@Blue_Bear, this guy must listen to warren buffetttttttt to be that dumb. you realize you just said spx will go up 40$ in 3 months lol....
TradersAIDotCom
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@Blue_Bear, Quant based analyses have nothing to do with emotions - scared or greedy :). I have no idea what SPX is going to do in the future nor am I forecasting it (note the "might", and "irrational exuberance" in my words). Based on empirical probabilities, I was thinking that the "irrational exuberance" might continue. And, as you can see, it is continuing into today already. The reasons could be as simple as thin liquidity and market makers chasing the weak stops and may or may not have anything to do with the fundamentals justifying the valuations on the index at these levels. But, markets can stay irrational for longer than most retail traders can stay liquid. So...look for confirmations of your convictions, and then jump into the trades. That's just common sense wisdom from many pros.
Blue_Bear
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@TradersAITradingPlans, did you go to MIT? go back to math class
TradersAIDotCom
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@Blue_Bear, Have a good day and a great 4th of July! :))
TradersAIDotCom
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@Blue_Bear, btw, as of current or past popular rankings, MIT ranked below the University I went to in Finance. Does that make what I say any better or worse? Relax, dude.
Blue_Bear
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@TradersAITradingPlans, haha I called it.... god please shew fly shew
TradersAIDotCom
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@TradersAITradingPlans, (this response belongs in the thread below - not sure why it got posted here)