Low for 2022 is in....

[Rickshaw Man]

This has been a nice rally, historically bear mkts have 10-16 rallies that avg 22.8% preceding new lows. When your'e in a big rally new lows are hard to imagine.

I could care less what direction we go in, just as long as it does not flat line for months on end.
Check out this NetVidia chart -rallies of 43% & 33% & still it made much lower lows.


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Midterms are approaching. That's most likely why we are rallying. The party currently in power control everything.

 

[Rickshaw Man]

I’m calling end of this rally to suck in FOMOs.

Right! So are you cashing out your longs? Let me guess you're going to short? Please be more specific.

 

[Master Pu]

Right! So are you cashing out your longs? Let me guess you're going to short? Please be more specific.

Mate, I’m short already and in a substantial drawdown.

 

[easymon1]

Just sitting here watching the indexes rise and rise.

Watching or profiting?

 

[Overnight]

Watching or profiting?

He's been profiting. But after peeling off some profits in his first bull tranche, he's now adding a little as the dips occur. He added one to the YM. I wish he would peel off some more. Would make us all feel good to see him bag more cash. Assuming it is real money, of course.

 

[zghorner]

He's been profiting. But after peeling off some profits in his first bull tranche, he's now adding a little as the dips occur. He added one to the YM. I wish he would peel off some more. Would make us all feel good to see him bag more cash. Assuming it is real money, of course.

 

[Overnight]

It is an ironical quote considering how Livermore met his end.

But is a hell of a quote.

 

[zghorner]

It is an ironical quote considering how Livermore met his end.

But is a hell of a quote.

Not hugely ironic considering he did make big money multiple times...he just didn't keep it lol. It broke my heart when I read about his end...the first chapter of the biography "boy plunger" is precisely that and it was crushing.

 

[easymon1]

He's been profiting. But after peeling off some profits in his first bull tranche, he's now adding a little as the dips occur. He added one to the YM. I wish he would peel off some more. Would make us all feel good to see him bag more cash. Assuming it is real money, of course.

Thanks Sarge. Is it so? Is this the true poop on the positions and situations of the elusive mystical survivor? Why he don't speak when spoken to?

 

[easymon1]

Not hugely ironic considering he did make big money multiple times...he just didn't keep it lol. It broke my heart when I read about his end...the first chapter of the biography "boy plunger" is precisely that and it was crushing.

How old was he when he cashed in his chips?