There is still time, the next turning point is on August 9th, +/-1 which is a Saturday, so it could be early by a day. As usual wait for confirmation before shorting. Posted on 7/24
Good Morning v-shape-0DTE, Preach brother preach brother. You are the smart man on ET forum/website. Very easy money to make in the markets if you just buy the market for the long term.
Haha. The last 3 have failed. No turning points on some mythical date you speak of. We are still making new ATH almost every day.
Yet there have been around 45% down/red days this year, which I think is fairly typical for bull markets. We just don't make your kind of retarded posts every time there is a down day.
It's not a retarded post. Go look at it From April 21st on and especially May, June and July. The same shit happens every day. The market isn't going to go down. It's sad I have to defend this when no one else here lives in reality. IT"S NOT GOING DOWN, OK. There hasn't been a 1% down day since June 13th. We may not see one for a long time, at least until September. I'm not kidding when every dip gets bought on the spot. There is either Up or flat and eventually it goes up and hits new highs, but going down doesn't happen. Yeah you get 1 red day of -0.2% a week. Some red that is.
You said that early on in the year and were totally wrong. Odds favour another sell off this year, most probably won't be 20% like the last one in April, but there is good chance there will be sell off at some point. Probably between 5% and 10% to the downside, my guess sometime in the last four months of the year. The bull market is still intact so any such dips should still be bought.
Listen to what Mark Twain said, there is no point in arguing with stupidity. He's still acting like that more than 20% drop didn't happen earlier this year, weeks after he said it would never go down 20% again.
No one cares about the beginning of the year. That is so irrelevant now. To bring it up is just silly. We are not getting any of those dips. The only guarantee is the Q's hitting 600 and likely by the first week of September. Just remember a 5-10% drop is 28-56 dollars of the Q's. It aint happening. NO CHANCE.