If markets can go straight up for 3 months I would be cautious on the possibility that they can drop for 3 or 4 months straight as well. Seems markets can be overbought for years but only oversold for 2 days!
When everyone is confident that the market can only go up that's when the correction will happen. When people who nothing about markets tell you they are all in that's when to exit.
So wrong and idiotic. This is why this place is hopeless. The market proves to you every single day that it's not capable of going down, but sure a correction is coming? It is a lock that QQQ will hit 600 and by September 10th. You are lucky I'm telling you this, while you waste money buying puts.
It's odd when markets make new highs but sentiment doesn't. So many people missed the move............
His point was proven when you got humiliated by the market with that +20% drop earlier this year ... You can keep trying as hard as you want to forget it, but it will never change the fact that you were absolutely humiliated and then to make it even worse you chickened out of your very straightforward bet like a little girl. The only idiot here is you.