djia off 2000

b26e118485851d25b493e59621296529.png


How could anybody have possibly seen that the market was way overvalued and ripe for a correction?

All I see is a bunch of lines what the fuck are you looking at?

If you are serious, I'd be happy to explain.

But I can't tell if you are joking.
http://bfy.tw/GVyH
 
PM to Jeff Bezos: volatility traders caused you to lose 5 billion dollars. Fuck you.

He has like a hundred other billion dollars. It sounds like you care more then he does.

Not really, just happy I was directly involved in helping to cause it in some small measure

Do you even have a basic understanding of how stocks work?
 
People under the age of 30 likely have no experience with a situation where immediate dip-buying isn't profitable over both [/i]the long- and short-term. It has become a reflexive response. That's behavioral psychology 101.

Perhaps it will work out well again. Perhaps not.
 
1,000 pt drops.... Common place.

Get back to me when it drops 2,000 in a day.

I suspect I'll be hearing from you on Monday.
 
Loaded up on SPX March 30 2640 puts on Thursday

Obvious trade seemed obvious with the likely release of the FBI vetted summary last Friday.
 
PM to Jeff Bezos: volatility traders caused you to lose 5 billion dollars. Fuck you.

He has like a hundred other billion dollars. It sounds like you care more then he does.

Not really, just happy I was directly involved in helping to cause it in some small measure

Do you even have a basic understanding of how stocks work?

the XIV implosion was nearly solely responsible for this correction, and entirely to blame for the massive Vix spike, setting off a chain reaction which resulted in Amazon and the entire market selling off. Hth.
 
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People under the age of 30 likely have no experience with a situation where immediate dip-buying isn't profitable over both [/i]the long- and short-term. It has become a reflexive response. That's behavioral psychology 101.

Perhaps it will work out well again. Perhaps not.

longer term dip buying will always be profitable as long as your positions are sized correctly and you have dry powder to add when/if price goes lower than expected.
 
PM to Jeff Bezos: volatility traders caused you to lose 5 billion dollars. Fuck you.

He has like a hundred other billion dollars. It sounds like you care more then he does.

Not really, just happy I was directly involved in helping to cause it in some small measure

Do you even have a basic understanding of how stocks work?

the XIV implosion was nearly solely responsible for this correction, and entirely to blame for the massive Vix spike, setting off a chain reaction which resulted in Amazon and the entire market selling off. Hth.

Awful interpretation from writings of a journalist who doesn't have a clue either.
 
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