Everything is expensive. There is nothing left to buy, except oil.
Edited by linrom1, 26 March 2020 - 03:32 PM.
Posted 26 March 2020 - 03:29 PM
Everything is expensive. There is nothing left to buy, except oil.
Edited by linrom1, 26 March 2020 - 03:32 PM.
Posted 26 March 2020 - 04:00 PM
is OIL completing an ABC off 2008 highs?
Posted 26 March 2020 - 04:10 PM
Ethanol is dirt cheap: https://finviz.com/f....ashx?t=ZK&p=m1
what with all the hand sanitizer shortages...
just sayin
Posted 26 March 2020 - 04:51 PM
is OIL completing an ABC off 2008 highs?
Posted 26 March 2020 - 05:09 PM
Everything is expensive. There is nothing left to buy, except oil.
mdgcapital@protonmail.com
papilioinvest.com
@papilioinvest
"One soul is worth more than the whole world."
Posted 26 March 2020 - 06:12 PM
Time to buy was early in the week, which by pure luck I did.
I think the virus problem is far from over. The peak of infections is ahead, not behind.
I will wait for new lows (Adami agrees) to buy more.
Posted 26 March 2020 - 08:19 PM
Proshares outstanding shares additions the last 3 days hit a cumulative record as well in Major Market Short instruments for -1x, -2x, and -3x at 1.4 billion dollars. They had covered about 1.8 billion the prior 20 days before starting to add back. Most was the last two days at 1.2 billion. They are starting to get a little payback so far this evening, but never know when another trillion dollar bazooka load will land.
Posted 26 March 2020 - 10:09 PM
Time to buy was early in the week, which by pure luck I did.
I think the virus problem is far from over. The peak of infections is ahead, not behind.
I will wait for new lows (Adami agrees) to buy more.
I’m with you on that. I used up all available cash on Monday for some buying and exited 2/3 of those positions this afternoon. I have limit orders in to exit remaining about 5% above closing levels. I think we rally thru the 31st. Next cycle turn is April 1st (+ or - 1 TD). I believe we bottom in the 1800-2000 area.
Posted 27 March 2020 - 12:29 PM