Still a strong bull market says the quarterly chart

Discussion in 'Trading' started by VEGASDESERT, Mar 12, 2020.

  1. lovethetrade

    lovethetrade Guest

    Investors thought we were expanding into the Milky Way. About to start mining resources on several planets 10,000 light years away.
     
    #41     Mar 13, 2020
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  2. volente_00

    volente_00

    I agree

    All longer term charts still indicate a rotation from 2350-2400 back to near 2900 with 3340 still in play and possibly even 3500 once the fear sellers are done puking

    The caveat is if 2870-2930 caps SPX on this 20% bounce and corona takes over the world then 1400-1500 comes into play
     
    #42     Mar 13, 2020
  3. %%
    That the right direction; but I don't know any investors that think like that + I met quite a few.And the media is so negative-plenty of stuff has been going up this month SDOW, SQQQ...............................................................................................Jim Rogers, as a matter of public record, said this is a buy week , but I would not call that a prediction LOL
     
    #43     Mar 13, 2020
  4. Cuddles

    Cuddles

    You do realize why SDOW and SQQQ are up I hope?
     
    #44     Mar 13, 2020
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  5. %% Yes ;
    SDOW is a better benchmark for me than DOW, LOL. And DOW/DIA are heavy weighted in BA, XOM, CVX..........................................................Tightened stops on SDOW, today
     
    #45     Mar 13, 2020
    ironchef likes this.

  6. lol Bro, don't quit your day job.
     
    #46     Mar 13, 2020
  7. ironchef

    ironchef

    Should we zoom all the way back to 1929?
     
    #47     Mar 13, 2020
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  8. ironchef

    ironchef

    DOW down! A nice ring. :D
     
    #48     Mar 13, 2020
    murray t turtle likes this.
  9. %%
    I don't know why the media is SO negative on DOW + stock market;
    SDOW is still nicely extended above 200dma. LOL
     
    #49     Mar 13, 2020

  10. For god's sake - use a log chart.
     
    #50     Mar 14, 2020