Replies to post #370774 on SPDR S&P 500 (SPY)

[Agoura Guy]

I DON'T TRADE THAT WAY, I SETUP LONG TERM TRADES FOR MULTI-BAGGAR GAINS.

I MADE A KILLING LAST YEAR SHORTING SPY @$470...HELD MY JUNE PUTS FOR 6 MONTHS AND CLOSED OUT IN THE LOW $360'S.

THIS YEAR I AM SETUP FOR THE NEXT MAJOR CORRECTION WHICH ISN'T FAR AWAY!!!!!

I JUST WAIT... IT WILL COME SOON ENOUGH!!!!!

ANYONE RELYING EXCLUSIVELY ON SHORT TERM TRADING WILL EVENTUALLY BE WIPED OUT WHEN THE MARKET GOES THE WRONG WAY. THE LAW OF AVERAGES WILL CATCH UP!!!!!!! ITS IMPOSSIBLE TO BE CONSISTENTLY RIGHT ON SHORT TERM TRADING BECAUSE NOBODY CAN PREDICT RANDOM EVENTS.

THE ONLY CONSISENTCY IN 2023 HAS BEEN THE PPT'S DESPERATION PROP JOBS BUT I SENSE THIS ISN'T GOING TO LAST!!!!!!!

DIP BUYERS WILL PAY A HEAVY PRICE WHEN THE PPT STEPS BACK!!!!!