$Dow Jones(.DJI)$ "How I made some money from a 1800+ point DOW drop yesterday" — For those arguing it was only a 320-point drop, take a closer look. When futures spiked up 1000 points pre-market, I checked cnbc, marketWatch and all other news media, but there was no news to explain it. My simple conclusion was that it was just a technical rebound. So, I decided to queue up some inverse ETFs. That pre-market movement? Clearly a trap. Then, the market shot up another 300 pts on open. I thought, after +1300, what's next? Will it really keep climbing? People forget so quickly. In less than 24 hours ago, everyone had forgotten Trump’s 24-hour deadline to China. So, I bet on the inverse ETFs instead. Why I bet so little? Well, I can never be 100% sure. I only bet what I can afford to lose. The only thing predictable from Trump so far is that he has been consistent with his decades old tariff believe ...for worse or for worse.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- kookieman·2025-04-09Interesting strategyLikeReport