If you go through his posts, he's posted so many days where he's making +10 points over the last like 200 trading days, that I don't think this 20 point drop against him would be a big deal! He's been a daily perma bull in a relentless bull march for God knows how long! I'm guessing his account can handle the odd down day in the market
Agreed but... He may do another add here, get lucky and get out for a small profit, however, sooner or later his luck WILL run out. Just ask Victor Niederhoffer .
Pink is nothing but a bull market wonder. Nothing more. He's a perma bull. He doesn't use stops! He'll average down as many times as necessary (so far, the last 5 years hasn't really had more than an hour or two of downside ), then he'll complain about patience, and then he'll come on here and post how marvelous it is to be long and take his then whatever the new target is, and proceed to stroke himself and the rest of the fellow perma bulls. It's really quite cute and fuzzy.
Starting to think about buying the dip in my swing acct... But waiting for the blood to stop flowing first. Tomorrow may be the day.