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I was waiting for Wednesday with regards to a bounce starting


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#11 andr99

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Posted 23 March 2020 - 03:55 PM

in a bear market, because now we are in a bear market even though it will be the fastest ever and it will be over by summer, what do you try to do ? You try to wait for a bounce and position yourself short when the bounce is complete, at least if you are a position trader. Wednesday is the day that I would like to see a reaction to the upside by this flagelled market. If it doesn' t come and it doesn' t last a week or so.........the market is cooked. 


Edited by andr99, 23 March 2020 - 03:56 PM.

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#12 pdx5

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Posted 23 March 2020 - 04:52 PM

andr99, if you keep up with US financial news, the FED just dumped $4 Trillion liquidity into the system. 

Note that entire GDP of Italy (8th biggest nominal GDP in world) in 2018 was $1.575 Trillion, and $1.727 Trillion in 2017. 


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#13 andr99

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Posted 23 March 2020 - 05:15 PM

andr99, if you keep up with US financial news, the FED just dumped $4 Trillion liquidity into the system. 

Note that entire GDP of Italy (8th biggest nominal GDP in world) in 2018 was $1.575 Trillion, and $1.727 Trillion in 2017. 

 

the problem is that even with such a mass of money thrown into the system, the spx keeps falling..........the suspect is that the mess coming from china is the black swan that has made the bubble burst. My final target for the spx is 1500 right or wrong that it may be, but is it possible that we get there in a single downwards move ?  I' m starting to ask myself exactly that.


Edited by andr99, 23 March 2020 - 05:22 PM.

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#14 andr99

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Posted 24 March 2020 - 12:34 PM

waiting for wednesday.......and they bounce a day earlier 


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