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I was waiting for Wednesday with regards to a bounce starting


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#1 andr99

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Posted 23 March 2020 - 10:57 AM

.....will it be a delusion ? I hope no even though.......QE infinite and dow -5%............unbelievable


forever and only a V-E-N-E-T-K-E-N.....though partly langbardic


#2 LMF

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Posted 23 March 2020 - 11:03 AM

This may be a second day of the VIX down 5 percent and the SPX down 1 percent......but my guess is the retest of the lows is here.

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.


#3 gm_general

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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.


#4 LMF

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Posted 23 March 2020 - 12:05 PM

There was the infamous spot back in 2009 where Ford was selling below a buck like a penny stock. And the market is discounting infinite uncertainty.....or the total vaporization of confidence. Then you shut it down until there is something better to go on. Not letting the circuit breaker just pop 3 minutes into a session......and then say, well we did the best we could. No, thats doing the worst you could. Voluntarily shutting down the economy is another way of measuring the same thing. If you can say those exact words over and over.....then shut down this pig until theres something better to go on.

#5 redfoliage2

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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.


#6 gm_general

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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.



#7 LMF

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Posted 23 March 2020 - 01:06 PM

David tepper on CNBC earlier today was simply monumental...... compared to the Bill ackman meltdown last week. The range right there......the guys keeping this market open no matter what are like cereal killers. The fruit loops gang......

#8 redfoliage2

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Posted 23 March 2020 - 02:23 PM

The baby just keeps crying because the politicians are still playing games. But the whole thing is just a game to them ...........

Edited by redfoliage2, 23 March 2020 - 02:27 PM.


#9 K Wave

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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.



#10 K Wave

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Posted 23 March 2020 - 02:38 PM

Impressive strength in SOX today.... thus far, holding the 900 day bull support quite well.