OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

FML, INTC getting slaughtered :smh: This better just be a nasty correction, dont have the capital to play any puts atm.
 
Copping more IVV today and a little more GWPH. 

Sitting on about 25% cash so not too concerned with a correction. Will use as buying opportunity. 
 
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Started investing in '07. A few months later, the GR happened and i almost lost everything. That was a baptismal by fire... :lol:


This right here...not eem worried...:lol:. Not too worried about oil. China, though, is gonna produce one heck of a bowel movement in the stomach of the global economy.





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Gut says oil didn't bottom yet but tough spot to get long DWTI. Times like these it pays to understand how to trade other vehicles besides equities
 
I've been just checking futures before bed and in the early morning to get a feel. The good thing is now there are tons of ETFs to trade commodities, etc
 
Gut says oil didn't bottom yet but tough spot to get long DWTI. Times like these it pays to understand how to trade other vehicles besides equities
why long DWTI? It's only good for day trading otherwise you lose over long term. There's way better ETFs.
 
Gut says oil didn't bottom yet but tough spot to get long DWTI. Times like these it pays to understand how to trade other vehicles besides equities
why long DWTI? It's only good for day trading otherwise you lose over long term. There's way better ETFs.

Swing trading ETFs can be rather profitable. I wouldn't hold it for weeks or months but 2-3 days or so can produce huge swings. DWTI is triple inverse oil so the moves are nice if you want to play oil to the downside. It is simply a trading vehicle never an investment
 
This oil thing being sub $30 and under is unheard of.  That's the market for you.  You can never guess, never assume, never stay course.

Everyone's portfolio is red because of exposure to stocks.  It is scary because we may be in a wave where oil companies go belly up, just like how bankers went bell up, and miners as well.
 
This oil thing being sub $30 and under is unheard of.  That's the market for you.  You can never guess, never assume, never stay course.

Everyone's portfolio is red because of exposure to stocks.  It is scary because we may be in a wave where oil companies go belly up, just like how bankers went bell up, and miners as well.

Unheard of? Goldman predicted $20 barrels and most analyst saw the supply glut. Oil is actually very predictable
 
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