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Smitty-48
- Posts: 36399
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by Smitty-48 » Sat Sep 18, 2021 7:58 am
StCapps wrote: ↑Sat Sep 18, 2021 7:54 am
Smitty-48 wrote: ↑Sat Sep 18, 2021 7:48 am
speaking of that, there could be some contagion coming from the Chinese real estate bubble imminently
the chickens finally coming home to roost potentially
obvious paper dragon is obvious
no, it's not going to be a massive implosion, it's just going to be a spot correction
none the less, contagion is likely, so you want to short that wave down, then ride it back up
Nec Aspera Terrent
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StCapps
- Posts: 16879
- Joined: Wed Nov 30, 2016 10:59 am
- Location: Hamilton, Ontario
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by StCapps » Sat Sep 18, 2021 8:03 am
Smitty-48 wrote: ↑Sat Sep 18, 2021 7:58 am
StCapps wrote: ↑Sat Sep 18, 2021 7:54 am
Smitty-48 wrote: ↑Sat Sep 18, 2021 7:48 am
speaking of that, there could be some contagion coming from the Chinese real estate bubble imminently
the chickens finally coming home to roost potentially
obvious paper dragon is obvious
no, it's not going to be a massive implosion, it's just going to be a spot correction
none the less, contagion is likely, so you want to short that wave down, then ride it back up
not in the stock market right now
and have no idea what to short, even if I was
*yip*
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Smitty-48
- Posts: 36399
- Joined: Wed Nov 30, 2016 3:22 am
Post
by Smitty-48 » Sat Sep 18, 2021 8:04 am
StCapps wrote: ↑Sat Sep 18, 2021 8:03 am
Smitty-48 wrote: ↑Sat Sep 18, 2021 7:58 am
StCapps wrote: ↑Sat Sep 18, 2021 7:54 am
the chickens finally coming home to roost potentially
obvious paper dragon is obvious
no, it's not going to be a massive implosion, it's just going to be a spot correction
none the less, contagion is likely, so you want to short that wave down, then ride it back up
not in the stock market right now
and have no idea what to short, even if I was
you can short anything, you could short the index itself
you don't have to short, you could just sell high then buy low
but shorting can enhance your profits by leveraging the ride down before you buy
Nec Aspera Terrent
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StCapps
- Posts: 16879
- Joined: Wed Nov 30, 2016 10:59 am
- Location: Hamilton, Ontario
Post
by StCapps » Sat Sep 18, 2021 8:07 am
Smitty-48 wrote: ↑Sat Sep 18, 2021 8:04 am
StCapps wrote: ↑Sat Sep 18, 2021 8:03 am
Smitty-48 wrote: ↑Sat Sep 18, 2021 7:58 am
no, it's not going to be a massive implosion, it's just going to be a spot correction
none the less, contagion is likely, so you want to short that wave down, then ride it back up
not in the stock market right now
and have no idea what to short, even if I was
you can short anything, you could short the index itself
you don't have to short, you could just sell high then buy low
but shorting can enhance your profits by leveraging the ride down before you buy
don't have any stock to sell high on
if I was going to short, what would be some of the better shorting options?
*yip*
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Smitty-48
- Posts: 36399
- Joined: Wed Nov 30, 2016 3:22 am
Post
by Smitty-48 » Sat Sep 18, 2021 8:11 am
StCapps wrote: ↑Sat Sep 18, 2021 8:07 am
Smitty-48 wrote: ↑Sat Sep 18, 2021 8:04 am
StCapps wrote: ↑Sat Sep 18, 2021 8:03 am
not in the stock market right now
and have no idea what to short, even if I was
you can short anything, you could short the index itself
you don't have to short, you could just sell high then buy low
but shorting can enhance your profits by leveraging the ride down before you buy
don't have any stock to sell high on
if I was going to short, what would be some of the better shorting options?
I don't give specific investment advice
that's irresponsible
don't do anything until you a) have seed money to play with, then b) have done your own research
Nec Aspera Terrent
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Montegriffo
- Posts: 18716
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by Montegriffo » Sat Sep 18, 2021 8:16 am
Use your MMA betting money.
It's just another form of degenerate gambling.
For legal reasons, we are not threatening to destroy U.S. government property with our glorious medieval siege engine. But if we wanted to, we could. But we won’t. But we could.
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Smitty-48
- Posts: 36399
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by Smitty-48 » Sat Sep 18, 2021 8:18 am
in broad strokes, if you are not sitting on excess funds which you need to park somewhere
don't bother with the stock market at all
just keep saving for the downpayment on a fully detached home in an undervalued market
only after you have acquired that asset first, do you need to worry about anything else
hard asset fully detached home where you could live for the rest of your days, is mission one
Nec Aspera Terrent
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StCapps
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- Location: Hamilton, Ontario
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by StCapps » Sat Sep 18, 2021 8:19 am
Smitty-48 wrote: ↑Sat Sep 18, 2021 8:11 am
don't do anything until you a) have seed money to play with, then b) have done your own research
haven't done the research
don't do anything it is
I'll stick to MMA gambling for now
I've done that research
and it's a proven cash cow for me
*yip*
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StCapps
- Posts: 16879
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- Location: Hamilton, Ontario
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by StCapps » Sat Sep 18, 2021 8:20 am
Montegriffo wrote: ↑Sat Sep 18, 2021 8:16 am
Use your MMA betting money.
It's just another form of degenerate gambling.
yeah but I'm good at live betting MMA
investing in the stock market, not so much
*yip*
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Smitty-48
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by Smitty-48 » Sat Sep 18, 2021 8:25 am
StCapps wrote: ↑Sat Sep 18, 2021 8:19 am
Smitty-48 wrote: ↑Sat Sep 18, 2021 8:11 am
don't do anything until you a) have seed money to play with, then b) have done your own research
haven't done the research
don't do anything it is
I'll stick to MMA gambling for now
I've done that research
and it's a proven cash cow for me
whatever you make on gambling, role that into the downpayment on a fully detached home
a savings account which you could live in for the rest of your days, is the first step on the ladder
if you have excess funds which you need to park somewhere, only then do you look at the equity markets
the first equity to acquire is the home, without that, you're a hobo forever
Nec Aspera Terrent