https://www.zerohedge.com/markets/s...onnell-says-very-very-far-apart-stimulus-bill The tone has now been set for a continual sell-off into the close. @S2007S Maybe? Maybe not? Algo majiks?
%% WELL since SPXS closed weak + longsETFs kept going up a bit after I sold some/uptrend =friend. DIS closed down+ closed down below50 day moving average; people maybe rethinking the idea of a business model based on a 6 foot fake mouse??
DIS is laying off 28,000 employees. Even if they open, how can they earn enough on say 20% capacity daily. It is losing 80% of your income and you still have your fixed costs, employee salaries, power, licenses, taxes, etc. Extreme liberal states keeping their economies shutdown on purpose to try and hurt President Donald Trump's re-election chances. What they do not understand is Democrat voters work at these businesses and stand to lose their jobs? After November 3, 2020, watch for these states to suddenly, start opening up their economies. A miracle? No, just utter BS!
%% 50 day + 200 dma ,2020 chart look mostly bearish. People maybe rethinking the business idea of a 6 foot fake mouse??LOL
I would opine, we bounced on the 100 MA, gaped, reversed hard, and are looking to test the 200MA. But external influences can "change things". Without them, 200 ma test seems inevitable. Also seems actionable too BTW, but "things change"
Overnight, thanks for playing. I am sure the big boys (hedge funds, mutual funds, banks, brokers) thanks you for your donation. Being an ET troll must be hard. You have to have an overactive mind to see things that are not there? But, keep trying, you will get 1 or 2 right out of your 20 predictions like your ET troll buddies.
Asia heading steadily down, and with China on holiday, all we have left to save the rally is NFP numbers tomorrow. I ain't holding my breath. And by the way...Will someone tell that smallfil folk to stop responding in my threads while he has me on ignore? He's had me on ignore for like 4 years. Tell him to give it a rest already. Either unignore me or just stay the hell out of my threads. It is the epitome of stupid.
Just so you know . You're one of my favorite posters on ET. I read your posts and relish every word. And you are a real trader! I realize I am responding to a post you made in 2020, but who cares? it's still great! I wish you lived close to me. I would call you every time my neighbor has a rat whose arm is caught in a trap and is making a ruckus in her attic. You would know how to handle it! After you bashed its head in with a shovel and dealt suitably with the corpse, I'd hand you a tall cold beer! Keep up the great, and very entertaining posts. You're one of the few who make it worthwhile to drop in here and see what's up.