That is what the old timers said to me. Even the market wizards said things were easier then, less competitions, less rocket scientists or the Jim Simons type in this game then.
Of course after I post my concerns yesterday today happens. Of F'n course. That's why it's so damn hard to ever think bearish. Every time I ever post any concern or thoughts of lower prices I always regret it. This market is always on borrowed time when it does try to go down. Always get's the mother F'n V. EVERY SINGLE TIME. IT NEVER EVER FAILS.
Easy fix, just do the opposite of what you posted, immediately. Maybe I can set up a fund, like the Short ARK ETF.
Yeah looking back, it was the worst "downtrend" I've seen if you can even call it that.Was always such a struggle to bring it down. Every day there was a V. Last Friday, Monday and certainly yesterday. We have to face reality. This market doesn't ever want to stay down. Even if the technicals turn bearish, it doesn't freaking matter. A green day like today can stay lifted all day long with very minor retreats. A down day is always fighitng for it's life and has to overcome so many pumps and V attempts. QQQ lost the 50 day MA for.3 days. This type of day is what does damage and ends a downtrend. I've seen it before. The fact that it's a full green candle (with the gap) and above the 50 day means that's all she wrote. New ATH Next. That's just what this market does. Isn't amazing how it just changes in an instant?
Up to the moon and beyond it goes. See how bullish the stock market is. DAX breaks its own record high.
"It's different this time" -vshapenis Anyway, schizo is still in the green on his call. 21,467 basis NDX. 21,238 last.