Should we re-visit this thread today? I believe we reached 10% today. Unreal, this post marked the very top of the market. Impeccable timing.
Instead of the EPIC FAIL of trying to call the top. This guy did the EPIC FAIL of trying to buy into a bear market. Most traders think, to be taken seriously, they need to add "value" by saying something different than the obvious and out-smarting everyone else. You can talk all the macro and micro crap you want, the one obvious thing is ...... the market is under pressure, until it isn't. and right now, it's still under pressure.
it starts....now....no wait....now....nope not yet....now....really.....oops....sorry.......nnnnnowww.....oh crap....
Ok it's almost the end of june and thus 2 months have passed, the resurgence of the bull market is near.
you would think so. But there's no reason for the market to go down now. Note that last two corrections we had a vix of 40. This correction had a vix of 25-30. What does that tell you? Mean retail didn't buy protection. Retail is starting to "believe". When retail starts believing is when the bear market starts. I would love for the market to reach new highs to sucker in suckers. ...just right before the crash.