I have been getting a huge number of junk stock mails on now is the time to really load up on the short funds and puts right now.
To me that looks like there are going to be a lot of people who have never done this before buying into this idea. Then they will panic and sell and chase the maret until next April.
I do not hear people talking now about selling their retirement funds and going into cash. I hear more saying they are afraid to look at them.
For me that mean no more trades to the short side and buy the dips big.
How about you.
Are people who do not trade asking you how to short and are the junk mails more into pushing the idea.
How many forced sellers and buyers are there now
Started by
jg1
, Nov 01 2008 09:54 AM
3 replies to this topic
#1
Posted 01 November 2008 - 09:54 AM
#2
Posted 01 November 2008 - 09:59 AM
Still just denial in the office talk, some wont look at it, other say the boilerplate,
it always comes back in the longrun.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#3
Posted 01 November 2008 - 10:19 AM
They were the ones who most wanted shorting banned.
I don't read those bearish mailings. They mostly come from Fisher Investments. I assume they're fake like their online ads.
#4
Posted 02 November 2008 - 03:20 AM
The selling will recede significantly after Dec 31st.
People with LT gains want to sell during tax year 2008 to lock in lower cap gains.
If polls are correct, cap gains will be higher next year.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule










