This is starting look like i suspected . The buy the dippers who hold are getting destroyed and selling and trying again and again. Wash rinse wash rinse on the way down . Its impossible to quanify what this virus does to business. In reality if the world locks down and fear goes wild earnings could drop 50-70% short term . I'm a hard core scalper and none of this affects me but i'd be very very cautious after the greatest bull mkt of all time holding positions. The virus was just the catalyst . The fed feeding steroids to the mkt will be the blame. 2000 on the s@p takes us back only 3 yrs,
That's what happens when you give every 17yo in the country a phone with broadband access and their culture being that's all they've ever known. Don't worry Spooz... they'll lose every penny buddy.... the 22-30 crowd here. Dumb like f'n stumps.
2005 you old senile amigo!! I spent many a nights chatting and trading ES with this old SOB He taught me that you don't have to be perfect to catch the top of a bull and make a killing as long as you have the balls to take your shot
I take it then you both consider Fibonacci extensions as legitimate predictors, and a tool requiring skill to use therefore making the user credible?