It's over. Historical bull run has come to an end.

I agree.

But it wouldn't surprise me if there were a couple days this week that are as bad as last week.

It also wouldn't surprise me if the market was flat or positive for the week. Which is why I have no money in markets because I don't know I won't lose it.

I'm pretty sure the panic over the coronavirus is exaggerated, but I don't know if the markets will react that way short-term.

My opinions (even if correct) don't move the market unfortunately.

 

Nice timing, Dow started another 800 point rally just after you posted that

 

I sold sqqq on the way down, bought back a little here aftrhours fwiw... expected a mkt bounce today , maybe up more tomorrow, will be interesting to see if selling continues wed-fri... down $300ish today on stops... also just bought 50 UWT, bounce in crude a bit

 

I think it was around 400 points not 800...anyway added my short etfs and about to add alot more. Volatility is strong and will create many more volatile sessions. This was an opportunity to sell. Fools probably bought the last hour of trading when they should have been selling. I sold most of my longs I bought last thurs and fri. Will short tomorrow if markets gain even more. S$p will fall straight back below 3000 and even further. No need to jump on stocks just yet. Alot more downside is coming.

 

Huh? In the last hour of RTH trading, the YM/Dow rose 750 points. Why were they fools?

 

Today = ridiculous... but price action is all that matters.... glad inverses like SQQQ got cheaper, will buy on way up when mkt sells off again soon

 

What's your normal success rate like? How often are your predictions incorrect?

 

Today everyone feeling like last weeks collapse is over...its not. Today was just extreme buying after very extreme selling, it was bound to happen. Now that it's happened everyone is thinking the bottom is in so foolish money is once again buying the markets, I say let them because I'm already to lock in more short etfs as each 2-3% gain in the market occurs...this is not going to be a V shaped recovery by any means. So let the buyers come in and I'll be very glad to continue my short etf 2x and 3x buying spree. Last week was green every day for me, however my retirement account took a big drop. Once my retirement account is back in the green I'm going to move it to all bonds, waiting it out patiently for the next historical drop but in the mean time will continue to add to both retirement account and of course those fun short ETFs...I'll see you back here again at sub 3000 on the s$p.

 

Why leveraged ETFs instead of futures?

 

Oh, you are talking retirement accounts and investing. I was just thinking along the lines of short-term trading. :-\