We've seen the bottom, up from here

Discussion in 'Trading' started by themickey, Jan 28, 2022.

  1. 99% of all investors are getting smoked

    only 2 % are admitting it in public
     
    #161     May 6, 2022
  2. %%
    Looks right\
    SPY sure is holding the line,downtrending below 200dma line mostly + below 50day moving average line.
    The good news is plenty of inverse ETFs making good uptrend$ [profits off SPY,QQQ......downtrends]+ bear moves.........................................................................:D:D
    NOT a prediction.
     
    #162     May 6, 2022
    KCalhoun and Axon like this.
  3. Nine_Ender

    Nine_Ender

    You seem to be delusional. Any decent investor has done no worse then give back a portion of their gains in 2021.
     
    #163     May 6, 2022
  4. themickey

    themickey

    About a month or so ago, for about 2 weeks, was having my best run EVER.
    Ok, so some of that has been peeling off, no big deal.
    burn-food-hot-smoke-fire.jpg
    If you can't stand the heat in the kitchen...

    Right atm, buying bargain stocks nearly daily.
     
    #164     May 6, 2022
    murray t turtle likes this.
  5. KCalhoun

    KCalhoun

    Anybody still holding stocks in this bear market wow. I'm curious, how much further does it need to go down before you sell?

    S&P what level?
     
    #165     May 6, 2022
    murray t turtle likes this.
  6. themickey

    themickey

    My opinion, the bears are too afraid, they see this mkt not as a correction but as some kind of calamity with worse to come.
    I don't see it that way.

    We are in May, yup, this is the period until November where generally the mkt underperforms. Just a fact of life.

    As usual, many investors overreact and dump stocks, great, the more dumping the better because I get a better price to buy.

    Energy has been good, metals good, just need to avoid the trash stocks.

    The large problem with investor trading, at the tops getting out too late, at bottoms getting in too late.

    From my analysis, this 'bear mkt' is not severe.
     
    #166     May 6, 2022
    Nine_Ender likes this.
  7. The one thing is .... he a putz
    upload_2022-5-6_17-21-5.png
     
    #167     May 6, 2022
  8. Only a man with zero stocks would say that . Congrats[[/QUOTE]
     
    #168     May 6, 2022
    murray t turtle likes this.
  9. Overnight

    Overnight

    Just be sure to not catch the falling knife?

     
    #169     May 6, 2022
  10. %%
    Holding stocks [ or ETFs]??
    Something like that, but they hit my profit stops on UDOW,UPRO..... Fed day vol.
    I scaled out of my longs \losses sooner in year:D:D
    Actually I agree with Mickeys Headline =UP From Here: With Inverse ETFs.
    Bear markets are good for Up trending inverse ETFs/LOL:caution: NOT a prediction\200dma trend.
    [Another way to make millions in market/ buy SPY...... every month for 40 years.]
     
    #170     May 6, 2022
    KCalhoun likes this.