Froddy
Member
- Messages
- 1,072
Oh boy - S&P futures testing the swing low ...I now wonder whether we might test the recent swing low. Who knows? Sometimes we just have to be patient, grab the popcorn and sit it out!
Oh boy - S&P futures testing the swing low ...I now wonder whether we might test the recent swing low. Who knows? Sometimes we just have to be patient, grab the popcorn and sit it out!
Margin call Monday? Now gutted that I've gone 50% cash!The DAX, Dow & S&P just opened in futures -4%. I have never seen such aggressive violence in any part of the Crisis. If I was to quantify it this last 2 weeks is 3-4x worse than the worst part of the Crisis.
Ridiculous eh, this is what no true price discovery and a decade of manipulated markets gets you.The DAX, Dow & S&P just opened in futures -4%. I have never seen such aggressive violence in any part of the Crisis. If I was to quantify it this last 2 weeks is 3-4x worse than the worst part of the Crisis.
I honestly don't know - it really isn't safe to enter any new trades in these conditions - it would be pure gambling. The US futures markets remain shut down, and the Fed has just said it's going to add yet more liquidity. It could be a wild ride today!So @Froddy, when is the time to get back in?
They've got their work cut out for them - TICK chart has barely touched zero!About 6-7 months with a long term view......longer potentially.
Fed $113billion so far
Oh wow - US stock market has been halted for 15 mins after just 5 mins or so of trading!
Totally impotent, now out of credibility as well.They've got their work cut out for them - TICK chart has barely touched zero!
As I said before C, I hoped I would be wrong.Well my bet's not looking good now. DAX and FTSE have both dropped below the 20% from where we started.
Dow barely missed it on this morning's drop.
Hanging on the HSI now.
Hat's off to Wattie
C
As I said before C, I hoped I would be wrong.
DJI below 23432Aye. Well maybe the HSI will save me!
C