Maybe he's doing some market internal analysis... Saw this article today at ZH, and it has some eye-opening charts... https://www.zerohedge.com/markets/a...-squeeze-remains-absolutely-biblical-negative
%% I wish that was regular repeat pattern; since 1898 Victor yellow mouse trap+ get some free peanut butter on the ground floor. Speaking of lunch time/ SPY + QQQ are up a bit from lunch + weekly . I never try to get stuff @ ground floor, but that can work well on Victor trapping a mouse. Mice cant read SDOW has been nice trend for most of the month; but haven't looked @ DIA lately, its no benchmark.
If I had a Pride rainbow flag as an avatar, or a BLM icon as an avatar, or a USA flag as an avatar or a Christian Cross as an avatar...would you equally consider all of those offensive? Or are you only selective to the Jewish star? Your statement sentence is the only thing offensive here, and intolerant, and oppressive, and close-minded. Edmond, 71 years old, male, from San Francisco
Market is climbing a wall of worry here. No one believes the market can go up. Total contrarian play here which I agree with. Very possible we're starting wave 3 of this bull move off the summer lows, in which case, buckle up. S&P 3900 is your line in the sand.
%% WELL partly\ JAN was down for 2008+ JAN 2o2o was down also in hindsight. I would never cut off my Israel flag[ Star of David flag, with blue support + blue resistance lines on the flag] I dont consider any of those a gamble/ But NOV 2008 was below SPY 50 month moving average; SEPT 2o2o SPY opened above 50 month moving average. SDOW has had good month; but i may not have time to do any more this week on that DIA derivative ?? I may reread Acres of Diamonds.
Oh. There's plenty of people who believe the market can go up. And we've had plenty of rallies already which all were sold so far. For now, I consider them bear market rallies.