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"Sell, baby, sell" -- Did The Fed Just Set The Stock Market Up For A Crash?


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#41 dTraderB

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Posted 10 November 2021 - 06:57 PM

Just below zero line, possibly heading to test -200 zone

 

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#42 dTraderB

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Posted 10 November 2021 - 09:39 PM

GREAT TWEET to end a GREAT DAY OF TRADING:

Charlie Bilello (@charliebilello) tweeted at 9:43 am on Wed, Nov 10, 2021:
1. Stocks: all-time highs
2. Home prices: all-time highs
3. Bitcoin: all-time highs
4. Wages: all-time highs
5. Job openings: all-time highs
6. Inflation: highest level in over 30 years
7. Fed/Government: we need to hold interest rates down at 0% and borrow/spend trillions more.

#43 12SPX

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Posted 11 November 2021 - 09:26 AM

Ya saw that he put that up a while ago!  It is a scary thought this everything bubble!!  I'm missing David Larews remarks always liked going through his comments.  Thank goodness stockcharts.com has his charts still!  Got my average short at 4658 btw.....



#44 12SPX

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Posted 11 November 2021 - 10:41 AM

Not wanting to but profit stop at 4650 and will sell above, premiums still to rich....



#45 12SPX

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Posted 11 November 2021 - 10:47 AM

And filled for an 8 point profit.  Rats market is really dragging today!! 



#46 12SPX

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Posted 11 November 2021 - 11:59 AM

Back building my short at 4655....



#47 12SPX

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Posted 11 November 2021 - 12:38 PM

Was just putting on my 4650 profit stop and boom, just filled for a 5 point profit.  Will resell a bit higher!!! 



#48 12SPX

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Posted 12 November 2021 - 09:15 AM

Did a little more selling and buying around that 4655 level to 4650 last night a couple times for a total of 8 points but not official as I didn't put it up but did start my short build at 4655 going into the cash open....



#49 12SPX

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Posted 12 November 2021 - 09:40 AM

Profit stop 4649, will start selling right above!! 



#50 12SPX

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Posted 12 November 2021 - 10:13 AM

Out for a nice 6 point profit but starting my build at 4652 this time and will continue as we go along....