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    Perspective: This is just the beginning

    Like in 2009 right ? Almost 13 years later you still post the same shit. There was a major reset in March 2020.
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    The Grinch Who Crashed Wall Street... Santa Selloff

    You are incredibly delusional. You forecast that Oil would crash at $66 in December, it's now $84.70. SPX is still HIGHER then where you said it would crash in September. And MUCH, MUCH HIGHER then where you said it would crash in October 2020. And to make things worse, you were shorting US...
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    Perspective: This is just the beginning

    Memories of how some traders posted on here in 2009/2010. Here's the reality the "problems" of today are far less daunting then they were back then and markets and the economy came out fine.
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    Nasdaq- possible support area

    That in a nutshell helps illustrate why certain events will never happen. QQQ couldn't pay that dividend in year 2000 and if anything big IT is underpaying dividends compared to what they make these days.
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    Nasdaq- possible support area

    Important to remember though, any investor who simply bought US indexes and held for decades was fine. OP however managed to lose everything he owned trading on his ideas. Your choice who you should listen to. If you fear Nasdaq something like SPX or TSX is more diversified and less volatile...
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    The Grinch Who Crashed Wall Street... Santa Selloff

    I have a strong numbers and analysis background and it's kind of painful how child like your understanding is on these numbers. 7 weeks in and your underwater on 3/5 of the etfs. The market is proving my point whether you understand it or not.
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    This is looking like a BEAR market

    You seem to be inexperienced and lost. Why are you investing in IT which has been in a clear correction for months ? Gee, I wonder if any of my energy stocks can make money at $84-$85 Oil; guess we'll find out soon I maintain some "hope" that they will. I guess I see opportunity when you see...
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    Dont fall for the “ compelling valuation “ nonsense

    NY HOOD is an expert on losing all his money. You don't want to be him :).
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    The Grinch Who Crashed Wall Street... Santa Selloff

    The Grinch is doomed : UVXY 23.52 --> 17.20 TZA 31.08 --> 38.14 SQQQ 34.55 --> 41.79, SCO 16.30 --> 10.20, KOLD 52.75 --> 51.43 Average return so far : -5% . That number kind of tells the story.
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    This crash needs to play out- it’s dangerous !

    First question is what crash ? All I see is an IT correction that we knew about already. An given that it's option expiry it dragged some other stuff down on the open; weak hands bailed. What I'm noting is commodity prices are still sky high.
  11. N

    This is looking like a BEAR market

    I don't see the crash you predicted occurring at all. In fact, if you collected "inverses" after market close yesterday or this morning they either returned a rather modest return or even lost money.
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    What happened today and what will happen tomorrow?

    It remains a mixed market. Even more the before every IT led dip creates opportunities in other areas even big IT might be an opportunity at some point.
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    The Grinch Who Crashed Wall Street... Santa Selloff

    Uh, wow, you remain highly delusional. I'm up 10.3% on my account since this thread started and your double calls are all failing or failed already ( see SCO call it's beyond dead ). You don't seem to understand the numbers. Almost nothing is on track. You need a huge correction to even have 1...
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    This is looking like a BEAR market

    You don't seem to understand what a bear market is. Let's see in a year what this looks like and whether we were in a "bear market" or an "epic collapse" or a "market crash". And you can explain yourself then. However, I'm well aware when I've done the same in the past, expecting posters to be...
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    The Grinch Who Crashed Wall Street... Santa Selloff

    Yes, but you got thrashed in the morning. Hard to say if you made money today.
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    Bear market rallies are meant to be sold to raise cash

    Well, he certainly did ( see NY HOOD posting history ).
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    Nasdaq broke below the 200 day ( big trouble )

    Option expiry this week. Very likely that Oil stocks peak short term tomorrow, drop Friday, rebound Monday. Overall markets would normally be weak this Friday but that didn't hold up much last month. The tricky part might be IT; I'm not sure if the short side is overdone enough to reverse the...
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    Nasdaq broke below the 200 day ( big trouble )

    Ken had tunnel vision; today was not a good day to be trading most of those etfs. If you took the day off until 3:15 pm there was a trade there maybe but pretty random to anticipate that move. Gold stocks were a much better day trade today nice steady up trend all day.
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    Nasdaq broke below the 200 day ( big trouble )

    I considered short Nasdaq but the long Canadian commodity stock trade has been far more profitable and reliable this month.
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    Which way? A Gold Timing exercise

    I sold two positions today ( fully recovered losses ) plus a successful day trade. Down to two juniors I don't mind just holding longer term.
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