I did the opposite this morning, I went short (bought some longer terms Puts so I don't get hurt if I'm wrong).
lmao this is what the market has become. Even the most basic dips are now special and the thing is no one will ever get hurt buying the dip. You saw again today how the selling got immediately erased.
LOL as well as the overnight buying got erased. Price goes, price goes down. Nothing like overstating the obvious.
Yeah but it never goes down. Sure it might chop, but you look up an you are never more than 1 1-2% move from another ATH. It's not like the Q's would go back to 426 to fill the gap like it used to. Even if it were to do that and then bounce back here, I would say that's a normal market like we used to see prior to 2023. Now You couldn't even dream of seeing that kind of pullback.
You can thank the Fed for risk-less free money in all “Risk Assets” since 2009 The Junk Bond backing during Covid was the ultimate signal they will never ever allow markets to trade free again.
Are you suffering from some serious medical conditions? There were 3 typo errors in just one sentence.
%% Same here except used SPXU/ FRI+ today ; SPYG today+ better longs. Since he mentioned it about 20 years go, plenty of time to research that ; buy monday because it went down/Peter Lynch/Magellan, noted that , not sure if he trades that??. His wife liked L'eggs panty hose ; sort of an upside down egg [or cup shaped pattern] i I dont do that all the time, SPXU is too wild for that.
Yeah but up until the fall of '22 you would still get a good pullback and drop a few times a year. Actual directional down moves even though yes it was a strong bull market. Those moves have been eliminated and that's what most here still fail to understand. I know that bull markets last forever and stocks are designed to go up, but you can't even get gaps filled or any moves on the way down anymore. Even if it were to go down for 2-3 weeks and then hit new highs in the summer that would be normal, but what we have now is so different than any other time in history.