13 replies to this topic

[da_cheif]

under 20% bulls   snort

 

 

[12SPX]

Always easy being bullish after a rally lol!!  No one will beat Mark Haines calling the literal bottom in 09 where he inspired me to get in at 667.  I didn't hold all the way up though as that would've only been 3792.45 points as of yesterdays close and that would have left so much money on the table over 23 years lol!!  Also sold puts strongly and that was an easy win for months with premiums so rich you were making months of trades in one...Similar to the 2020 bottom, hopefully we'll see that again as real option prices are indicating bullishness starting to get a bit rich!!! 

[OEXCHAOS]

Amateurs and pros Bearish on essentially choppy action.

I can't view that as anything but Bullish. The SH has a ton of net new shorts over the past two months, too.

[OEXCHAOS]

Chart

https://schrts.co/BFjtwqbQ

[MikeyG]

IWM solidly red now. 

 

As much as I root for the American Dream and economy, I do not want to blind by the fact that at 3% ten year, the current 4500 on SPX price makes zero sense. 

Edited by MikeyG, 21 April 2022 - 10:24 AM.

[12SPX]

oops bad timing lol

[gismeu]

IWM solidly red now. 
 
As much as I root for the American Dream and economy, I do not want to blind by the fact that at 3% ten year, the current 4500 on SPX price makes zero sense.

So are you saying the SPX is too high for 3%?

Thanks, gis

[MikeyG]

IWM solidly red now. 
 
As much as I root for the American Dream and economy, I do not want to blind by the fact that at 3% ten year, the current 4500 on SPX price makes zero sense.

So are you saying the SPX is too high for 3%?

Thanks, gis

Yes

[tradesurfer]

Watch the sky ? Or watch the floor

Seems like we are about to take a big dump

[pdx5]

IWM solidly red now. 

 

As much as I root for the American Dream and economy, I do not want to blind by the fact that at 3% ten year, the current 4500 on SPX price makes zero sense. 

That 3% will be at 5% before year end.