stelakis

insanity - again

Long
SPCFD:SPX   S&P 500 Index
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0
That was it? A days blimp? However, we are not traders to prove the market wrong, the market does not care what we think. So, just reacting to the data, we know that now we have a bitcoin like mentality where ma and pa want in stocks.... but is this a good entry point? BY FAR NOT...but the markets go up and up.. so what do we do? What I do is scale in, just to participate... at this point the risk/reward ratio is not favorable.... so small amounts in with tight stops... the trajectory of the indices is not sustainable as we are looking at a 100% return in SPX alone by year's end at this rate....

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