I took this one little short NQ contract toward the end of RTH and I'm gonna hold it overnight. The 200 point stop got me thinking small. Profit target 6700 or lower.
Remember the Big Short? We are now in Bigger Short. And I thinks it is about to continue. But here's the rub, bub ... I've been wrong before. I'm much better at picking bottoms than tops. And I'm not sure I like the sound of that, FWIW. Thinnest I've ever seen the market. And the NQ? It really is for swing only right now, imo.
Well, you did call the bottom of May last year, that was an awesome call. I hope you are wrong on this one, only for the sake of the markets. You fucker.
I believe it was the beginning of June - Sunday the 2nd going into monday the 3rd? The markets and the USA are going to be fine. There are pauses that refresh, right? This is the dump that purges. The we start again. And I'm quite willing to entertain the thought I may be wrong which is why I have a stop in the market - a big one for sure, but it is there. Love you too
I recall it being right around the end of May, near the bottom. I remember where I was, I was heading out for a vaca to Maine for first week of June and saw that call. (Of course, I was long at the top of the market at beginning of May, in my usual fashion.) Well, in any case, it was close enough. End of May, beginning of June, same shit I guess, heh.