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Nah, this market has become a complete algo mess thanks to all the 0DTE options. It still can't actually drop though. Even when you think it would pull back, it still manages to get saved and V.

It's a terrible catch as I'm not him.

QQQ was 377 when I posted this, now it's a 355, but that 364 gap is a magnet. At that point it's barely down. I will own it if it breaks down, but every single support is constantly saved every day. Market is a clown shows with all these mini Vs. Will be 3 out of 4 green days. So while it has...

My life doesn't revolve around this board and can't be here every day. The double bottom of QQQ 354 still looks good. Dip buyers are lined up everywhere. Getting this to drop is still the hardest thing ever so still not concerned one bit.

It's going great! Already bouncing with such ease today. By mid next week this will magically float back up and most of the drop (from this week) will be madeup. Potential double bottom here as well. It's truly magic how this always goes right back up. Again, if the market were to actually have...

Before you'all get carried away, weakest selling pressure ever. How can you have any faith that the drop will hold? Such slow motion. Every $ level in QQQ guarded like its life depends on it. If I'm wrong I will be the first to admit it, but we saw these levels a month ago and it ripped a...

Give it a chance lol

So 2 is the release and then he speaks and does 2:30 EDT followed by QA. There is usually a pump followed by a fake drop and then he will say something that will cause the market to moon. There has not been a single significant down move in forever on rate decision days.

What a V reversal today! It's the 0 DTE option effect. Wouldn't even make the top 10 list of V recoveries this year

Because it's pretty much impossible for these markets to correct. Have to train the mind to stop thinking about what could go wrong/ it doesn't make sense and tell yourself that they can't bring this market down.

Up and UP. Corrections don't happen anymore.

Of course some overreaction here based on Friday. Sure we've had a few small red days here and there and of course it was up/flat today. The sell on Friday isn't even real. It's just setting up another V. It's been more flat/choppy than anything else recently. That's the thing with the minor...

You keep mentioning that. What does 2019 have to do with anything? It's 2023 and it's a much different market. What we saw from 2022 and before is a thing of the past. Markets aren't allowed to move like that anymore.

Rate hikes have been super bullish. All these rate hikes keep leading to the market going higher and higher.

It doesn't matter what happens. This thing won't drop. Been hearing it all year. Inflation came in hot this week, market still went up. No matter what Powell does it will go up. There's too much liquidity and 0DTE options preventing a drop from every happening.

Nope. I've been doing fine. Would I like more volatility. Sure? But that's a thing of the past.

Nope. I've been in the markets a long time and have seen it all. What we have in 2023 is so far different than any other time. We have never had a time in history like this where the market actually can't sustain a down move.

We are in a new era of the market where stocks only go up and the VIX remains suppressed. It doesn't matter the news or what happens, the market is predetermined to keep going up with very minor pullbacks along the way. but each one gets a V recovery and goes much higher. if you don't believe me...

It's laughable that anyone thinks any crash could ever happen again in today's new market. No drop or red is ever sustainable. This thing wants up. Even when it looks tired or goes slightly red, there is unlimited, endless liquidity to reverse course and force a V. I read some article that...

None of it matters in '23. Buy every dip it will only V. Even if you see a potential weekly bearish pattern it won't matter since this market is never going down.