New Highs!
The market has been infected with.... Ma ..... cho .... Mad ..... ness,... o ... yeah.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
New Highs!
The market has been infected with.... Ma ..... cho .... Mad ..... ness,... o ... yeah.
That V rally from that low a few days back was free money.
It may have been a V rally from a few days ago, in that short time-frame, but it is an extended checkmark from March 23 2020. This is a dangerous new pattern emerging.
These guys are dead the second the market dynamics shift towards selling.
The bigs have conditioned them well into buying any dip. Guess what happens when that stops working?
Mass confusion, disbelief and hundreds of thousands of blown accounts because market conditions are no longer easy.
Being rewarded for averaging down thinking you cant possibly lose only ends one way.
Has it ever happened before, post 2009?
Well it is EliteTrader not EliteInvestor.
Noone is debating the neverending march towards the upper right except the loonies - or the ones that know its coming but pretend they can time it.
So you are admitting that buying the dip has not failed since 2009.
New Highs!
The market has been infected with.... Ma ..... cho .... Mad ..... ness,... o ... yeah.
lol, I miss him.
He was the Kool-Aid guy to the tenth power.
What's there to admit?
If you have one eye that functions in your melon you can see stock market prices have gone up since 2009. What's your point?
I'm talking about these "traders" that go long only because they think every dip will be bought and they can't lose because the Fed has their back. So you see them post "Long XYZ price" and never short. Then if it goes against them 100 s&p handles you hear crickets until it comes back through their entry price. It's been happening in Buy1's ES thread for months now. These people are going to get taken to the cleaners when markets shift.
Doomed spawn of the mighty Rickshaw?
