Lets talk stock market

[canceled.2021.1]

The S&P is 6% from its all time high. The bullish sentiment is extremely high as well.

I think it is time a big correction.

I established a short position at 1492 and think it is headed for 1380 or so

 

[The Dude]

Are all klansman poor?

 

[canceled.2021.1]

hmmm, could it have hit a top?

 

[The Dude]

That question is why you are poor

 

[Jarod]

We are going to have a correction, no doubt. I suspect its further out. Id say that in three to six months we will get a medium size correction. Im in, but will consider pulling out in 6 to 8 weeks.

 

[The Dude]

Corrections happen every year, timing them is impossible

 

[canceled.2021.1]

We are going to have a correction, no doubt. I suspect its further out. Id say that in three to six months we will get a medium size correction. Im in, but will consider pulling out in 6 to 8 weeks.

We are definitely due for a correction. I think it is here now which is why I took a half short position at 1492 and added to it at 1500. I have a tight stop loss as it is all about managing risk.

I don't trade in news I let price do all the talking.