Funny, you forgot to mention that a year ago, or in Q4 2018, when you vanished. I'm still long, man. How you doing? There is zero risk? Do you have the guts, still, to believe in your own theory?
Yes, this could be the 24 hour accessibility of the market. There are a lot of opportunities traders explore by trading overnight.
The quiet in here today is deafening. At least Rick closed his longs at the cash open, where the market continued to tank, and is now likely to do so into a large correction because there is no such thing as the PPT, and there is no saving the institutions from the mad hatters over on Reddit. Come on, Rickshaw, man! Take a 20-30% ride into the abyss with me, see what zero risk free $$$ is really all about!!
@Rickshaw Man Are you taking the ride down with me? The zero risk forever free money? I'm down only 550 points or so on the NQ, and 800ish points on the YM. How you doing on this ZERO RISK MARKET, RIGGED TO THE UPSIDE?
See now, that is Cricket. That is much more positive a meme than the crickets chirping on this thread because let's face it, Rickshaw's method has utterly FAILED in the biggest way this week. Buy the cash close, sell the cash open. Uh huh. If he followed his plan to the letter, he'll be at BE at the same time as me on my buy and hold, if and when the market recovers by June 2021. It'll be a miracle.
Update for week 4: 8,25; 9,75;-36,50;+ 18,25;-19,75 => -20,00 points for the week. YTD: + 2,75 points. So far this year, 19 trading days, we have 11 gaps up and 8 gaps down.
Oh look the stock index futures are up overnight...SHOCKER! DO NOT IGNORE THE DATA....STOCK INDEX FUTURES RISE OVERNIGHT 79% OF THE TIME. 90% OF ALL U.S. STOCK INDEX GAINES COME FROM THE STOCK INDEX FUTURES RISE OVERNIGHT.
Nothing has changed, stock index futures rise overnight. Stocks gap up on the cash open. Indexes then rise or fall a bit throughout the U.S. cash trading session. Wash rinse repeat...same thing over and over and over. Do stocks gap up everyday, NO.