Quote:
Originally Posted by Praxeas
and if you know it's gonna go down you can buy short (or is it long?)...forget what it's called.
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You can:
1)
sell short a stock (or future); or
2)
buy put stock options; or
3)
sell naked call options
In any of these three scenarios, your goal is for the market to go down in order to make some profits
Quote:
Originally Posted by Praxeas
OUCH
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Ouch? something tells me you did not buy some puts or sell short in order to
take advantage of the markets plunge on Tuesday, otherwise you'd be saying "yummy"
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