This is not a long term bear market.
This is a severe short term correction
Posted 25 March 2020 - 12:08 PM
We may or may not get a retest on the daily MACD cross when it happens, so far, airlines and hotels are
in a V recovery.
Shorts are still confident, this is a once in a lifetime "opportunity" for them, lol.
Edited by CLK, 25 March 2020 - 12:08 PM.
Posted 25 March 2020 - 03:26 PM
Late day games ahead of the employment numbers or at 8:30 cash traders won't have much ability to react, so they sold ahead of time.
The numbers may not be as bad as expected.
I'm about 90% long now for the longer term, if I am wrong and they test the lows again or 2k
then so be it, can't sell for losses any more.
Edited by CLK, 25 March 2020 - 03:27 PM.
Posted 25 March 2020 - 03:31 PM
there are problems with the bill
the boyz sold out when the rumor broke