Official Let's Make Some Money Off Stocks Thread
#1733
Anyone playing this round of the CNBC Million Dollar Challenge?
Looks like a bunch of people held their long positions a day too long. I leapfrogged into the top 1.0% today.
Looks like a bunch of people held their long positions a day too long. I leapfrogged into the top 1.0% today.
#1736
Administrator
Thread Starter
The market is going to go haywire until liquidity comes back into the market. Low volume = high volatility. You take your money in your hands by playing this market. The only game on is the volatility game. If the market goes up you can bet it will go down and vice versa. It doesn't take a genius, just luck.
When we get a day of intense up volume and a big spike in the treasury yield to 5%+ on the 10 yr I'll be interested otherwise I'm happy to watch from the sideline popping in only when there are big moves that I can bet against.
When we get a day of intense up volume and a big spike in the treasury yield to 5%+ on the 10 yr I'll be interested otherwise I'm happy to watch from the sideline popping in only when there are big moves that I can bet against.
#1740
Originally Posted by AZDavid,Dec 2 2008, 07:54 PM
Did anyone else find the price action at the end of today odd?