The US Stock market was relentlessly climbing for 7 years

Many market analysts and players were expecting a bear market correction for years

Well we finally got it ,,,in August…we got the long awaited and inevitable Bear Market alright

The Shorts were FINALLY VINDICATED

But if you blinked you missed it

2 hour chart QQQ

24

That was IT…I hope all you Short Players caught that 24% down draught which took all of 24 trading hours !

Today confirms that was IT….One needed to be short for all of 15 minutes actually. Short on Friday’s Close August 21

Cover at 9:45 on Monday August 24 and that was that ! 1000 points down and never to be retested again .

15

I am sure all you SM Shorts had a big Payday

🙂