I've thought about that some

    Posted by mastermind on 4th of May 2022 at 09:22 am

    I've thought about that some too. Nobody plans to or wants to be a contrarian indicator, but at what point might excessive bearishness in the BPT community point to a potential turnaround rally? 

    If you're playing levels like

    Posted by timebandit on 4th of May 2022 at 09:45 am

    If you're playing levels like Matt and Steve have suggested with the hundred point daily swings, then you can lean bearish and bullish  from minute to minute and hour to hour. That said, today may be a narrrower range until 2pm, at which point all hell breaks loose

    I tend to not thing

    Posted by matt on 4th of May 2022 at 09:34 am

    I tend to not thing of this community as a proxy for the general public, but as a repository of more advanced traders/technicians.  BPT community is not representative of the public sheep and AG Edwards investing crowd - it's the inner circle man

    That is the hope, of

    Posted by mastermind on 4th of May 2022 at 09:53 am

    That is the hope, of course. And I am putting some faith in it. But trying to be flexible in my views too, as is often preached here. Honestly, the bearishness here is probably good for me, as my fault is generally being too optimistic.

    When you should get nervous

    Posted by kobie on 4th of May 2022 at 09:59 am

    When you should get nervous is when everybody starts getting bullish again.......then you load on the shorts!

    What is the NQ that

    Posted by drmolar on 5th of May 2022 at 04:49 am

    What is the NQ that you show on your charts ?

    NQ is the Nasdaq Futures

    Posted by limitless on 5th of May 2022 at 07:38 am

    NQ is the Nasdaq Futures contract.

    I respect that and welcome

    Posted by retirefire on 4th of May 2022 at 09:45 am

    I respect that and welcome constructive criticism rather than learning the expensive way.  Just trying to tread water and recover from previous mistakes 

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