Hope all are enjoying the ri$$$k free money. Posted last Wednesday As expected, the plunge started on Friday. It wasn't as deep as I'd like, but enuf to confirm my expectations. Not a penny of ri$$$k The bounce back has started and is on target for a new high today. Not a penny of ri$$$k I'm looking for a short at the high with a ratio spread..... ITM puts need to finance buying multiple OTM puts. Not a penny of ri$$$k Mind the gap
CONGRATS once again to all those who play the ZERO risk free money just buy SPX system$$ I love 100% up room to go with ZERO risk free money baby $$$Kachingo$$$ markets CRUSHING shorts one permabear at a time $$$
LMFAO. As you know I’m about more about the Q’s than SPY, but the thing is making a run at 500. Calling at top here seems very premature. You could see a tradable short there. Let’s get there and go from there, but why would it stop short of that level?
we may get teh odd little down day here and there, but most days going forward are going to be up days for a long time to come.
One could turn that logic around and say, "When I read comments like above I know it's time to be long." I've heard bearish chatter since the market broke out last fall. Personally, it's only increased my confidence in pressing the long side. ES Journal - 2023/2024 PS: Unlike @v-shape-0DTE I do think this market will sell off eventually of course.
I've been holding a long position/ buying calls all week and I have more calls heading into next week and I will take profit when QQQ gets to near 500. Yeah I don't trade real money LMAO. Been posting all my swing ideas, and they've been pretty good. Was a week or 2 off with this move, but 500 is still happening for sure now that we're so close. Short at your own peril!
There's only been 2 weeks this entire year where the Q's had a weekly drop of 10+ At 500 that's only a 2% drop lmao. People talk about how a daily 2% drop is near impossible, but a weekly drop like that is getting more difficult. I can see a few mini pullbacks happening this summer (like that fake drop last Friday), but it's crazy to be wanting to short this market. Again if anything changes I'll be the first to tell you, but as of now I just don't see any threat to this bull market any time soon.