Everyone is a genius in a bull market. If you think 2020 or 2022 cannot happen again, you're an idiot. Use cautiom in this new administration.
Thanks Laissez Faire, but nah... 1) Calls are a dime a dozen 2) You can be right on your call and still mess up your trade (not in this case, but in general) 3) I thought/expected that we fall a bit further and faster 4) The key part of the call is/was that *after* correcting 2%, we go up 5%, make new all time highs and possibly exceed 30% for the year (not 40%, that was just kidding), which as you explained very clearly is still unlikely By the way, I've been re-reading Reminiscences of a Stock Operator and it is indeed a great book, even if he sometimes (imho) "lies" to himself. Lots of wisdom packed there... and the irony that he so often seemed to go against his better judgment (mostly when he was exhausted, sick, etc.) Best trading to all PS: I see Buy1Sell2 has created a new thread for 2025, but I'll keep posting here till January.
Nah, it was just sitting at support waiting for the next pump. A CPI meeting expectation was all it needed since literally any report/ anything leads to a pump. What big drop? This market is too powerful for that.