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daniel039209
NVDA market cap, reported on CNBC is $5 Trillion.
jshemanski49196
I would feel more comfortable taking a short position only if ALL of your upside projections had been met, including the high/low ones shown on the Web App. In addition, where would you place a stop if you want to go short before these are met?? The last two months of the year are generally positive for the market, as well.
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daniel039209
jshemanski49196 said:
I would feel more comfortable taking a short position only if ALL of your upside projections had been met, including the high/low ones shown on the Web App. In addition, where would you place a stop if you want to go short before these are met?? The last two months of the year are generally positive for the market, as well.
i dont disagree with you on this at all. And just think about it: the cost/the opportunities lost on way up for the past years, being negative, even if this is some kind of short term high in market, and we drop 10%--in the scheme of missing 100% gains, and NVDA going from $3 trill mkt cap to $5 trillion, is it important: never will anyone make that kind of money on the short side. Market has been going up 73% of the time for 40 years. Peter, trying to nick the top- if you really put money in that idea, you would be devastated with losses.
I take responsibility for my trades, but i have to say, the influence of " generational losses, lifetime highs" about 30% ago has NOT been helpful. Again, hope he is right and makes 2% on short. Pyrrhic victory.
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NVDA market cap, reported on CNBC is $5 Trillion.
I would feel more comfortable taking a short position only if ALL of your upside projections had been met, including the high/low ones shown on the Web App. In addition, where would you place a stop if you want to go short before these are met?? The last two months of the year are generally positive for the market, as well.
Last updated
i dont disagree with you on this at all. And just think about it: the cost/the opportunities lost on way up for the past years, being negative, even if this is some kind of short term high in market, and we drop 10%--in the scheme of missing 100% gains, and NVDA going from $3 trill mkt cap to $5 trillion, is it important: never will anyone make that kind of money on the short side. Market has been going up 73% of the time for 40 years. Peter, trying to nick the top- if you really put money in that idea, you would be devastated with losses. I take responsibility for my trades, but i have to say, the influence of " generational losses, lifetime highs" about 30% ago has NOT been helpful. Again, hope he is right and makes 2% on short. Pyrrhic victory.
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