Paging cougar:
Cool, now I have something new to watch to figure out WTF yr doing
Soooo, net-ish = sorta sorta -$1
Short expires on the 9th
Leaving you bear meat <125
??? am i on the right track??? (remember geezer here)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
well, guess that's it for today. very typical post MAD day pattern, nothing interesting. thank you guys, I'll see you tomorrow.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
This is not a bull market, this is not a bear market. Although when I asked my daughter with crayons to tell me if it was going up or down she drew a line up and then down and then up and then down. I suppose tonight it will be up again, but tomorrow it may be down.
Markets don't extend volatility over long periods of time like this in bull markets. It's easy to say in 12 months that the prev 12 months was a bear market when indices are down net large %'s
SB73 wrote:This is not a bull market, this is not a bear market. Although when I asked my daughter with crayons to tell me if it was going up or down she drew a line up and then down and then up and then down. I suppose tonight it will be up again, but tomorrow it may be down.
Basically often market doesn't feel like bear market when we are in bear market because squeezes and up days can be violently larger than up days in bull market. But 12 months later, it is clear, it was bear market
Buckethead wrote:Markets don't extend volatility over long periods of time like this in bull markets. It's easy to say in 12 months that the prev 12 months was a bear market when indices are down net large %'s
SB73 wrote:This is not a bull market, this is not a bear market. Although when I asked my daughter with crayons to tell me if it was going up or down she drew a line up and then down and then up and then down. I suppose tonight it will be up again, but tomorrow it may be down.
Really?
So how do explain 1998 and 1999? That wasn't a Bull Market while the VIX was above 30?
Al_Dente wrote:Paging cougar:
Cool, now I have something new to watch to figure out WTF yr doing
Soooo, net-ish = sorta sorta -$1
Short expires on the 9th
Leaving you bear meat <125
??? am i on the right track??? (remember geezer here)