Im all in on the market...

J

johnedit

The market keeps going up and will not stop. I am all in on the market as it makes its second push. There is no limit of money that Bernanke is willing to print.
 
You may want to wait until after normal govt activity resumes and there isn't hysteria regarding default.
 
this thread was posted on 5th (Saturday).

Assuming OP went "all in" on 4th market close, he would have bought ES at a price of roughly 1685.

Currently ES is 1650 = 35 points = 1750$ DD per contract.

Another illustration that only amateurs start threads like this and go all-in :)

ET at times can be a great FADE :D
 
I hope you were shorting or using puts for your all in...

I had a great day and red is quickly becoming my favorite color when it makes my bottom line turn green.
 
Classic top of the market thinking. It's different this time because there is one overriding factor making all others irrelevant, i.e. Fed money printing.

Remember, back in 2000 that one special factor was the internet. In 2007 it was "they're not making land anymore, so real estate can only go up".

It always feels nicer and warmer to follow the herd rather than think for yourself.
 
These herds have seen it before but they run toward danger.

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Quote from Ash1972:

Classic top of the market thinking. It's different this time because there is one overriding factor making all others irrelevant, i.e. Fed money printing.

Remember, back in 2000 that one special factor was the internet. In 2007 it was "they're not making land anymore, so real estate can only go up".

It always feels nicer and warmer to follow the herd rather than think for yourself.
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