This is what a market bottom looks like

gaussian said:
To be fair, you have to have a very high IQ to understand bottom calling. The art is extremely subtle, and without a solid grasp of theoretical physics most of the calls will go over a typical viewer's head. There's also Orbit's nihilistic outlook, which is deftly woven into his characterisation- his personal philosophy draws heavily from Narodnaya Volya literature, for instance. The fans understand this stuff; they have the intellectual capacity to truly appreciate the depths of these calls, to realise that they're not just good- they say something deep about LIFE. As a consequence people who dislike orbit truly ARE idiots- of course they wouldn't appreciate, for instance, the humour in Orbit's existential catchphrase "I found the bottom this time guys," which itself is a cryptic reference to Turgenev's Russian epic Fathers and Sons. I'm smirking right now just imagining one of those addlepated simpletons scratching their heads in confusion as Orbit's genius wit unfolds itself on their forum. What fools.. how I pity them.

And yes, by the way, i DO have a market bottom tattoo. And no, you cannot see it. It's for the ladies' eyes only- and even then they have to demonstrate that they're within 5 IQ points of my own (preferably lower) beforehand. Nothin personnel kid




this is a copypasta please don't kill me
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WHY???

"He who has a why to live can bear almost any how."
—Nietzsche
 
schizo said:
WHY???

"He who has a why to live can bear almost any how."
—Nietzsche
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iu
 
Ok i lied about the last post, but just bear in mind, if you are losing, i am the one on the other side of your trades. So i understand the hate that i am getting and i think it is good.

Picking bottoms has nothing to do with intelligence, but it's about being patient. Picking the bottom early == wrong. It's also a foolish game, i never pick a bottom until i see one. Most of you should stay away anyways.
I am below average intelligence, i am pretty stupid, but majority people on here are plain retar*s(yes, i am talking to you). I might be stupid, but atleast i do the thinking for myself.


Is the market already up 4-5%, or is my vision poor?

Anyways i think the low is in.

If we go below 2340, i am wrong and this market doesn't have a bottom for me.

I should be getting paid to post. Free alpha that isn't seen anywhere else. That's why i said i'll stop ;):p
 
orbit23 said:
Ok i lied about the last post, but just bear in mind, if you are losing, i am the one on the other side of your trades. So i understand the hate that i am getting and i think it is good.

Picking bottoms has nothing to do with intelligence, but it's about being patient. Picking the bottom early == wrong. It's also a foolish game, i never pick a bottom until i see one. Most of you should stay away anyways.
I am below average intelligence, i am pretty stupid, but majority people on here are plain retar*s(yes, i am talking to you). I might be stupid, but atleast i do the thinking for myself.


Is the market already up 4-5%, or is my vision poor?

Anyways i think the low is in.

If we go below 2340, i am wrong and this market doesn't have a bottom for me.

I should be getting paid to post. Free alpha that isn't seen anywhere else. That's why i said i'll stop ;):p
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option expiration, don't get cocky
 
orbit23 said:
...I am below average intelligence, i am pretty stupid, but majority people on here are plain retar*s(yes, i am talking to you). I might be stupid, but atleast i do the thinking for myself......Anyways i think the low is in.....I should be getting paid to post. ....... ;):p
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.....Should be paid not to post. LOL :)
 
Here4money said:
option expiration, don't get cocky
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Yeah it's a nice warning signal. But for me it's just another trade and even if wrong it's not like my life will turn upside down.

It looks like abottom, it acts like a bottom, it feels like a bottom(panic). But it's also true that i think we will go much deeper down and am acting counter trend now so the odds are slightly against me(of being right). As soon as it doesn't look like a bottom, i am out without thinking.

I believe the short-term bottom is in until proven otherwise.

Shit is going to break loose in april and may though because US will start to get hit by the virus. Wouldn't be surprised to see russell down 75%+ from ATH by end of may/beginning of June.
 
Lets say a stock was at $250 per share prior to the outbreak and their share price was based on projected 2020 revenue of $850 million. Its a semi conductor stock.
If we are shut down for 60 days, does anyone think that stock will be revalued at $250 per share?
It will probably be a $75 stock. There will be a lot of good companies that will be hammered and stuck in a low range for a while with a lot of false rallies.
NVDA comes to mind as does Lam Research.
 
orbit23 said:
Yeah it's a nice warning signal. But for me it's just another trade and even if wrong it's not like my life will turn upside down.

It looks like abottom, it acts like a bottom, it feels like a bottom(panic). But it's also true that i think we will go much deeper down and am acting counter trend now so the odds are slightly against me(of being right). As soon as it doesn't look like a bottom, i am out without thinking.

I believe the short-term bottom is in until proven otherwise.

Shit is going to break loose in april and may though because US will start to get hit by the virus. Wouldn't be surprised to see russell down 75%+ from ATH by end of may/beginning of June.
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so you are saying this is the bottom currently...but its going to break loose in the following months to new lows...hmmmmm
 
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