Who is buying here?

[S2007S]

This market has had enough handouts, bailouts, stimulus, QE, and everything else to push the dow 6000 points from its lows, without any of that the dow would still be sitting under 8000, its time to stop throwing money at the market and let the market decide where it should be priced at. Enough is enough.

 

[GrandSupercycle]

S&P500 head and shoulders target is 1,176.
Further downside expected.

 

[piezoe]

Quote from GrandSupercycle:

S&P500 head and shoulders target is 1,176.
Further downside expected.

That's a good target. Before that is about 1205-1200. But on the other hand we still have not closed below the trading range march swing-low (wasn't it 1241.25?), though we dipped below today we closed above it.. So for the time being we are still in this summer's trading range.

 

[GrandSupercycle]

Quote from piezoe:
So for the time being we are still in this summer's trading range.

NOPE.
Try again.

 

[SteveNYC]

Quote from GrandSupercycle:

NOPE.
Try again.

An afternoon reversal would really be something.

Currently S&P is down ~11% from this years high and down ~3% YTD.

 

[S2007S]

I love tuning into cnbc on days like today to see all those talking idiots saying that its a buying opportunity, these were the same fucking idiots saying that it was a good time to invest 3 weeks ago when the dow was above 12500....hahahaha

 

[ratchorg]

so many stocks tanked on my scanner.
almost felt like if i just short anything i would mak emoney. lol

 

[shortie]

Quote from shortie:

what a f*king mess!
buy? sure, if one has cash.

you can say that again

 

[Bob111]

PPT! where are you..

 

[zdreg]

Quote from SteveNYC:

An afternoon reversal would really be something.

Currently S&P is down ~11% from this years high and down ~3% YTD.

peanuts.