Gotta love ZERO RISK in the SP500 = $$$

[jasonc]

Woo! Big biunce in Nasdaq! Closed out the averaging down positions so now long just 100% on this trade. Even long only with averaging down I am up 2% over last two weeks due to averaging down and then catching the violent bounce back. Dow could push over 26K today and wouldn't be surprised.

One side note is working with a lot of advisors and yesterday and day before everyone saw this as merely another chance to buy and take on more risk. Anecdotal but everyone I talk to continues to be bullish on these pull backs

 

[Rickshaw Man]

The Gap Band was playing all night. The magic overnight rally, SPY showing almost complete recovery from yesterdays fall.

 

[Rickshaw Man]

Wow everyday Trump or His Treasury Secretary, is out jaw boning the markets. Trumps using the Elon Musk strategy.

 

[Covertibility]

Seems like someone last night went into the light and found Carol Ann. Now does the poltergeist retaliate next week or what?

 

[Rickshaw Man]

After the cash open not one tick higher, selling it down right now. I wonder if Mr I can't stop talking president will try more jaw boning, or.......BREAKING NEWS!!!! TRUMP AGREES TO MEET WITH CHINA......Then later on he says.....Just kidding.

 

[Rickshaw Man]

So much for that rally. I remember seeing this action in February, my thoughts where this bull market is over. As it turned out is was not....

 

[Rickshaw Man]

I'm watching 2600 on ES. That's the line in the sand.

 

[Rickshaw Man]

I spy an inverse head and shoulder

 

[jasonc]

As soon as DOW hit 25K everyone bought, bias is still long if you can get the major indices on any of these pull backs.

 

[Rickshaw Man]

Ah look how nice that worked.