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Icy-Subject-6118 t1_iy9f51x wrote

You see what you want to see. All I see is bullish sentiment, which aids the fact that this dumpster fire of a market will burn. You see bearish sentiment so you think bullish. Who cares. Do you actually value said market at this price or higher? If so then buy. If not then sell. It’s that simple

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eper3 t1_iyasg2w wrote

One of the stupidest things I’ve ever heard. This is a short term trading sub not a long term value investing sub. It has everything to do with sentiment and nothing to do with value.

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15719901 t1_iybikwh wrote

See that's what I'm talking about right there. Enough with these long-term mindsets. Just make plays based on what you think JPOW will say tomorrow. I'm holding a single SPX 3900 put that expires tomorrow. Yeah it'll most likely expire worthless but what of it? I'm betting that JPOW is going to say how we need to see significant reductions in growth before the Fed even thinks about reducing rate hikes.

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