Gotta love ZERO RISK in the SP500 = $$$

no was not referring to you..but romik is conspicuous absent today...Rickshaw man maybe gets under his skin

but to be honest posters like Rickshaw man pulled me out of my perma bearishness in 2010 and saved me from losing out on a decade of earnings...but right now Rickshaw man is just a cartoon...we are so far away from any dangerous outcomes from being a bear its just silly...I just dont want to back myself into a corner on either side of trading any longer

ah, I see...well, I just left trading for a number of years when I realized the "reflation trade" was back on in 2009...I traded during that 2003-07 choppy uptrend and was burned out and then 2008 came and even though the markets collapsed it just left a bitter taste in my mouth knowing how "fake" everything had become in the years leading up to that...

but coming back to these markets in recent months I see a new bag of tricks and I'm adapting..smaller size, scaling in, spreading, etc...very defensive... (of course I came back for the exact thing I saw setting up prior to 8/24), but I couldn't hang on long enough to most of my bearish bets...that was a bitter pill to swallow.
 
Multiple hourly bar reversals...that last one was particularly devious...meanwhile mid-caps and small-caps weren't buying any of it, but they've also become the whipping boys of whatever their bigger brothers are doing lately...
 
I don't think the short term highs are in yet, but today was a total shit show.

Naz retraced from daily resistance zone, INDU smacked into 20MMA from below. Of course time will tell whether this will be the continuation of what started in August or higher.

Let me guess, Rickshaw wasn't here today?
 
watched cnbc for the first time in months today

one guy from fast money says "as soon as S&P held above 2020, i knew it would go to 2072" or something along those lines

guys like this that pull numbers out of their ass with no basis behind them really trigger me
 
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