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If yesterday's pivot low was the end of the decline, the upcoming rally is going to wipe out the shorts in brutal fashion. We'll see how this plays out.

All these people keep wanting to short makes me more bullish.

The level yesterday was about as low as this pullback could go without this turning into the 2003 scenario. Let's see how things play out.

We have been following 2002-2003 cycle pattern very closely. Maybe that is continuing:

When were current holdings entered?

And now we throw in breadth thrusts. Here is one source but you can find others, including sentimentrader.com. Sure, it might be different this time but until something shows me otherwise, I'm gonna run with the bulls. https://www.walterdeemer.com/bam.htm

I don't know where we will close 2023 BUT keep this in mind (According to Stock Trader's Almanac): 1) Pre-Presidential Election Year (i.e., 2023): Only 1 loser in 84 years. 2) The last 47 up First Five Days of the Year (which occurred on January 9 this year) were followed by gains for the...

Congrats on a couple of good trading weeks. Note the "No Weed/Alcohol" the past couple of weeks. Just curious, what does the best version of you look like? What mindset shifts do you need to make to get there?

What if your assumptions are incorrect?

One thing I have learned is that those who favor the bear side tend to be people who have a psychological need to prove how smart they are. I would rather "Be like water" and just take what the market gives me.

You are probably trading bigger size because of your shorter time frame. I keep my size within limits that I can swing trade.

Again, this is the @vanzandt approach here. The easy thing to do was to sell or argue with the market. The hard thing was to hold your longs and hold your nose and buy more on the dips.

So far, it's been a case of where is the path of least resistance.

I continue to approach this from the "stopping a train" perspective. My read is that overall momentum is still strong and would be consistent with a market that won't be easily stopped at this stage.

Why do you "think" that?

Hopefully you saw this one. Note Jason Alexander talks about his friends prospering from this approach:

Well, I have Net Adv-Decline on S&P at 44 and NDX at -5.

I have never liked hourly charts on ES, just a preference thing. I look at 30-minute on ES with ETH (and 2-hour) but then look at an hourly of the S&P 500 index (obviously with RTH). Looking at both keeps me honest! I feel a little less comfortable being long going into tomorrow. Again, I s

I have to atone for my bad call in September which @Laissez Faire has pointed out numerous times. :D I still like you @Laissez Faire! Hopefully between this and my October call, I an now entitled to limited posting privileges here.