Yeah, Sell in May is the dumbest thing ever. This May is going to set a record .Even getting a red day in this particular May is near impossible.
it might go to ATH it might not, i don't know. But if you are selling during the month of May, you are going to be very happy by new years time in my mind. Armaggedon is coming.
I am not short yet. I did say to myself yesterday that the context was now to SHORT STOCKS.. But then today i did not jump in on that dump (am not that good). Maybe would have gotten screwed as it reversed pretty quickly anyways. If you are trading short term you can only go with the trend or else it's like pissing against the wind. Here i am not speaking about short term, but larger timeframes (months), which are good for selling IMO.
I legit want to know how/ why you feel this way! I’m for real. How can you possibly feel this way about “Armageddon” when it’s impossible to bring this market down! for real! I want to know what you’re seeing that I’m not, because I for the life of me don’t know/ see a way how this maker can ever go down.
LMAO... From my point of view, he talks just like you. He's a permabear and you're a permabull. He gets high on "Armageddon" and you get high on "V reversal". Whatever. Anyway, I expect another reversal coming in the next few days (remember that chart?).
I said that there are a lot of uncertainties and market hates uncertainties (Taiwan, middle east, banking crisis,... I don't know what it's going to be, but something that causes panic) What happened during Covid? How could the market go down then? It can go down in these sharp dumps when even the almighty printer can't catch up. And the sentiment alone is the indicator. Basically everything is inversed right now. A reset is desperately needed. Something is going to break, something is going to break...