Did you guys profit from the 777 point drop?

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  • Megafauna
    Member
    • Mar 2008
    • 63

    Did you guys profit from the 777 point drop?

    I was just hearing a radio host was saying he heard some people doubled their money. I REALLY doubt that unless you're talking about penny stocks.

    I can see people making 30% to 70% or so but not 100%.

    How did you all do? It's your chance to gloat. LOL!
  • RL
    Senior Member
    • Sep 2003
    • 1215

    #2
    Did the radio host mention what Stocks they made this profit on?
    Ray Long

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    • billyjoe
      Senior Member
      • Nov 2003
      • 9014

      #3
      I'm sure you could cherry pick the market and in hindsight find something that doubled but any person that actually did it, if there is such a person, would be outnumbered 10,000 to 1 by those that lost a bundle. Just tell me what to buy tomorrow that will double fast and I'll sign your praises to everyone.

      -----------------billy

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      • IIC
        Senior Member
        • Nov 2003
        • 14938

        #4
        See my thread...I didn't make huge amounts...But in this market w/ the time I have...I am just looking at the the easy way out on QID/QLD when everything's right for a quick buck...However, I have found that I have to put in liberal limits or I get shut out...Doug
        "Trade What Is Happening...Not What You Think Is Gonna Happen"

        Find Tomorrow's Winners At SharpTraders.com

        Follow Me On Twitter

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        • ninner
          Senior Member
          • Dec 2004
          • 524

          #5
          i profited nicely from the big market drop but i was short FMC and i have some put options also which i sold im still holding NSC put options ...as well i have the TWM and SRS.....i short to my eyeballs ....expect another big drop in the weeks ahead...actually probably bigger than the last one....like the dow will drop over 1000 points in 1 day....get ready for it.

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