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re: DOW down 1500 points.... BUY BUY BUY

Posted on 6/11/20 at 11:58 am to
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69373 posts
Posted on 6/11/20 at 11:58 am to
It is 100% due to the second wave bs narrative we are starting to see.

and it angers me because investors should know better than to blindly trust headlines without investigating further.
Posted by Y.A. Tittle
Member since Sep 2003
101669 posts
Posted on 6/11/20 at 11:59 am to
Perception = Reality

If recent events haven't shown you this, I don't know what else will. I'm not suggesting it's a GOOD thing, by the way, just saying it is.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11196 posts
Posted on 6/11/20 at 12:02 pm to
It is 100% not because of a news headline on CNN

Do you know how thin the futures market is trading? These are probably dealers shaking out call buying or rebalancing Delta or Gamma exposure in some direction.
Posted by LSURussian
Member since Feb 2005
126966 posts
Posted on 6/11/20 at 12:44 pm to
quote:

It is 100% due to the second wave bs narrative we are starting to see.
So you're going all-in today?
Posted by RedHawk
Baton Rouge
Member since Aug 2007
8856 posts
Posted on 6/11/20 at 12:48 pm to
quote:

It is 100% due to the second wave bs narrative we are starting to see.

and it angers me because investors should know better than to blindly trust headlines without investigating further.


But yet we turn a blind eye to why everything went up the past few weeks? I mean, there wasn't much substance to see such a rapid rise in the market the past few weeks.
Posted by Jag_Warrior
Virginia
Member since May 2015
4129 posts
Posted on 6/11/20 at 12:49 pm to
quote:

It is 100% due to the second wave bs narrative we are starting to see.


Sorry, but I've not seen or heard a single pro trader or anyone in the investment community make that claim.

So you think that it's 100% to do with something that was on TV or in the newspapers, and nothing to do with Jerome Powell's speech? Did some covid related news come out around 3:00 yesterday that I missed?
This post was edited on 6/11/20 at 12:50 pm
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