Jil always says that, but I’m happy when they speak up. This place gets boring when there is no debate. I even miss WQJ calling everyone stupid.
@Jil that’s a one day return I would love to see in my own account. It must be options with near term expiration, at least on the 4x.
My comment was tongue in cheek. Of course I think I’m smarter, but I need to be flexible and allow for the possibility that I am the fool in this case. I don’t know why anyone thinks this market will continue to rise I think it reeks of greed and risk. The only stuff that seems to move the market is the stimulus, tech, and these awesome press releases about potential stimulus and potential cures. The stimulus tells you how crappy the situation is. The smoke and mirror press releases speak for themselves.
To remain close to the true value, the market must drop below the true value by the same amount it has risen above the true value of the market. True value is the price at which market reflect the true value of the securities.
UONE without knowing anything and looking just at the chart is a perfect example of the greed right now. Insider’s sold at 0.76 a week ago or something and it closed above 27 today. The other article that notabene posted about the example of Hertz where people are openly speculating YOLO/AUTISTS whatever else they call themselves. They are just playing musical chairs hoping for a lottery ticket.
This reeks of the tech bubble. If you were trading it, you saw the same price action. It was fun as heck on the way up, but bled you out.
When would the market correct? I heard in this forum for months, still no correction? Mooning, mooning, … miss the BIG recovery!
I have put $20k into buying Jim Cramer very risky recommendation BLINDLY! Own stocks like ZS, DT, … it went down big time in mid Mar and now back to ATH. Ends up not much gain from pre-Mar ATH. No, don’t have 100% ytd gain, only 15%+ gain. So far, buy blindly n pray religiously return is much less than 100%++ ytd gain by actively trading of @Jil and @marcus335. Perhaps, I need to change my attitude to active trading
