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Confirmation Bias

The cries of "do something, do something" all day, every day. We can expect to see this kind of graft for at least the next 6 months.

Truth. I give the sub-25 crowd a pass for their political "naivete", but when I see 60 year olds put their faith in the promises of pathological, narcissistic politico's it makes my blood boil. This "infrastructure" garbage has been passed along for decades, almost nothing ever gets fixed...

Good post risktaker. Those darlings (many of them) haven't even retraced much of the 2019 blow off move. Agree that this needs to happen before other stuff will have a decent base.

Too much peripheral damage to slog thru over the coming months.

This does seem like the perfect week for a sharp counter-trend move. Monthly expiration, triple witching. I'm just spit balling though. The real economic damage is intense.

Maybe, just maybe, this is day 26 (TD18) (Oct 26 2018) if I'm looking at the late 2018 swoon for clues. That would set up the sharp counter-trend rally to clip into somewhere between the 50/200 day MA's.

He's been around forever. We used to have a good crew at Prudent Bear before it was sold to new ownership (who quickly destroyed it). He didn't reply when I asked if it was him, but I know it's him. Kinda like a handwriting analysis, he writes in an unmistakable way.

I'm with you on that. NYA, Russell are leading the way.

What are the odds we don't test the 2018 lows? Although could make the argument that it's the trap for holdouts for the ramp back to 2800. btw, anyone figure out why Russell futures just stopped trading several hours ago. I know they are garbage, but they usually play tag-a-long with ES/NQ/YM

Have you bought more on the way down?

media been dying for 10 years. Past 3 weeks is what they desperately needed.

dozu just permanently tilting at windmills.

I noticed russell 2000 futs just flatlined awhile back. (only up 1.00%)

No one has mentioned what those deep OTM puts went for in mid-Feb and what they are worth now. Here is one example. Mar20 3000p. 3.50-4.50 in mid-Feb. to over 600.

He stuck his nose in it every day for the past few years. In the years prior to winning the election, he had a more sober tone about all of it. It's his fault in so far as he took the credit for the gains and now a majority of people will shoulder him with the blame (rightly or wrongly no matter).

He is so desperate to save his precious bubble (the same one he railed about in the years prior to getting into the WH).

I guess one could argue how many times early in the panic.

"in vogue" is Surfer speak. Has he been sold the Price Drivers™

The satchel is en route to meet the margin call