...or we're going to be in 2000 or 2008 any minute now.
Found this chart on Twitter today.
Good luck and good trading.
Must be different this time...
Started by
diogenes227
, May 05 2016 04:12 PM
3 replies to this topic
#1
diogenes227
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Posted 05 May 2016 - 04:12 PM
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
#2
K Wave
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Posted 05 May 2016 - 08:36 PM
Also, look how Margin Debt barely ticked up in March despite the huge rally....wind may be coming out of the sails here as well.....
http://www.advisorpe...ebt-and-the-SPX
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#3
dasein
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Posted 05 May 2016 - 09:02 PM
doesnt margin debt problems depend on what margin clerks say are the limits?
best,
klh
klh
#4
gm_general
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Posted 06 May 2016 - 08:05 AM
This was the biggest outflow from stocks since the Sep'15 capitulation on back of China devaluation:
http://www.zerohedge...-september-2015
If this is down at EOD stochastics on SP500 will be like well, 5. Last time it happened it took many days to reach a bottom, SP500 dropped 100 points after that while stochastics were rising. Will it go to 2020ish or will it go lower before righteous bounce?
