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Aren't you too damn old for all this prediction business? :sneaky: With that said, we'll know when it bounces. Don't need Nostradamus for that.

When will we ever learn from our mistakes?

Money. Human nature. Greed. Fear. Toxic waste. You know it just by looking at it. You feel it in your blood. Maybe you can even taste it. You promised yourself never to repeat the same damn mistake and yet here you are again.

Good call. I personally thought Tuesday's low would hold up, but obviously not.

You sound as if the government actually cares about propping up the economy, when in fact, all they cared about (for the last 11 years) was propping up the stock market. It's a gargantuan task to stimulate the economy (too many unknowns) but it's relatively easy to push up the market. And that...

This is not a bailout’: Mnuchin defends Trump plan to rescue firms affected by coronavirus The Washington Post Treasury Secretary Steven Mnuchin on Wednesday defended the Trump administration's plan to provide targeted emergency assistance for specific industries. But White House faces...

Long 2754 Stop 2747 PT 2790-ish

Man. Dude, it's Mamis, not Mamas. Anyway, I have that book.

Long 2805.50

Just rub it in, wontcha?

Compare to countries like China and South Korea, USA has been slow to respond to corona all along. The numbers we see in the media is probably drastically under-reported. Once the test kits become widely available, that number would likely go up much higher. Also nobody knows or can actually...

WTF???? It shakes me out and reverses I need to stop posting my stops. No more!

How many times do I need to repeat myself? IT'S NOT THE KNOWN BUT THE UNKNOWN THAT SCARES THE SHIT OUT OF PEOPLE, YA MORON!!! BTW you been dead wrong about this market going to the Mars. Thank God, nobody mortgaged their home following your advice.

Anyone wanna join me? Long 2808 Stop 2798

Are you out of your friggin' mind? We're not talking about Buddhist monks here. We're talking about one of the most spoiled morons of all time, eg. "Proudly Made in America" folks. :sneaky: :finger:

Bear markets tend to last up to 2 years, although not every day is 100 point range. But still, better than puny 10 point bull market ranges. It's only been 4 weeks. I wouldn't call this THE bottom. There will be much steeper dive in the future for sure, eg. the climax selling, aka PANIC.

:D:D :D

Good point! The stock market went through the roof for the last 11 years and yet the real economy hasn't fared all that well or, at least, it hasn't benefited as much. What's even worse is that Trump bases his economic policy on the strength of the stock market. From the 2009 low, the market...

I think the bottom is in for the time being. I doubt we'll go back up to ATH, but likely will whipsaw back and forth between 2800-3100 from here until the next earnings season.

While not insignificant, we're only down 20% from ATH, which ain't worth Uncle Sam to lose sleep over. You'll need to wait until there's some sort of gigantic panic, like Lehaman and Bear Stearns collapse before the PPT kicks into full gear. That should be the cue to reverse position.