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DaddyDersch OP t1_jdxk2e7 wrote

Reply to comment by RGJabber in 3-27-23 SPY/ ES Futures and VIX Daily Market Analysis by DaddyDersch

Its crazy i really did think the banks thing would be the black swan. But damn this markets resilient as ever.

But i still believe a rally to 415-420 is an opportunity for puts

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murphy1455 t1_jdxu8qe wrote

It’s not resiliency it’s called The Fed, they won’t let it crash.

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DaddyDersch OP t1_jdxuc3r wrote

The "reslient" fed lol. But agreed this is still much like october being propped up

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SweetVsSavory t1_jdyhoqx wrote

Thank you for sharing your DD. I appreciate you. I messed up today and sat on some 396 calls in at 398 thinking today was the day we’d see this pop. 2 times we saw my chance to get with small loses and sat tight thinking we’d close high. Reversed play late with 397 14dte puts

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janeohmy t1_jdz763e wrote

It's because previous crashes were due to actual impoverishment. Today's crash is due to overabundance, ergo a crash due to correction, ergo a correction. This is not resiliency. This is just progress in society. We're just overall richer nowadays, despite people cosplaying as the poor

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