ES Journal - 2019/2020

[speedo]

What we have here is a lack of inertia.

 

[NQurious]

Staying long in this huge bull market.

Gartman should be announcing he is long very, very soon.

 

[Buy1Sell2]

Gartman should be announcing he is long very, very soon.

You're a fool of monumental proportions. It's ok for you to post here, but your kneejerk responses need vetting.

 

[speedo]

No one wants to be a fool of minuscule proportions.

 

[schizo]

Short 84.50

ST 86.50
PT 75-ish

 

[speedo]

Measured move takes it to 89ish

 

[Buy1Sell2]

Massive long here-------Staying long.

 

[schizo]

Short 86.75

 

[NQurious]

You're a fool of monumental proportions.

Thank you. Thank you very much. Now if I could only be fool enough to follow your logic ...

 

[Laissez Faire]

2017 was a very unusual period with forward guidance giving higher profits each quarter and virtually no market volatility, such markets cannot be compared to markets within slowing growth...they are unique.

Maybe it was. Maybe not.

I didn't say we would get a repeat of 2017 either - I just illustrated that making new ATHs does not by default mean a pullback is due.

The sad fact is that volatility IS shrinking. And the VIX is heading ever lower...

I do hope you're right and that we'll see a sell-off soon with increased volatility. I'll be prepared if it happens, but not holding my breath yet.