Vote: S&P higher or lower by end of April??

[dozu888]

I'd like to ask everybody to do this exercise.

let go all of your opinions. because you formed your opinions, based on the shit that my boyz fed you.

just look at the price chart. bar by bar, what is the price action saying.

do this exercise, then discuss.

I am not holding breath because you guys are all blind and deaf and have zero logical thinking ability to go at this independently. you will just keep forming opionions based on the shit my boyz feed you.

 

[zghorner]

you think like a 4.5 yo trader.

lmao man you are the most rude dude why is that?

 

[dozu888]

lmao man you are the most rude dude why is that?

no it's a semi-inside joke with @Overnight

I am a very nice guy.... I actually offered to talk stuff over skype, if anyone does you will see I am very nice and extremely intelligent.

 

[systematictrader]

Business back to usual


Hahahahaaaaaaa

You are funny. .....

Back to usual???




Okay let's see. They approved a $350 small business stimulus package and as of today they want to add even more stimulus to small businesses. Yep. Because the entire nation needs a free fucking bailout...How about handing us each $250,000 and let us really party. So you think business as usual. Millions and millions out of work...you think when businesses open its going to be back to normal??? Ha ...far from it. Some businesses will never open again...its not business as usual

lets give @greeneveryday some credit here, yes some business might not open because they are officially out of business but others will step in and fill in the void and demand, perhaps its not back to usual right away but the potential and ability to operate as usual will drive people back to things and places and business that are money hungry to fill demand. One can argue also that there might be a surge being that people have stayed in excessively longer than usual. The stimulus though plays a role and MOST importantly how long this takes can make either of you right, timing is obliviously the key and when people can go back to what they did before. Keep in mind most of us here i assume saw both crashes now and 2008 but not much before, The governments and QE and all of that are considered pretty seasoned in how they deal with crisis today as compared with lets say 100 years before. When the great depression they didnt interfere for quite some time. Bernanke was a big student of that and supposedly he saved us in 2008 from entering that. They are now quickly to respond. This was NOT even the case in 2008 when Paulson was yelling " NO MORAL HAZARD" here and was insisting on NOT helping the banks in the beginning. Inflation?? commodities arent pricing any of it yet. Were still at yearly lows. Gold is leading the pack but still not at its old bubbly highs, In either case, Fundamentals are not my forte and i can care less on what news says what analysis comes out to etc etc, end of day i see it as all will be reflected in the charts, the long term (weekly) for yearly trends and daily charts for monthly trends, anything smaller, dont ask me, ask day traders

 

[Clubber Lang]

what is the market saying? what is the price action saying?
what is the market saying? what is the price action saying?
what is the market saying? what is the price action saying?
what is the market saying? what is the price action saying?
what is the market saying? what is the price action saying?
what is the market saying? what is the price action saying?

Please answer your own question from above?
Why were you holding long for a 35% wipeout in three weeks?
What was the price action saying?
Why didn’t you go to cash or at least some cash and buy back much much lower?

 

[Sekiyo]

The public here thinks lower... Bet the other side = buy calls.
I also see stocktwits full of bears. Lol... This is lovely for my spy calls

Since you’ve registered,
The market has lost 6.30%.
And your nickname is “GreenEveryday”.

I wonder who’s worth to corner.

 

[KCalhoun]

The naivete of holdout bulls in a bear market during a global pandemic is funny.

Bulls = dudes playing kazoo on deck of Titanic saying it won't keep sinking.

Price action this last 8 weeks is down. Downtrends do have bounces which amateurs confuse with trend reversals.

 

[notagain]

ES 2900 lower virus deaths and possible oil deal, maybe tag the 200sma

 

[systematictrader]

The naivete of holdout bulls in a bear market during a global pandemic is funny.

Bulls = dudes playing kazoo on deck of Titanic saying it won't keep sinking.

Price action this last 8 weeks is down. Downtrends do have bounces which amateurs confuse with trend reversals.

But Calhoun, respectfully who is to say this is a bear market? If so defined how ?

 

[murray t turtle]

April 8th S&P = 2750

Actually as traders it doesn't much matter, if markets go up we buy, and if down we sell....

But just for fun, what's Your vote?

I'm aggressively bearish and will be buying SQQQ TVIX SDOW SPXS VXX etc for short term swings on all 2day highs they make. Imho right now is the perfect time to short the fck out of the market.

I bought oil today too APA OXY UCO etc

%%
I closed an ERX profit- better to early than late on that
SRTY + SDOW is below 200dma, but see where it closes for week. Its Thur,10;14 am cst