Gotta love ZERO RISK in the SP500 = $$$

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I commend you...This thing has taken out too many layers of resistance...albeit its far too vertical, but that just attracts levels upon levels of shorts until this thing exhausts itself...markets feel too illiquid, just too easy to push around these days...very different from when I started...


yea a move like we had the last week would take months to gain, like I said this is not a market that it once used to be....it has taken out plenty of resistance thats why Im finding it harder to trade this last week, I have been putting on many energy shorts the last week, most of them are totally red now, especially my buy in ERY, ouch, Im down pretty heavy on that but holding out, I know energy moves quick however I will continue to add shorts on a week to week basis waiting patiently again for the markets to break however with this momentum building it seems like it doesnt want to move lower and most are saying that the august 24th lows will be it, so now we have that to contend to that were now going higher and will probably reach new heights sometime in November if these rallies keep continuing. Im not going to fall for it though, nothing has changed in the last few weeks.....the fed is still shouting worthless commentary on where rates are going but we all know rates are going no where, if the fed wanted to raise rates they should have done so by now!!!
 
You'd think given your UWTI experience you'd better understand why averaging down on your biggest losers is a foolish technique. "Cost average" is irrelevant, every new buy has to be evaluated as a separate trade, and simply buying more doesn't make you better off.

nothing wrong with averaging in....as long as there is risk control on the whole position.
 
Don't forget the dow ran up 1000 points in a week, so if it pulls back 200-300 points I hope the bulls don't go whining like little bitches again!

You keep saying stuff like this but the only meaningful whining I've seen for years are perma bears like you getting frustrated with markets. The conspiracy theories and doom and gloom crowd have been so out of touch it's funny. It won't be long before we get the old Fed controls the market, money printing, and "nothing is real" posts from you and others. It is extremely rare to ever see a long investor on here say much of anything that is the remote bit negative.
What we do get is you posting this shit a lot.
 
You keep saying stuff like this but the only meaningful whining I've seen for years are perma bears like you getting frustrated with markets. The conspiracy theories and doom and gloom crowd have been so out of touch it's funny. It won't be long before we get the old Fed controls the market, money printing, and "nothing is real" posts from you and others. It is extremely rare to ever see a long investor on here say much of anything that is the remote bit negative.
What we do get is you posting this shit a lot.

I may not agree with the way S2k trades but I think he is right about the market and the fed, anyone who thinks the SPX is at 2k today on its own merit is delusional.
 
You keep saying stuff like this but the only meaningful whining I've seen for years are perma bears like you getting frustrated with markets. The conspiracy theories and doom and gloom crowd have been so out of touch it's funny. It won't be long before we get the old Fed controls the market, money printing, and "nothing is real" posts from you and others. It is extremely rare to ever see a long investor on here say much of anything that is the remote bit negative.
What we do get is you posting this shit a lot.

Does his shorting the market somehow negatively affect your psyche?
 
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