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iflyjetzzz said:
This isn't 2007 or 2008. The 'game' changed in 2009 with aggressive Fed intervention. Max correction since 2009 has been ~20%. I think the Fed is going to intervene in capital markets once the markets drop by ~5%. They're not going to allow the markets to crash - those days are gone at least temporarily.

I'm trying to figure out how low oil prices are bad for profits.

Just buy the dips and sell the rips. This is the easiest market to make money that you'll see in your lifetime. Enjoy the ride higher. The Fed will let us know when they're done intervening.
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Ah ah I really love your message! I am trading for more than 7 years and year after year I improve my skills, increase my performances and decrease my risks. I hope 2015 will be again a good one. But when I read your post and a lot of others I feel relieved! Thank you !
Some pearls

Game changed. Looool the game never changes because human nature never changes. Greed and fear. Euphoria and panic. Pigs get slaughtered. Best pros take all.

Fed will not allow the markets to crash. Looool again! You confound trend is your friend and Fed is your friend!
FED IS NOT YOUR FRIEND! FED is big banks friend! And perhaps happy few will get a call to save their ass but not you or I !!!!!

Low oil prices are not bad for profits. Yeah remember 2008!!!! Loooool

Easiest market that you will see....
Sorry but where were you in 2009? Easiest markets are after cracks not before!
2009 was so great!
And to be honest I don t care if we are close to the top or not in the US... There are tons of opportunities everywhere in the planet!

Thank you again for your post!!! Excellent!

Chris Mac
 
"Game changed. Looool the game never changes because human nature never changes."

Over the long run, sure, the game never changes. But for the present situation, buy the dips and sell the rips is good advice. With 2008, the game did change, at least temporarily, because of Fed action.

One of the big difficulties in trading is that the game keeps changing. And our lifetimes are too short to ignore this fact. It's not enough to be right. We have to be right now.
 
Long spxl at $85...just for a bounce then back into even more TVIX and CVOL.....

holding TVIX and CVOL....

VIX will be breaking out and will easily trade above 30...maybe even 40...

Volatility is going to be the best trade
 
nope not yet, top isnt coming for at least another 20+ years as this is the ultimate bull market, with QE all over the world now from Europe to Japan and every central bank holding the markets hand I think were in for at least 2 more decades of upward movement, if there is a pullback of 2-3% thats considered the best buying opportunity and should be bought with as much margin possible, it hasn't failed anyone in the last 6 years......not only that but I think now there is no such thing as 10% corrections, the old 10% is the new 1-3% corrections and a bear market is no longer considered a 20%+ drop its now a 10%+ drop...so just keep buying, the VIX is headed below 10 which means their is literally ZERO FEAR in this market, we will get down to historical lows never seen before on the VIX which means buy, buy, buy.... forget about a vix above 20 meaning buy, the opposite holds true now that a VIX below 15 is a buy, there is zero risk and the fed will come in with QE 4 if there is a dip of 5% or more which the chance of that happening now sits at less than 2%, only up up up...dow is up 197 point to 18156 points, no worries.....could be in for record highs by monday morning...keep buying any 7 point pull back, by the close of today the dow will be up 362 points!
 
MORE RISK FREE MONEY FROM NOW UNTIL END OF APRIL,

Keep buying Carley Garner says s$p going to either 2170 or 2180, huge upside left...


S&P is headed higher, but then it's time to worry
Abigail Stevenson | @A_StevensonCNBC
18 Hours AgoCNBC.com



Now that the Fed meeting is over, Jim Cramer can finally breathe easier. However amid a volatile market on Thursday that ended in the red, could the S&P 500 bounce back?

To find out where the S&P could be headed Cramer went off the charts to speak to Carley Garner, a technician and co-founder of DeCarley Trading and colleague of Cramer's at RealMoney.com.

Garner indicated that while the S&P has suffered weakness recently, this is only a temporary stop on its way back up. She thinks that the market is not overbought or oversold, it's right in the middle.

sp500daily.png

Looking back at the past performance of the S&P, Garner expects for it to head higher. Typically the S&P tends to rally from mid-March to the end of April.

"In fact, if you bought the S&P on March 15 and sold it on April 29, then you would have made money in 13 of the last 15 years. That's a pretty good track record," the "Mad Money" host said.

An important factor to take into consideration is the strong floor of support that the S&P has at 2040. Garner thinks that as long as the market stays above this floor of support, we are good to go.

She also took a look at the Relative Strength Index (RSI), which is the momentum indicator that helps chartists to predict trends before they occur. She noted that there is a strong correlation between the S&P and the RSI. Historically every time the S&P was hit hard, the RSI would drop to 30 or 40.


The RSI has recently rebounded, and so has the S&P. Thus Garner believes that the S&P will head higher, all the way up to 2170 or 2180. At that point, she recommends doing some profit taking.

So while the market has been a sea of volatility lately, Garner's research indicates that the bull is still alive and kicking. The S&P 500 will work its way up to 2170 or 2180, and then it will be time to be more cautious.
 
S2007S said:
MORE RISK FREE MONEY FROM NOW UNTIL END OF APRIL,

Keep buying Carley Garner says s$p going to either 2170 or 2180, huge upside left...
More...

That's a pretty messy trend channel. As of today, the upper limit is 150. Of course, since the line is diagonal, the longer it takes to get there the higher it will be when price reaches it. So 60 or 70 is not out of the question.
 
S2007S said:
nope not yet, top isnt coming for at least another 20+ years as this is the ultimate bull market, with QE all over the world now from Europe to Japan and every central bank holding the markets hand I think were in for at least 2 more decades of upward movement, if there is a pullback of 2-3% thats considered the best buying opportunity and should be bought with as much margin possible, it hasn't failed anyone in the last 6 years......not only that but I think now there is no such thing as 10% corrections, the old 10% is the new 1-3% corrections and a bear market is no longer considered a 20%+ drop its now a 10%+ drop...so just keep buying, the VIX is headed below 10 which means their is literally ZERO FEAR in this market, we will get down to historical lows never seen before on the VIX which means buy, buy, buy.... forget about a vix above 20 meaning buy, the opposite holds true now that a VIX below 15 is a buy, there is zero risk and the fed will come in with QE 4 if there is a dip of 5% or more which the chance of that happening now sits at less than 2%, only up up up...dow is up 197 point to 18156 points, no worries.....could be in for record highs by monday morning...keep buying any 7 point pull back, by the close of today the dow will be up 362 points!
More...

It is interesting that so many central banks are doing the QE thing.

I have to suspect that the underlying problem is the reduction in fertility and the graying of the world's industrial population. Basically we're getting sucked down the same sewer drain that Japan's been exploring for a couple of decades. Having seen the Japanese experience, the other central banks pump like Lance Armstrong.
 
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