Is this a bottom have i ever seen one. There is no such thing as free money or a certainty in trading, but buying SPX at 2300-2400 is like picking money from a tree. Just look at the panic + weekly SPX chart is going to paint a bullish SFP pattern and a doji at the same time. Buy now, hold till end of week , potentially until end of month(March) and thank me later. Look at this comment, timestamp this thread and check back in a week. When all hope is lost, market finds a bottom.
The market dropped 8 % below your prior bottom call. Anyone buying your prior bottom would currently be in the red.
If the chloroquine+azithromycin combo is anywhere near as effective as reported, it could well trigger a V-shaped recovery to ATHs. Shortest bear market in history?
I was calling the tops at 3200, but we went to 3400, and now we are at 2300. A lot of people were laughing for a month. The 2700 call will be in profit soon. I did not buy though, i was waiting for a buy signal but i was turning bullish - i had been looking for long signals but market kept going down, farther than i expected. I don't buy until i see what i like. And now I AM buying 2300-2400. A lot of you are shorting here and there's a margin call awaiting you next week. If i don't get lots of salty comments, i am probably wrong.
We really need to get more serious about finding the exact tops and exact bottoms. Maybe even an entire sub section dedicated to that. I was thinking about focusing more on what it takes to be profitable and consistent every day in and out, but honestly that seems boring.
Nobody on here is profitable, so why would you want to discuss that? But like, i am giving you some really good calls here, the bigger picture which most of you are too stupid to fathom. You can't trade the calls and often it's far better not to have any bias, but i am giving you a nice context, that the bottom is going to bounce by end of month, and everything so far is pointing in this direction. The IQ of the average poster on here can not comprehend what i'm even saying though(judging from my previous posts), so i am not sure why am i even bothering. Will probably quit. Yeah made the decision, this is my last post on there.
Geez, I am just having some fun. If you can't even handle these forums how do you handle the markets?