I Have Not Been Able To Exclude The Possibility Of BLACK MONDAY 04/26

SPY Next Week

  • Bullish

    Votes: 55 55.0%

  • Flat

    Votes: 10 10.0%

  • Bearish

    Votes: 27 27.0%

  • I prefer not to say

    Votes: 8 8.0%
  • Total voters
    100
Quote from S2007S:

And just like that the small 200 point dip disappeared within 2 days.

Good to know the 0% interest rates are in place to keep the markets propped up!!!


:)


Sold my UYG too early at $72 this morning, thought there would be a little dip after the opening but instead they just jammed it higher.

:p
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2x levered long? that is my strategy!!!
:p
 
Quote from noddyboy:

You know this is a bull market not a bubble when there are zero thread titles that are bullish even as we make new highs.
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Completely disagree with you. This is about free money from Banana Ben. Once they remove it, the whole house of cards comes down. Which is why they'll either never remove it, or we'll exhaust ourselves first.
 
Quote from shortie:

what's the game plan for tomorrow? great GDP = sell the news, crappy GDP = sell the news? :)
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A feasible game plan:

Ask yourself, "If I shorted the market right here @ 1205.50 and placed a disaster stop, where would I place it?"

(Self: "Ummm....uhhh...1225.00!")

Now, buy the market right here @ 1205.50, no stop, profit target 1225.00 :D
 
Quote from NoDoji:

A feasible game plan:

Ask yourself, "If I shorted the market right here @ 1205.50 and placed a disaster stop, where would I place it?"

(Self: "Ummm....uhhh...1225.00!")

Now, buy the market right here @ 1205.50, no stop, profit target 1225.00 :D
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your strat is not without merit. it certainly has worked great so far. i must admit that i won't be surprised if we see new highs soon. the bull is amazing.

my working hypothesis is that the bounce in the last two days is due to high VIX spike on Tue. now that quite a bit of volatility has burnt out it may be easier to go down.
 
Quote from Ivanovich:

Completely disagree with you. This is about free money from Banana Ben. Once they remove it, the whole house of cards comes down. Which is why they'll either never remove it, or we'll exhaust ourselves first.
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I see bubbles in Chinese real estate or appl or bidu, but the broad s&p might correct but not crash (more than 50%)
 
It would be nice if we finished with a double top today. China will sell off Sunday evening. Then ...

"Sell in May and go away" might start on the first trading day. :D
 
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