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BULLISH BIAS.... irrational exuberance, BEWARE!


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#41 alexnewbee

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Posted 08 December 2020 - 11:41 AM

Could be, I'd rather just do short trades on this last leg up, could easily wake up to a -2% morning anytime for no real reason as everything is at extremes and so unhealthy. 

early = wrong.


"we do G.d's work" Lloyd Blankfein

#42 jacek

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Posted 08 December 2020 - 11:46 AM

 

Could be, I'd rather just do short trades on this last leg up, could easily wake up to a -2% morning anytime for no real reason as everything is at extremes and so unhealthy. 

early = wrong.

 

Why wrong?

Each of his posted here real time trades was profitable, since march or so.


Edited by jacek, 08 December 2020 - 11:48 AM.


#43 12SPX

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Posted 08 December 2020 - 11:48 AM

Ya Really, markets up and I've made 16 points shorting it so far today how is that wrong??



#44 12SPX

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Posted 08 December 2020 - 12:04 PM

Average short back to 3692 once again, sit on this for awhile....and back up near highs and my Jan. 3800 call sell is still sitting with a $4 profit.  Just in case gonna put a profit stop on it at $35 and will resell it above.



#45 12SPX

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Posted 08 December 2020 - 12:57 PM

Average short now 3695....



#46 alexnewbee

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Posted 08 December 2020 - 01:07 PM

Average short back to 3692 once again, sit on this for awhile....and back up near highs and my Jan. 3800 call sell is still sitting with a $4 profit.  Just in case gonna put a profit stop on it at $35 and will resell it above.


3700 now - so where is the profit?
If I short now, I am 8 points better then you. That's why early is wrong. Hai capito?
"we do G.d's work" Lloyd Blankfein

#47 12SPX

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Posted 08 December 2020 - 01:38 PM

 

Average short back to 3692 once again, sit on this for awhile....and back up near highs and my Jan. 3800 call sell is still sitting with a $4 profit.  Just in case gonna put a profit stop on it at $35 and will resell it above.


3700 now - so where is the profit?
If I short now, I am 8 points better then you. That's why early is wrong. Hai capito?

 

Your sure not making sense, if you read my prior posts I'm up 16 points on the day and am in one now at 3695.  If I waited to short till 3700, I'd be showing a loss doesn't make sense.  Watch and see how this turns out maybe it'll make sense then...weird gotta say.....



#48 alexnewbee

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Posted 08 December 2020 - 01:49 PM

 

Average short back to 3692 once again, sit on this for awhile....and back up near highs and my Jan. 3800 call sell is still sitting with a $4 profit.  Just in case gonna put a profit stop on it at $35 and will resell it above.

3700 now - so where is the profit?
If I short now, I am 8 points better then you. That's why early is wrong. Hai capito?
 
Your sure not making sense, if you read my prior posts I'm up 16 points on the day and am in one now at 3695.  If I waited to short till 3700, I'd be showing a loss doesn't make sense.  Watch and see how this turns out maybe it'll make sense then...weird gotta say.....

Yes, the black is the white. :)
"we do G.d's work" Lloyd Blankfein

#49 12SPX

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Posted 08 December 2020 - 02:06 PM

It must be 5:00 somewhere lol!! 



#50 gm_general

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Posted 08 December 2020 - 02:31 PM

Lotsa charts from Lance

 

https://www.zerohedg...rket-exuberance