POV’s of a Normie
There are so many things that the market teaches you about what’s counterintuitive or an inversion. For example, consider the fact that everyone who hasn’t fully captured SPY 0.00%↑ and their willingness to be eagerly bearish. With no evidence of their contrary conviction. In fact, the objective linkages could be seen here and there are some great shorts here:
They might even cite to death quotes from their favorite bestsellers with lines like, ‘Be greedy when others are fearful.’
What about the fact that the bears are fearful?
Clearly, those who have not fully participated qualify as ‘others being fearful.’
Bears being fearful might be seen in something like the relative decline of the put/call ratio. Or through the deterministic distribution of more buyers and sellers in the market. The bears are running scared.
In fact, bear’s can’t even catch a break.
The market opened higher and set all time high’s - again!
Take a look at this table.
In the last 100 times. When the market opens up it tends to stay up.
Throughout the intraday session, it will go even higher.
More POV’s
Remember this call..missing the close by .25bps.
Done at scale.
That is the stuff you see in movies.
The person was like commenting on methods “Well that assumes then NO human input. If so then true.I personally do decision support rather than AI rules.”
My reply,
“Decision support is subjective. What is your decision, and what is someone else's decision? How much ‘support is needed’? For goodness' sake, you cite decisions from the XYZ as evidence of variance in decisions and decision support.
That clearly demonstrates that no one decision or factor is the sole factor and because its not the sole factor that means they are independent of each other. Specifically, going 9/9 on various, different, diverse and eclectic calls.
Decision support is subjective.
Although some decisions are better than others.”
There really is a hierarchy of ideas.