Whoa, little sycophant getting in on the action? So tell me this...why is his opinion important if there's zero track record? Why should I listen to him instead of, say, some random guy in a restaurant spouting off his opinion of where the Dow will be in 6 months?
I'll let my customers speak: A great university professor doesn't need to show a biz track record to add value to his students. #stfutrollwanker lol I've earned a solid, honest reputation which is why I have thousands of customers and followers. You're a dckhead for anonymously trolling me, who tf are you? A zero nobody loser. Please gfy and #biteme I'm an honest, popular educator. And a fearless et sponsor who eats little dckless trolls for breakfast. (^_^)
I'm taking that chart with little trust. If this lock down goes past April 30th any gains will be completely wiped out. Everything now is about opening up the economy...over $375,000,000,000 in gdp is lost each week the economy is shut down.
I've been reading and seeing tons of bullcraps saying the low has to be tested...No, it doesn't. Also, people argue about the unemployment is still bad , coronavirus cases are still spiking.,.....Look, rookies! Market doesn't trade on economy. It doesn't care about the economy, ok? This is the big boys' game. Stock market doesn't give a crap about how bad economy is. In fact, consecutively 3 weeks we had worse than expected unemployment number and stocks yet keep going up right after these numbers reported!!!! You get it? I even posted a bunch of threads right on these days nailing exactly what would happen, right when these horrible numbers are out! Look them up .
S2007S, Thanks for the response. Like my grandfather (8th grade education) use to always tell me. "Boy, I see better than I hear". The chart is showing me something different then what I hear (news, etc) Here is the key things we must all know: 1. Nothing is 100% certain. 2. Think in propbabilities. 3. Nobody know nothing. The daily chart shows price reversing from a previous support level back in 2018. Buyers bought for whatever reason. Fundamentally everyting looks ugly. Technically market is reversing from the bear leg. I do not follow fundamentals.
And that didn't take long This news could possibly knock down stocks 3%+ Monday President Donald Trump said on Friday that he will not reopen the economy “until we know this country is going to be healthy.” The U.S. Department of Health and Human Services reportedly projected that lifting stay-at-home orders, school closures and social distancing after just 30 days would lead to an infection spike this summer. Trump said he had not seen the projections but the administration is looking at a “certain date” to potentially reopen the economy. https://www.cnbc.com/2020/04/10/tru...know-this-country-is-going-to-be-healthy.html
You sound utterly professional and sure of yourself....as confident as a pimply-faced 15-year old who can't make the JV football team. A blind monkey can make calls for 20+ years and have hot streaks and happy followers during certain periods. That's not a proven track record. But really, nothing more needs to be said after that juvenile rant. Caveat emptor .
True, the market's price action is what we should pay attention to and trade, even when it defies common sense. Totally agree, so day to day I trade whatever looks like it'll go up. Big picture strategically I believe the market is due to keep selling, daily tactically I trade whatever's moving that looks good. That's probably worth noting as we each post, is trading style/ time horizon. I day and swing trade dozens of small positions each week
greeneveryday, Thank you. I like how you think. You think like me. You are simply stating facts. A smart logical person has to ask this ONE question: 1. With all the bad news, why is the market still going upwards? The bigs boys will never state to the public "The bottom is IN, time to buy"