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Well...that's just an extension of buy low and sell high. We don't need to indulge ourselves in meaningless semantics.

You damn fear mongers! :D

I guess you can say the same thing about life as well. Whether you want to be rich or poor, good or bad, industrious or lazy, or whatnot, the choice to define who you want to be is up to you. Nobody's putting a gun to your head.

A couple thoughts on this... 1) Having a bad trading strategy that loses money time after time. If so, will reversing the strategy make you money? Not really. 2) There's only one way to make money, namely, buy low and sell high or short high and cover low. But there are so many ways to lose...

No, we have been manipulated all along. You just haven't realized it until the market began tanking and you lost money.

I don't recall you ever complaining when the market was soaring day after day for the last 11 years. What made you change your mind all of a sudden? You think market was making all-time-highs all on its own without some sort of meddling? Well, it's about time you finally opened your eyes to the...

Greenspan gave the market a "surprise!" rate cut in 2000--not only once, but TWICE. Bernanke gave the market a glut of free money to the detriment of the regular Joe-sixpack. So why am I not surprised? When the Fed makes an emergency move, it’s usually an emergency

Oh, sweet Jeesus of mine. This is beautiful...going completely according to the plan.

Revolt or no revolt, I would not trust her to lead the airline. The girl is nuts, period.

While everyone's downing their corona on the 19th hole. :finger:

If we selloff here, the measured move indicates 2893 as the target.

Now the more difficult question is where would the price target be (eg. reversal).

ES 30 minute

Fact check: I ain't beggin', I am differing. :sneaky:

Yo Zimbabwe, what's up? :D

I beg to differ. I believe we will end up like Japan, never to see the ATH again. At least not for a long while.

Well, it's serious for those with compromised immune system. But those who are healthy shouldn't worry too much according to the following stat: Source: https://www.worldometers.info/coronavirus/

There were so many damn carts, I couldn't even steer my way around. They were out of toilet papers and many other essential items. And this was Tuesday afternoon. Completely surreal. Never seen anything like it before.

Why not get out and get back in at a lower price? If my newbie guestimate of 2900 is correct, that would cost you over 100 points. I wouldn't call that a "floor construction" but a "floor demolition".

By tomorrow, we should see 2900 then up to 3150. We've just scratched the small surface of an iceberg, so let's not get too excited. Panics usually come at the end of the bear market, just as you would see the climax (eg. buying frenzy) towards the end of the bull market.