LOL the index just printed 1500+. amazing. if you look at the price history, we were in a bull market since 2009. How did i miss out on that???
Because along the way we had massive drops...FLASH CRASHES. that kept people away. Remember July 2011 we had a 300 point drop in SP in two weeks. Always remember markets fall twice as fast as they rise. Fear always overrides greed. Tomorrow we may wake up to Israel and Iran at war. Its hard to sit for 4 years and not get shaken out.
Asking 1495.75 to initiate a short position. I will be building it up slowly. We are due for a minor pullback.
Market isn't showing any signs of weakness.. No geopolitical world events to shake it's foundation. Just shows the current players and big players are all buy side oriented. Noone is shorting and the people shorting are being killed by slow progression up.. No downside volatility.