LOL!
Also, this is a dangerous precedent to establish. Soon everyone with a foreclosure will start shooting themselves.
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LOL!
Also, this is a dangerous precedent to establish. Soon everyone with a foreclosure will start shooting themselves.
lolQuote:
Addie Polk, 90, of Akron, Ohio
LOLQuote:
Oh, no. Miss Polk musta done shot herself
lol 90 and still have the balls to shoot herself.... Btw, did she get a 30 year loan as a 80+ year old?
90 + shot herself + still alive = WIN
There's so much money to be made during these times. After a big down day like today, which coincidentally is like last Monday, the temptation to go long at the close and sell out tomorrow AM is great. The risk is certainly there, but if you are nimble and can apply a controllable amount of leverage, you can have a quick double or triple in the making. I went short at Friday's close via options on the SDS and am up 93% right now. I urge that you be nimble because of the volatility. You are susceptible to gaps up or down if you hold overnight that will cause a lot of pain, but if you're willing to take the chance, I'd consider going long the SSO (leveraged long on the S&P 500) at the close and look to sell out within the first two hours of the open tomorrow, anticipating a dead cat bounce or oversold bear rally. I don't expect a rally to last long so I wouldn't get too greedy. If the market is down, however, I'd close out the position ASAP.
By the way, AAPL hit $87 today. This is why you get the hell out when the getting is good.
what are the fees like on these ETFs?
I don't have the balls to play the market with this kind of volatility.
Sounds like a solution to me. Unemployment will go down to boot.Quote:
Originally Posted by Type Ryan
Kill land prices too once people start dropping off in metropolitan areas.Quote:
Originally Posted by Yoshi
Expense ratios are going to probably be in the 0.90% - 0.95% range. I am in these ETFs no more than a few days, preferably no more than a few hours so I don't really get hit by these.Quote:
Originally Posted by burgundy
Like Friday, we saw a massive intraday reversal of this mornings action. I took the negative reversal as a sign to short at the close on Friday, and I similarly took today's reversal as a sign to go long at the close (just one reason among others).