2018 all over again. The bottom of any equity index is zero. But that cannot happen. So any point between 1 and current SP level is the low. BAM!
Same Shit, Different Day. I am not worried, because I believe in the US economy. Perfectly encapsulated here as a video analogy. It is darkest before the dawn, or something like that.
Ken, why do you trade SPXS and SPXU at the same time? It's basically the same instrument, moving at the same speed, and your trading size certainly couldn't be a factor in your decision. Why not just trade one over the other?
So: I said 12,939 on the Naz, the real low was 13,706, I was off by 5.6%. Hilmy83 said 4250 for the SP500, low was 4212.75, off by only .876%!!!! Handle123 is sooooo far off its not even funny. So is cocinnity. fan27's number was a good bit off. volente's numbers off a good bit too. So, so far Hilmy83 is the clear winner. I know, I know, we have many more months in 2022. But let's be realistic, we are only going higher from here. So Hilmy83, congrats, you are the almost certain winner of this contest!!!
Bro really? Mine was a joke. I am a trader, not a perma bull or perma bear. I was super bearish the markets, but to be fair if you read the thread I am posting in. I turned bullish at near the perfect time. Didn't front run it, waited for confirmation and started leaning towards intra-day longs.