A huge stock market bet

[Tia Senior Member Find all posts View Profile Close Tia]

Is this topic too political for other places you think?

http://www.moneynews.com/investingan...8/15/id/520613

George Soros Takes a Giant Put Position Against the S&P 500

Read Latest Breaking News from Newsmax.com http://www.moneynews.com/investingan...#ixzz2cW0oNWtN
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[bigfrank Administrator Find all posts View Profile Close bigfrank]

I own 2 of the stocks mentioned, I bought JCP at the low and I am a happy camper today. I have hade Citi for years and this year it Tripled.

BTW Moving this to the hot tub

[vintner Super Moderator Find all posts View Profile Close vintner]

Buying puts is common hedging strategy. Market has been overbought in my opinion and the opinion of several others, so I am bearish on several name. Of course Netflix refuses to cooperate with me and keeps going up. Trades like this is why Soros has money and I don't.

[Tia Senior Member Find all posts View Profile Close Tia]

? sky is falling?

http://finance.yahoo.com/blogs/break...163004190.html

Hindenburg Omen: Very Ominous, Highly Technical Warning Sign Returns

[vintner Super Moderator Find all posts View Profile Close vintner]

The market has been going up for an extended time without a decent pull back. It has sometimes pulled back 1-2%, but that isn't a change, just a bump. The market will likely make 5-10% drop. Some say it will go lower down to 20%. Typically, Oct-Dec has bullish trends, so if the market is going to drop, I hope it is soon so I can get bullish.

I don't think we are going to have a recession starting in the next months.

But I sure wish Netflix would drop 20 points, just for revenge, and to get some of my losses back.

[BoardGirl Senior Member Find all posts View Profile Close BoardGirl]

I am expecting a correction and do expect it in the fall. S'ok by me as that will be the buying opportunity I've been waiting for. Meanwhile, divs continue to roll in.

Not a proponent of the Hinderberg omen. Fact is, nobody knows where the market will go in 5 minutes, let alone in 5 hours,days, weeks, months or years. Market is fueled by investor sentiment.

I am long term buy and hold, only div payers, so not price sensitive except when wanting to add to positions. Waiting for Sale Prices ...

[nicko21tawny Junior Member Find all posts View Profile Close nicko21tawny]

Seems good to be true, not sure About it.

[nicko21tawny Junior Member Find all posts View Profile Close nicko21tawny]

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