3:00 WH COVID press conference prediction

Discussion in 'Wall St. News' started by Cuddles, Mar 13, 2020.

What will the market do?

  1. Sell off

    5 vote(s)
    50.0%
  2. Rally

    4 vote(s)
    40.0%
  3. Remain flat

    1 vote(s)
    10.0%
  1. clacy

    clacy


    What? US Presidents have declared national states of emergency 58 times since 1979.

    Zero suspended elections.
     
    #11     Mar 13, 2020
    apdxyk likes this.
  2. SanMiguel

    SanMiguel

    Waited all day for that rally. Phew
     
    Last edited: Mar 13, 2020
    #12     Mar 13, 2020
  3. Cuddles

    Cuddles

    Yeah, wtf was that? Short covering for weekend? Left like 5k on the table
     
    #13     Mar 13, 2020
  4. trdes

    trdes


    It's friday evening, around 3:00pm 3:30pm one of the if not the worst time to be short. Seen a lot of other people mention it too, but I know from personal experience as well.
     
    #14     Mar 13, 2020
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  5. SanMiguel

    SanMiguel

    Unless you are of the "I don't want to be long over the weekend team" :)
     
    #15     Mar 13, 2020
    apdxyk likes this.
  6. trdes

    trdes


    Yes, but I am just speaking in general terms, not particularly about today as these are extraordinary times. Even using today as an example if you were short or started to short around 3:30pm time and didn't cover for profits you likely weren't very happy.

    But if you don't believe me just go back and look historically.
     
    #16     Mar 13, 2020
  7. Edmond

    Edmond


    I know! Get rid of that old bag!
     
    #17     Mar 13, 2020
  8. Cuddles

    Cuddles

    'twas only 1300$ if I held....not too shabby....though who knows how much if I had dumped b4 closing.
     
    #18     Mar 13, 2020
  9. S2007S

    S2007S


    That's called a selling opportunity in this big bad bear market. But most will ignore that opportunity.
     
    #19     Mar 14, 2020
    Clubber Lang and apdxyk like this.
  10. SanMiguel

    SanMiguel

    Think we will have a short squeeze then down again
     
    #20     Mar 14, 2020