Parabolic move is what we are witnessing..8-2020

[noddyboy]

Nasdaq at levels it last saw a week and a half ago after today's 598 point drop....yes only days ago, yet reading the headlines you would think it was over a half a decade ago. Its simply amazing how quickly these markets can set anyone into a panic.
Another 5% drop tomorrow and it looks like cnbc will be running their "markets in turmoil" special!!!!!

Should I sell now? I am still holding.

 

[Rickshaw Man]

Lets put this pullback in perspective. A tiny dip, when you step back.

 

[S2007S]

And where are those brilliant chart masters who predicted this 8% drop off?????????

 

[S2007S]

Apple Lost $180 Billion In Market Value on Thursday. It’s the Biggest Loss For Any Company Ever.

 

[S2007S]

Powell says low interest rates could last for years
PUBLISHED FRI, SEP 4 20203:52 PM EDT



https://www.cnbc.com/2020/09/04/pow...interest-rates-will-be-measured-in-years.html

 

[Overnight]

Lets put this pullback in perspective. A tiny dip, when you step back.
...

FALSE

Step your charts back to February, and look at the percentage of drop. You ain't seen nothing yet.

 

[S2007S]

Markets closed tomorrow but futures should be wild at open soon. Could easily be a 1% move.

 

[S2007S]

Nasdaq futures down almost 2.5%%%%%%%%%%%


3rd day in a row of significant declines !!!!!

 

[S2007S]

Stocks already signaling a red futures open in 3 minutes


Uh oh.

 

[S2007S]

Nasdaq 10% off its highs. And looks like another red open for now. By tomorrow could open down another 2 or 3 %


The nasdaq was up 82% from march lows to its historical highs just set last week

Greed. Gotta love it. Now comes the panic for the fools who only think stocks only go up.

I'm sure a relief rally is coming and yes we will see the nasdaq rally 400+ point in one day but I hope these new trading fools know how to take profits this next time around.


US 30
27,286.0
DERIVED
18:03:28 | Futures
-262.0 -0.95%

US 500
3,307.25
DERIVED
18:03:29 | Futures
-28.75 -0.86%

US Tech 100
10,967.88
DERIVED
18:03:28 | Futures
-76.62 -0.69%

Small Cap 2000
1,490.05
DERIVED
18:03:32 | Futures
-17.75


S&P 500 VIX
30.77