So whats up with this sell off 9-20-2021

Discussion in 'Trading' started by Rickshaw Man, Sep 20, 2021.

  1. Wow you guys are still bearish even with this bright green - I hope you are right! Need to buy some stuff.
     
    #131     Sep 22, 2021
    David's faith likes this.
  2. Don't be surprised if we hit all-time highs by 3 quarter-end next week. The FOMC can not do anything but talk....Just watch, Powell will say inflation has peaked and will start dropping in 2022-2023, some bull shit like that.
     
    #132     Sep 22, 2021
    David's faith likes this.
  3. Nine_Ender

    Nine_Ender

    Imagine if you had as much long bias as you have short bias and this morning happened. It would be Ca Ching Ca Ching, nice gap up in TQQQ, markets are going to the moon, ... .
     
    #133     Sep 22, 2021
  4. KCalhoun

    KCalhoun

    There may be some initial volatility starting right after 2, in 20 minutes or so, followed by main volatility at 2:30. Remember there's always a three wave response, the initial response, then a counter-trend move, then the major move starts usually around 3 p.m.

    Good hunting :D
     
    #134     Sep 22, 2021
  5. Also, Powell wants to keep his job so expect a bunch of lies.
     
    #135     Sep 22, 2021
    SPX Options Trader likes this.
  6. Wow, its going still higher...
     
    #136     Sep 22, 2021
  7. destriero

    destriero


    I'll bet you 50K against your 10K that that doesn't happen (NH touch on SPX cash). Must be agreed upon by midnight tonight EDT.
     
    #137     Sep 22, 2021
  8. newwurldmn

    newwurldmn

    I’m pretty sure that if I knew the news ahead of time I could make billions on very little capital. Just because you suck at trading doesn’t mean the rest of us do.
     
    #138     Sep 22, 2021
    ChipShotTrader likes this.
  9. Lol. Ok keyboard warrior.

    Billions in your SIM accounts would in fact be impressive though.
     
    #139     Sep 22, 2021
    SunTrader and SPX Options Trader like this.
  10. newwurldmn

    newwurldmn

    Easier than just trading on the random prices of a million market participants.
     
    #140     Sep 22, 2021