Ummm no. The people that created the hysteria wont. You and I will.
leoj said:
Look out below. Not good
Spot on, that is what HP has as well. Close above that very important today - close above and that could at least be a short term tradeable bottom.leoj said:
We break into new lows below 273.4 on spy and we will probably end up hitting circuit breakers.
BREwmaster said:Spot on, that is what HP has as well. Close above that very important today - close above and that could at least be a short term tradeable bottom.leoj said:
We break into new lows below 273.4 on spy and we will probably end up hitting circuit breakers.
I replied too soon, OUCH! Agree with PN though, dump a bit more here and then rebound UP!
Farmer @ Johnsongrass, TX said:I agree. Something is just not right about the messaging this year, when last year 35 million people got the flu, 500,000 hospitalizations and 34,000 deaths (Source: Pharmacist's Letter, March 2020) and nothing was said. I lean to the weaponization to create panic and hurt the economy.Prognightmare said:
Not gonna happen. The media has weaponized this to create panic to hurt the economy.
Aggie95 said:so just kick the can down the road again? eff it...rip the band-aid off. Let the people who started and fueled this crazy hysteria feel the full weight of their actions.iluvpoker said:
Nasdaq 7866
S&P 2713
Both look to be in play today. Those figures represent bear market territory- 20% from the highs.
The Russell 2k already in bear market. Hitting levels lower than the day Trump was inaugurated.
Time to put politics aside and get this fire under control.
Because sooooo many amazing companies are on sale.Prognightmare said:
I'll try to list my reasons later why this is a life changing opportunity tonight of why you should view this a gift.
I'd be happy with some trade-able range! Not this gap down/gap up bull**** where futures are seeing at least 2% one way or the other.FriscoKid said:
~2600-2700 range on the S&P is worth watching IMO depending on where you draw the trend line from 2008. Bounce or crash through? If the market is going to bounce then it better happen fast.
IrishTxAggie said:Because sooooo many amazing companies are on sale.Prognightmare said:
I'll try to list my reasons later why this is a life changing opportunity tonight of why you should view this a gift.
FriscoKid said:
~2600-2700 range on the S&P is worth watching IMO depending on where you draw the trend line from 2008. Bounce or crash through? If the market is going to bounce then it better happen fast.
Technicals are emotions in reality. Balance of fear and greed.Prognightmare said:FriscoKid said:
~2600-2700 range on the S&P is worth watching IMO depending on where you draw the trend line from 2008. Bounce or crash through? If the market is going to bounce then it better happen fast.
This market is trading off emotions, not technicals.