Stock Market

[slow99]

I get what you and Al were laughing at now.. LOL.. So what would be the PC term to use in such a case...

What are you trying to convey, I really don't know? "Shorting" a stock means you are betting it will go down. If you have a bearish thesis on a name, you short it. Ideally, it goes down and you make money.

If you mean you are owning it long for the short-term, it would just be a daytrade (intraday) or a swing trade (hold it 2 or 3 days).

[347Mike]

I'm not being as ass...it's just the 3rd or 4th time I've seen you say that when it didn't really make sense. If you had shorted that TYP at 19, you'd have lost your ass!

I get what you and Al were laughing at now.. LOL.. So what would be the PC term to use in such a case...

[slow99]

Vaguely, yes. I know I am miss using it but for your average Joe I think everyone knows what I am referring to.

I'm not being as ass...it's just the 3rd or 4th time I've seen you say that when it didn't really make sense. If you had shorted that TYP at 19, you'd have lost your ass!

[347Mike]

Ha, if you want to "bullet it up" and retroactively make calls I guess so!

Do you know what "short" means?

Vaguely, yes. I know I am miss using it but for your average Joe I think everyone knows what I am referring to.

[slow99]

Look at that! I made a good call then, aye?

Ha, if you want to "bullet it up" and retroactively make calls I guess so!

Do you know what "short" means?

[347Mike]

A triple-levered, inverse ETF of the tech sector. If the tech sector is down 5% in a day, it will be up 15%. Don't hold it overnight though, they're meant strictly to be intraday instruments.

Look at that! I made a good call then, aye?

[slow99]

I don't recall saying it was, but alrighty... lol

A triple-levered, inverse ETF of the tech sector. If the tech sector is down 5% in a day, it will be up 15%. Don't hold it overnight though, they're meant strictly to be intraday instruments.

[347Mike]

Because TYP isn't a company, it's an ETF.

I don't recall saying it was, but alrighty... lol

[slow99]

What were you guys laughing at about TYP? I know nothing about it but but I do know it finished almost at 14% today.

Because TYP isn't a company, it's an ETF.

[Silverback]

I guess I don't see a 111% percent increase in a year, and a 9.7% increase in a month "shitting equally as much".

But then again, I put my money in a 401K and let it do it's thing, I don't have time to keep too much track of what's going down in either market

[347Mike]

There's a difference between playing the market and buying commodities for long term holding.

I was referring to right now. I just thought it was ironic giving the current market conditions and how silver is shitting equally as much.

[Silverback]

Isn't silver taking a shit as well? lols. It doesn't sound like your odds Denny are any better than mine...

There's a difference between playing the market and buying commodities for long term holding.

[347Mike]

If you're playing the market, conditions are already against you. Sorry, bro.

Sorry I am in the metal buying mood right now with what I am pulling.

Isn't silver taking a shit as well? lols. It doesn't sound like your odds Denny are any better than mine...

[KBScobravert]

Sell me some metal @ -3%?

Sorry I am in the metal buying mood right now with what I am pulling.

[Denny]

If you're playing the market, conditions are already against you. Sorry, bro.