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Tuesday, January 22, 2008

This Guy Went Bottom Fishing...

This guy (EDIT: Video was removed from YouTube. Link has been re-directed to went bottom fishing in the Russell 2000 yesterday.
If he held overnight, then good night.
S&P 500 Limit down right now... @ 1255.50.


Anonymous said...

The only thing that would have made this clip better is if I'd shorted the market and wanted a line on who was paying me. I might even have sent a thank you card.

Corey said...

He posted a follow-up video yesterday where he explained what happened, that he tried to trade counter-trend, overleveraged, etc.

I've never heard so much raw emotion (foul language) in a YouTube video.

Who knows? Maybe he'll grow up to be a market wizard. Most of them lost entire trading accounts too.

Sadly, all those losses are gone today, and he could have exited at break-even. I bet he feels worse now than before.

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