Search results

BTW she crossed the Rubicon. She ain't coming back. I say we get another booster on Monday, a repeat of Friday. If we were to open and go straight up without reversing, the target would be 4045. Most of that will come from institutional short covering.

I was referring to the entire bear market, not just any single day's move. NDX is just more volatile, hence it drops more in a bear market than its peers and rises more in a bull market. And since we're in a bear market, it's only natural that it would underperform DJIA and SPX.

But those you call "everyone" is perhaps complicit in the same-old shenanigans. It's the same shit with only a different label. Let's face it, it isn't just corporate America that's greedy. It's everyone. You need only look around, especially on social media, and they're everywhere. Everyone is...

If you look back through all the recent bear markets, you would clearly notice that NDX had the worst performance. So it wouldn't surprise me if it lags behind other indices going forward. But it'll catch up...eventually.

And the result is this. It did have a trickle-down effect, after all.

This is likely due to an old patent that Trading Technology holds. Read the following thread for more details: https://www.elitetrader.com/et/threads/trading-technologies-awarded-patent-for-dom.36783/

Having a bad hair day? Oh wait, you don't have any hair. As far as shitty trading goes, hmm, I have no further comment. :rolleyes:

I agree. The whole purpose of using the paper account is to trade as realistic as possible. OP's gonna have some hard time purging this bad boy trading image. Noob traders need to know that bad trading habits are like porn. They're addictive and very hard to break.

You have a nice weekend too, bro. :cool:

But the problem with these retracement numbers is that they're "approximation". They never stop exactly at those numbers. What's more, you never really know if the reversal will happen at 38, 50 or 61. It's just all guesswork. To me, that's unacceptable to say the least. I need something more...

Yup, herd mentality at its finest.

Sorry man, but I've never found the Fib to be much useful. I would look at the 50% retrace once in a while, but other than that, it seems more voodoo than anything. I just think there's a better way to trade. But that's just me. :)

If I were you, I would go long up to 200, then short the crap out of it. It's a perfect smart money trap scenario.

I'm asking the same thing myself. :D

BTW if you're kicking yourself for having missed the move, not to worry. This is just a beginning. We have a lot more to go IMO. There will be a bump at 4050-ish (first chart) but once that's clear, I think 4400 is not entirely out of the realm of possibility.

Did ya get back in??

Get back in long. This baby is heading up to 3950.

And that would be about 3950 for ES.

3880 tagged. Next stop: 3900. Then to the ultimate destination: 3950 I reckon a massive stops are placed just above 3880, and even more above 3900. Just gunning those stops alone will give a big push up.

C'mon have some faith. :D But 2023 will be the year of chop, for sure.