jj9000 said:
oldarmy1 said:
Sitting 22% in right now from these low buys over last week. Sold off some on bounce days like yesterday and only bought back 1/3 of those. So much more uncertainty and news events to come so new lows should be expected. 2350 major support loses I don't see much to look for until 2000. 1850 area is doomsday scenario number. We see that and I'd be 100% in with trading account because should that fail money is irrelevant.
Not much support between 2280 and 2000?
Next major support level is at 2000 level?
Prior to 2014 we had never hit 1850 on the S&P. I think we will survive if we trade below that.
We even traded below 1,000 just over a decade ago. I know, ancient times, right.
Our economy grew about 50% since 2009, but our stock market was up over 400%!