Is this the most volatile market ever? I think so.

[ET180]

You must not have been trading in 2008 then

Or 1987

 

[Overnight]

This is nothing compared to 99 08 etc, so easy.

Fwiw I sold most of my TVIX SQQQ UVXY into the close today, up $1400.

Because it's been up down every day this week and I wouldn't be surprised to see a gap up day Friday.... then red monday.

Big picture this market is going to sell off significantly imho and easily lose last December lows. I will continue trading in and out of SQQQ UVXY TVIX to extract as much profit as possible.

The trick is navigating ups and downs with position sizing.

So basically you think this will be a ranging market like we had in Aug last year, the month that went nowhere, but with a much wider range? Hell, why not. The Fed really blew their load the other day with that 50 bp emergency cut. Seemed premature. And I cannot fathom April earnings helping much.

 

[Turveyd]

So basically you think this will be a ranging market like we had in Aug last year, the month that went nowhere, but with a much wider range? Hell, why not. The Fed really blew their load the other day with that 50 bp emergency cut. Seemed premature. And I cannot fathom April earnings helping much.

I'd say YM will be sub 20K by the end of the month.

Eventually the numbers affected will get so big it won't matter, 1 person dies that's a tragedy, 1Mil die that's a statistic and nobody will care.

 

[SanMiguel]

I agree maddest market conditions I've ever seen, not been that bad this week or I've gotten used to it not sure which, last week WTF!!

Seems great to me. Straight down, straight up, straight down. Volatile but trending.

 

[rb7]

Just a great time to open you wallet and collect some dough.

 

[Overnight]

I'd say YM will be sub 20K by the end of the month.

Eventually the numbers affected will get so big it won't matter, 1 person dies that's a tragedy, 1Mil die that's a statistic and nobody will care.

So you're looking at a +30% drop from 2 weeks ago into end of March. 6 weeks. Ouch, that's harsh.

 

[tiddlywinks]

I'd say YM will be sub 20K by the end of the month.

This sounds like an echo of the last 10 years of the most hated bull market in history.

Same song being sung no matter what the market does, therefore nothing is different.

That said, my psychic cat says 22K dow before ATHs, again!
22K Dow plus or minus 2%, closer to May... not by the end of this month.

 

[qwerty11]

• Up 3%
• Down 3%
• Repeat

• Since 1999 I don't think the markets have been so volatile.
• I don't think 2000 or 2008 was like this for so long.

In 2008 we had 8% up and down days........

 

[Clubber Lang]

This is a joke compared to 2008
You had major companies going BK almost every day for months.

And it was much much more orderly selling. Today so many algo whipsaws to run stops/shakeout.

still good trading but 2008 was obscene opportunity

 

[ironchef]

Yes, that was real panic the most I’ve personally witnessed.

I survived because I froze, like a deer in the headlight couldn't act, couldn't even bring myself to look at the statements, put my head in the sand.