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Bullish? rangebound? minor correction? or dreaded doomsday scenario?


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#11 kinga200

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Posted 26 July 2021 - 12:45 AM

Fed continues to buy, expanding balance sheet, to record levels. SPX at record levels. Eventually it ends badly but until they stop or the world stops seeing value in US it doesnt stop. Fed cant stop

Question. The Fed cant legally buy stocks out right. BUT the primary dealers can. Thus QE after the sub prime. Back then buy junk from primary then instruct to buy the market with it.

There are other times with this liquidity play. We will see. But I stand it will end soon. Then massive drop. I thought maybe 30-40%. Now 40-50%. Then the washout. And imho the longest bear in history.

Im 57yrs and Im not really worried about my baby boomer class. Its my kids n grand children.

THIS is a dangerous game. Even back during sub prime Big Corp was being bailed out? I remember when America used to let fail. U cant keep supporting a no recession with debt. What in history a recursion occurs at least 7yrs. None in the last 13yrs?

Japan tried this. Gov buying into the market to keep it proped up. As well remember Japan market was increasing n they were buying real estate in America in the 80s. Google it.

So now China. The Yaun.. we have no idea what that is worth. Its not publically traded.

The reason why the dollar will be the worlds currency IS we spread the love. U think we give out billions n billions to countries all over the world Bc humanitarian. NO we want them to use it n keep using it. Again spread the love.

Think about all this.

#12 12SPX

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Posted 26 July 2021 - 08:33 AM

Isn't that interesting, we fell right to my sold area and bounced overnight!  Think volatility will begin to kick up as this week goes by, still holding my short at 4385, may still add some more if we continue up! 



#13 12SPX

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Posted 26 July 2021 - 09:33 AM

Adding, average short 4388...



#14 12SPX

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Posted 27 July 2021 - 08:15 AM

Quiet board, market continuing its non existent volatility to new highs lol!  So healthy, not, average short now 4391.....



#15 dTraderB

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Posted 27 July 2021 - 09:18 AM

MUST open 2nd ES & NQ hedges, LOADED with SPY & QQQ PUTS, finally NAT GAS SHORTS are partially profitable, will lighten

What a HECTIC market!   Markets will be going down but I have to follow the system even if I delayed a few minutes.

 

4388.25

14965

 

 



#16 12SPX

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Posted 27 July 2021 - 09:34 AM

Was just placing my profit stop when it was hit for a 2 point profit at 4389 but am already reselling with an average now of 4393....Looking for a longer hold now with this build! 



#17 12SPX

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Posted 27 July 2021 - 09:59 AM

Profit stopped out again for a 4 point profit, starting to do another short build at 4393....



#18 dTraderB

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Posted 27 July 2021 - 12:30 PM

The CHINA factor -- could crash this market

Obviously, the Chinese are playing hardball but many have underestimated the US and paid the price

 

Profit stopped out again for a 4 point profit, starting to do another short build at 4393....



#19 dTraderB

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Posted 27 July 2021 - 12:31 PM

Holding all PUTS & HEDGES, for now, got time on my side with OCT PUTS

 

May buy XLF etc but only if it drops more than 25% from recent highs



#20 dTraderB

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Posted 27 July 2021 - 12:32 PM

also holding NAT GAS SHORTS ... give it more time to drop another 5 to 10%