Listen to the news today and how many people mention how frothy this market was and needed a pullback but literally yesterday the nasdaq was running up at historical highs while everyone was raising price targets on amazon. Let's see how these new traders take on a possible 1000 point dow sell off especially waking up to a huge gap down....
Why do i have this feeling something positive by the fed or president is percolating....maybe the announcement of more small business loans, maybe lowering capital gains tax. I bet the fed has a list of free handouts they have all set to go at each s$p level .....
OMG why do i always buy the top and hold all the way down and sell at the bottom, I'm so unlucky I'm only doing what cnbc are telling me to do lol
Sheesh. Don't sell the bottom. Avergae in. Every single expert I hear on cnbc and what in reading is that markets that rally hard off lows is that 6 and 12 months out they are up 100% of the time....
Tomorrow stocks set to surge on reopening of economy, will be the headline..... Hahahah......what happen to the reopening rally??? over that quick? Come onnn. Now it will be on slow reopenings as second virus wave concerns Stocks set to plunge at the open on virus second wave concern, Dow futures down 800 points PUBLISHED WED, JUN 10 20206:05 PM EDTUPDATED MOMENTS AGO
The gap up from last thurs/fri, 26300ish to 27000ish has been on the radar. Now it is faded. I see four more smaller ones all the way back to 23575. 25711-25944 25465-25582 24462-25013 23578-24274
Siegal on cnbc hyping up his bullllllish stance again. Who else better to have on cnbc but siegel when the dow is down nearly 1000 points
You get, that's not what I do, but the average trader does right, listens to CNCB and gets fooled into doing exactly the wrong thing.