Can you give an accurate real time demonstration next time or show us your trading statements for yesterday where you read and traded the tape in advance of the news? Monday morning quarterbacking and a condescending lecturing of others gets really annoying when your own calls are usually off mark. Your last lecturing remark was towards mervyn (who have done some remarkably contrarian short trades when everyone was bullish) on the 16th of February where you said to him, "You do realize we're in a bull market now?" That was very near a market high and the market dropped nearly 300 points following that comment. Apparently, reading the tape isn't that easy after all. Thank you.
I don't know about his trading skills, but he certainly understands that the FED pulled their d*ck out and how that have fundamentally changed the market conditions. Many people still don't get that and are still in denial considering every new low a bottom and every new high a breakout - consistently getting it wrong. The markets are very news sensitive at the moment and that's in contrast to the last ten years where news didn't really matter at all. To be fair, you've also been quite the advocate of the long side last year and you brushed off any comments re: FED policy and were really confident in an end of year rally and even ATHs.
unless you are consistently pulling money out of the market, there should be zero condescending lecturing going on. Tape reading cmon man. Maybe back in the 80s
Congratulations on your 32,000th post. I shall now like 20,200 of your posts so you can be at 32,000 posts / 32,000 likes and retire! Just kidding. Besides, Monobrow trading would probably give you a like just to nullify my efforts. Imagine there is a invisible object in front of you. It starts to rain lightly. You can't see the object, but you notice that some drops seem to be deflecting in a weird way. It starts raining harder. Now you are sure rain drops are deflecting weirdly. This is like tape reading ES for me, not that I try it often or that it always means an immediately actionable signal is at hand.