%% I see your points; + we had a brief bear in FEB/mar==[-20%+ downtrend in SPY] QQQ was worse than that %.Late SEPT tends to be bearish.Stock Traders Almanac[Hirsch] tends to be conservative in data.I'm ultra conservative myself/but not with data.They average bull + bear markets together/fine. But I dont do that that way; even though when you average all together; makes moves more mild/LOL
%% Calling any stock market ''risk free'' like he did, because of FED= Bullspit; they never have stopped a bear yet......................................................................................Sure QQQ/SPY is a good uptrend; no way risk free.
Never mind market crash theories, concentrate on one thing - trading the trend which is up. Only incompetent traders/investors/bag holders need worry about a crash. If you have any nouse (like a mouse), you'll be nimble footed.
Can't blame ya for riding the horse until it dies. Just make sure you are sitting near the exit when the plane catches fire...
Yeah, I get that. 90% of the folks here are all saying the same thing, and yet acting like they are somehow unique in their view
I thoroughly enjoyed selling highs this year, had been doing so for nearly 3 years/hedged. Nothing has changed, resumed selling Index highs/hedged, will keep dividend stocks and when topping structure takes place, stocks get hedged to keep open profits. Volume looks horrible on new highs, nothing goes ballistic for long. People, need to save emergency cash for 3 years in case of depression happens, very ripe for this to happen, should of let happen in 2008 and not bailed out banks. Best bank is fire proof safe at home. Gold coinage keeps value, time to dump real estate rental houses now. Let's see if you can pay mortgages with no rent coming in and can't evict them like now. I think it was Chile number of years ago of hundreds percent inflation, they printed money too. I will continue to buy stocks willing to go up, but they not long term holds, I have witnessed these patterns before in my time. Cash is king.
Every oscillator has shown “overbought” for the last ten years. And you’ve been saying that we’re going to zero for the past five. It is incompetence to “time” the market without price confirmation. The Risk/Reward is shit.
I know some traders that are long NASDAQ - short S&P 500 as a weighted spread. Most have already cashed out, it’s been one of the best paying inter market spread bets I’ve seen in a long time.