Market Irrationality

What do you fellow Elite Traders do with Market Irrationality? SPX has gone up from 2476.96 (Jan 02, 2019 Open) to 2802.39 (May 28, 2019 Close). That is a modest 13.14% return!! What are you guys doing to get ahead of this market irrationality, going for those Dec Puts, going all in with DEEP ITM Put Spreads (theta positive always sounds so nice) or playing both sides of the market?

For Gods Sake, you can be riding the train all the way to the top, toot that horn for 3000 SPX -- Just got my hat printed SPX 3000.. I'LL SEE ONE OF YOU POSTING AN ORDER through the AMEX Open Outcry Pit, making some dumbass market for one of you fools... Keeping in mind that the market can stay irrational longer than you can stay liquid? What is your take on Market Irrationality?

 

What does that mean?

 

Could’ve just cited the entire post.

 

A rational trader expects it.

 

Thanks for your input vanzandt!! Couldn't think of a better answer..

 

Who is this troll? schweiz? The fibo_tool?

 

WTF are you babbling about?

 

Market Irrationality and your take on it?! Don't look too deep into my silly babbling haha

 

Public service announcement - This is why we don't drink and post boys and girls!

 

Luckily we traders don't have to bother about market rationality or irrationality.
And we don't get tips or info from the real or virtual pit.


We just look out for trading OPPORTUNITY based on our own analysis.