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Well, don't expect eye-opener. If it were that good, I wouldn't share with ya. :D First consider this chart. #1 was used to come up with the reversal point. #2 is a multi-year trendline that was breached like a hot knife over a butter. Absolutely no resistance by the bulls. So it makes sense...

Why don't we do some chart analysis for a change? Hold your pants, mine's coming up shortly.

But there's one important difference. With past crashes, there was a series of breather in between. For example, in 2000, there was a 6-month chop before it resumed lower. With this one, we're literally falling off the cliff with no break.

Yeah, much faster to jump out the window than to ride the elevator. No, no, after you. Please, I insist. :D

So you went LONG at 2176? In the future, please indicate your entry by "LONG" or "SHORT" instead of BUY or SELL. It's easier to follow that way.

We're down 5% already. Looks like pummeling the market down to the limit is in vogue now. Savages! :D

Plenty of bottom fishers on this forum for that.

Well, we'll find out when it opens in 2 minutes. Currently they're bidding the ES down. Guess we'll open at around 2235.

So what's the IG number for S&P? It shows 2260 as best bid/ask on the DOM BTW is "Weekend Wallstreet" same as YM?

You forgot to mention UNCLE SAM and his buddies all over the world.

You must be Dozu in disguise. How many virgins can you offer this time? Folks, trading the bear market is very different from trading the bull market. In a bull market, you need only sit on your ass and you'll be more or less profitable. That's not the case in a bear market. More people will...

It's hard enough to predict where the price will end today, how the heck am I to know where it will be at the end of the month? :banghead: :D

Watched it last night. Eerily similar to the Corona. In the movie, the epicenter of the pandemic is Hong Kong, which is like next door to Wuhan, and the contagion also originated from bats. Spooky...

Homo Sapiens are the most adaptable creatures on the planet. I'm sure we'll figure out a way around this mess. BTW is the Wuhan lockdown over? I thought they're still in their bunkers.

But they normally don't come with a 30-day return.

Oh, you too??

Oh, I like you already even though you might be insane. :D

I'm looking at the 2007 high, where the 2008 crash started, as the possible low. However, this Corona thing is the wildcard. If we don't find a cure by then, I'm sure we will go down even lower. Then we're possibly looking at 666 again (devil incarnate).

The fact of the matter is that the biggest economy, USA (which practically feeds the entire world economy), downplayed this pandemic. Even while the Chinese government was actively shutting down Wuhan under quarantine, Trump didn't even stock up on the test kits. Now USA, in turn, is shutting...