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dozu888 said:
ok there is so much momentum there is gonna be another rise tomorrow.... but remember this.. the new cases have not peaked yet... so the timing is perfect for the purpose of shaking the tree.. they gonna cook it another round or so... doom stories all over the media and the price action knock it down a few times... by the time we hit april and new cases on the way down, them boys will have collected enough inventory for another crazy earning run..

it's the same shit over and over.

THIS is how you make money in the markets... BIG money.

please... the master has laid out how exactly the market works... pay attention.
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I hate to admit, you are :thumbsup:.

Glad I mortgaged my house, maxed out my credit cards. :p
 
so the bottom is in, but the top is not well defined yet... but it doesn't matter.

again them boys won't bring it back to the old high qqq 137 before they start the earning run, cause that would make this whole shake sort of point less... idea is to collect chips as cheap as possible....

but then over the weekend you got clear headed voices from masters like me and there will be a lot of empty handed people think hey this IS another f'cking clue.

so for them boys its also a tricky balance act... you want to knock it down to collect chips, but it COSTS chips to knock it down and if you over-do it you might end up having your own chips scooped up by even SMARTER money..

but the plan.. I have laid out already.... I don't have a seat in their meeting but it's too obvious.
 
volpri said:
Once the market bottoms (quits selling off because of every bad news headlines) and turns back up we will probably see bulls come out swinging and see some spectacular rallies. There is no real fundamental reason yet for this selloff. It is all fear...and headlines. This said I short the declines and will go long once it bottoms and turns. But since it is such a forceful decline I won’t be buying and averaging down on that side. I been mostly selling and scaling in on the short side. Stops have to be wide. Volatility. As of now it is just mostly institutional selling on fears of fundamental disruptions in the economies. Depending on what happens Those fears may subside or get worse if supply chains get seriously disrupted. I really don’t see this as the bulls hammering it down to create a buying opportunity. This is more like bulls capitulating ....exiting positions and joining the bears.
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Did I say spectacular rallies? It is good to see folks celebrating...smiles..laughter...confetti. I like the optimism of Americans.

If peoples fears stay abated and virus doesn’t get too much worse then we are back on track. But if fears return we can expect another leg down. Those computers just sold and sold as the market dropped last week. There was no fundamental reason for it. It was all fear.

I do believe we will see some sideways action now and a test back down. How far depends on the fear factor and the virus and dozu’s pro boys..lol
 
and again, lets not lose sight of the big pic.

10 year is now 1%, that is 100 P/E ladies and gentle boys.

to the idiots who compare this to 2000, back then 10 year was 6%, or 15 p/e, while SPY hit 50.

to get to the same bubble territory we are talking about $2-3000 apple, minimum, so me calling $1000 is being CONSERVATIVE!

think BIG, make the BIG money!

the opportunity is here.... if you still don't get it you are just a f'cking retard... and you WILL tell your grand kids that when the great super cycle happened you were shoveling shit in Louisiana..

go out there get the f'cking free virgins for the grace of god.
 
I like how on Thursday a day before the low all these ET threads popped up calling for the end of the bull markets, asking about hedging and all sorts of fear based questions. Social media is a very powerful tool to understand crowd psychology right before big turning points.
 
PoopyDeek said:
Trenton, Bro. Trenton.

https://www.elitetrader.com/et/thre...s-headed-this-year.339107/page-2#post-4987799
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Nothing wrong with Trenton. Seems like a nice place:

upload_2020-3-2_17-55-28.png


Actually better off than Los Angeles, CA:

upload_2020-3-2_17-56-16.png


Your tireless pursuit to expose frauds on ET is very admirable. We ignorant newbies do need to be aware of frauds and avoid been taken advantage of. But like kids, sometimes you have to let us decide for ourselves, to learn our lessons the hard way.

On a different note, I, as a relatively new retail trader, appreciate everyone who contributed to ET. Freedom of speech is very precious, lets preserve it here.

Best to you.
 
ironchef said:
Nothing wrong with Trenton. Seems like a nice place:

View attachment 221002

Actually better off than Los Angeles, CA:

View attachment 221003

Your tireless pursuit to expose frauds on ET is very admirable. We ignorant newbies do need to be aware of frauds and avoid been taken advantage of. But like kids, sometimes you have to let us decide for ourselves, to learn our lessons the hard way.

On a different note, I, as a relatively new retail trader, appreciate everyone who contributed to ET. Freedom of speech is very precious, lets preserve it here.

Best to you.
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psss, dozu is a fraud
 
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