Dec. 2 at 2:17 PM
$SOXS $UVIX Do I think the market will go up forever? Absolutely not. But I learn not to guess the market crash and buy too early as market tries to go up most of the time under all sorts of circumstances.
Its been quite rewarding to stay bullish until QQQ and SPY' 20 dma crosses down 50 dma to gradually reduce long and increase short positions.
My theory is, the real market crash (like Feb to Apr this year) is not done in few days, but rather over weeks or months. So its quite OK to miss the initial drop, rather than making premature bets and suffer big loss.
Just wait for strong confirmation signals before loading up on market crash positions. And that confirmation is not some negative news or article, which is always there.
That's like looking for rainy weather forecast somewhere in US to declare entire US needs to be rain watch. Stock market doesn't work that way.
$UVXY $FNGD $VXX
