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re: It's so much fun making money shorting the market. Make it on the way up & on the way down

Posted on 1/21/22 at 1:13 pm to
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 1/21/22 at 1:13 pm to
quote:

I’m saying it’s irrelevant.

But what if those go lower? (Which signs point to will)
Posted by rocky mountain way
Mountains because beaches are lame
Member since Jan 2022
298 posts
Posted on 1/21/22 at 1:14 pm to
quote:

In 2022 the Dow is down 5.55%
The S&P is down 7.37%

The NASDAQ is down 11.77%

I’m not sure how you can spin that as good.

2021 was propped up by money printed because of COVID.
Now what’s wrong?


You obviously don't know your audience.
It's like talking to the wall.

You just get responses "muh, diamondhands", "muh, da market broke, gubment needs to fix it".

They have no interest in understanding why it went up, and why it's now coming down.

Just a bunch of low brow "to da moon, muh diamondhands" clowns

This post was edited on 1/21/22 at 1:18 pm
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 1/21/22 at 1:17 pm to
quote:

But what if those go lower? (Which signs point to will)


What if they do?

I’m sure they will go lower, just as I’m sure they will go higher. I’m not worried about a 1 or 2 year horizon. It’s a long term game.
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 1/21/22 at 1:20 pm to
quote:

It’s a long term game.

Of course but what’s the point of even talking about it then?
Can’t discuss what’s happening right now?
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 1/21/22 at 1:27 pm to
quote:

Of course but what’s the point of even talking about it then?



I've literally spent the entire thread telling you it doesn't matter. I'm glad you're finally starting to get it.

And obviously you can discuss it but you keep saying that the market is crashing when it's not. The market is down over a few weeks and that could continue, or it could turn. But over the long term, it will go up so don't get worked up over a few red weeks.
This post was edited on 1/21/22 at 1:29 pm
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 1/21/22 at 1:35 pm to
quote:

And obviously you can discuss it but you keep saying that the market is crashing when it's not.

We are just arguing semantics now
But it’s been down for all year
We will be in a bear market very soon
Posted by TDTOM
Member since Jan 2021
14846 posts
Posted on 1/21/22 at 1:38 pm to


I am just going to leave this here to refer back to while you discuss it.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 1/21/22 at 1:39 pm to
quote:

But it’s been down for all year



All year is 15 trading days. You're freaking out because the market is down for a few weeks.

Please tell me you really aren't this dense
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 1/21/22 at 1:43 pm to
THE MARKET IS CRASHING


RUN FOR THE HILLS
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 1/21/22 at 1:43 pm to
quote:

All year is 15 trading days. You're freaking out because the market is down for a few weeks.

Just saying
Is it not a precursor for the year?
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 1/21/22 at 1:45 pm to
quote:

Is it not a precursor for the year?



No...it's 15 days that happen to be at an interesting point on a calendar, nothing more.

They are as equally impactful as any 15 consecutive trading days.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31314 posts
Posted on 1/21/22 at 1:46 pm to
quote:

Just saying
Is it not a precursor for the year?


I don't think the market is like your favorite sports team, where if they lose their first two games of the year you're going "oh man, we're gonna suck this year"
Posted by rocky mountain way
Mountains because beaches are lame
Member since Jan 2022
298 posts
Posted on 1/21/22 at 1:48 pm to
quote:

All year is 15 trading days. You're freaking out because the market is down for a few weeks.

Please tell me you really aren't this dense


The nasdaq is down nearly 15 percent from its high.
Down over 10 percent ytd.
what difference does it make if it's 15 days?
So using your logic if the market was down 90 percent over the last 15 days you would be saying "muh, but it's only 15 days".

You are a special kind of stupid.

Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 1/21/22 at 1:59 pm to
quote:

No...it's 15 days that happen to be at an interesting point on a calendar, nothing more. They are as equally impactful as any 15 consecutive trading days.

Oh okay.
So this is “nothing”

I just don’t think it’s nothing and think this will mean a very bad 2022
We will see a very large drop, and it’s starting right now
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 1/21/22 at 2:00 pm to
quote:

You are a special kind of stupid.

Hey man, I get what you’re saying and agree with you about the drops
But no need to stoop down and name call
That’s uncalled for
Posted by jchamil
Member since Nov 2009
16549 posts
Posted on 1/21/22 at 2:01 pm to
quote:

But over the long term, it will go up


Eventually this won't be true. I never considered it would happen in my lifetime, but now I'm not so sure. I hope I'm really wrong and being overdramatic in my thoughts on that
Posted by rocky mountain way
Mountains because beaches are lame
Member since Jan 2022
298 posts
Posted on 1/21/22 at 2:02 pm to
quote:

Hey man, I get what you’re saying and agree with you about the drops
But no need to stoop down and name call
That’s uncalled for


They get what they give.
I tried being polite and helpful but that didn't work.
This post was edited on 1/21/22 at 2:05 pm
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 1/21/22 at 2:05 pm to
quote:

They get what they give. I tried being polite and helpful but that didn't work.

There’s a way to stop they though
Just don’t think it’s necessary
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 1/21/22 at 2:06 pm to
Posted by rocky mountain way
Mountains because beaches are lame
Member since Jan 2022
298 posts
Posted on 1/21/22 at 2:15 pm to
I tried to explain to them yesterday why the market is tanking and why it makes sense.
I was met with a bunch of moronic hate.

Now the dow is down 447, nasdaq down 353, s&p down 80.

If they would keep their mouths shut and their ears open maybe they would learn something.

You make a great call and they want proof of your trades and accuse you of being someone else.
I'm done with these clowns, gonna go enjoy my winnings.




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