Dow low in place

Discussion in 'Trading' started by padutrader, Mar 9, 2020.

  1. tsznecki

    tsznecki

    I was watching live and the second he said Europe travel ban I knew we were selling off...

    The rest wasn't half bad but market was expecting something like: "50B stimulus package. Best package ever! Great for America!"

    TBH he looked kinda timid.
     
    #61     Mar 11, 2020
    eternaldelight likes this.
  2. padutrader

    padutrader

    I am really flattered you guys are talking about my call.

    but history shows that that the worst enemy is themselves/itself.

    this has been the case with all diseases and virus.

    in one month no one will be talking about this carona thingy......it will destroy itself.

    everything has an anti everything.

    the anti carona will appear
     
    #62     Mar 11, 2020

  3. I am surprised we're not locked limit. If we're NOT LD by the open then it will be a tradable long.

    Persistent rumor that they are going to close NYSE physical presence/spec-posts. I will be ready to short that news.
     
    #63     Mar 11, 2020
    eternaldelight likes this.
  4. southall

    southall

    Trump is master at destroying his political opponents.

    But this enemy is not human.

    Trump doesn't know how to deal with it.
     
    #64     Mar 11, 2020
    d08 likes this.
  5. tsznecki

    tsznecki

    Personally think ECB brings the bazookas out. -25 bps at least and double asset purchases. Lagarde sounds like she's reliving '08.
     
    #65     Mar 11, 2020
  6. Won't matter. Civil unrest is next.
     
    #66     Mar 11, 2020
  7. padutrader

    padutrader

    market will make new highs from here.....
     
    #67     Mar 11, 2020

  8. Dude, find some money. Sell a kidney.

    New highs? Q3, Q4 2020 GDP is going to be NEGATIVE. HTF can you have been trading markets for years and be this thick? Not slow growth... Deflationary spiral 2020-2021.

    Imagine going into the election with no pandemic... difficult proposition for NHs. Now add a pandemic in which entire industries are going to zero revs overnight. Cruise companies shut down. Airlines at 60% of capacity. Dry goods shippers operating at 40% capacity.

    Crude collapses. Trucking? It's dead.

    4K bankruptcies of companies with (former) revs over $1B.

    NBA. SXSW. Entire countries operating under quarantine. 98% of EU flights cancelled.
     
    #68     Mar 11, 2020
    FriskyCat likes this.
  9. padutrader

    padutrader

    expect dow to close march 12 at 25000
     
    #69     Mar 12, 2020
  10. padutrader

    padutrader

    that virus is dead in one month max

    the anti virus will be formed as is the case in all virus
     
    #70     Mar 12, 2020