Midnight rally

Overnight · Dec 18, 2020

Rickshaw Man said:
Hope everyone got in before the last minute ramp up into the close. Most movement all day happened in the last 90 seconds of U.S trading. Now kick back and watch your profits grow. Or just wake up and sell the cash open at 8:30am CST.

See you tomorrow morning....Cheers!

Failing!

This could be it, Rick, the huuge drop. Remember when we got a new Fed Chair in Feb 2018? Market didn't like it.

Here we go again in the cycle. Markets down 40%. Remember, there is now no more Fed. Powell is out, and Yellen is gonna' be the sec of the treasury? Mark it, dude. Bulls are done.

Rickshaw Man · Dec 18, 2020

Not much of an overnight rally. Dow opened negative, SP NAZ open positive. Pretty much a wash.

Rickshaw Man · Dec 18, 2020

Sunday futures open is just about always a gap up. Don't be afraid to hold long over the weekend. Its easy free money...same thing over and over and over. This knowledge will help you to profit. Slugging it out dusing the US day session is pointless.

Buy the cash close and sell the cash open. Same thing over and over and over

Rickshaw Man · Dec 18, 2020

Will sell this Monday morning.

Rickshaw Man · Dec 18, 2020

In the last 10 minutes of cash trading NQ shot up 120 points. All the days losses gone in 10 minutes. The DOW shot up over 200 points, SP500 shot up 30 points.

These is the folks who know Sundays open will gap up. They don't want to be short.

Laissez Faire · Dec 19, 2020

That was quite the up swing in the last 30 minutes for sure. Might have been Op-Ex related. Statistically, the odds of Friday's last major swing being up is about 63 %. So that's a small edge right there.

Rickshaw Man · Dec 20, 2020

Well looks like over 100 point gap up for NQ on Sundays index futures open. Same thing over and over and over. Should be rewarded handsomely for holding over the weekend. So easy make free money $$$$$$$$$$$$$$$$$$$$$$

Rickshaw Man · Dec 21, 2020

Stopped out, can't win em all.

Overnight · Dec 21, 2020

Rickshaw Man said:
Stopped out, can't win em all.

Why did you have a stop in place if it is free risk zero $$$$$$$$$$? I mean, what is the risk? It is the same thing, over and over and over again, as you say. The Fed will come in and keep the market from falling, forever.

You don't believe the crud you dish out, do you. Just HODL it and roll, man.

Relentless · Dec 21, 2020

Overnight said:
Why did you have a stop in place if it is free risk zero $$$$$$$$$$? I mean, what is the risk? It is the same thing, over and over and over again, as you say. The Fed will come in and keep the market from falling, forever.

You don't believe the crud you dish out, do you. Just HODL it and roll, man.

Right?

Stops are pointless in this free money market. Methinks Rickshaw saw red and pooped
his pants

Just buy - buy more - and when you can't buy more => buy more

Impossible to lose.

EZ game.