SPY is a 3-digit ETF, SPX is a 4-digit Index, ES is 4-digit stock index future. What are you referring to at a value of 2916 ?

Obviously, your memory isn’t not your strength either. Here are screenshots with your insults and I only went back a few days.
As for my “cowardliness”, I will add intelligence to your lack of strengths. I called this drop on May 12 at 1:48pm, when SPY was 2916, 1.5 hours before the move down started. I have also posted price targets and stops. So, you see, dear spineless blog colleague, my green channel that correctly predicted the bull run is the same channel that helped me predict this downturn, but you obviously lack the mental ability to understand that. And instead of being sarcastic about my green channel, maybe you should gather a drop of morality and present the truth. And that’s why I celebrate every moment of your pain. This is a great day!

…..and just like that the whole thread turned really awkward for everyone.

“Immoral”. What evidence do you have for this unprovoked insult. Karma indeed. Watch and see.

“Spineless” is perfect description of your behavior. When the market drops like a rock, you disappear. When it goes up, you reappear. Your picture would be quite fitting in the dictionary under the word “coward”.
I have not once insulted you prior to this post. Your memory is as bad as your character.
I’m well ahead on the day. Thanks for congratulating me on my karma.
How’s your green price channel and 300 SPY prediction going? Learn to draw trendlines yet?

Please don’t be such a coward and stop by and say hello the next time the market drops.

Send your picture to the webmaster:
https://www.dictionary.com/browse/coward?s=t

I am, thank you for asking :) And I hope that you are happy with yours as well.
As for my comment, that is nothing against anyone, but @bransth, the OP, a spineless and immoral individual who has been on my back and has been insulting me for weeks just because “it” didn’t like my price calls. I truly enjoy when karma does its job, hehehe.

Gmatache – are you happy/satisfied with your life/you? You don’t need to tell me, all what matters is what you really think.

Oh, I feel so bad for you LOL

Better for sustained selling to close the gap and not look back. If the H&S pattern plays out fully expect things to drop to 270ish before a bounce.

You can actually have PHYS send you physical gold in exchange for shares. However you need a lot of shares before they will do it.

What is difference between trading GLD vs PHYS and SLV vs PSLV?

I totally agree, but I saw a solid 1 hour candle under the Fib and figured we were good to go. Then this crazy run back up. I assume it is is shorts closing out. Dunno. Trade not dead, but now we have to fight our way back below. Bummer.

Closing the gap in SPY wasn’t nothing, that’s normal morning activity.

I was so wrong. Hope this is a an overshoot.

In the same vein, OSTK up huge too. Similar company

So was I, but after observing it for a while, it trades like paper gold IMO. I am still in PSLV for the same reason :)

So strange that a home goods retailer shot up that much in this economy. Nice divergences?

This is why I invested in PHYS instead of GLD. Yet GLD is up more then PHYS today. It just feels safer. This is an investment not a trade.

800% rally massive cash burn makes no money and insiders shipping out. Should be bust theoretically. I took a short yesterday and increased today. Crazy short squeeze.

Also added another short lot to NVDA this morning. Reports in 7 days to be aware of.

also rejected on the 20 DMA

“As the COVID-19 pandemic sparked higher than normal volatility in the metals market near the end of the quarter, we temporarily suspended our silver and gold sales as paper prices dropped significantly below true physical prices,” stated Keith Neumeyer, President and CEO of First Majestic. “These inventoried ounces have been carried over into the second quarter and will be sold as prices improve. Nevertheless, strong production from each of our three mines generated operating earnings of $21.1 million, representing a 106% increase over the same quarter of 2019.”

I wonder what’s gonna happen if all miners will stop selling metals due to physical vs. paper prices decoupling. Potentially explosive situation.