Gotta love ZERO RISK in the SP500 = $$$

R-man also doesn't understand that used car prices are increasing because of a chip shortage. Thus, lack of available new cars means people are buying more used cars, just to be able to get a decent car. Increase in demand = increase in price. It's that simple.

It has nothing to do with the Fed.
What does that have to do with "the price of tea in China"? :confused:
 
Two things are going to happen tomorrow morning.

Rickshaw will stay silent and post nowhere about this sell-off until the market rises again, which could be in days or weeks, or he will post about "sell-off, what sell-off" again if the markets turn green by the cash open.

These are the only two possible universes that can exist.
 
It's about time for a correction :D
Actually as I posted days back, last week's mid week $SPX ATH high was the time - an almost exact 100% (100.4%) move off March '20 low @ 6.68 points (nearly 6.66 or 66.6% ratio) per trading day equaling a Gann time and price squaring
 
Don't worry folks, dip buyers always show up....until they don't. It's mind-blowing how some can call for a correction after the correction has started.
 
Back
Top