Now, re-read what I typed. You think I shorted the market. Nooooooooooooo.......I longed the market. At that price point I mentioned. I am LONG this market, not SHORT this market. I have REAL MONEY ON the line here. I am not some drunken fool (or sober normal person) who does not know how to follow a fucking conversational thread on a BBS. The FACK, dude. Do you know how dangerous being long in 3 MNQ is right now, AFTER you are already down 100 points at the weekly close? Do you have ANY idea how dangerous this swing is? Do you have ANY idea what swing trading is about? Do you have ANY idea which way is long or short? Are you Volpri or Volente? Jesus.
Here's the festivus for the restuvus...I did not short the MNQ, I longed it. I LOVE conversing with people who pay attention. *snark*
It's all right here. I am sure when you sleep it off you will wake up with a hangover and go, "damn, I was an idjit." https://www.elitetrader.com/et/threads/has-the-correction-begun.339724/page-5#post-5000640 You did not know which way was up or down.
I am trading real as well, but I am not trading micro-futures in real time just yet, just paper trading to get a feel and test my stratz
If today was a Soros style desire to get out some profits (hence the anemic pump overnight) then you can probably expect another 1% down before we retest ATH
So those who never sold (i.e. just about nobody) never lost (i.e again just about nobody). Some FACT.
As long as the FED keeps pumping money into the system, I highly doubt of any long correction. In the past, bubbles always pop cause money come from the private sector. Is this time the same? Whilst QE is alive, markets will continue to show up persistence.