5 ms·

Smart approach. Pay attention to unwind it before April please IF it is short duration. Mainly sharing since you state you donate your income (much applauded!)

by czbond 7y ago

Smart approach. Pay attention to unwind it before April please IF it is short duration. Mainly sharing since you state you donate your income (much applauded!). There will be a sharp short slaughter rally in April, but then dropping off a cliff.... (do own due diligence). If you have a put into summer you're fine.

cadence- 7y ago
Are you from the future?
- mortivore 7y ago
  It really reads like that doesn't it? If you were from the future this wouldn't be a bad way to share that information.
  - tcharlton 7y ago
    Goldman and OP both think a further fall by summer is likely [1] [1] https://www.bloomberg.com./news/articles/2020-03-11/goldman-slashes-s-p-500-forecast-calling-for-end-to-bull-market https://www.bloomberg.com./news/articles/2020-03-11/goldman-...
    - glofish 7y ago
      These guys are like George in Seinfeld. So wrong about absolutely everything that doing the exact opposite is the winning strategy. On a serious note, remember that they are not your friends at all. They make money when the rest of the investors are predictable. There is no incentive whatsoever for making accurate predictions.
- marktangotango 7y ago
  The rally in April is pretty certain imo, that's the "dead cat bounce", but the "falling off a cliff" again part isn't. I don't think anyone sees this as another 50% correction... Or do they?
- czbond 7y ago
  No, but when the obvious trade (short) is apparent, it is easy to take out weak hands with the opposite trade. Plus large institutions need a rally after this warning shot to exit positions. Always look for the shock (which is just a warning) to follow up by an exit position, followed by the real action. Real action should happen later... downwards from May.
mmhsieh 7y ago
thank you John Titor.
czbond 7y ago
Downvote parent all you want, but if you do - set a calendar entry to 90 days and if you are down 10-15% additional from here, please upvote my comment again. You are voting your emotions. Link for you: https://news.ycombinator.com/item?id=22556929 https://news.ycombinator.com/item?id=22556929

by czbond 7y ago

cadence- 7y ago

Are you from the future?

mortivore 7y ago
It really reads like that doesn't it? If you were from the future this wouldn't be a bad way to share that information.
- tcharlton 7y ago
  Goldman and OP both think a further fall by summer is likely [1] [1] https://www.bloomberg.com./news/articles/2020-03-11/goldman-slashes-s-p-500-forecast-calling-for-end-to-bull-market https://www.bloomberg.com./news/articles/2020-03-11/goldman-...
  - glofish 7y ago
    These guys are like George in Seinfeld. So wrong about absolutely everything that doing the exact opposite is the winning strategy. On a serious note, remember that they are not your friends at all. They make money when the rest of the investors are predictable. There is no incentive whatsoever for making accurate predictions.
marktangotango 7y ago
The rally in April is pretty certain imo, that's the "dead cat bounce", but the "falling off a cliff" again part isn't. I don't think anyone sees this as another 50% correction... Or do they?
czbond 7y ago
No, but when the obvious trade (short) is apparent, it is easy to take out weak hands with the opposite trade. Plus large institutions need a rally after this warning shot to exit positions. Always look for the shock (which is just a warning) to follow up by an exit position, followed by the real action. Real action should happen later... downwards from May.

mmhsieh 7y ago

thank you John Titor.

czbond 7y ago

Downvote parent all you want, but if you do - set a calendar entry to 90 days and if you are down 10-15% additional from here, please upvote my comment again. You are voting your emotions. Link for you: https://news.ycombinator.com/item?id=22556929 https://news.ycombinator.com/item?id=22556929