Like i said the rally has been much much more amazing than the decline was

SunTrader said:
SPX decline took all of 17 days. Rally has (to date) taken 44 and still not above ATH's.

And most would say SPX has been range bound / sideways for at least a month now.
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Corrections/crashes over 10% practically always happen much faster than recoveries. It took almost 2 years to recover from the 1987 crash, and that happened for no real reason (other than maybe program trading). This recovery is happening much faster than the late 80s bounce--which happened with no coronavirus and a robust economy. Or look at Dot-Com (took 7 years to reach ATHs again), 2008-9 (almost 6 years) and corrections in 2011, 2015-16, 2018, etc. (1-2 month corrections took 6-12 months to recover...and those were much more shallow than this one).

This is Trading 101 stuff everyone should know but many here are still in pre-K.
 
MKTrader said:
Corrections/crashes over 10% practically always happen much faster than recoveries. It took almost 2 years to recover from the 1987 crash, and that happened for no real reason (other than maybe program trading). This recovery is happening much faster than the late 80s bounce--which happened with no coronavirus and a robust economy. Or look at Dot-Com (took 7 years to reach ATHs again), 2008-9 (almost 6 years) and corrections in 2011, 2015-16, 2018, etc. (1-2 month corrections took 6-12 months to recover...and those were much more shallow than this one).

This is Trading 101 stuff everyone should know but many here are still in pre-K.
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All good until the last sentence. Then you f**cked it up.
 
KCalhoun said:
Trading TVIX SQQQ SDOW SOXS, etc today-- go bears!
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I’m trading with tjx,m, kss, ccl and don’t complain. Btw if Trump comes with political penalties will be different picture. However I guess, you on right site for two followings days (red?).
I sold ccl, kss, . Have tjx, m. Will trade. Will see inverses after market or tomorrow before.
 
1957may10 said:
I’m trading with tjx,m, kss, ccl and don’t complain. Btw if Trump comes with political penalties will be different picture. However I guess, you on right site for two followings days (red?).
I sold ccl, kss, . Have tjx, m. Will trade. Will see inverses after market or tomorrow before.
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I'd covered CCL LK SAVE UAL plus inverses in my chatroom today, good volatility

China trade war likely why semis down, biotech also weak so I bought SOXS LABD
 
KCalhoun said:
I'd covered CCL LK SAVE UAL plus inverses in my chatroom today, good volatility

China trade war likely why semis down, biotech also weak so I bought SOXS LABD
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In my opinion, Trump will make “strong” statements but will avoid trade wars in weak economy state. He is smart enough don’t kill economy completely that is his most argument to win.
 
ElCubano said:
All good until the last sentence. Then you f**cked it up.
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Nah, the person I was replying to was a know-it-all who knows next to nothing...lots of them around here and I don't mind exposing them. The betas can play "nice" but I'm beyond that.
 
MKTrader said:
Corrections/crashes over 10% practically always happen much faster than recoveries. It took almost 2 years to recover from the 1987 crash, and that happened for no real reason (other than maybe program trading). This recovery is happening much faster than the late 80s bounce--which happened with no coronavirus and a robust economy. Or look at Dot-Com (took 7 years to reach ATHs again), 2008-9 (almost 6 years) and corrections in 2011, 2015-16, 2018, etc. (1-2 month corrections took 6-12 months to recover...and those were much more shallow than this one).

This is Trading 101 stuff everyone should know but many here are still in pre-K.
More...


Dude, I have bigger single day PNLs than you make in five years. WTF are you to talk?
 
I am long and strong the S&P 500 Index, buying it up alllll the way down and alllll the way up and holding long. Easy money too.

I wanna send this song out to S&P 500 Index for doing a great job. Shake that ass.


Thank you my good buddy Donald Trump, my main man Obama, Joe Biden, ohhh and can't forget my boy George Bush, CNBC news, that doctor I be seeing on yahoo all the time talking about some virus deal, all the political people, can't forget facebook for creating the fear, a job, hmmmmmmm just wanna thank everybody. Thank you USA, wonderful time to be alive. oohohhhhh Thank you Feds and whatever yall doing behind the doors, I do not need to know and understand the details, just make it go up baby.

An extra thanks to buddy Donald Trump. Keep making that baby go up. I got your back.
 
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