It's too easy to be bull these days

n748

Seems the good days never ends for bulls.

Unbelievable, indeed.

Enjoy it while you can. However, remember there is another saying: no easy money in market. It applies both to bear and bull as well.

I'm almost collapsed now. Keep reminding myself to be patient (not to add SDS position yet).

However, I think the last hour rally was a set-up for another sell on news tomorrow. I know everyone is looking at a pop at least at the open tomorrow. That's why XLF is up in AH.

But it may not necessary played out that way. How about a gap down? Not impossible to me.

While it seems hopeless (for bears, it's indeed the case right now), it's very likely we are close to a great opportunity to short. Today is in history, however, tomorrow may be a complete different story. Don't be scared.

To encourage bears, I would say, today's rally is to scare bears so that they dare not short the market aggressively when MMs are unloading. They did it yesterday, but refused to unload at lower price, therefore, there is today's rally so that they can sell their positions at higher price while little bulls become excited again to buy.

I believe the theme of this week is unloading. They need to seesaw for several days to finish this process. When big boys finished unloading, there will be big drop after that.

n748

seems no one agrees with me so far.

firecs

support, expecting a down day tomorrow. Loaded SRS at close.

NingCaiChen

Support you and thanks for your work.

foolishhao

跟着大势走,才是王道

vinna

  i support u

新低手

I guess tomorrow firework= sell off, small V

would load some shorts (10% only), bulls still strong

wolfdoctor

1# n748


顶！

ivymay99

thanks

超级潜水员

等这个市场掉头等的头发都快要白了。即使低开尾盘也能升上去。实在不敢做空。

weigoodone01

mtlu2

faz好像都阵亡了

bayliner1979

look at 大P's survey.  too many bulls today.

n748

10# 超级潜水员


that's why people always say patience is a virtune. But it should be OK to have 10 to 25% short position at this level. And slowly add if it continues to go up. Or add decisive once trend is confirmed.

Bigmouth

BTW, I might want to load some more SDS tomorrow for short term gain if the market is up again considerably.

slcgh

DING, SHOT BULLS

cw8888

daguai

liuhutong

1# n748


I often hear people say 'the easy money has been made. now it is different.' It seems applicable here, too. About tomorrow, we need to avoid sudden big loss, that's all. Thanks for sharing though.

tape

这疯牛已经疯了五周了,感觉还再等什么news.buying power还有些.可能要在7900-8000再跑来跑去.