Vote: Who thinks S&P500 will reverse trend in the next 10 days (2 weeks)?

[newwurldmn]

Dude, I've been trading ES since 2002 and let me tell you something. In a bear market, that's exactly what the bulls will end up with, a cyanide pill, to get them out of their friggin' misery. You obviously haven't learned your lesson during the 2022 bear raid, even though you've been here since 2014.

Now I ain't saying the bear market is upon us, but your I-will-never-ever-sell permabull mindset will not help you in the long run. But enuf said. Good luck.

when I left Wall Street, I realized the richest people in finance were permabulls.

 

[mikeriley]

You think Steve Cohen or George Soros or Stanley Druckenmiller or Carl Icahn cares about Humility. NOPE, getting rich ONLY. Think the same ONLY.

I've read all their books, (more than once) and have an idea concerning their ideas
about staying humble. But you definitely don't know, and will never
know until you take the time to read their books. Which you will
never do, since you've stated several times you never read.

So for you to assume you know what they value is juvenile.

You are the only man I know, (not personally) that's allergic
to education.

 

[comagnum]

Surf is up - big wave sets coming through.

 

[NoahA]

Surf is up - big wave sets coming through.

View attachment 335405

All this talk about NVDA, and where the hell did this chart come from? Are these guys making AI clothing??? Stitching chips into shirt pockets??? This is absolutely shocking!!!

 

[NoahA]

when I left Wall Street, I realized the richest people in finance were permabulls.

I bet they won't be able to repeat this same feat again. I know, the saying "you only need to get rich once" comes to mind, but there is no way the next 20 years are like the last 20 years. The other saying "don't confuse brains with a bull market" is quite applicable here.

 

[mervyn]

permabulls they are because the asset pricing is not a normal distribution. The worst one can lose is back to zero, so the market pushes up, among other factors, qe for one.

 

[schizo]

when I left Wall Street, I realized the richest people in finance were permabulls.

That might be true, but at the same time, how much is that actually attributed to their trading skill and not just dumb luck? With Uncle Sam providing the backstop these days, ya don't need to be a whiz to make money. But how did they do in 2022, let alone in 2008?

 

[beginner66]

Hello schizo,

LONG AND STRONG the SP 500 Index FOR LIFE. I WILL ALWAYS be BUYER OF THE SP 500 INDEX and I WILL NEVER EVER EVER EVER SELL for the rest of MY LIFE until my account shows $2 million, then I will cash out. I DO NOT CARE if I AM 70 years old and still Waiting. NEVER CASHING OUT. LONG FOR LIFE, buy more every 2 weeks for LIFE.

I rather POUR ACID in my EYES and CUT my hands off and cut my tongue out Before I EVER go against the SP 500 INDEX. I AM ALWAYS BUYING.

EASIEST MONEY I EVER MADE IN MY LIFE. It Feels GOOD NOT BEING A POOR MAN IN THE USA.

THANK YOU GOD for SP 500 INDEX and THANK YOU times 100 for the ES Futures Market.

I WILL BE RICH. EASYYYY MONEY EVERY DAY OF MY LIFE. EASYYYYYYYYYYYYY EASY

I LOVE AMERICA. EASY MONEY HERE. Just go up SP 500 Index.

I made $800 in ES futures today in about 12 minutes. EASYYYYYY work.

Hehehe @SimpleMeLike well done
long or short ?

 

[NoahA]

That might be true, but at the same time, how much is that actually attributed to their trading skill and not just dumb luck? With Uncle Sam providing the backstop these days, ya don't need to be a whiz to make money. But how did they do in 2022, let alone in 2008?

In trading, everyone gets taught a lesson, right? The bulls, the bears, and I also think soon, the buy and hold crowd. The past 40 years was all because of the steady drop in interest rates. It inflated assets prices, and allowed inflation to be hidden. (I feel so smart for learning about how the US has exported inflation all these years, so that is why we didn't see it)

We are now in a new era. Rates are higher, and if they stay like this, half of the economy cannot cope. If they drop them in a bid to save the economy, I think selling treasuries and funding governments becomes very difficult, and the currency suffers. The era of money printing to run the game is over. I think the path forward is the USD goes higher and takes down everyone else, and then USD collapses.

Enter Bitcoin, and maybe gold, and we will start with a new system. But this means real estate wealth, equity wealth, bond wealth... its all gone. The buy and hold crowd is finished. The name of the game going forward is learning to adapt to the new world order, and even Dalio said exactly this I think.

 

[SimpleMeLike]

Hehehe @SimpleMeLike well done
long or short ?

Good Evening beginner66,

lol, why in the WORLD would I want to EVER EVER EVER in my natural life want to short the SP 500 Index??? WHY?

It is like the dumbest thing on earth to do.

I am LONG SP 500 Index FOR life man. Like, its EASY auto pilot money. I do not even check the account.

GURANTEED MONEY. Like come on man, this shit is annoying me man. Like NOONE wants to get RICH. Everybody think so small. Man, lets get RICH.

I am LONG TQQQ and SP 500 Index Vanguard Fund FOR life until $2 million in my account and GUESS what, I AM NOT DOING NOOOOOO work. NONE, zip , nothing. Just put my money in there.

This shit is EASY. Its easy.

That damn TQQQ hit for like 200% last year. EASY MONEY for me.