XLF is following the tide... uh-oh. $24.70 and down 2.2% Not good B1. Ahhh, its never "over" really. Markets go up, markets go down. The fat lady has the stage atm however. Haven't seen you post in a bit... hope all's well and you didn't take a big hit. We don't want to see anyone here lose money.
Wow, the buy-on-the-dippers are back. Every dip since 9:40 am has been bought. NQ "down only" 160 now.
Not long here. I'll let the RH'ers of the world hold the bag. And to be clear I agree with most of what you have been saying for months. Was just pointing out that the selloff is rather mild yet. Looking for 10- 20% (3000-3200). They've got dip buyers well conditioned for an engineered move down. I'd be a buyer off the back of it but at some point diminishing returns are coming for the long haul. They pulled a lot of earnings forward IMHO.
PA in NQ today ? : Vegas baby...Vegas. It's just oscillating up and down 50-90 pts within minutes. It's acting like a wounded animal....just thrashing all around.
Large rally into closing likely here in my opinion. I believe that no one wants to be short going into tomorrow and Thurs.
I have been wrong so much lately, I think I need a better coin! Been making money, though. Fortunately, I don’t take my opinion on market direction too seriously anymore.