Even the stimmy won’t stop the the 3380 touch
The S&P 500 topped at 3481
- Thread starter volente_00
- Start date
You stopped out on this call September 01 when the market closed at 3527.
For someone who makes grand macro pronouncements to the world for market tops - you are damned skiddish with your stops
For someone who makes grand macro pronouncements to the world for market tops - you are damned skiddish with your stops
Current spx parameters remain 3885-3448
%% Must have topped;
short term i sold my SDS this week + bought xle+spyg.............................................................
/\Shorted June 4002 and 4002.25
stop 4103
stop 4103
Objective 1 is 6% decline in SPX
2 is 11% decline
Final is 3431 touch
O 1 3770
O 2 3571
O 3 3431
2 is 11% decline
Final is 3431 touch
O 1 3770
O 2 3571
O 3 3431
You are going to get stopped out on this. You aren't reading this situation well at all.
You are wrong because he doesn't use stops.
%%basing on the actions in the bond markets, I can tell you we will not have market recession in the next 6 months (-50% market drop)
money movements suggest we're going to have economic recovery. One of the catalysts is below:
Looks like the bonds markets may be right + 200dma;
the virus was more scare than bear\...................................... Unless one was like 80=/ year old like Charlie Pride.Even CDc admitted in its non stop selling of vaccine/ heart disease+ cancer or diabetes still kill more.
I do try to keep 7.777 feet away from people if possible.
Nice SPY/SPXL dip today/still going up /but m not a prediction, with 1.5 hours 'til close ..............................................................
That’s right. This is mortgage the house and go long time. Shorts will get steamrolled from here.