Would Stock Indexes Double Dip?

Discussion in 'Economics' started by HeSaidSheSaid, Mar 30, 2020.

  1. I think they would
    1) statistically, indexes tend to drop down to retest the low.
    2)fundamentally, President Trump issued order that extends the quarantine time. I think this catalyst is bad for the economy.
    3) technically, lack of participation!

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    Fx-Game likes this.
  2. SunTrader

    SunTrader

    Agree. IMO indexes are only in wave 4 of 5 of an initial longer term wave 1 or wave A down.

    Much more bear market to go mainly because more time is needed to square price before bull can return.
     
    HeSaidSheSaid likes this.
  3. I just consulted my astrologist who told the fortune of my thigh:
    she said some star went super nova lately, it means mandate from heaven has spoken: new king would be installed (probably, King Biden). King Trump does look tired lately. I don't know if President T would have enough energy and credibility to motivate his base. I'm afraid he might lose his presidency. Sleepy Joe has accumulated so many weapons now. He'd blow President Trump away in the debates.
     
  4. hhiusa

    hhiusa

    You should totally start a youtube channel where you talk like this. I'd watch. This ish is so Hilary-ous.
     
  5. SunTrader

    SunTrader

    No umm actually more like Nancy Reagan. Read a little history ... pre-Clintons. "I just consulted my astrologist"
     
  6. Amun Ra

    Amun Ra

    If the chart looks like it will, it won't. But because you anticipated it won't, it will.

    But now that you've anticipated it will because it won't because it will, it wont.

    Hope that helps with your trading.