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  • mrussel1
    mrussel1 Posts: 30,981
    tempo_n_groove said:
    mrussel1 said:
    tempo_n_groove said:
    -1995 to settle at 21,557.

    Actual rally tomorrow or dead cat bounce?

    I see a huge downtrend coming for at least a quarter.
    I see tomorrow as flat to slightly up by days end.  Where are we now?  Down 25%?  Yikes.  I don't know that that we have a ton to go on the free fall.  Maybe another 1000 to 1500, so long as the world doesn't end. 
    Dow theory says there is Friday rally.
    Yeah I know, but this isn't normal.  I hope your'e right, but I wouldn't buy right now.  
  • bbiggs
    bbiggs Posts: 6,965
    mrussel1 said:
    tempo_n_groove said:
    mrussel1 said:
    tempo_n_groove said:
    -1995 to settle at 21,557.

    Actual rally tomorrow or dead cat bounce?

    I see a huge downtrend coming for at least a quarter.
    I see tomorrow as flat to slightly up by days end.  Where are we now?  Down 25%?  Yikes.  I don't know that that we have a ton to go on the free fall.  Maybe another 1000 to 1500, so long as the world doesn't end. 
    Dow theory says there is Friday rally.
    Yeah I know, but this isn't normal.  I hope your'e right, but I wouldn't buy right now.  
    Agreed. I’m waiting. 
  • dignin
    dignin Posts: 9,478
    So when does the Fed throw in that 1.5 trillion? I hope it hasn't went in today, because it did sweet fuck all. Markets down 10% in one day can't be great.

    Also, I have no idea what I'm talking about.
  • Saltzy23
    Saltzy23 Posts: 1,350
    -2400...

    OMG.

    Smoke em if ya got em boys.

    The world is on fire.
    'I know I was born and I know that I'll die, the in between is mine.'
  • tbergs
    tbergs Posts: 10,503
    I'd say we'll be looking up at 20k tomorrow when the day ends. No reason to rally yet. Nothing has changed and now the leak that Trump purposely delayed testing to keep numbers low won't help anything. He'll be in rare twitter rant form and we'll spiral into the weekend the week before a majority of schools and all sports leagues will be in limbo.
    It's a hopeless situation...
  • tempo_n_groove
    tempo_n_groove Posts: 41,877
    dignin said:
    tempo_n_groove said:
    Will tomorrow be the "dead cat bounce" rally?

    Still at -1700 on the day.
    How many times is this dead cat gonna bounce?
    Dead Cat Bounce is the rally you get when you have down days.  I don't see it as one if it happens during a normal trading day, that's just volatility.

    I see there to be a rally today then the downfall continues Monday.  This downfall is going to happen for a good month or two until the virus scare is gone and people can start functioning as normal again.
  • tempo_n_groove
    tempo_n_groove Posts: 41,877
    dignin said:
    So when does the Fed throw in that 1.5 trillion? I hope it hasn't went in today, because it did sweet fuck all. Markets down 10% in one day can't be great.

    Also, I have no idea what I'm talking about.
    Last recession they threw money at the economy and it didn't even make a budge.

    Something I never understood was where are they "pumping" money to?  Who's getting that 1.3?  Give that money to the people and shit would happen.  That would be $4300 a person.  Could be more if you give it to just working people.

    If I hear Trump say Quantitative Easing then I know we are really screwed...
  • mrussel1
    mrussel1 Posts: 30,981
    tempo_n_groove said:
    dignin said:
    So when does the Fed throw in that 1.5 trillion? I hope it hasn't went in today, because it did sweet fuck all. Markets down 10% in one day can't be great.

    Also, I have no idea what I'm talking about.
    Last recession they threw money at the economy and it didn't even make a budge.

    Something I never understood was where are they "pumping" money to?  Who's getting that 1.3?  Give that money to the people and shit would happen.  That would be $4300 a person.  Could be more if you give it to just working people.

    If I hear Trump say Quantitative Easing then I know we are really screwed...
    Quantitative easing works, but it works when the money supply is tight and people don't want to lend.  This was the case after 2008. I'm not sure that's the case at this point.  This is currently a supply issue.  It will move to a demand issue once the jobs start peeling away.  
  • mickeyrat
    mickeyrat Posts: 45,239
    mrussel1 said:
    tempo_n_groove said:
    dignin said:
    So when does the Fed throw in that 1.5 trillion? I hope it hasn't went in today, because it did sweet fuck all. Markets down 10% in one day can't be great.

