I am not here to argue with anyone about which direction is the correct one. I'm only interested in making money, regardless whether the market is bullish or bearish. However, the problem with you and everyone else here is that you folks resort to propaganda. You have to let the entire world know about your opinion and make sure you are right. You get so married to your position, you take offense at those who might take opposite position. Why is that? It takes two to make the market, no? Why should ego enter into all this? So it goes up. You make money. If it goes down, I make money. Happy trading!
while it’s true he was calling it a bear market since march, I don’t recall him posting any shorts that were left open.
But it took-out all of the stops of the shorts....and then went down pretty hard....now at 8234....roughly a 25 point move in AH.
You guys looking at 1 or 2 tenths or even, heart be still, a quarter of 1% move as something to look at with amazement are weenies and wimps who should not be trading... And you are using AH as a basis? LOL!! You will not survive even a small sustained uptick in volatility. Volatility could increase 100% very fast (and it will), and THEN only be NEAR historical norms.
If I were the fat finger who wanted to short the market, I would do that as well. This is like the classical playbook rule for the institutions. You initially gun the stops in order to get into the trade for a cheaper price, and then flip side.