Indices & ETFs

How confident are you of this prediction? Are there others who are also predicting a century corrective wave?

There have been many predicting doom and gloom for years.

Many technicians notice that… including Panda, he may not call it as such. Actually fundamentalists also notice that. For example,

For easy reference,

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Well, think of it as an opportunity for enrichment. Also easier to stay fit and better air. And when was the last time you read about 5 or 6 blocks getting torched in a rural riot?
I’ve heard stories of Asians being abused in rural areas but always be other Asians. They open a restaurant and everyone wonders how all those Asians magically appeared to staff it - especially since so many appear to have no waitressing skills. Supposedly they are lured over here with an employment offer and then treated badly. I’ve been told not to send back a botched order in an Asian restaurant. They may take it out of the waitress’s meager paycheck - or do something even worse. Just smile and try something new.

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This is a tradeoff. If we restrict access too much and haggle on who deserves it and who doesn’t, we end up delaying the rescue measure. There is a difference between what is the most ideal case vs what is practical and politically feasible.

I’d say vast majority of Americans are still bitter about the Wall Street bailout in 2008. This time the money goes directly to the hands of ordinary people. There may be some who don’t really need the money, but in the grand scheme of things, is it that horrible to give cash to ordinary Americans vs cutting taxes for the Top 1% fat cats?

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Opening a restaurant in a Western economy is the easiest way to make money is a popular myth promulgated in many TV shows and day2day conversation in Asia. Chinese dishes are too labor-intensive and hence cost per dish is high so they have to squeeze out margin from paying servers very low pay. The myth is also open a BIG restaurant. All these proved to be WRONG. Wokit2u is an extremely popular Chinese restaurant with a small footprint. Is open by a white American who learn his culinary skill from his Chinese father-in-law… the joke is his father-in-law told him not to open restaurant because is too low margin. He is right if you open a traditional restaurant with a big footprint…

Hopefully he would post DTK signal timely. Should be the start of the century corrective wave.

Logical. One more up wave :slight_smile:

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https://www.bloomberg.com/news/articles/2021-03-23/microsoft-said-to-be-in-talks-to-buy-discord-for-more-than-10b

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Apparently they only had 200 employees as of Feb 2020. If this exit plays out, it will be pretty big for most employees.

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I have heard this argument before and, at that time, I largely agreed with it. However, my current comment is based on all those articles about how the majority of stimulus money is supposed to end up in stock market. It’s all about what % of stimulus money does end up in stock market. If it’s 10% or more, then more due diligence was required in creating the parameters on who gets that money since it’ll have all sorts of unexpected impacts.

Rejected so many times at my pink S/R line. Need to break above for the inverse H&S to be successful and a target of QQQ ~$334.

I don’t think this is the case. I remember reading a story like that. The headline is along the line of young people will sink all their stimmies into stonks. But it turns out the survey is only on young traders. But it makes for a good clickbait story.

what is DTK? I googled all over and couldn’t figure it out

…

Throw away Google. DTK is an abbreviation for Daily Top Killer, a proprietary signal designed by Master Wu. It operates on daily chart of SPX. When it flashes red, SPX would decline by a few hundred points (can’t remember the exact number). So far its reliability is 100%. With the success of DTK, he created another top killer for half-hour to 2-hours chart. This 2nd top killer is only 65% reliable, decline if correct is only up to 65 points. The recent two warnings by this 2nd top killer didn’t work :slight_smile:

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Thank you! this is helpful. :slight_smile:

“So far” means how long?

It’s reliable until it isn’t, without announcement.

You are asking the same question twice :upside_down_face:

Proof that most people spend their stimmies on real things, not buying stocks.

found some good research on this. Sharing for educational purposes:

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Leveraged ETFs can be held long term provided the market has enough return to overcome volatility drag. It usually does. For most markets in recent times the optimal leverage is about 2. But some markets and time frames will reward a leverage of up to 3. No markets will reward a leverage of 4.

So we should change to QLD?