that would be a hell of an extreme to the upside, which will
cleanse all short holders. At that point, everyone will have
already bought, and no one will be left to buy higher.
Posted by icecoldjones on 14th of Feb 2023 at 03:35 pm
Thanks for all the input guys and plenty of food for thought!
Obviously, I'm here for some great reversion to mean trades but the
knowledge everyone shares and the discussion is well worth the
value you get!
P.S. The Community tab is accessible without logging in and I
don't think non-subscribers should get to read all the great stuff
you guys provide! Just my 2 cents!
I find it so surprising how people talk about being bullish at
the highs. How about when everyone was calling for end of the world
at SPX 3500. or when Tesla was 100.
and now when we have long term indicators also turning the
corner , we are still talking about “loading the bus”.
Basically it tells me they will be perma bears. They don’t
have trust in any business or economy. And every time we have a
50-100 point , we celebrate because one day they will be
right.
Posted by fredsaid on 14th of Feb 2023 at 09:31 pm
Well said... as for that TSLA wave 4, that was um...short like
me lol but I know one day I will be right :) hope it doesn't
have to get back to 300 before I am.
Posted by DigiNomad on 14th of Feb 2023 at 03:28 pm
4300 wouldn't surprise me, but only because the 61.8 Fib is such
a strong magnet. If we do make a run to that level, or above, I
will put on the largest short of my life (probably start with short
SPX 4600 calls).
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Except that our resident professional,
Professional Opinion RequestEveryone here has been doing this longer than ...
Posted by mastermind on 14th of Feb 2023 at 03:26 pm
Except that our resident professional, Matt, thinks that 4300 could be in play, right?
that would be a hell
Posted by junkie on 14th of Feb 2023 at 03:29 pm
that would be a hell of an extreme to the upside, which will cleanse all short holders. At that point, everyone will have already bought, and no one will be left to buy higher.
4% higher to take us
Posted by mastermind on 14th of Feb 2023 at 03:48 pm
4% higher to take us to the August highs would be a "hell of an extreme"? OK, whatever.
as always we can have
Posted by matt on 14th of Feb 2023 at 03:29 pm
as always we can have our opinions, monitor, analyze, and react/adjust to what occurs
Thanks for all the input
Posted by icecoldjones on 14th of Feb 2023 at 03:35 pm
Thanks for all the input guys and plenty of food for thought! Obviously, I'm here for some great reversion to mean trades but the knowledge everyone shares and the discussion is well worth the value you get!
P.S. The Community tab is accessible without logging in and I don't think non-subscribers should get to read all the great stuff you guys provide! Just my 2 cents!
I find it so surprising
Posted by arun on 14th of Feb 2023 at 08:55 pm
I find it so surprising how people talk about being bullish at the highs. How about when everyone was calling for end of the world at SPX 3500. or when Tesla was 100.
and now when we have long term indicators also turning the corner , we are still talking about “loading the bus”.
Basically it tells me they will be perma bears. They don’t have trust in any business or economy. And every time we have a 50-100 point , we celebrate because one day they will be right.
Well said... as for that
Posted by fredsaid on 14th of Feb 2023 at 09:31 pm
Well said... as for that TSLA wave 4, that was um...short like me lol but I know one day I will be right :) hope it doesn't have to get back to 300 before I am.
Look at all these suckers
Posted by arun on 14th of Feb 2023 at 11:40 pm
Look at all these suckers buying put options ahead of CPI expecting a “CRASH” doom and gloom
They deserve it.
I sold a ton of
Posted by DigiNomad on 15th of Feb 2023 at 01:49 am
I sold a ton of SPX calls ahead of CPI print and had my best day of the year so far, thank you very much.
4300 wouldn't surprise me, but
Posted by DigiNomad on 14th of Feb 2023 at 03:28 pm
4300 wouldn't surprise me, but only because the 61.8 Fib is such a strong magnet. If we do make a run to that level, or above, I will put on the largest short of my life (probably start with short SPX 4600 calls).