Is it dumb money leaving the market?

[TommyR]

not my favourite pharma company by the way since you ask: that would be shire.

 

[S2007S]

folks if you are bearish now you gonna look really foolish when my boys take the shares to new highs on the next earning season.... the shares they been picking up from knocking out them stop orders.

then you gonna lose all the street credit and have to come back with a new ID and shit..... don't do it.

Next earnings season?

Msft just warned tonight....

With china shut down earnings expectations are going to drop like a fu#king rock.

China is the world. Without them all economies are worthless. Remember that

Extreme selling once s$p drops below 3000.

 

[RRY16]

folks if you are bearish now you gonna look really foolish when my boys take the shares to new highs on the next earning season.... the shares they been picking up from knocking out them stop orders.

then you gonna lose all the street credit and have to come back with a new ID and shit..... don't do it.

How’s your street credit in Trenton? you still able to pick up a dime-bag on layaway?

 

[The Humble Bunch]

If you consider Jeff Bezos dumb.....he sold all his spx shares before the market tumbled. Yet again, the top 1% lost over 140 Billion on monday.

 

[gaussian]

smart money is running, dumb money bottomfishing.. look at high volume in bear etfs i trade like SQQQ TVIX SOXS etc... mkt will continue down imho

Smartest money is saying "I have 30 years to retire, I'll just weather this storm and buy when the market makes sense again".

 

[nooby_mcnoob]

Looking at some charts and spreadsheets today, I've noticed that ETF's are leading the way in above average volume. Many are 2-5 times their average 50 day volume while most stocks are hardly hitting 2x their average.

I would think with redemption that this would trickle down into individual stocks but doesn't look like it.

Just an observation. Dumb money's running and smart money's picking up the deals?

Fear/greed index:

Huge proportion of accounts are long relative to short (purplish line)

 

[Sekiyo]

IQ rating of 100 is exactly equal to average. Only an idiot doesn't understand the quotient.

I would even go further:
Only an idiot can believe in IQ

 

[d08]

smart money is running, dumb money bottomfishing.. look at high volume in bear etfs i trade like SQQQ TVIX SOXS etc... mkt will continue down imho

Bottomfishing can be very rewarding when done right.
SQQQ volume is completely irrelevant. Volume increases with volatility, so what? Volume is also up about the same amount in bull ETFs.

 

[d08]

I would even go further:
Only an idiot can believe in IQ

IQ is the only measurement that is a reliable measurement of intelligence. It predicts the long-term success of countries extremely well.

 

[Handle123]

I been shorting Index futures/hedged for past few years, and when that signal happens, long stocks get hedged by futures/hedged to secure open profits, take profit on 10% of short Long term future Indexes and rest go to better than breakeven PS. If a charting pattern happens to offer buys, reverse on stock hedges/and buy/hedge them but keep Long term Index futures shorts(different account).

Does my opinion factor into systems traded, heck no, it automated mostly, and most days have no clue what the symbols did. Life just seems so much less stressful having no opinion. If I had to guess how much longer, continued down move into next week, PE's way too high, good correction, maybe 2850-2800 area, but huge guess. And to me, my opinions are the worst.