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Reply #8: it's the DU mental disease [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
paulsby Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-14-09 05:30 PM
Response to Reply #2
8. it's the DU mental disease
how many people were whinging when the dow was in the 7,000's. that was bad. and oh so many posts about decimated IRA's and other accounts

now, that the dow has had a HUGE run up, and these accounts (on average) have seen about a 40% rise in value. it's a BAD thing.

fwiw, i'm a daytrader, and i am short the dow from the close today. i have a stop loss . i'm willing to risk a small loss for chance of a big gain. bought some puts about 6 months out as well.

but there are many people who are literally MUCH better off now with the dow @ 10,000 than with the dow at 7,000

but the same people who decried the selloff are now angry about the retrace . lol

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