Any rally will be short lived

ET180 said:
I think we bottom somewhere between 1700 - 2000. I also think the recovery could be quite quick. Once the virus is gone, there will be a ton of liquidity and stimulus to lift the markets in the US and around the world.
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Even i dont think the DOW will go as low as 2000, maybe 6000

And regarding the virus being gone. It wont be gone until we get a vaccine. There will be multiple waves as restrictions get lifted and then re applied.
 
trader99 said:
I'm a daytrader. So, I'm done for the day. I was long DIS, BA, CGC, SPCE, QQQ, etc. Up $2304.76 trading equities and up $540 trading index futures (MNQs). ALL long positions. I'm done for the day and flat.
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@ironchef @hhiusa The downside is I miss these huge overnight moves. I was in DIS yesterday trading it around 87-88. Since I'm flat everyday, I miss it when it gaps up and now it's $94 this morning.

That's the price I pay for being a daytrader. But then again, my account didn't get a huge HIT/drawdown when the market was gapping down 1000pts per day.
 
trader99 said:
I just flipped in and out of HAL. Up $3.3K. Done for the day. Nice thing about daytrading.
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Hey buddy, we are all friends here. If what you really need is the adulation of people in an online forum, I'm sure most of us would be to happy to boost your self-esteem. Enough with the hindsight trades though. Honestly, what is the point of telling us you made $3.3K in HAL? Make your money and be happy that you are in this situation. Start a trading journal and talk at the twitterverse.
 
What is different this time is the impact on consumer spending. Only after 2008 it did not recover immediately afterwards, the rest of them were like nothing happened to US consumers
 
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