The Big Bear Bet

[Relentless]

This is not the trade of the year.
It’s the hindsight trade of the year.

Well done.
Bravo.

Sounds like someone missed out

Don't worry. Market opportunities are endless.

You are pointing this out wellllllllll after the fact....who the hell knew to get short in February, in fact no one said to get short in February as the markets were breaking to new historical highs daily and most putting out predictions for the s&p to go to 4000 and who the hell said get long in march? All said after the fact.....

Any solid predictions now? Let's call the plays right now....right this second for the remainder of the year.

No need to get triggered. Then again, it's not hard to see why you get fired up so easy being wrong since basically forever.

P.S. My prediction is the opposite of whatever yours is. $$$

 

[Nine_Ender]

You are pointing this out wellllllllll after the fact....who the hell knew to get short in February, in fact no one said to get short in February as the markets were breaking to new historical highs daily and most putting out predictions for the s&p to go to 4000 and who the hell said get long in march? All said after the fact.....

Any solid predictions now? Let's call the plays right now....right this second for the remainder of the year.

I went 100% long on March 23rd, with a heavy weighting in gold mining and energy.

 

[KCalhoun]

This is not the trade of the year.
It’s the hindsight trade of the year.

Well done.
Bravo.

There is no way this market ends the year higher than here. A big drop will come, the key is timing entries based on price action, as always.

 

[Relentless]

There is no way this market ends the year higher than here. A big drop will come, the key is timing entries based on price action, as always.

Why not just trade price action like I've seen you say numerous times?

This business of thinking the market "has to do" something is how many go broke.

 

[destriero]

You are pointing this out wellllllllll after the fact....who the hell knew to get short in February, in fact no one said to get short in February as the markets were breaking to new historical highs daily and most putting out predictions for the s&p to go to 4000 and who the hell said get long in march? All said after the fact.....

Any solid predictions now? Let's call the plays right now....right this second for the remainder of the year.

I took my biggest short on Feb21. My macro thread.


https://www.elitetrader.com/et/threads/election-theme.340755/#post-5019505

 

[S2007S]

Why not just trade price action like I've seen you say numerous times?

This business of thinking the market "has to do" something is how many go broke.

Price action did not predict that whopping 30% collapse now did it...

 

[KCalhoun]

Why not just trade price action like I've seen you say numerous times?

This business of thinking the market "has to do" something is how many go broke.

True, so now I am trading both long and inverses as a hedge. Goal is to scale into the winner.

eg i'm in tiny size roughly $1400 each worth of long etfs SPXL/TNA vs inverses

lmk any suggestions? thx

fwiw these small initial positions mainly serve as bookmarks, reminders of what to trade so i don't forget

This frothy bubble will burst at some point. Global pandemic, low consumer confidence, millions unemployed, riots, China trade conflict, bankruptcies, how much more can the market go up.

 

[S2007S]

Keep thinking this sustainable. This market has never in its history seen a run up of this magnitude. 42% jump in 50 trading days and everyone thinks this can just keep going and going. I mean how much more can you squeeze out of a market. How come its easy to scream and call out stocks that are oversold but never ever stocks being extremely overbought .....

Dow Jones
27,273.0
DERIVED
19:57:01 | Futures
+201.0 +0.74%

S&P 500
3,209.38
DERIVED
19:57:01 | Futures
+22.63 +0.71%

Nasdaq
9,874.38
DERIVED
19:57:01 | Futures
+65.88 +0.67%

SmallCap 2000
1,523.65
DERIVED
19:57:03 | Futures
+21.05 +1.40%

 

[Relentless]

Price action did not predict that whopping 30% collapse now did it...

Did I say that it did? No. I don't predict - I react.

I'm afraid there's no hope for you. Your bearish obsession has broken your mind.

Honestly I'm glad for you that you have a 401 that forces you to be long if you want to make money. Otherwise I can't help but think you were broke years ago in any allocation towards the financial markets. Don't quit your day-job.

 

[Sekiyo]

Sounds like someone missed out

It’s called apophenia.