I'll drink to that! Anyway, come Monday, I'm wondering if we may see a rally back to unchanged on SPX for December. I'm not sure if I'll be able to trade on Monday, but if I get the opportunity, I will try to get long for sure provided the market is acting right.
At the time of the above posting, I was actually expecting the V-crew to show up the following week at the earliest. But since they made their appearance unannounced on Friday, that kinda negated my earlier view. Hence I expect this week to be moderately bearish. In such a case, we will most likely retest Friday's low, if not lower. So don't put that bear suit back in the closet just yet. Anyway, bears are still pussies. No question about it.
We shall see. Could get back to ATH. The V force is just so strong, so powerful and never fails. Even when it looked bleak on Friday, the V still happened. Look at the futures pump. The difference is when it rises it almost never falls, but when it's down it can V at any moment.
LOL the same reply as always. I say you're the one who's unstoppable. I don't blame ya though. The damn thing has been unstoppable. But now with Trump's economic agenda over the looming horizon, along with Powell's backsliding, we could see a real change in the coming months. Shall we wait and find out?
Not super surprised, though. Just seems like the obvious move. Last day before the 24th is usually green.