Market up, forum silent

market down, forum hyper-excited with new threads appearing like mushrooms after rain. What is wrong with a rising market ? 

Edited by andr99, 09 May 2024 - 12:17 PM.

Sorry, I have been working with my day job.    So a month ago I was hitting on a sell signal due to low GDP and poor home and auto sales, and high PE.     I'm excited about the market grinding hire.   Since then GDP estimates are above 2% and rate of inflation is coming down due to lower gas prices so there is currently hope.   Looking and Rydex Ratio and Put/Call Ratios we are not extremes anymore which would indicate a top.    In two weeks this could change, but everything is now on the upswing so why fight it?

but everything is now on the upswing so why fight it?

exactly

Is interesting the bulls, especially the chief isn't out screaming to the moon, 675 even though I got 667 lol!!  As you know I'm never a bull or bear as I trade both ways but sometimes things get a little extreme and with my 40 plus years reading the tape, the markets getting extreme and there are to many risks out there so I'd rather take profits than go for that last dime.  I think we will see volatility kick up to provide that final flush for the market to then rally again grinding around going nowhere really.  Either way 2 weeks left in this cycle and I've already banked my call option profits with a few resells so we'll see how it goes.  Do wish I had hung onto my put sells a little longer but oh well, profits are profits lol.

Is interesting the bulls, especially the chief isn't out screaming to the moon, 675 even though I got 667 lol!!  As you know I'm never a bull or bear as I trade both ways but sometimes things get a little extreme and with my 40 plus years reading the tape, the markets getting extreme and there are to many risks out there so I'd rather take profits than go for that last dime.  I think we will see volatility kick up to provide that final flush for the market to then rally again grinding around going nowhere really.  Either way 2 weeks left in this cycle and I've already banked my call option profits with a few resells so we'll see how it goes.  Do wish I had hung onto my put sells a little longer but oh well, profits are profits lol.

I saw ''Richard King'' movie on tv last Wednesday evening. Probably you know, it's the story of Venus and Serena Williams and how their father raised them 

and worked hard on the court and outside the court to make them become n° 1 in professional tennis. Fantastic story.   

Was a great movie, they were very talented to make it easy for them.

It is very simple really. So long as FED is printing to make up excessive spending over revenues, all assets must inflate.

My stock portfolio is up, unless I apply 22% reduction in buying power in 3.5 years, then it looks like I am treading water in place.

Edited by pdx5, 10 May 2024 - 09:03 AM.

Yes but didn't you hear biden he said you could afford it anyhow bahaha

Is interesting the bulls, especially the chief isn't out screaming to the moon, 675 even though I got 667 lol!!  As you know I'm never a bull or bear as I trade both ways but sometimes things get a little extreme and with my 40 plus years reading the tape, the markets getting extreme and there are to many risks out there so I'd rather take profits than go for that last dime.  I think we will see volatility kick up to provide that final flush for the market to then rally again grinding around going nowhere really.  Either way 2 weeks left in this cycle and I've already banked my call option profits with a few resells so we'll see how it goes.  Do wish I had hung onto my put sells a little longer but oh well, profits are profits lol.

Been only selling options for over 35 years so lots of experience lol!!