This is a very good thing, but do not jump to conclusion just yet. Low could easily be retested, and it needs to hold or else.
Well shorts only get burnt if they do not use a stop loss to protect their position/trade. There is nothing wrong with shorting the market. I shorted the market last week and lost $100 as well. You can only follow your trading plan. However, as for long term buying stocks, an investor should be buying good companies on sale in increments, not all in once.
well at least I did not advocate going all in when market was ATH and giving personal guarantee. And then almost right away see markets drop 30 Percent. This made you looks like a complete fool and noob.
the race is on... get a 5th mortgage or something, how many lenders out there are offering 0% loans... load up the QQQ! free virgin trade is on again.
what do these numbers even mean lol.... people like to pull numbers out of thin air, based on some strnge things in their head like trendline ma or idiot waves whatever shit that the market doesn't even care about..