Dow low in place

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

  1. RedDuke

    RedDuke

    Dozuu no where to be found. Only few weeks ago he was advocating all in, and said originally that 20% decline not until SPX makes 6000 (he later acknowledged, after markets started to fall, that 20 is a possibility).

    Between ATH few weeks ago and this morning decline was around 26%.

    Oh, and he also gave personal guarantee.

    This is why I keep telling people, no one knows shit, and we all need to trade accordingly.
     
    #81     Mar 12, 2020
    comagnum and p0box4 like this.
  2. p0box4

    p0box4

    You do know the week ends tomorrow evening right?
     
    #82     Mar 12, 2020
  3. padutrader

    padutrader

    yes

    and do not forget the liquidity can turn the market in the other direction very fast.

    or to be more precise...... the lack of liquidity
     
    #83     Mar 12, 2020
  4. notagain

    notagain

    now's a good time to quit smoking
    Screen Shot 2020-03-12 at 11.34.15 AM.png
     
    #84     Mar 12, 2020
  5. p0box4

    p0box4

    You still think we see 27000 tomorrow?
     
    #85     Mar 12, 2020

  6. Bro, don't make me fly out to Bangalore to collect. And no f*cking goats.
     
    #86     Mar 12, 2020
    p0box4 and Cuddles like this.
  7. padutrader

    padutrader

    jan 1 2021
     
    #87     Mar 12, 2020
  8. padutrader

    padutrader

    we almost saw it yesterday....it went just 4000 short

    so maybe today it will go that 4000
     
    #88     Mar 12, 2020
  9. padutrader

    padutrader

    such a long bull does not end without some volatility and that has been missing till now......so definitely it is going to 36000....



    will it reach there in 3 months or 3 years or 5 years is the question.

    the virus has burnt itself out in china...….see the chart on CNBC...…

    https://www.cnbc.com/2020/03/12/coronavirus-live-updates.html


    so a month and it will be forgotten like all the other virus
     
    Last edited: Mar 12, 2020
    #89     Mar 12, 2020
  10. padutrader

    padutrader

    the more time it spends in lower levels the more it means the supply is being soaked up at lower levels......

    and the more likely there will be no one left to sell on the way up.until ATH

    if it shoots up, like I predicted it will, it is a range and was likely to test lower levels again.
     
    #90     Mar 12, 2020