Stocks and Trading Thread - Channeling your inner Mono

Started by MadImmortalMan, December 21, 2009, 04:32:41 AM

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The Minsky Moment

Quote from: Valmy on Today at 03:56:27 PMThat is dangerous as hell though right? Even if I am sure that eventually the bubble would pop I would be seriously white knuckling it while the bubble continues to inflate.

Historically pre-crash booms can run 2-4 years before the crash (think 1929 stocks, 2000 tech stocks, 2008 RE and structured securities).  It's not easy to maintain a short that long. You'd have to time it more precisely and good luck doing that.
We have, accordingly, always had plenty of excellent lawyers, though we often had to do without even tolerable administrators, and seen destined to endure the inconvenience of hereafter doing without any constructive statesmen at all.
--Woodrow Wilson

Admiral Yi


Michael Burry (Big Short) bought puts on 1 million shares of NVidia.  Goldman Sachs CEO predicts 15% pullback over 12 to 24 months.


mongers

Does all the talk about it now make it a self-fulling prophecy?
"We have it in our power to begin the world over again"

Josquius

Big drops today I notice.
I was thinking it'd hold off another few months at least but... Could it be nigh?
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