennma |
3/10/2020 8:32:35 PM
Nobody
54 posts
msg #151154
- Ignore Nobody 3/10/2020 12:38:50 PM
Hi karennma,
everywhere RED (as most my stuff is in cheap seats tied to IWM) ....feel free to guide me to your favorite old school breakout filter...
possible payroll tax cut or relief??? Would be nice...
============================================
Re:
1- IWM - I don't buy ETFs or small caps. There are other peeps here who do that stuff. U need to talk to them.
2- The breakout filters are:
T3 and Guppy
3- tax relief etc. - The President is doing ALL he can. This is the problem with a "global" economy.
Sorry to say, when China sneezes, we all get sick.
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Nobody
404 posts
msg #151159
- Ignore Nobody |
3/10/2020 8:39:29 PM
Yup
US holding up global economy thus far
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karennma
8,057 posts
msg #151160
- Ignore karennma |
3/10/2020 8:44:38 PM
Under "General Discussion", Go to: "What is the best way to write this filter"
That's a nice filter that Cheese posted.
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karennma
8,057 posts
msg #151163
- Ignore karennma |
3/10/2020 9:12:56 PM
@ Nobody,
I have some other charts that I use -- and I hate to tell you this, but I just pulled up "IWM" ...
It looks like it's going down more to me.
Full Disclosure:
U better check w/ some other peeps here .. 'cuz I DON'T trade and I haven't been in the market since 2018.
I bot some TSLA last month and sold it the next day.
Really, at this point in my life, I'm not a "player" anymore.
Frankly, my judgment is better when I'm not in the market. LOL!
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Nobody
404 posts
msg #151164
- Ignore Nobody |
3/10/2020 10:12:46 PM
Thank you
IWM went red to green ... all good but your right it may it may head south
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karennma
8,057 posts
msg #151168
- Ignore karennma
modified |
3/11/2020 9:30:04 AM
I've been in the markets since the '70's.
Having participated in ALL bear markets since 1987, frankly, if I had my life to live over again --
Personally, I'd stick with Real Estate.
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Cheese
1,374 posts
msg #151169
- Ignore Cheese
modified |
3/11/2020 10:30:18 AM
karennma modified 3/11/2020 9:30:04 AM
I've been in the markets since the '70's.
Having participated in ALL bear markets since 1987, frankly, if I had my life to live over again --
Personally, I'd stick with Real Estate.
===========================================================================
karen,
Kudos to you. You are a smart businesswoman.
Smart money pendulum swings from Wall Street to Main Street, then Main Street to Wall Street.
Since you've been in the markets since the 1970s and have participated in all bear markets
since 1987, just off the top of your head, was it true that:
1. US stock markets have tended to dive heading toward presidential election November months
2. Bull markets generally lasted about 7 to 9 years, and bear markets lasted about 6 months to
30 months.
At the end of the bear markets, stock prices might have given up 5 years of previous gains.
The peaks of the following bull markets then climbed above the previous bull market peaks.
With a long enough time frame, SP500 buy and holders are still better off if they are
not caught with bad personal circumstances in a bear market.
Was any of the above generally true?
Thanks in advance for your thoughts.
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karennma
8,057 posts
msg #151172
- Ignore karennma |
3/11/2020 9:12:00 PM
@ Cheese,
It's been a long day and a late nite out for me ...
I'd have to google the answers 'cuz I'm too lazy to think about it.
ROFLMAO!
No point in doing that!
Same reason why I'm NOT in the market and haven't been since 2018.
Too lazy to worry about it.
Retirement will do that to ya'.
Some days, I just don't give a sh*+.
Hahaha!
I'll be back tomorrow when I can muster up some enthusiasm.
Sweet dreams, everyone.
:>)
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Cheese
1,374 posts
msg #151173
- Ignore Cheese |
3/11/2020 9:16:45 PM
okay, sweet dreams, karen.
haha
I withdraw the questions.
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