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I was reading Twitter last night and realized I'm not bullish enough. The slaughter of misguided bears continues.

With January closing positive, we have more data suggesting the likelihood of 2023 being an up year, which when added to all of the longer term cycles and the angry, confused bears, I just have to keep reminding myself of how to be positioned this year until the data suggests otherwise.

Given enough time, Burry will probably be proven right in any opinion he has. However, I'm not sure he is even capable of understanding "the game."

"If it walks like a duck and talks like a duck, it probably isn't a chicken." - Peter Borish

The high yield bond traders sure are. And housing (ITB ETF) is moving back up nicely.

I hear ya. I'm back to flat again. Still think this is a new bull market but am managing risk. And I have no idea what Powell said either!

How confident are you in the plan?

Well, we now know @destriero was one of the lurkers. ;)

I felt all out of whack being flat after yesterday. The more I looked at the market last night and this morning, the more I felt long was the place to be. I felt uncomfortable being out of the market, and not in a FOMO way. Fortunately, recognized a set-up after lunch. Glad you were able to...

Got out yesterday but looked at charts after lunch -- liked Russell 2000 better and got back into that -- will put stops in now.

Let's all be better in 2023!

I have been there -- I think he got too eager with an idea and once the idea is in your head you want to implement it even if the timing is wrong.

Just remember, timing is everything. You can be right and still lose money if your timing is off.

Who is this new guy dropping some knowledge on us? ;) Thanks for that info!

I don't have an edge for tomorrow. I was bullish for January. I'm still bullish for 1st quarter (meaning I don't think we are going to crash) but I'm less bullish for February. Planning to take some chips off the table today and let things shake out.

So the whole weed/alcohol thing is part of your identify. Do you see yourself as a drinker / pot smoker? If you can flip the switch so it's not a matter of stopping -- it's just not who you are anymore, that changes everything.

Matt: Just trying to help here. I'm only going off what I can gather from your posts, but your identity seems to be holding you back. I mean, we can talk about plans, discipline, etc. but until you see yourself differently (see yourself how you would ideally like to be, not how you currently...

Had few minutes to do some bigger picture analysis. As of now, still project we will be up for Q1, but February could be a little more challenging than January - not typically a really strong month from a seasonality perspective. I'm seeing a pattern on RTY weekly which typically suggests a down...

Have you reached the point where the pain is enough to make you want to do the "deep work" to make the necessary changes?

RTY was better than ES, but NQ even better!