Gotta love ZERO RISK in the SP500 = $$$

[Aileron]

Anything less than 20% is not a "correction." Fifteen percent would be the very far outer limits of what would be allowed. But that's no correction. And it's certainly no crash.

My guess is that we'll have a very hard time dropping below ES 1850.

Ever.

God in heaven.

You get decades into this career, and it's just ... fun, watching the same thing happen

Over

and over

and over and over

and over and over and over

and over and over and over and over again

For a fresher for those of you folks that are new (under 15 years) to the markets

10% is a correction. That's standard textbook definition of a correction. Learn it please.

15% is a severe correction

20% in under 3 day time frame is a crash

35% in any time frame is a bear market.

 

[Maverick74]

A 5% dip is a remote possibility. A major correction, on the other hand, is out-of-the-question. It simply will not be permitted.

Understand: Markets are now instruments of policy, not price discovery. Which means there will never be another major bear market, not to mention another crash. Won't happen so long as central banks remain at the controls.

And if, for some reason, they lose control, it is likely that there will be no more markets.

New Paradigm, friends. Stop fighting the power and deal with it.

God Damn how many aliases are talking to each other on this thread. Not one of these fake aliases even trades and most are perma-bears.

I honestly don't even understand this bullshit argument. Our markets are actually lagging most markets around the world. We are under performing. Since 1998 the markets are up a grand total of 27% over a 16 year period. Yeah time to be bearish. Good Lord.

 

[tortoise]

God Damn how many aliases are talking to each other on this thread. Not one of these fake aliases even trades and most are perma-bears.

I honestly don't even understand this bullshit argument. Our markets are actually lagging most markets around the world. We are under performing. Since 1998 the markets are up a grand total of 27% over a 16 year period. Yeah time to be bearish. Good Lord.

I suppose this was not intended as a response so much as a rant .Fair enough. In any event, nothing you've said here is inconsistent with anything I've said. Markets may be lagging, but that doesn't necessarily mean we're looking at the precursor to a bear market. I'll state it again: Markets are now tools public policy, not price discovery. They will not be permitted to drop in any meaningful way until and unless such a drop is consistent with a policy objective or those policy makers have lost control altogether, in which case the entire system will have fallen apart.

 

[tortoise]

God in heaven.

You get decades into this career, and it's just ... fun, watching the same thing happen

Over

and over

and over and over

and over and over and over

and over and over and over and over again

For a fresher for those of you folks that are new (under 15 years) to the markets

10% is a correction. That's standard textbook definition of a correction. Learn it please.

15% is a severe correction

20% in under 3 day time frame is a crash

35% in any time frame is a bear market.

You see what over and over? People not getting your arbitrary definitions of meaningless terms?

 

[newwurldmn]

God Damn how many aliases are talking to each other on this thread. Not one of these fake aliases even trades and most are perma-bears.

I honestly don't even understand this bullshit argument. Our markets are actually lagging most markets around the world. We are under performing. Since 1998 the markets are up a grand total of 27% over a 16 year period. Yeah time to be bearish. Good Lord.

But the markets are up 3x from the retarded low of 666: A price which forecasted the bankruptcy of 40percent of the high yield index!

 

[Aileron]

You see what over and over? People not getting your arbitrary definitions of meaningless terms?

Yeah, arbitrary.

Me.

Of all people.

: rolls eyes :

When I see comments that 5% is a correction, as the professional, I'll correct it with professional terminology rather than some retail guy in Bucklekneee end of nowhere.

You retail folks are a hoot. Here's a revolutionary concept for those that see this "policy market" bologna.

How about ...

You go long when the market is going up. Like now.

You go short when the market is going down. Whenever that happens.

And leave all the Bullcrap about policy, and evil boogymen that won't "allow" the market to go down-behind-the-scenes to the 11 year olds that are entertained by that crap.

Maybe when people start acting like professionals, others will take them as such

 

[tortoise]

Yeah, arbitrary.

Me.

Of all people.

: rolls eyes :

When I see comments that 5% is a correction, as the professional, I'll correct it with professional terminology rather than some retail guy in Bucklekneee end of nowhere.

You retail folks are a hoot. Here's a revolutionary concept for those that see this "policy market" bologna.

How about ...

You go long when the market is going up. Like now.

You go short when the market is going down. Whenever that happens.

And leave all the Bullcrap about policy, and evil boogymen that won't "allow" the market to go down-behind-the-scenes to the 11 year olds that are entertained by that crap.

Maybe when people start acting like professionals, others will take them as such

Who said 5% is a "correction"? Beyond that, who cares?

Do you trade off vocabulary word flashcards?

 

[Aileron]

Who said 5% is a "correction"?

I'll ignore the argumentum ad hominem, since that's something children engage in and wouldn't befit my station (May want to Google-fu who you're dealing with)

To catch you up with ... yourself I guess ...

<snip>Anything less than 20% is not a "correction." </snip>

<snip>For a fresher for those of you folks that are new (under 15 years) to the markets

10% is a correction. That's standard textbook definition of a correction. Learn it please.

15% is a severe correction

20% in under 3 day time frame is a crash</snip>

 

[tortoise]

I'll ignore the argumentum ad hominem, since that's something children engage in and wouldn't befit my station (May want to Google-fu who you're dealing with)

To catch you up with ... yourself I guess ...

For all you know, I'm your boss.

 

[Aileron]

Google-fu for the win son.

It'd be a sorry day if I even had a boss ...