What can /biz/ do if the stock market crashes. Go short and long on what?
ITT: /biz/ stock market crash advice
you need to be positioned BEFORE the crash if going short. it's giving me an ulcer right now trying to short the ES. i'll probably take a short around 2120. and for sure at 2130. i just don't know how much the markets will react to fed rate decisions. for all i know, we'll blow through last year's SPX high.
jim rogers did a funny presentation for a class he taught some years ago. he held up some magazine covers. all were hyperbolic. THE GOOD TIMES NEVER END or CAN THINGS GET ANY WORSE? turned out, those magazines came out pretty damn near the top/bottom of their respective trading markets.
personally scratching my head right now. the USD is weakening, stocks are rallying, and treasuries are at their lowest rates (ever?). so we have really fucking high demand for low risk treasuries all the while, stocks just shrug off any bad news. what gives. gonna be watching the yield spread very closely.
>>1361233
> Doesn't include this
>>1361233
Depends why it crashes.
If t's just stock centric. The Fed are going save it. Just BTFD.
If it's the beginning of systemic credit crunch. (i.e. financial institutions are going bankrupt). Sell everything ASAP. The USD will pump. The Fed will announce QE4 (you should buy gold before this). Buy back all your stocks at a lower price.
easier said than done :)
