In that case you’ll have a hysterical breakdown. You’ve posted like ten thousand times for what seems like years now about how the US Stock market is overbought. Your frontal lobe must be about cooked with all the anxiety stimuli.
Parabolic move is what we are witnessing..8-2020
- Thread starter Rickshaw Man
- Start date
He told us to sell 6/2009. I remember that quite clearly. I would have thought he was a few years early...who would have thought 11 years!!! Literally! You have to hand it to him though..he didn't delete his account. He is back faithfully everyday, saying the same things. What he says does make sense, but 11 years too early is worse than being wrong.
Well to be honest I would have been exactly 100% right if the fed didn't exist. So in reality without the fed at hand my 10,000+ predictions would have been totally spot on.
Forget the honesty bit and forget the 100% right bit.
Life doesn't operate like that, ('woulda, shoulda coulda').
You were and are 100% honestly wrong.
The markets are rising and you constantly want to fight it.
You have the 100% honestly wrong mindset regarding needing to go with the flow and taking advantage of what's on offer.
It's impossible to trade correctly with the wrong emotions.
Nearly every one of your posts is a complaint the markets are rising, it's way easier to profit long than short stock indexes.
Or, alternatively, when every institutional investor in the World - including the largest Sovereign Wealth Funds, are bid for US Technology Companies with both hands relentlessly, you don’t fight it. It is what it is. Fighting the market is an incredibly self destructive enterprise.
You don’t have to make grand macroeconomic “market wizards” bullshit proclamations to successfully trade markets.
A sense of what is a star and what is a dog can serve you quite well.
I’ve mentioned several times now that I had clients long NQ and short ES as a weighted spread and they just killed it thus year. It was (is?) one of the best performing inter market spread bets I’ve ever seen.
And for the most part, that spread was not delta directional with the broad market. Which made it even sweeter.
A sense of what is a star and what is a dog can serve you quite well.
I’ve mentioned several times now that I had clients long NQ and short ES as a weighted spread and they just killed it thus year. It was (is?) one of the best performing inter market spread bets I’ve ever seen.
And for the most part, that spread was not delta directional with the broad market. Which made it even sweeter.
When everyone gets to one side of the boat at historical proportions it may be a good time to get out of the boat or on the other side of it.
Contrarian thinking is at an all time low while the herds FOMO in buying the NDX5/SP5 stocks is on par with 1999.
Sentiment & momentum rarely turn on a dime, but when it does look out below.
Contrarian thinking is at an all time low while the herds FOMO in buying the NDX5/SP5 stocks is on par with 1999.
Sentiment & momentum rarely turn on a dime, but when it does look out below.
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