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cooperthedog
ParticipantCongratulations on your success!
As to shorting oil, why throw good money after bad? Stating that you plan to make money on your oil position demonstrates an emotional need not to lose (one that we all possess) and that left unchecked will generally lead to substantial losses in the markets. The reluctance to take a loss on a investment/trade, holding on until breakeven, or far worse, averaging down is the Achilles heel of most investors. In the future, you should strongly consider cutting your losses at a fixed percentage or hedging your exposure.
Assuming oil is the bubble you think it is, then what makes you think you know when the top will occur? Bubbles experience parabolic moves that will not adhere to fundamentals and can continue far longer then anyone expects. As a reader of Piggington’s, you should be initimately aware of that.
ParticipantCongratulations on your success!
As to shorting oil, why throw good money after bad? Stating that you plan to make money on your oil position demonstrates an emotional need not to lose (one that we all possess) and that left unchecked will generally lead to substantial losses in the markets. The reluctance to take a loss on a investment/trade, holding on until breakeven, or far worse, averaging down is the Achilles heel of most investors. In the future, you should strongly consider cutting your losses at a fixed percentage or hedging your exposure.
Assuming oil is the bubble you think it is, then what makes you think you know when the top will occur? Bubbles experience parabolic moves that will not adhere to fundamentals and can continue far longer then anyone expects. As a reader of Piggington’s, you should be initimately aware of that.
ParticipantCongratulations on your success!
As to shorting oil, why throw good money after bad? Stating that you plan to make money on your oil position demonstrates an emotional need not to lose (one that we all possess) and that left unchecked will generally lead to substantial losses in the markets. The reluctance to take a loss on a investment/trade, holding on until breakeven, or far worse, averaging down is the Achilles heel of most investors. In the future, you should strongly consider cutting your losses at a fixed percentage or hedging your exposure.
Assuming oil is the bubble you think it is, then what makes you think you know when the top will occur? Bubbles experience parabolic moves that will not adhere to fundamentals and can continue far longer then anyone expects. As a reader of Piggington’s, you should be initimately aware of that.
ParticipantCongratulations on your success!
As to shorting oil, why throw good money after bad? Stating that you plan to make money on your oil position demonstrates an emotional need not to lose (one that we all possess) and that left unchecked will generally lead to substantial losses in the markets. The reluctance to take a loss on a investment/trade, holding on until breakeven, or far worse, averaging down is the Achilles heel of most investors. In the future, you should strongly consider cutting your losses at a fixed percentage or hedging your exposure.
Assuming oil is the bubble you think it is, then what makes you think you know when the top will occur? Bubbles experience parabolic moves that will not adhere to fundamentals and can continue far longer then anyone expects. As a reader of Piggington’s, you should be initimately aware of that.
ParticipantThere’s also stealth inflation; when a product’s quantity/size is reduced and the price remains the same (or higher) per unit.
General Mills did this last year. They cut the cost of their cereal, modified the box depth (so the box appears the same size on the shelf) and put less cereal in it, but the reduction in price was not as great as the reduction in product, so the cost per unit actually increased…
Has anyone picked up a std. Hershey chocolate bar recently? Those things are almost paper thin!
ParticipantThere’s also stealth inflation; when a product’s quantity/size is reduced and the price remains the same (or higher) per unit.
General Mills did this last year. They cut the cost of their cereal, modified the box depth (so the box appears the same size on the shelf) and put less cereal in it, but the reduction in price was not as great as the reduction in product, so the cost per unit actually increased…
Has anyone picked up a std. Hershey chocolate bar recently? Those things are almost paper thin!
ParticipantThere’s also stealth inflation; when a product’s quantity/size is reduced and the price remains the same (or higher) per unit.
General Mills did this last year. They cut the cost of their cereal, modified the box depth (so the box appears the same size on the shelf) and put less cereal in it, but the reduction in price was not as great as the reduction in product, so the cost per unit actually increased…
Has anyone picked up a std. Hershey chocolate bar recently? Those things are almost paper thin!
ParticipantThere’s also stealth inflation; when a product’s quantity/size is reduced and the price remains the same (or higher) per unit.
General Mills did this last year. They cut the cost of their cereal, modified the box depth (so the box appears the same size on the shelf) and put less cereal in it, but the reduction in price was not as great as the reduction in product, so the cost per unit actually increased…
Has anyone picked up a std. Hershey chocolate bar recently? Those things are almost paper thin!
ParticipantThere’s also stealth inflation; when a product’s quantity/size is reduced and the price remains the same (or higher) per unit.
General Mills did this last year. They cut the cost of their cereal, modified the box depth (so the box appears the same size on the shelf) and put less cereal in it, but the reduction in price was not as great as the reduction in product, so the cost per unit actually increased…
Has anyone picked up a std. Hershey chocolate bar recently? Those things are almost paper thin!
ParticipantSounds like the “turnaround” is predicated on lower prices, which isn’t a profound prediction…
ParticipantSounds like the “turnaround” is predicated on lower prices, which isn’t a profound prediction…
ParticipantSounds like the “turnaround” is predicated on lower prices, which isn’t a profound prediction…
ParticipantSounds like the “turnaround” is predicated on lower prices, which isn’t a profound prediction…
ParticipantSounds like the “turnaround” is predicated on lower prices, which isn’t a profound prediction…
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