A Potted Plant
Honorary Sod
I'm going back to wsb
Biggest crash in stock market history?
- Thread starter Dave Taylor
- Start date
thegock
Well-Known Member
Wait... there are other Financial Advisors???
thegock
Well-Known Member
Halfway there would be what? Down about 12k on the Dow? 18,000? Low bar.
Dave Taylor
Rex kwan Do
I’m thinking high possibility of a flash crash in the next couple of days. 61.8% retracement for S&P almost to the penny. Now that I have been stopped out of half of my positions.
The Kalmyk
Well-Known Member
Dave do you track wins and loses? And thats a real question. I’m wondering how much you are really playing the market. I can’t figure it out?. Inquiring minds want to know your record.
Dave Taylor
Rex kwan Do
This looks too much like a sped up 08-09 Crash, now QE round one is ending similar to 2010 flash crash.
The Kalmyk
Well-Known Member
This doesnt answer my question. Are you Ohfer? Lol
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someone needs to come back and eat his words methinks . . . .
Dave Taylor
Rex kwan Do
U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Recession
The record-long U.S. economic expansion is over after almost 11 years, with what’s likely to be the deepest recession in at least eight decades now under way.
www.bloomberg.com
im talking about when you said amazon was going to drop in price when earnings reports came out, looks like the opposite happened. . . . .
THATmanMANNY
Well-Known Member
fuck amazon!
pkovo
Well-Known Member
I'm not a doom and gloom guy, but quite honestly, a lot of what Dave has said lately makes more sense to me than the current market movements.
Take fancy technical analysis out completely, and just look at the graph below. The S&P is at the same level it was at the end of summer 2019; basically at the level it averaged for most of 2019. I know the market looks 6-9 months out, but with all the hurdles we are facing, how does this make sense?
Yet we're still climbing today on a Gilead speculation.
I fear at some point this market is going to disconnect a bit from emotion, and reconnect a bit more to actual economic data/news, and it will be ugly. But admittedly, I don't understand the movements lately so who knows what could happen.
Take fancy technical analysis out completely, and just look at the graph below. The S&P is at the same level it was at the end of summer 2019; basically at the level it averaged for most of 2019. I know the market looks 6-9 months out, but with all the hurdles we are facing, how does this make sense?
Yet we're still climbing today on a Gilead speculation.
I fear at some point this market is going to disconnect a bit from emotion, and reconnect a bit more to actual economic data/news, and it will be ugly. But admittedly, I don't understand the movements lately so who knows what could happen.
Dave Taylor
Rex kwan Do
I don’t get it? They report tomorrow?
Dave Taylor
Rex kwan Do
I am not nearly always right. I think I am right on the market should crash but does it need to acknowledge logic? No. The FED is a corrupt system designed for the rich to get richer and that they will until they can’t. Until then I will keep hoping that the assface Jerome Powell will one day not get his way. I will turn to the bullish side if 3003 becomes support on the ES.
rick81721
Lothar
Basically do the opposite of whatever Dave suggests! ?
terrabike01
Well-Known Member
All i want to know is who called the bottom back in the March?
It has been said in this string before. Go for the dividends if you don't have the time or the stomach for the volatility.
Because the all these grocery/other stores have done such a good job delivering goods to people at home ??
THATmanMANNY
Well-Known Member
bottle king did it pretty well. Within 24 hours I got my covid19 supply and still going.