LMAO. Did you already forget? Just 20 months ago, we were in a nasty bear market. Anyway, I see no point in pursuing this matter any further. So, good luck to you and happy trading!
Forever Bull Market
- Thread starter v-shape-0DTE
- Start date
Whatever. Enjoy seeing new ATH very soon. I don't care what it did 20 months ago. There's not a single dip that doesn't immediately get bought back up so there will never be another drop because it will never be allowed to. I don't care if you respond or not. This is the way of this new 0DTE controlled market. Choppy and then it pumps like crazy. It can rip for days, but every single dip is getting immediately bought and there's no downside other than a few odd days, but they just lead to a V.
I saw some chart you posted about a drop that isn't happening. It has no choice, but to eventually break out of this range, by pumping to new ATHs.
No bro, it's all in your head. They had 0DTE on SPX options going all the way back to 2016. Yeah, when you were still in your crib.
This is how it supposed to go in a BUBBLE MARKET. Obviously, you've never seen the Nasdaq bubble in the late 90s. It went on for more than 3 years. Up, up, up. But guess what happened?? When people like you just couldn't shut up about how strong the market it, it came to a screeching halt.
Stop being so damn naive. The bear market will come this time as well. Not saying it will happen today, tomorrow, or even next week or next month. But it will come.
Again we've never had this type of price action before, where the drop comes with the automatic V. There is literally a V coming with every drop. Usually it's pretty instant, but sometimes it's the next day or 2. I fail to see how this ever changes.
This week inflation report Wednesday- Big gap down and then huge V yesterday. Today miss from JPM, but the market will struggle to close below the open and if you watch the tape every attempt to drop the market is instantly met with a V.
If the market were normal. QQQ would fade the entire pump from yesterday, but it won't. That's the point. It's near impossible for this to gain any traction to the downside and before you know it you are always at new ATH. Everything is being fought. Market hasn't been down in forever other than a random hour or 2 that just leads to a massive V like we saw last week.
This week inflation report Wednesday- Big gap down and then huge V yesterday. Today miss from JPM, but the market will struggle to close below the open and if you watch the tape every attempt to drop the market is instantly met with a V.
If the market were normal. QQQ would fade the entire pump from yesterday, but it won't. That's the point. It's near impossible for this to gain any traction to the downside and before you know it you are always at new ATH. Everything is being fought. Market hasn't been down in forever other than a random hour or 2 that just leads to a massive V like we saw last week.
When and where do we buy?
Everyone enjoying the ride
Where are those buyers???
Hilarious...yesterday caught everyone off guard!!
If you are wishing for rate cuts to help bounce the market higher you'll need at least a 15-20% sell off on the s&p to have the fed come and do some emergency rate cuts! Until then enjoy the sell off and 5 % interest rates
Where are those buyers???
Hilarious...yesterday caught everyone off guard!!
If you are wishing for rate cuts to help bounce the market higher you'll need at least a 15-20% sell off on the s&p to have the fed come and do some emergency rate cuts! Until then enjoy the sell off and 5 % interest rates
Well, lol.... that's not true at all. I've see plenty of extended time frames where every dip was bought, as I'm sure many here have. Schizo included.
History is on your side, pull up a 30 chart of the S&P, but to think a 5%-8% pullback couldn't come at anytime is a tad naive V-Man.
Just what friggin' V reversal do you see in this chart (inside the rectangle)? If you look closely, this market is actually SELLING OFF EVERY RALLY. You're the only one who can't see this. Ggrrr....
In fact, we've finally touched the EMA(50) today, something that we haven't seen since the last BEAR MARKET!!
Just to make things a bit more wild and interesting...
When the SPY sells off 20% putting it in a bear market at just above 400, it will only have gone back to October 2023 lows....that is just absolutely mind boggling. A 20% drop only brings the spy to October lows!!!!!!!!!!!
If that causes any panic then imagine a drop to 3500 on the s&p. Im sure some would say it's not possible anytime in our lifetimes.....
When the SPY sells off 20% putting it in a bear market at just above 400, it will only have gone back to October 2023 lows....that is just absolutely mind boggling. A 20% drop only brings the spy to October lows!!!!!!!!!!!
If that causes any panic then imagine a drop to 3500 on the s&p. Im sure some would say it's not possible anytime in our lifetimes.....
It's the symptom of the age that we live in. People's pain tolerance is soooooo low, any discomfort automatically triggers a hysteria. They want a government bailout for everything now.