Submitted by Firesaleatthebuy t3_z7uq6n in wallstreetbets
eper3 t1_iyasg2w wrote
Reply to comment by Icy-Subject-6118 in Everyone’s a bear, time to be a bull? by Firesaleatthebuy
One of the stupidest things I’ve ever heard. This is a short term trading sub not a long term value investing sub. It has everything to do with sentiment and nothing to do with value.
15719901 t1_iybikwh wrote
See that's what I'm talking about right there. Enough with these long-term mindsets. Just make plays based on what you think JPOW will say tomorrow. I'm holding a single SPX 3900 put that expires tomorrow. Yeah it'll most likely expire worthless but what of it? I'm betting that JPOW is going to say how we need to see significant reductions in growth before the Fed even thinks about reducing rate hikes.
Firesaleatthebuy OP t1_iyeu98b wrote
Sorry for your loss :(
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