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If it was obvious, did you initiate any shorts while it was happening?

• eftychis 4y ago
  Just to gather small data: yes.
• Tostino 4y ago
  The market can stay irrational far longer than you can stay solvent...
  • Aunche 4y ago
    That logic only applies if you have unlimited potential downside. If they were really certain, they could have bought put options.
    • elijaht 4y ago
      I would say the same logic still applies to puts. They all have expiries, and you will have to buy new puts once they expire. You could just let the puts expire and have capped losses, but that feels like another form of the market staying irrational to your loss
• dijit 4y ago
  > If it was obvious, did you initiate any shorts while it was happening? Hard to prove, but as a data point: I tried to. I just couldn't figure out how, access to that kind of banking is more difficult in Sweden, especially if you don't speak Swedish. I have IRC logs of that period though, since I asked around on how to do that. Just to say: it was quite obvious in my circles.