.....will it be a delusion ? I hope no even though.......QE infinite and dow -5%............unbelievable
I was waiting for Wednesday with regards to a bounce starting
Posted 23 March 2020 - 10:57 AM
forever and only a V-E-N-E-T-K-E-N.....though partly langbardic
Posted 23 March 2020 - 11:03 AM
What does it take to differentiate between a real market and a Vegas craps table. Thats the trick needed......
Edited by LMF, 23 March 2020 - 11:09 AM.
Posted 23 March 2020 - 11:42 AM
My thought looking at the VIX was some evil so and so has a VIX dial somewhere and they can set it to whatever they want no matter what the market is doing. My other thought was Powell is either dumb as a doorknob or he's trying to crash the market - how stupid do you have to be to do something 3 times and expect the opposite result to what you are seeing? A third thought is the market moves like its an elastic - stretch it more and more and the counter reaction will be that much more, unless the analogy holds too much and it snaps - that would mean it never comes back ever, so I doubt that unless we are in some walking dead style apocalypse and then it won't matter.
Edited by gm_general, 23 March 2020 - 11:43 AM.
Posted 23 March 2020 - 12:05 PM
Posted 23 March 2020 - 12:14 PM
Maybe tomorrow as VIX, the bear market canary is struggling for air ...............
Edited by redfoliage2, 23 March 2020 - 12:16 PM.
Posted 23 March 2020 - 12:37 PM
This seems like what I would call a baloney wall day - two sides throwing prices way outside the current level at the wall each trying to make the baloney stick. If one side gains traction enough to get control the other side begins to throw more.
Posted 23 March 2020 - 01:06 PM
Posted 23 March 2020 - 02:23 PM
Edited by redfoliage2, 23 March 2020 - 02:27 PM.
Posted 23 March 2020 - 02:33 PM
Let' see if they can drop this a thou into the close...maybe that will get these clowns to move.
Posted 23 March 2020 - 02:38 PM
Impressive strength in SOX today.... thus far, holding the 900 day bull support quite well.