Just hit 2499. 20 more points to go. Damn, this is a real grinder.
There's gotta be massive stops placed above 2500. So once we clear above, a fury of stop buying will take place and, before you know it, we will hit that 5% limit.
Alright, time for some midnight cereal. We just crossed above 2390 and on the verge of completing the bowl pattern. It's time to play B1S2's favorite game, "Let's play hooky!" (I think :D)
Trading 1 lot these days is comparable to trading 10 lots before this market tanked. So you're only adding more risk by increasing the size. Something to think about.
Who knew we would put in a saucer pattern? Grrr
It's by definition bullish, so I'll take comfort in that. Anyway, should we break above 2390, nothing will be able to hold this hysterical baby back from rocketing higher methinks.
Either way, the sky is gonna fall and we're all screwed. You might as well write your own damn obituary. Oh, btw, we ain't gonna see the ATH ever again. Keep that in your diary to be passed down to your grandchildren. :D
I think CV is more or less already priced in. The bigger concern going forward is the job number. Unless we find a fix very soon, I fear the job number will nosedive in the next few weeks and a big drop in employment is a harbinger of a recession.