When you "sold off 3 shorts" does that mean you are going long? I thought you just bought DOWS or something.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
When you "sold off 3 shorts" does that mean you are going long? I thought you just bought DOWS or something.
The market must be happy now that Biden may run, they can't control Trump, that simply will not work for the elites.
I sold of SDOW SDS and ERY this morning
I just bought SDOW again around $25 after selling it at $28. I made a profit on it and decided since it was $3.00 off from where I sold it this morning I would buy it back around $25, only bought 1/2 position....with so much volatility this morning I don't know what the afternoon holds so after seeing it drop over 10% from where I sold it I thought let me jump back in....
I have been away from the forum for a while.
I just want to ask s2007s: is is the fall that you have been talking about? If so, you have seen it for the past days. It was like crazy... I haven't seen this happening for several years...since 2008...
But with FED, the market will never "really" drop...
Still excited about the market today... Actually it's a good day for both selling and buying...
I just want to ask s2007s: is is the fall that you have been talking about? If so, you have seen it for the past days. It was like crazy... I haven't seen this happening for several years...since 2008...
But with FED, the market will never "really" drop...
Still excited about the market today... Actually it's a good day for both selling and buying...
It does seem like we got the retrace up, and the upside momentum is fading soon.
Oil not recovering that much. I would sell the rally's in stocks. We are entering a bear market, everything is lining up, don't be fooled by these snap back rally's.
Look at this monthly chart, it puts things in perspective as to how far we have climbed, near vertical for 5 years. I think a correction to 1500 is doable over the next 24 months.
Look at this monthly chart, it puts things in perspective as to how far we have climbed, near vertical for 5 years. I think a correction to 1500 is doable over the next 24 months.
Attachments
It's easy to forget just how chaotic market crashes really are...And the snapback rallies can run forever since the entire market becomes a vacuum in both directions...
Nasdaq 100 is still the crack whore of the market...Looking at the daily chart is almost comical...Squeeze of death in mid-July followed by a plunge to the depths of hell...It's shameful really.
Is this the fall? It is, but it isnt, as I said many moons ago, don't worry about missing the rally because you will be able to buy markets at even lower lows, I also said that it was a fed fueled rally and that without the fed and their QE 1, QE 2, and QE 3 the markets would be 50% lower than where they are today, the dow would have never traded back above 10,000 if it weren't for the fed and their trillions of dollars..... my prediction of October 2014 lows came true as I said this above DOW 18,000, Is this fall over, NO, its just beginning, will their be huge relief rallies convincing most investors the fall is over, YES, but take those opportunities to sell. As I have said over and over the fed is clueless, they have no idea whats coming and have no way out of the next collapse, they used every tool in their work box and pulled out every magic trick possible, all it did was create an illusion of a turn around, it created nothing but more problems and those problems will soon materialize as we progress further into the downturn of this economic cycle. Growth is done for the US and the rest of the world, all thats left are the central banks and the printing press to make you believe there is growth in this world, there isnt. And you will notice slowly all countries and economies going into a downturn thats going to last a long long time....SO this is somewhat of the downturn I predicted, but the next downturn is actually going to be a crisis far worse than the 2008 crisis, like I said the 2008 crisis will look like it never even happened.