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IT TOP: almost there! BEARS capitulating, FOMO frenzy....


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#11 hhh

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Posted 03 November 2019 - 05:53 PM

And CNBC is always there to announce the money making trades because they have their viewers' best interest in mind, right, LOL.



#12 dTraderB

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Posted 03 November 2019 - 05:55 PM

One-sided Bear-porn

 

 

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    In a nod to All Hallows' Eve, here are a few scary charts. Note that they may not be representative on a weight-of-the-evidence approach. It's one-sided bear porn for a 1f631.png day. 1 / Smart money is woefully less optimistic about a further rally than the dumb money

    EIN_2WDXsAwFCQK.png
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9 / All leading to an alarmingly high probability of a looming bear market fin

EIN_4ZoWoAYXxfc.png
9:01 AM - 31 Oct 2019
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    In a nod to All Hallows' Eve, here are a few scary charts. Note that they may not be representative on a weight-of-the-evidence approach. It's one-sided bear porn for a 1f631.png day. 1 / Smart money is woefully less optimistic about a further rally than the dumb money

    EIN_2WDXsAwFCQK.png
    18 replies139 retweets359 likes
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tSZqoR8u_bigger.pngSentimenTraderVerified account @sentimentrader
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9 / All leading to an alarmingly high probability of a looming bear market fin

EIN_4ZoWoAYXxfc.png
9:01 AM - 31 Oct 2019


#13 dTraderB

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Posted 03 November 2019 - 07:41 PM

Buffet, and I, are missing out on this big rally. 

 

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'Buffett was a net seller of stocks in the quarter taking his cash pile to an "obscene" $128 billion.'

 



#14 dTraderB

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Posted 03 November 2019 - 07:42 PM

Kerberos007 Retweeted Damian_197

Yep $COT for $VX fut Another new record in net-short by the large specs & leveraged funds Unwinding of these net-short positions would be as catastrophic as Feb 2018 #Volmageddon 1f60e.png Plus massive $TVIX short interests Short vol folks perceive no risk in near future. Hmmm 1f926-200d-2642-fe0f.png



#15 Harapa

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Posted 03 November 2019 - 10:06 PM

TVIX not yet ready.


My comments are for entertainment/educational purpose only. All posted trades are fake (aka. paper) trades.


#16 K Wave

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Posted 04 November 2019 - 09:01 AM

With today's action, should be no doubt about the breakout on NYA by the close


From here it goes to somewhere between 13,600-800, and then a good chance at a scary pullback that DOES NOT take out 13,250 downside, and then off to the races upside again, in an accelerating fashion....

 

The OCT low is in, and should be fairly smooth sailing until next April....

 

All that said, a failure to hold 13,250, and then a subsequent break under 13,000, would likely mean breakout/fakeout, and something very wrong with bull case.

But right now, NYA looks like it is about to explode upside in a possibly parabolic blowoff after a mutli-year consolidation.


Edited by K Wave, 04 November 2019 - 09:02 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#17 Waver

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Posted 04 November 2019 - 10:03 AM

Yea it is truly a major break
BTFDs

#18 12SPX

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Posted 04 November 2019 - 10:19 AM

i find it interesting that no one thinks this could be a fake push higher. I'd rather wait and see after a measly -2% pullback which would make sense to test prior highs. Generally healthy markets will rise about here then retest to make sure its real.  this last move doesn't feel healthy to me.  



#19 Waver

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Posted 04 November 2019 - 10:21 AM

Last week the SP500 and the NYA tested the precious highs and have rocketed higher

#20 12SPX

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Posted 04 November 2019 - 10:46 AM

i find it interesting that no one thinks this could be a fake push higher. I'd rather wait and see after a measly -2% pullback which would make sense to test prior highs. Generally healthy markets will rise about here then retest to make sure its real.  this last move doesn't feel healthy to me.  

In my view it doesn't count as it basically just went through old highs, kinda touched it for a few minutes within the rally higher.  Markets been basically up since 2900 and even has a gap around 2950 moving through old highs.  Now that its gone through and well above say around 3030 level it would be healthy to test it to make sure this is a new rally otherwise I guarantee there will be a huge downward move to come.  Healthy markets go up and down to consolidate.