To DrSP: You have been on right side here during this drop, but your posts are both cynical and demeaning - how about posting some charts and technical analysis along with your boasts and maybe you would be taken more seriously!
I posted a live screenshot of my trade during the 1st week of the year, with a commentary. Nobody else has ever done that on this message board, end of discussion.
My posts are factual, not cynical or demeaning. It hurts some people that you are on the other side of the trade, but it is what it is.
Dr:
Do you have a link for that? Only thing I found is that you thought gold was worth zero. http://www.traders-t...?...994&hl=Drsp
I posted a /SI trade screenshot of my own portfolio.
Zero! When and where was gold last worth zero? In the Garden of Eden?
But joking aside, "zero" appears to be a popular market call with DrSP and since, as he says, his posts are "factual, not cynical or demeaning," he must be serious. Here he is back in December, 2012, predicting that
"...all Chinese stocks will go to 0 eventually...". Gold and
all Chinese stocks going to zero -- I guess that's a bet on thermonuclear war or the extinction of the human race or the earth spinning out of orbit into the sun or the Rapture or some such Armageddon. Or maybe just death. Regardless, give him credit -- those are bold calls!
But then here he is back in June, 2012, telling me that he was
''...bearish on UNG on all time frames...".
All time frames -- isn't that, on natural gas, another zero... eventually? By the way, in that June UNG thread he said: "I would go and buy as many Oct 15$ puts as possible. Double the deal when and if UNG hits 22 - 23. Let's visit the thread in October and see what happens then." Okay, let's revisit the thread. What happened then was UNG did go to 22-23 so he got his "double the deal when and if UNG hits 22-23" on his Oct 15$ puts. They were likely cheap since it was a week before the October expiration and those Oct 15$ puts would all expire worthless a week later.
No wonder he has zeroes on his mind.
Oh well, I, for one, am grateful for his relentlessly non-cynical and non-demeaning posts. As he says with a
, they are what they are, and without them, we probably would never have learned that when one bets on worthless on anything like gold, and Chinese stocks, and natural gas, and whatever else I may have missed, it's better not have an expiration date.
Good luck and good trading.
By the way, dharma, thanks for the interesting and telling quote no matter who's guessing who said it.