buy this dip

max downside for dow 40 more points


upside=100's of points

Slowing growth tends to be good because it means no rate hike. 10 year keeps falling.

Housing slowdown is also positive.
 
Quote from stock_trad3r:
this is the bottom
The good thing is it's not you who decides where the bottom is, but the market can sort it out by itself and will not pay attention to what you think.
 
Quote from makloda:

The good thing is it's not you who decides where the bottom is, but the market can sort it out by itself and will not pay attention to what you think.

Obviously it can't be taken as an absolute truth. It's an opinion.
 
Quote from SamuelEngland:

Still long stock trader?

Werd

My AAPL and BIDU carying me through

But this market is more fucked up than Michael Jackson's face. If you're sitting on your thumbs wondering what to do my worseless advice is to just go long some something. DDM, DIA, contracts, etc Buy some calls. And have some pepcid AC ready.
 
Quote from stock_trad3r:

max downside for dow 40 more points


upside=100's of points

Slowing growth tends to be good because it means no rate hike. 10 year keeps falling.

Housing slowdown is also positive.
I will buy this dip today, just before the close.
However will check futures tomorrow, if they suggest a lower open, will place an order to sell before the market opens. Will place tighter stops too.
If it profits will sell tomorrow, just before the close.
 
Quote from stock_trad3r:


If you're sitting on your thumbs wondering what to do my worseless advice is to just go long some something. DDM, DIA, contracts, etc Buy some calls. And have some pepcid AC ready.

I believe you posted this about 100 points ago . . .

You obviously are not a technician.
We just wiped-out the last previous low in the SPX at 1486.

Ultimately, we should head back to the lows of March, the previous Wave 4 degree.

See you there, with a few "hard" bounces along the way.
 
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