the top is in

Discussion in 'Trading' started by remoteControl, Jan 30, 2021.

  1. treeman

    treeman

    People who have missed out, people who have lost money, and people who call tops all hate a good bull market. If you hear anyone complaining about the bull market, it's because they can't figure out how to make money in it and they listen to their ego, which is telling them things should be working differently. Just trade the market. Your worry based ideas of where it should go are meaningless.
     
    #181     Mar 1, 2021
  2. so treehugger, when do you think this bull market is going to end? if you don't mind to give me some numbers or something I can chew on.
     
    #182     Mar 2, 2021
  3. Nine_Ender

    Nine_Ender

    Wrong; were you not alive in the 1990s ? Valuations are cheaper now then they were in the late 1990s. The numbers don't lie but posters like you do. It seems you hate any trader who doesn't carry that overhanging doomsday attitude of yours that prevents you from fully taking advantage of the bull market. Better though then 2009-2018 when you clearly were losing your shirt trying to short it most of the time.
     
    #183     Mar 2, 2021
  4. Bad_Badness

    Bad_Badness

    Yeah reality can really beat up your ego. These threads are like Latin soap operas. While people are posturing and making predictions, trade after trade are flying by. Markets go up, down or sideways, isn't that enough for a trader?
     
    #184     Mar 2, 2021
    bone likes this.
  5. S2007S

    S2007S



    From MAY 2020


    The stock market is pricier than it’s been since the dot-com bubble, even as earnings forecasts continue to plunge
    Published: May 9, 2020
    at 1:57 p.m. ET
    By
    Chris Matthews
    108
    The S&P 500 index is trading at more than 22 times forward earnings






    https://www.marketwatch.com/story/t...nings-forecasts-continue-to-plunge-2020-05-06

     
    #185     Mar 2, 2021
  6. bone

    bone

    Oh yeah, all caps - that will make your point. o_O

    Fighting markets is for retail chumps. You trade the market in front of you.

     
    #186     Mar 2, 2021
    noddyboy likes this.
  7. S2007S

    S2007S


    Yep and when it's down 33% we'll after the fact is when people start saying yep we have finally seen the sell off.
     
    #187     Mar 2, 2021
  8. noddyboy

    noddyboy

    Honestly who cares. Do you desire a pat on the back so badly? Just make money, buy a Tesla or something.
     
    #188     Mar 2, 2021
  9. bone

    bone

    You've been posting since 2009 that the market is overbought and due for a selloff. But you don't spend any time reflecting on the source of your message. The world is wrong and you are right. It is just such a counterproductive frame of mind for trading successfully.

    Real professional traders don't wait for a market to sell off 33% before they realize it's a bear market. Your hyperbolic frenzy is infantile. If the market is selling off they sell. Traders made plenty of money the last week in February 2020 and the first three weeks in March selling the market. And since April the good traders have been buying.

    What happened in March of 2020? Buyers came in. We were faced with a pandemic, offices and businesses closed, negative oil prices - and buyers came in. The world was going to hell and they let it sell off between 23 to 25 percent off the highs and they bought it up.

     
    #189     Mar 2, 2021
  10. Nine_Ender

    Nine_Ender

    Should we go back to your posts in March just before the market went up far more then 33% ? How about in 2016 when you said we'd go down 40-60% and instead we went up 50% in around a year ( that's a 90%-110% mistake hard to do with indexes but you managed it ). How about April 2009 when you said markets were going to go down hard ?

    Literally you are on the wrong side of market moves more then anyone on here.
     
    #190     Mar 2, 2021