ES Journal - 2019/2020

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vanzandt said:
......?
What happened?
Zero posts from 1:30 EST on a Friday thru Sunday?
Ya'll go bust?

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Probably still trying to pick jaws up off floor from Friday's move.

How we feeling bout that VeeZee top? This thing looks like it wants to go straight back to ATH... Then again - most fresh headlines / sentiment / etc. are going bullish. Sounds like a good time for the bigs to rug pull.

Might not see real weakness until election time and that's only if Biden manages to pull the upset.
 
Relentless said:
Probably still trying to pick jaws up off floor from Friday's move.

How we feeling bout that VeeZee top? This thing looks like it wants to go straight back to ATH... Then again - most fresh headlines / sentiment / etc. are going bullish. Sounds like a good time for the bigs to rug pull.

Might not see real weakness until election time and that's only if Biden manages to pull the upset.
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The top will hold I think. Biden won't be an upset... as things stand now, he's a given. I just don't see the type of economic growth going forward that these levels represent. I could be wrong though. More than likely not however. Even without Covid we were at the tippy top of market exuberance. That said, we're still the only game in town. And with THAT said... water always seeks its level.
....As do the markets.
 
Its sounds crazy but this feels like the blowoff top everyone the last 5 yrs was looking for to end the greatest bull of all time . This is the most bullish i've seen everyone i talk to since 1999. People everywhere going wild chasing $1 to $1000 stocks . Its free money for all . The gov't is raining money on all. I know 5 people getting $1000 a week unemployment and they refuse to get back to work till they suck it dry.We've become a nation of entitlement now .
 
Gaslight Capital said:
Trump is doing everything he can to avoid another four years. The best thing he'll ever do for the country is lose and get the f* out of town. Trump winning would be the upset.
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It would appear that is in fact the case.
We are in 2020 though. The way things are going.... giant meteors and/or CA falling into the sea via "the big one".... aren't out of the question.

This run at the tops is a pure short squeeze.
No way with this level of uncertainty about future events we go much higher. Famous last words I know... but in the end, they'll be right. Its all a game. Computers, money, and math. We're only along for the ride.
 
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