Nasdaq up 37% in 6 weeks . Has to be a record move for 6 weeks

PE’s are meaningless with never ending TRILLIONS in stimulus, Zero interest rates, and a Fed who will even buy Junk bonds to keep the house of cards standing.

Don’t try to make sense of it.
It is what it is

 

Your point "you always must trade what you see not what you think" is so fucking right, bravo and thanks, sincerely. That's one of the most brilliant things I've heard in my life, totally agree. Words to trade and live by. I'm gonna remember that.

 

The thing is in middle of the February if you traded what you see not what you think you would be all-in at 3400 S&P

 

Did he get banned for saying that?

 

We've all being saying it, he left for zen study or something nutso.

 

If you traded what you saw you would have been trading long most of the previous 3 months and killed it.Sure you would have lost the day we turned down then you would have reversed to the short side and murdered it . Sure you won’t win 100% of time but you’ll win most of the time .When you fight trend especially short it makes you bitter and angry. Then when the time to short comes you've lost your confidence and miss it .