ES Journal - 2019/2020

[Buy1Sell2]

Looking for the right opportunities to get long on day trades today. I'll take a look as well at long term buying opportunities. This thing will be over soon. Most folks can't see that----Some can.

This is all very temporary. Market is healthy and will do fine over the medium to long term. Stocks on sale here. I'll be day trading long if the right opportunity presents itself. We are in value territory. I'm glad we are finally getting to where this can run it's course. We don't want folks to die, but hopefully the steps we are taking will limit the deaths. I anticipate that as kits are rolled out, and more cases identified, we'll begin to get a sense of a much lower mortality rate than people think. I'll be swooping in to buy up shares from the folks that are scared.---By the by, The Fed has overstepped here and this rate cut was unnecessary.

 

[speedo]

This is all very temporary. Market is healthy and will do fine over the medium to long term. Stocks on sale here. I'll be day trading long if the right opportunity presents itself. We are in value territory. I'm glad we are finally getting to where this can run it's course.

The only markets "healthy" are those for toilet paper and hand sanitizer and they have supply and distribution issues. Thousands of private business will be shuttering daily and big biz will take historical hits....wake up.

 

[Spooz Top 2]

The only markets "healthy" are those for toilet paper and hand sanitizer and they have supply and distribution issues. Thousands of private business will be shuttering daily and big biz will take historical hits....wake up.

Exactly... B1, enough already...

 

[Spooz Top 2]

I know 2 people with it

By the end of the week... everyone will know someone! My daughter had the flu on Weds.. turned out to be standard type A .. done in 2 days! Thank God!

 

[syswizard]

Here is the CME Group's published list of circuit breaker levels:
https://www.cmegroup.com/trading/price-limits.html#equityIndex

 

[Hooti]

Expect governmental power grabs that will make FDR look like Reagan. With states and cities ordering businesses like bars and restaurants closed, many thousands of week to week employees cannot meet rent and car payment obligations....the hits keep coming. The very powerful see opportunity, the politicians and corporate heads are afraid of the lawyers and the working folk will get the shaft as usual.

At some point "the people" may do a french revolution thing... Stand up and move on the wealthy. "The people" can lose tolerance of lawyers and anybody else who assumes they are stupid.
...but this can play out in ways that are good or bad. We are getting a kick in the pants. Good can come out of this if we think about it and work together. Things need to change in how we have been going about a lot of things.

 

[Laissez Faire]

That was fast.

 

[Buy1Sell2]

This is all very temporary. Market is healthy and will do fine over the medium to long term. Stocks on sale here. I'll be day trading long if the right opportunity presents itself. We are in value territory. I'm glad we are finally getting to where this can run it's course. We don't want folks to die, but hopefully the steps we are taking will limit the deaths. I anticipate that as kits are rolled out, and more cases identified, we'll begin to get a sense of a much lower mortality rate than people think. I'll be swooping in to buy up shares from the folks that are scared.---By the by, The Fed has overstepped here and this rate cut was unnecessary.

Buy low, sell high. That is what I'm looking to do today. It's easier for me to do that on pullbacks or panic sells etc. ---Looking for right opportunity to get into a day trade long. If we keep halting, and even if not, we'll be looking at more great long term buying opportunities.

 

[Buy1Sell2]

This is all very temporary. Market is healthy and will do fine over the medium to long term. Stocks on sale here. I'll be day trading long if the right opportunity presents itself. We are in value territory. I'm glad we are finally getting to where this can run it's course. We don't want folks to die, but hopefully the steps we are taking will limit the deaths. I anticipate that as kits are rolled out, and more cases identified, we'll begin to get a sense of a much lower mortality rate than people think. I'll be swooping in to buy up shares from the folks that are scared.---By the by, The Fed has overstepped here and this rate cut was unnecessary.

In the bigger scheme of things, The Fed cut is immaterial really. It's just a blip. The real thing is the defeat of the virus which will happen soon and the return to normalcy. This will be aided by the safety net that The administration has set up to keep the economy moving. When all is said and done, the world will be investing in The US.

 

[Spooz Top 2]

At some point "the people" may do a french revolution thing... Stand up and move on the wealthy. "The people" can lose tolerance of lawyers and anybody else who assumes they are stupid.
...but this can play out in ways that are good or bad. We are getting a kick in the pants. Good can come out of this if we think about it and work together. Things need to change in how we have been going about a lot of things.

I`m not so sure "The People" are Strong enough... or Destitute enough to revolt today or anytime soon... It`s been overdue for quite some time & feel it will happen at some point in the future... preferably in my lifetime so that I may see a slew of politicians heads do the " Robes- Pierre" into a basket after a meeting with Mr. Guillotine!!!!