Home › Forums › Financial Markets/Economics › Bubble Economics 101: Why you can’t make money even if you know a crash is coming.
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peterb.
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October 8, 2008 at 11:01 PM #14131October 8, 2008 at 11:16 PM #283711
peterb
ParticipantWTF? Ride the bubble up to the point before it blows and get out. Then when it’s starting to confirm a down trend, short the market. I can assure the person who wrote this that many of us have done this. Not rocket science. I guess it’s called “paying attention”. But that may be asking a lot of people.
October 8, 2008 at 11:16 PM #283999peterb
ParticipantWTF? Ride the bubble up to the point before it blows and get out. Then when it’s starting to confirm a down trend, short the market. I can assure the person who wrote this that many of us have done this. Not rocket science. I guess it’s called “paying attention”. But that may be asking a lot of people.
October 8, 2008 at 11:16 PM #284023peterb
ParticipantWTF? Ride the bubble up to the point before it blows and get out. Then when it’s starting to confirm a down trend, short the market. I can assure the person who wrote this that many of us have done this. Not rocket science. I guess it’s called “paying attention”. But that may be asking a lot of people.
October 8, 2008 at 11:16 PM #284041peterb
ParticipantWTF? Ride the bubble up to the point before it blows and get out. Then when it’s starting to confirm a down trend, short the market. I can assure the person who wrote this that many of us have done this. Not rocket science. I guess it’s called “paying attention”. But that may be asking a lot of people.
October 8, 2008 at 11:16 PM #284051peterb
ParticipantWTF? Ride the bubble up to the point before it blows and get out. Then when it’s starting to confirm a down trend, short the market. I can assure the person who wrote this that many of us have done this. Not rocket science. I guess it’s called “paying attention”. But that may be asking a lot of people.
October 8, 2008 at 11:27 PM #283721TheBreeze
ParticipantFrom what I’ve seen, a lot of Piggs had it right on the market crash. However, it seems like a lot of you guys would jump in and out of the market or play options or do something else dumb that caused you to lose money even though you knew the crash was coming.
I think this is a mistake a lot of people make. Instead of just shorting or buying and then giving your short/purchase a chance to work out, too many people try to time the day-to-day stuff or mess around with options. It’s fun to day-trade and to play with options, but it’s probably more profitable in the long run to just place your bets (either long or short) with common stocks or etfs and then be patient.
October 8, 2008 at 11:27 PM #284009TheBreeze
ParticipantFrom what I’ve seen, a lot of Piggs had it right on the market crash. However, it seems like a lot of you guys would jump in and out of the market or play options or do something else dumb that caused you to lose money even though you knew the crash was coming.
I think this is a mistake a lot of people make. Instead of just shorting or buying and then giving your short/purchase a chance to work out, too many people try to time the day-to-day stuff or mess around with options. It’s fun to day-trade and to play with options, but it’s probably more profitable in the long run to just place your bets (either long or short) with common stocks or etfs and then be patient.
October 8, 2008 at 11:27 PM #284033TheBreeze
ParticipantFrom what I’ve seen, a lot of Piggs had it right on the market crash. However, it seems like a lot of you guys would jump in and out of the market or play options or do something else dumb that caused you to lose money even though you knew the crash was coming.
I think this is a mistake a lot of people make. Instead of just shorting or buying and then giving your short/purchase a chance to work out, too many people try to time the day-to-day stuff or mess around with options. It’s fun to day-trade and to play with options, but it’s probably more profitable in the long run to just place your bets (either long or short) with common stocks or etfs and then be patient.
October 8, 2008 at 11:27 PM #284050TheBreeze
ParticipantFrom what I’ve seen, a lot of Piggs had it right on the market crash. However, it seems like a lot of you guys would jump in and out of the market or play options or do something else dumb that caused you to lose money even though you knew the crash was coming.
I think this is a mistake a lot of people make. Instead of just shorting or buying and then giving your short/purchase a chance to work out, too many people try to time the day-to-day stuff or mess around with options. It’s fun to day-trade and to play with options, but it’s probably more profitable in the long run to just place your bets (either long or short) with common stocks or etfs and then be patient.
October 8, 2008 at 11:27 PM #284060TheBreeze
ParticipantFrom what I’ve seen, a lot of Piggs had it right on the market crash. However, it seems like a lot of you guys would jump in and out of the market or play options or do something else dumb that caused you to lose money even though you knew the crash was coming.
I think this is a mistake a lot of people make. Instead of just shorting or buying and then giving your short/purchase a chance to work out, too many people try to time the day-to-day stuff or mess around with options. It’s fun to day-trade and to play with options, but it’s probably more profitable in the long run to just place your bets (either long or short) with common stocks or etfs and then be patient.
October 8, 2008 at 11:28 PM #283716stockstradr
ParticipantExactly. WTF.
Ride the bubble up to the point before it blows and get out. Then when it’s starting to confirm a down trend, short the market.
I agree! That’s exactly what we did. Worked like a *charm* no problem.
It is not everyone’s unavoidable fate to like the masses of dumb sheep, running blindly ahead right over the cliff.
October 8, 2008 at 11:28 PM #284004stockstradr
ParticipantExactly. WTF.
Ride the bubble up to the point before it blows and get out. Then when it’s starting to confirm a down trend, short the market.
I agree! That’s exactly what we did. Worked like a *charm* no problem.
It is not everyone’s unavoidable fate to like the masses of dumb sheep, running blindly ahead right over the cliff.
October 8, 2008 at 11:28 PM #284028stockstradr
ParticipantExactly. WTF.
Ride the bubble up to the point before it blows and get out. Then when it’s starting to confirm a down trend, short the market.
I agree! That’s exactly what we did. Worked like a *charm* no problem.
It is not everyone’s unavoidable fate to like the masses of dumb sheep, running blindly ahead right over the cliff.
October 8, 2008 at 11:28 PM #284045stockstradr
ParticipantExactly. WTF.
Ride the bubble up to the point before it blows and get out. Then when it’s starting to confirm a down trend, short the market.
I agree! That’s exactly what we did. Worked like a *charm* no problem.
It is not everyone’s unavoidable fate to like the masses of dumb sheep, running blindly ahead right over the cliff.
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