2300-2800+ is a potential 20%+ move. That is worthy of being called a bottom imo.I'm trying to understand how you rationalize the "collapse of the global economy" ends with just a 2300 bottom?
2300-2800+ is a potential 20%+ move. That is worthy of being called a bottom imo.
I think there is a possibility we squeeze hard this week, targeting people like john who shorted randomly without a stop loss. How much can you weather?
It's a guess, i could ofcourse be wrong. But we are going into QUARTERLY close. This is BIG BIG deal. If we ever pump, we do now.
I wouldn't exactly call my guess "random."
I would honestly rather get back to day trading but I lost so much shorting Thursday without a stop-loss that I think I can make it back.
Like I said, not a perfect strategy.
But there has been no good news coming from this virus thing. It's only going to get worse soon.
30% have it already, don't understand this do you at all.
Stop posting shit. 100 million people in the US dont already have it.
10 days ago the UK had tested 44,000 people.
"Over 44,000 people have already been tested, of which over 42,000 were negative."
Stop posting shit. 100 million people in the US dont already have it.
10 days ago the UK had tested 44,000 people.
"Over 44,000 people have already been tested, of which over 42,000 were negative."
The Anti Body test ??? Link please ??
You realise, that's VERY VERY bad news if so right ?? VERY VERY, months of growth and many many more dead right ?? No predicted peak any time soon.
You don't need an anti body test.
If lots of people had COVID-19 in the past and now have antibodies we would have seen alot more deaths in the past. We saw hardly any the UK just a month ago.
We are seeing lots of deaths now.
That is why there are lockdowns.
The point of the lockdowns is to get that R0 number down to flu like rates so hospitals can cope.
Flu R0 is 1.3 corona is somewhere between 2 and 3