Quote:
Originally Posted by Tape Reader
I’m in the Post Office today mailing a Christmas card. Woman behind the desk is wondering out loud if Amazon is in the S&P 500. No one answers.
The woman goes on saying how well she has done with the S&P. IRA and all. (Impressive, I thought.) Someone on line concurs.
“It will continue going up forever.” Not today, I say. “Grinch that stole Christmas” another patron says.
Me: Go ahead and shoot the messenger. (Bad news gets no respect and I cower out and wish all a Happy Holiday.)
Not saying the same as the “Shoe shine guy giving tips", but close.
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https://seekingalpha.com/article/413...market-decline
Long read and only half the author’s thoughts but aligned with the idea of stock tips from a cab driver.
I don’t dabble in this kind of trade but was certainly aware that shorting volatility has been a profitable trade. Didn’t realize that Target managers were making millions.
(Pause) (Swallow).
Still think an actual inversion of yield curve will precede any stock sell off.
