Berkeley CSUA MOTD:Entry 48978
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2024/11/26 [General] UID:1000 Activity:popular
11/26   

2008/1/21-31 [Finance/Investment] UID:48978 Activity:nil
1/21    More lame financial headlines today:  FTSE 100, DAX, CAC 40 down
        5.5 to 7%.  DJIA futures down 500pts.
        http://www.youtube.com/watch?v=rCtQL5b_rCM (jump to 1:00 minute)
                                                   \_ nah, 3:20 is better. lol!
        http://highprobability.blogspot.com
        \_ There are some who feel like that uh if we have shitty economic
           policies it might bite us in the ass. They don't understand what
           they're talking about if that's the case. Let me finish. Um, there
           are some who feel like conditions are such that there might be a
           recession. My answer is: bring it on.
        \_ Don't daytrade (or go to Vegas) with money you dan't afford to
           lose. Good lesson to learn that early in life.
        \_ da-mn.  today's headline is:  "I sold the BOTTOM"
           \_ This guy appears to be the perfect contra indicator.
              \_ maybe it's cmlee, the Anti-Analyst!
2024/11/26 [General] UID:1000 Activity:popular
11/26   

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2013/5/9-7/3 [Finance/Investment] UID:54675 Activity:nil
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2012/12/21-2013/1/24 [Industry/Startup, Finance/Investment] UID:54568 Activity:nil
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www.youtube.com/watch?v=rCtQL5b_rCM
Upload Search the stock market ruined my life Hello, you either have JavaScript turned off or an old version of Adobe's Flash Player. Content of this nature is not necessarily prohibited on YouTube, however we will review this video and take action as appropriate. We can only process copyright complaints submitted by authorized parties in accordance with processes defined in law. There may be significant legal penalties for false notices. Reply Boy you have currage to post this, my respect for doing so. You will follow your plan when the pain of not following the plan exceeds the pain of following the plan. Reply Damn dude, you got fucking owned like tens of thousands of 1929 speculators nearly a century ago. Learn from history though and see that life does get better. It looks shit now, but there is no reason to get depressed and do anything rash. Just be smart and don't let yourself keep getting owned. Sorry to say though, but I think a small clip of this should end up on an "owned compilation" video. fwiw, the Plunge Protection Team will probably show up in the morning. I'll be covering alot of my shorts for the arse blast after the open. But most likely this is a short term bottom, though I'm not saying tomorrow won't bring you lower. I've been where you are diversification and stop losses are key.
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highprobability.blogspot.com
I need to be to work in 2 hours, and I can't manage this position, I have to sell out. Who would've thought the Futures would tank as much as -500pts on YM with the US markets closed. I didn't, and I never really wanted to be in this position, but I couldn't accept the small loss. Go ahead and link me and show the world how much of an idiot I am. Now is probably a good time to go long now that I sold out. YM down over 500pts Congratulations to all those smart people out there that stayed out of the market, and didn't make a stupid trade like me. I'm still holding this piece of shit even after taking 38k unrealized loss. If the market does tank on Tuesday as many believe, than I will surely go into a deep state of depression. I'll make one last prediction, that the FED will step in on Tuesday ahead of BAC earnings and save the market from plunging. At this point all I have left is hope and dreams of the PPT stepping in to save the day. I hope people get some enjoyment out of this, because I think I've lost about 3lbs this week due to trading related stress. It's Sunday night, the Asian markets are tumbling to the depths of hell, and I'm sitting on the biggest losing bet ever. If something bad,,,,,worse,,,, happens between now and Tuesday, you can kiss this blog good bye, because I will be fucking bankrupt. ER2 is holding upper better then the other indices, and I think a lot more people have pilled in short on ER2 because it was the favorite short last year. The worst that can happen is a gap down of 200-300pts and a hard selloff at which point my account will be liquidated. Who wants to take a 7k loss when you can lose it all instead,,,,,I mean make it all back. While searching for random links with the search term "I HATE MY LIFE" and "I SUCK AT TRADING" I found an interesting website which showed what people want most out of life. The things that people most want to accomplish in life- Exercise regularly - Eat well - Be in good shape Speak different languages - Quit gambling, smoking, doing drugs or drinking Fall in love - Contribute to society - Make alot of money Stop procrastinating - Have more sex! Speculating Well, I really don't want to talk about today. I thought I was using my stops wisely, but after looking at my P/L, it isn't pretty. I have on a large bet that I'm holding over the weekend. IF things turnout in my favor next week, I'll tell what happened today. If things turnout for the worst, I will likely go into a raging fit, become depressed, write a post about the death of my account, stop trading, and begin to hate my life.