how far could the market go down?

Clapping .... permabulls bwahaha, we'd been calling time for selloff in January

My only top call was here January 24th... nailed it

https://www.elitetrader.com/et/threads/market-top-here-because-tvix-1-year-high-volume-today.339756/

 

150k volume and 5% take down. Hmmm.

 

it was more of an agreement, i exited premarket on the 21st i think....401k getting beat though

 

The market is going to money heaven. The Fed and congress will have to come up with something.

 

How far does tesla move down on oil news?

With gas prices about to plummet no need to spent it on electric vehicles when you can buy gas for under $2.00 a gallon.

Tesla could easily lose $100+ tomorrow!!!

 

$100 is peanuts, the stock was around $180 9 short months ago. That's the biggest problem with this market finding footing. Stocks like TSLA traded like pink sheet stocks (price action wise) in the weeks leading up to this debacle.

 

Anyone going long oil?

I'm looking at USO tomorrow below $6.00


If a deal is made oil could jump back to $35.00

This is historical tonight, I believe only one other time nearly 30 years ago is the last time we saw oil drop by such a great amount ...

 

$100 is peanuts...with oil falling, gas could be back to 20+ year lows, could easily fill up for $25 a tank. Who would need electric!!

 

It's amazing how the whole economy depends on a single candle stick.

 

kc, what timeframe charts are you liable to use on a trade? Thx