I have today as a ST turn. The right side is short. I'm not talking about intraday. I'm talking about my (almost) always-in trades. I was a bit early in the AM and I may be a bit early still. From a cycle perspective, I had next Wednesday as the upcoming turn, so I'm cheating a little. I tell my mentee that as an expert I have earned the right to cheat. Cheating is a big edge. My mentee is in as of the RTH close. With a stop loss in place, of course.
Forever Bull Market
- Thread starter v-shape-0DTE
- Start date
Iwm is going to fall quite hard once that 10 yr starts to increase...
My favorite short though right now has to be the 3x etf NAIL. I'm going to jump on that soon. Totally overbought and the greed is absolutely disgusting in the homebuilders!!!
Everything is going parabolic. Some of the moves like in CAT, AVGO, even BAC. It's not even the Mag 7 or tech, it's everything! This is the true free money rally.
Look back at past times when stocks made these irradic moves and see what happened next. It never ends well. Yes it could go on for quite a bit of time but just sit tight and wait for the bottom to drop out because it will !!
It will happen when you least expect it.
My retirement account is literally handing me money every day, it's the highest it's ever been, do you think I believe this can be sustainable day after day, absolutely not. Try holding on as long as you can because the next drop.is going to be quite memorable!!!
coming up 300 point ripper from that live call
Should go up another 300 or so before a little pullback
Sounds great, I already have some short ideas....one of them being NAIL, hopefully they skyrocket it to 150 plus because I'm literally already to short that garbage.
i do'nt know what NAIL is but don't short the ym! lol.
buy pullbacks and buy breakouts! (same as es)
L es here
little dip worth grabbing
target 4815
little dip worth grabbing
target 4815