Not to change subject a little, but man this seems to be holding true again!
aggiepaintrain said:
what's after year 18? Pain stage ?
aggiepaintrain said:
what's after year 18? Pain stage ?
Its very common for new traders (myself included starting) to try to and catch the big "home run" move only to see a nice gain evaporate. My profit improved dramatically when I stopped trying. If I can catch 20 points out of a 60 point run I am ecstatic: small, steady wins add up
— Adam Mancini (@AdamMancini4) May 8, 2022
BrokeAssAggie said:
I'm getting my meat ready for Mother's Day.
We both know that they mean jack right now, but I'd rather wakeup to limit down and get the capitulation from retail that usually happens during corrections. This slow bleed drains me, just rip the f'ing bandaid off already.$30,000 Millionaire said:
Gap down on futures. You don't see it to this degree often. Let's see how long the gap fill takes.
ProgN said:We both know that they mean jack right now, but I'd rather wakeup to limit down and get the capitulation from retail that usually happens during corrections. This slow bleed drains me, just rip the f'ing bandaid off already.$30,000 Millionaire said:
Gap down on futures. You don't see it to this degree often. Let's see how long the gap fill takes.
The man speaks the truth. I'm not calling a bottom but imo, we need capitulation before we get there.$30,000 Millionaire said:
Guys, no offense, but none of you knows anything about when the bottom is. None of us do.
ProgN said:The man speaks the truth. I'm not calling a bottom but imo, we need capitulation before we get there.$30,000 Millionaire said:
Guys, no offense, but none of you knows anything about when the bottom is. None of us do.
jamey said:ProgN said:The man speaks the truth. I'm not calling a bottom but imo, we need capitulation before we get there.$30,000 Millionaire said:
Guys, no offense, but none of you knows anything about when the bottom is. None of us do.
How do you judge capitulation?
ding ding ding$30,000 Millionaire said:jamey said:ProgN said:The man speaks the truth. I'm not calling a bottom but imo, we need capitulation before we get there.$30,000 Millionaire said:
Guys, no offense, but none of you knows anything about when the bottom is. None of us do.
How do you judge capitulation?
Large downside with very high volume that V reverses. Psychological pain so severe that the average holder just wants to get out to keep what they have. Then the institutions laugh their asses off by taking the shares they sold you at the top off your hands at the bottom.
$SPY
— Bracco (@Braczyy) May 9, 2022
Coming down to this very relevant trend line in the middle of this 13 year channel
This trend line was a bottom after the 2011 and 2015 pullbacks
If this trend line doesn’t hold, watch the bottom of the channel which we’ve only tested in 2009 and 2020 pic.twitter.com/2YgVeDqnwh