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And that’s what makes a market...buyers and sellers. My 2 cents: being long right now just to squeeze another 15-20% out of a potential blow off top vs. risking 50% downside makes absolutely zero sense to me. Best of luck to the Uber bulls and Uber shorts. One side will eventually prevail!

I am trading mostly short on this move down because that is the current trend according to weekly and daily chart. Find it much easier to trade with the bigger trend then against it. Until we break above 2822, I will not take a longer term position long. To me there is no sense in it waking...

Margin calls will add to the pressure.

Dead cat bounce today and in the days to come until we correct a total of 20%

Small caps are the hardest hit because of rates. Not saying we are going to continue straight down but if rates keep rising more a lot more downside possible.

Seems like you are being very stubborn right now. Hope your day trades are more than making up for your loss on this one.

From the time we topped in 2007, took 6 months to drop roughly 20% before bouncing.

To put things in perspective, in March 2013 we broke through previous all time high level. That’s roughly 46% below the 2941 cash high we made this year...only 5.5 years ago. Ask yourself what is really different between now and then and it can give one a glimpse of how realistic a drop back...

2533-2554 cash...you may get another op

Every 8-10 years shit hits the fan...Duck!!!

$12.5 k per contract

You are seriously playing with fire. I hope it works out for you.

Let’s see what happens. In the meantime bulls and bears can make money in this range :)

Yield curve is very close to being flat. 5% mortgage rates is putting pressure on housing prices. Housing stocks are down on average 40% from highs and once again consumers are over leveraged. This is the “perfect storm” with very high probability of hitting. I believe this is what is...

Maybe we get a bounce higher maybe we don’t. All I know from my experience is moving stops eventually becomes a losing proposition.

4 days up and 4 days down from last low. How’s that for symmetry!

My guess is the pain will end when we close below his key support level. Hats off to him for sticking to his “soft” stops. They work well in a bull market but not in a bear. I stand by my pattern call that the high we saw in September is the end of the bull.

I don’t care what anybody says...Trading without stops = refusal to admit when one is wrong. It’s very dangerous.

Time for perma bulls to check their supply of underwear

Bold prediction but like the fact you are putting it out there. Feds raising rates because they need bullets when shit hits the fan. We all know it will soon.