ES Journal - 2019/2020

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mbondy said:
...The market is obviously a LONG and has been since january. Its no wonder that so many people fail at this - so much ego, so little gains.
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Oh ye of little experience.

Was the market an obvious long in January of 2018 at all-time highs? Sure! Then look what happened. Was the market an obvious long in September 2018 at all-time highs? Sure! Then look what happened.

Is the market an obvious long now in April 2019 at all-time highs?

Sure. Now watch what can happen.

Can it continue to do an early Jan 2018 thing and keep pushing new records? Well, yes! But this is not an obvious bull market now. I've learned (and it has been very expensive to do so), thus I'm treading carefully now. Walking on eggshells, pins-and-needles and whatnot.

Now that I have witnessed what the market CAN do in this new era, I may be better prepared for what it probably WILL do. Especially with the Trump v. Fed v. China v. Brexit v. Trump factor in play. The effects are getting more pronounced as this drama plays out.
 
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Buy1Sell2 said:
The last remnants of bulls here this afternoon. --Market now heavy heavy
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20190413_075308.jpg
 
Overnight said:
Oh ye of little experience.

Was the market an obvious long in January of 2018 at all-time highs? Sure! Then look what happened. Was the market an obvious long in September 2018 at all-time highs? Sure! Then look what happened.

Is the market an obvious long now in April 2019 at all-time highs?

Sure. Now watch what can happen.

Can it continue to do an early Jan 2018 thing and keep pushing new records? Well, yes! But this is not an obvious bull market now. I've learned (and it has been very expensive to do so), thus I'm treading carefully now. Walking on eggshells, pins-and-needles and whatnot.

Now that I have witnessed what the market CAN do in this new era, I may be better prepared for what it probably WILL do. Especially with the Trump v. Fed v. China v. Brexit v. Trump factor in play. The effects are getting more pronounced as this drama plays out.
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When a market is making all time highs, its telling you something. The two examples you gave are not sufficient to describe away the fact that we are in a long standing bull market.

The stuff i read in this thread is hilarious and entertaining, dont get me wrong but i would never put money down on the idiocy thats perpetuated here and i cant honestly believe anyone else actually does either.
 
Here's the deal.
This is so like musical chairs.
We will grind higher and higher. Slowly.
Buy the dip Monday... let the range play out everyday this week.
Scalp a few points.
B1 will proclaim the bear.
But up we go.
A few points at a time.
But it IS musical chairs.... because its all gonna be given back in a flash.
But none of us know when do we?

The music will stop.
Question is... who will be left without a chair?
Someone will.
Make sure its not you.
 
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