ES Journal - 2023/2024

v-shape-0DTE said:
...but a violent selloff like this is not sustainable. The hungry dip buyers will look for bargains soon. I just hope you are ready for a violent rally at some point this week.
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It's obvious you've never seen a proper bear market. There is no bargain to speak of in a bear market. Those violent short covering rallies are only a dead cat bounce that ultimately leads to a further drop later.

That's not to say that we're in a full-fledged bear market. It's even entirely possible that we could reverse and go straight back up with FOMC interest policy reversal.

But do pay attention once in a while to those who have been around a lot longer than you. If you don't watch your ass, you could lose everything in a bear market. Enough said. No more from me on this topic.
 
schizo said:
It's obvious you've never seen a proper bear market. There is no bargain to speak of in a bear market. Those violent short covering rallies are only a dead cat bounce that ultimately leads to a further drop later.

That's not to say that we're in a full-fledged bear market. It's even entirely possible that we could reverse and go straight back up with FOMC interest policy reversal.

But do pay attention once in a while to those who have been around a lot longer than you. If you don't watch your ass, you could lose everything in a bear market. Enough said. No more from me on this topic.
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The economy's on fire. Those job numbers were bs. Don't let the whales play you.
 
vanzandt said:
The economy's on fire. Those job numbers were bs. Don't let the whales play you.
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As they say, talk is cheap(er). :D

BTW do you really think this is about job numbers? No bro, this is more about the wall street out to twist the FOMC's arms.
 
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