Agree. Just went through and sold almost everything yesterday. Will wait for ~20% correction for most solid long-term holds.
Tulip06
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Nice idea
DaddySawbucks
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Agree reversal imminent, RSI diverging, volume diminishing, yes there was squeeze, and more Tuesday, but Monday morning pop from weekend market orders placed on Robinhood, executed on open; 3m new accounts this month! WOW...!!
Damnn almost right but today gapped up, seems comparison is no longer valid. Good attempt at the last few calls!!
antrap77
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@poister198, It will reverse later today or tomorrow. Short squeeze might come in again but take a look at VIX...has not been decreasing proportionately to increase in s&p
I believe comparison still valid :-)
dudebruhwhoa
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@antrap77, Agreed - so many are short that this squeeze could bump it up significantly, expect the unexpected.. followed by a crash that may rival 1929 and 2008. 2008 double top didn't go down as much as it should have, we've risen artificially, twice now, and are in an ascending broadening wedge with no real movement towards the bottom of the channel since March. Economy has gone the opposite way of the market fundamentally, dollar is inflating rapidly, volume is going down as we rise.. etc, etc.