I cringe to think how many shorts are stuck from the past 4 weeks.

[ironchef]

One reason I believe this rally could keep going is because ZERO of the people I follow on Twitter believe it is real....literally not one person believes this can keep going. Ackman and Howard Marks are the only high profile fund managers who I have heard who believe stocks are good buy right now.

Gundlach, Munger, Buffett, Icahn, Tepper, Larry Fink, Jamie Dimon, etc have been very pessimistic about things lately.

The only one who believed it is real is @dozu888.

 

[padutrader]

I'll say it again; Berkshire Hathaway lost quite a bit of luster with institutional investors - he sat on his mountain of cash for five of the best years in stock market history. They have definitely lost some cred.

he is not perfect
but that does not mean he is an idiot.
did he get 100 billion from the government?

 

[S2007S]

The small caps are up 5%
Russ 2000 at 1363

Incredible!

 

[Snuskpelle]

The only one who believed it is real is @dozu888.

Yepp props to Dozu888. Permabullishness pays off in this market. I exited my shorts today so logically it should turn around and drop now.

 

[hafez50]

And that's where they will be proven long. That 30% drop was nothing compared to what it should have been. The fed backstopped the markets once again. In reality the markets should be down 70% or more from the top. So thank the fed once again for creating another artificial rally.

What happens now is that the markets start from a bottom that wasn't authentic, it was stopped by the fed so the next rally will be extended further beyond anyone's imagination .

Same goes for prices of goods and services, housing etc. Real price is never met with what it should be since everything is literally propped up by the fucking trillions the fed keeps printing.

Bingo . Being down 35% after an 11 yr bull is nothing. We should have been down 70% to 1200 like you said . Being are wrongly looking at the drop off the highs which was a crazy mania 11 yr high

 

[bone]

1. Every Berkshire Hathaway Company that is eligible for federal funds will apply for them. To think otherwise would be naive.

2. Berkshire Hathaway successfully killed off pipeline construction using their political connections with the Obama administration so that BNSF Railway could continue to monopolize regional rail tanker car transportation for oil and LNG. Rail car tanker transportation is inherently NOT safer or more ecologically friendly than pipeline transportation.

Point being - Berkshire Hathaway benefits tremendously from the government.

he is not perfect
but that does not mean he is an idiot.
did he get 100 billion from the government?

 

[Statistical Trader]

This market made me drop my shorts and I'm trying not to get screwed!

Seriously, though, I was whipped right around 2500 like OP said. I've been long for a few weeks because I obey my models, but I'm not feeling very comfortable. Regardless, I trade models, not emotions.

 

[Nine_Ender]

Again you can only say that AFTER the fact.

Go back to mid March when the markets were collapsing, no one wanted apple at 275, 270, 268, 264, 258, 255, 253 but wow are they buying it up at 285

I would say 97% of people think March 23rd was the low. The low for how long??? A few months, a year or two, or forever, 99.8% would say forever!

Actually, I did pull the trigger at the recent lows, so it wasn't impossible to read the signs that the market was turning.

 

[Clubber Lang]

Actually, I did pull the trigger at the recent lows, so it wasn't impossible to read the signs that the market was turning.

Post a screenshot of your entries otherwise you are full of shit
Also, many people bought near the lows (I had SPY at 221). HOLDING IT was the hard part (I sold 240’s unfortunately)

 

[systematictrader]

This week I sold DPST at 62, its at nearly 90+ in 2 days.

I sold some MIDU around 15.75 and more at 16.75, today nearly 18.50!!

This cannot continue

Markets are more overvalued today than they were February at historical highs.

You miss the point that the fed and treasury committed a third of the GDP, so yes, its as the crisis never happened because they will make it up, takes time, but will do so, Mario Draghi developed this play book back in 2012 when he said will do "whatever it takes" now the fed is using the same book