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WFH. Work 2-3 jobs. Trade cryptos. Is why many people want WFH. Can earn 2-10 times what you are earning pre-Covid.
I have bought some crypto, but for long term buy and hold. Trading is a sure path to losing money, at least for me
Posted 21 days ago. Did Knox read this forum? My best guess is in wave 4 
this is also what pastora was saying, one more leg up maybe and then a meltdown.
Updated preferred count of SPX. Wave 4 may or may not have completed. The bare minimum of 14.6% required for wave 4 decline is hit. If wave 5 starts, this is a damn strong bull trend. The common retracement is 23.6%-38.2%.
Knox > 
A lot of people believe so. Even I think the long-term meltdown will start in March or April. The final run will go for at least a quarter. I do not know why I say this other than that it comes from my gut feeling and reading sentiments of others (so there is every likelihood that I can be wrong).
Hold your breath. Either SPX dives as what Panda said or shoots above 4435 and Panda goes into hiding.
It might rip tomorrow! 
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Panda insists on his bearish count. Well⌠hard to tell whether the bullish or bearish count is correct⌠continue to monitor.
my unscientific gut feeling: we are good for a quarter or two. 2001 downturn started in March
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Yeah, I agree. Panda is always too bearish. Itâs a market you canât be too bearish or bullishâŚat least not yet. Having said that, Pandaâs charts and many others (with very similar setup) looks very bearish. The rising wedge break to the lower side tend to be pretty accurate in general and right now, imo, itâs just doing a backtest. High chance it dips even lower but I think we see a consolidation and rally afterward. I wonât do anything aggressive unless price action confirms it.
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I notice the historical return of GSPC is no longer 7-11% p.a. Is more like 15-18% p.a. That is about one double every five years. 5x by 12th year and 10x by 17th year, and 100x by 33th year. So, short term (1-5), one might be able to beat GSPC. Can we beat GSPC over 33 year?
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Scary is a subjective word so I donât what you guys are thinking.
From the charts,
Touching 200-day SMA didnât rule out that SPX/ SPY is in wave 4. Notice 126-day SMA has been a strong support.
Recalled 7 days agoâŚ
So far only 14.6% retracement, norm is 23.6-38.2%. 200-day SMA is between 23.6-38.2%.
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I BTFD. I am not trading, mostly just socking away some cash I need to in some companies I have been eyeing but they were too $$. It might go down, but I consider this a small âsaleâ so bot.
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Everybody should decide what they should do since our objectives are different. For me,
AAPL - Do nothing since I am happy to just collect dividends and eventually let my children inherit it. Ofc, I would monitor the leadership, any signs of weak leadership I would let go all. The reason(s) they give for bad performance will tell you whether they are good or bad leaders.
S&P index fund - Continue to blindly DCA purchase regularly. The intent is to let my children inherit it.
Trading Portfolio - Well, I am trying out a new way of hedging. No sale of equities, just long inverse apparatus such as SPXU. I am net long so portfolio is red today. However, if the dive is epic like what Panda claims would happen, the SPXU would moon 
many times more than my original value of the trading portfolio. Donât be unhappy that secretly I am wishing for that 
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BTFD is the right approach for any high conviction stocks that you intend to hold for at least 5-10 years, and is expecting them to 5x to 10x. Depressed price is a welcome since instead of 5x to 10x, you may have 10x to 100x
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