What's up with your pro-boys? Who sold into this drop? Not the peanut players. I mean they may have sold, but they didn't cause this drop. That be the pro-boys.yeah that's good... I used to be short term as well....
for me I need to have the fundamentals lined up so shorting the 2000 bubble had more conviction.... right I am just accumulating more... no brainer.
Once the market bottoms (quits selling off because of every bad news headlines) and turns back up we will probably see bulls come out swinging and see some spectacular rallies. There is no real fundamental reason yet for this selloff. It is all fear...and headlines. This said I short the declines and will go long once it bottoms and turns. But since it is such a forceful decline I won’t be buying and averaging down on that side. I been mostly selling and scaling in on the short side. Stops have to be wide. Volatility. As of now it is just mostly institutional selling on fears of fundamental disruptions in the economies. Depending on what happens Those fears may subside or get worse if supply chains get seriously disrupted. I really don’t see this as the bulls hammering it down to create a buying opportunity. This is more like bulls capitulating ....exiting positions and joining the bears.
Them pro boys running real scared.What's up with your pro-boys? Who sold into this drop? Not the peanut players. I mean they may have sold, but they didn't cause this drop. That be the pro-boys.
The REAL reason is fear for the Fundamentals turning sour. That souring is just beginning. Prior to the virus there were no reasons for this selloff.There are many fundamental reasons for this selloff. People will postpone spending in so many ways that I cannot even list. I've personally put off air travel because I don't want to spend 2 weeks in quarantine after reaching my destination, not to mention catching it and being sick for weeks or more.
Who will fill all these hotels, airplanes, shows? The more crowded the place, the more risk you have. Not going anywhere is the safest option. Simple.
The REAL reason is fear for the Fundamentals turning sour. That souring is just beginning. Prior to the virus there were no reasons for this selloff.
Could be. Although from what I can tell the fear is of things turning sour or sourer.And I'm saying they've already turned sour. Many of the effects are blatantly obvious to me. The virus hit a long time ago, it only just now went properly global. I'm nearer to the epicenter so the effects have been obvious a long time ago. The market always trades on future value...
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Trenton.