    Also, I have no idea what I'm talking about.
    Last recession they threw money at the economy and it didn't even make a budge.

    Something I never understood was where are they "pumping" money to?  Who's getting that 1.3?  Give that money to the people and shit would happen.  That would be $4300 a person.  Could be more if you give it to just working people.

    If I hear Trump say Quantitative Easing then I know we are really screwed...
    Quantitative easing works, but it works when the money supply is tight and people don't want to lend.  This was the case after 2008. I'm not sure that's the case at this point.  This is currently a supply issue.  It will move to a demand issue once the jobs start peeling away.  
    its also needed correction from an inflated valuation due to buybacks after the greatest taxcut any nation has ever seen. it was the best. just the best...
    _____________________________________SIGNATURE________________________________________________

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    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • Halifax2TheMax
    Halifax2TheMax Posts: 43,163
    Dead cat bouncing
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR; 05/03/2025, New Orleans, LA;

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  • Saltzy23
    Saltzy23 Posts: 1,350
    I bought some Apple today for literally no reason other than thinking that it has to go back to where it was once this is all over.

    Throwing darts at a board at this point.
    'I know I was born and I know that I'll die, the in between is mine.'
  • mrussel1
    mrussel1 Posts: 30,981
    Under 22 seems to be the right play for the week.  The 'rally' has been peetering out all morning.  I'm still going with my guess from yesterday that the market will end flat to slightly up. 
  • tbergs
    tbergs Posts: 10,503
    Expect it to plummet after Trump talks at 3pm, unless he can somehow get it right this time. He should actually wait until the market closes to speak at this point. Today hasn't been bad.
    It's a hopeless situation...
  • tempo_n_groove
    tempo_n_groove Posts: 41,877
    tbergs said:
    Expect it to plummet after Trump talks at 3pm, unless he can somehow get it right this time. He should actually wait until the market closes to speak at this point. Today hasn't been bad.
    I saw that as bad timing too.  Unless he says that everyone gets a check for 5K I can't picture it going all that well.
  • tempo_n_groove
    tempo_n_groove Posts: 41,877
    mrussel1 said:
    Under 22 seems to be the right play for the week.  The 'rally' has been peetering out all morning.  I'm still going with my guess from yesterday that the market will end flat to slightly up. 
    Yes, you would be right.  It was a rally I expected.  
  • Saltzy23
    Saltzy23 Posts: 1,350
    Jesus tap dancing Christ, can someone please get this fucking guy to just shut the hell up already?!?
    'I know I was born and I know that I'll die, the in between is mine.'
  • The Juggler
    The Juggler Posts: 49,599
    tbergs said:
    Expect it to plummet after Trump talks at 3pm, unless he can somehow get it right this time. He should actually wait until the market closes to speak at this point. Today hasn't been bad.
    They need to keep his mouth shut.....
    www.myspace.com
  • Saltzy23
    Saltzy23 Posts: 1,350
    edited March 2020
    He is the guy in the meeting room that shows up 15 minutes late completely unprepared, dominates everything and cuts off anything people are trying to say with complete nonsense, pays no attention, and then walks out....

    And people in the middle of this country think this what a 'Big Time NYC Businessman is'.

    He is the guy that any serious NYC professional rolls their eyes at, and has everyone laugh at behind their backs.
    Post edited by Saltzy23 on
    'I know I was born and I know that I'll die, the in between is mine.'
  • The Juggler
    The Juggler Posts: 49,599
    Saltzy23 said:
    He is the guy in the meeting room that shows up 15 minutes late completely unprepared, dominates everything and cuts off anything people are trying to say with complete nonsense, pays no attention, and then walks out....

    And people in the middle of this country think this what a 'Big Time NYC Businessman is'.

    He is the guy that any serious NYC professional rolls their eyes at, and has everyone laugh at behind their backs.
    And Trump know's he is the guy people laugh at behind his back. That is why he is so incredibly insecure...
    www.myspace.com
  • tempo_n_groove
    tempo_n_groove Posts: 41,877
    Is Trump waiting to address people after the markets close?

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