I've made money shorting NQ twice so far. But people are so conditioned to BTFD! it's rallying now
i'm glad i covered my shorts for a profit else i would have given back all of my profits and some.
But the big crash could still be lurking out there somewhere. Not sure when. Probably when the bulls give up.
Volume is huge
, Current volume in ES is 500k
If we assume Fed (or some major bank which is less probable) bought around 100k of those - that's just 15 billion.
Or if counting margin less than a billion
imagine you can stop panic with just billion dollars even with current bubble valuations
Don't fight the FED!
And don't tell me it's not The Fed.
WHen Ukrainian plane went down someone went in and bough 10 000 features within a minute
I only see one huge plus about all this charade
At current valuation companies will exhaust their buyback abilities quite soon (hint : Apple)
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