That was quick, futures locked in 4 minutes.
Posted 22 March 2020 - 05:06 PM
That was quick, futures locked in 4 minutes.
Posted 22 March 2020 - 05:20 PM
you, me, and a zillion others know it also. Many were holding their breadth hoping this wouldn't happen on a Sunday open. More down = more margin liquidation.
Edited by tommyt, 22 March 2020 - 05:20 PM.
Posted 22 March 2020 - 05:54 PM
People are not working. Retail investors will be FORCED to liquidate their stocks to survive. This is why you won't see any legitimate rally until Americans start working again.
"When your position is underwater, average down" - Professional Trader
Posted 22 March 2020 - 05:55 PM
i have a feeling the final swing low or the final close low in spx will be either 1987 or 1929
Posted 22 March 2020 - 06:17 PM
People are not working. Retail investors will be FORCED to liquidate their stocks to survive. This is why you won't see any legitimate rally until Americans start working again.
mdgcapital@protonmail.com
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"One soul is worth more than the whole world."
Posted 22 March 2020 - 06:29 PM
Posted 22 March 2020 - 06:36 PM
ST Louis Fed is saying 30% unemployment. Which means more likely more than 50% unemployment once all is said and done, as their forecasts are always 'rosier' than reality. After seeing the partisan hacks we have on the hill implode here Sunday afternoon, and not pass possibly the most critical legislation in our lifetime, it would not surprise to see the market blow thru 3 limit down circuit breakers, and then completely shut down. Tomorrow.
Posted 22 March 2020 - 10:47 PM
People are not working. Retail investors will be FORCED to liquidate their stocks to survive. This is why you won't see any legitimate rally until Americans start working again.
THE big low will be June/July time frame, though we’ll soon have a counter trend relief rally before more sell offs. An active trader’s paradise, not for me however....
Posted 23 March 2020 - 08:40 AM
This is a pretty big move in an hour and a half!
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Posted 23 March 2020 - 08:46 AM
People are not working. Retail investors will be FORCED to liquidate their stocks to survive. This is why you won't see any legitimate rally until Americans start working again.
THE big low will be June/July time frame, though we’ll soon have a counter trend relief rally before more sell offs. An active trader’s paradise, not for me however....
Gold pumpers are in nirvana trading CFD in gold.