You're right. Good points. But to be fair, a solid trader would have been stopped out a few times before catching the bottom, rather than riding the loss down to the bottom. (Of course, one couldn't be all in.) So the total heat would have been much less than a thousand points.
Though it wasn't perfect, I appreciate the public call. I was curious as to how you arrived at your prediction, if you don't mind sharing. Thanks.
The call wasn't that original either. "the time to buy is when there's blood in the streets." Said by Baron Rothschild, in the 18th-century Many traders are aware of this saying as it applied during both Gulf Wars. I remember it well from 2003, i was short SPY in march 2003 and they rallied the markets as soon as the invasion started.
The main problem with the call was the generic buy QQQ idea. QQQ was never a reliable way to play it imo. If one insists on trading US indexes, the SPX behaved rather well and the buying seemed to always occur from the same floor. But certainly it was a far better call then all the guys on trying to short the bottom at the time. I used the SPX as a rough indicator this year when we may see a wave of big buyers come in on everything. If I'm going long on a reversal trade I'm not going to go long the weakest sector. But OP can be congratulated for going against the crowd when negative sentiment was huge and many quality stocks got oversold.