I had some profit early this year by standing on the shorts side but now I'm giving out all my gains because of the recent fed pumping.
I'm still on the shorts side but have to confess that the recent market move is more favorable for the bulls. (I'm still holding my puts and haven't cut loss yet)
Big_Eezy
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@victorhuang15, Forward P/E of 20.1x is not favorable for anyone.....that is higest forward P/E since 1999. This market has 0% chance of not heading to the 2200 range unless a vaccine is develped. I think the end is here.
victorhuang15
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@adengrp I'm with you on the P/E side but sounds like the market is moving regardless of the fundamentals.
chrisarksey
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I'm so bearish but I feel like this is a trap...goog up, amd down...but somehow tomorrow will be an inside bar and close strong
leftbrained
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Better late than never but haven't been caught in bear traps a couple of times now, I guess I'll believe it when I see the decline. I hope we don't make another run in the 290's~300's next week.
reshmi_chauhan1
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Excellent
DustinSkeleBones
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@jennifer21, refer to my last idea and then say excellent ;)
VietBlockChain
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what phase of wyckoff like this?
saing01
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Look like an overshoot and a failed rally today or maybe they do it tomorrow.What are u expecting on volume to indicate on downside ?
I'm still on the shorts side but have to confess that the recent market move is more favorable for the bulls. (I'm still holding my puts and haven't cut loss yet)