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11/10/24
19:55
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Originally posted by iminvestor101
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you need to give more context on the us defecit and not just parrot a statistic you probably heard from jamie dimon two days ago.
as for green shoots in China, that remains to be seen. Instead of healing a dying patient, it seems like they are trying to resuscitate them instead. That doesn’t appear like green shooots to me, it’s more like life support.
in any case I still don’t understand what the big deal is with attempting a short at these levels.the best thing about capital management is having the capital to trade your self out of a situation. I’ve only bought one parcel so far at 4.60 and I got one more equal parcel I’ll use if the markets shoot up this earnings season.
just patience, money and and exit strategy is all that’s needed. Sure I could lose money but again, it would have to be a pretty big drop for it to mean anything.
The truth is nobody knows where the market is headed but at least I’m paying to find out if the current complacency and enthusiasm engulfing markets has profitable trade in it.
If you saw the hit I’ve taken in my bond portfolio over the last 2 weeks, you’d laugh at the loss I’m making on my ~60k BBUS punt, which made a whopping $130 loss claw back today from yesterdays close.
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"in any case I still don’t understand what the big deal is with attempting a short at these levels."
It is a very big deal when the bulls are all in at the top. No one is allowed to short what are you thinking? Every time you say that you scare them. They might lose money hahaha.
P.S. I can't believe you just won't follow the winning strategy of just go long because stocks only go up hehehe.