Any rally will be short lived

Discussion in 'Trading' started by NY_HOOD, Mar 23, 2020.

  1. hhiusa

    hhiusa

    I would pay $3K for an American made iPhone. USA! USA!
     
    Last edited: Mar 23, 2020
    #21     Mar 23, 2020
  2. southall

    southall

    Even i dont think the DOW will go as low as 2000, maybe 6000

    And regarding the virus being gone. It wont be gone until we get a vaccine. There will be multiple waves as restrictions get lifted and then re applied.
     
    #22     Mar 23, 2020
  3. Overnight

    Overnight

    Saul can just get you a burner phone for free. Should call him.



     
    #23     Mar 23, 2020
  4. ironchef

    ironchef

    And I am losing my shirt going long. :(:banghead:
     
    #24     Mar 23, 2020
  5. trader99

    trader99

    What symbols are you going long? It's a great market to go long or short. Plenty of opps for both.
     
    #25     Mar 23, 2020
  6. ET180

    ET180

    I was predicting S&P.
     
    #26     Mar 23, 2020
  7. trader99

    trader99

    @ironchef @hhiusa The downside is I miss these huge overnight moves. I was in DIS yesterday trading it around 87-88. Since I'm flat everyday, I miss it when it gaps up and now it's $94 this morning.

    That's the price I pay for being a daytrader. But then again, my account didn't get a huge HIT/drawdown when the market was gapping down 1000pts per day.
     
    #27     Mar 24, 2020
  8. trader99

    trader99

    I just flipped in and out of HAL. Up $3.3K. Done for the day. Nice thing about daytrading.
     
    #28     Mar 24, 2020
  9. hhiusa

    hhiusa

    Hey buddy, we are all friends here. If what you really need is the adulation of people in an online forum, I'm sure most of us would be to happy to boost your self-esteem. Enough with the hindsight trades though. Honestly, what is the point of telling us you made $3.3K in HAL? Make your money and be happy that you are in this situation. Start a trading journal and talk at the twitterverse.
     
    #29     Mar 24, 2020
    ironchef likes this.
  10. What is different this time is the impact on consumer spending. Only after 2008 it did not recover immediately afterwards, the rest of them were like nothing happened to US consumers
     
    #30     Mar 24, 2020