Jump to content



Photo

This is a severe short term correction


  • Please log in to reply
3 replies to this topic

#1 CLK

CLK

    Member

  • Traders-Talk User
  • 10,787 posts

Posted 25 March 2020 - 11:48 AM

This is not a long term bear market.



#2 CLK

CLK

    Member

  • Traders-Talk User
  • 10,787 posts

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.


#3 CLK

CLK

    Member

  • Traders-Talk User
  • 10,787 posts

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.


#4 trioderob

trioderob

    Member

  • Traders-Talk User
  • 1,295 posts

Posted 25 March 2020 - 03:31 PM

there are problems with the bill

 

the boyz sold out when the rumor  broke