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Message
COVID-19 Market Bottom Was Put In This Morning
Posted on 3/17/20 at 10:17 am
Posted on 3/17/20 at 10:17 am
Technicals are all (Russell, Nasdaq & Dow) turning back up in tandem now. Market now turning from deflation to signaling inflation. Check out the gold and silver miners. Just wow.
Bond selloff picking up steam as well.
Bond selloff picking up steam as well.
7
Posted on 3/17/20 at 10:22 am to Hussss
Beat u by 4 minutes even though I'm not predicting a bottom.....just seen strong support here. Went long early this morning....fingers crossed.
Posted on 3/17/20 at 10:23 am to Hussss
quote:I wasn't worried about the stock market until I read your thread...
COVID-19 Market Bottom Was Put In This Morning
Posted on 3/17/20 at 10:27 am to LSURussian
It's not working my friend. Those days are long gone after I gave up the bottle last year. Nothing but peace and love to ya. 
Posted on 3/17/20 at 10:29 am to LSURussian
Posted on 3/17/20 at 10:34 am to Hussss
quote:
Hussss
quote:
COVID-19 Market Bottom Was Put In This Morning
we are all fricked...bottom is now nowhere in sight
Posted on 3/17/20 at 10:35 am to Hussss
quote:
Technicals are all (Russell, Nasdaq & Dow) turning back up in tandem now
This will not prevent the affects of this:
quote:
Bond selloff picking up steam as well.
Posted on 3/17/20 at 12:35 pm to Hussss
We get 10 of these threads every day. We may be at the bottom but none of us have any idea.
Posted on 3/17/20 at 12:44 pm to mule74
Not saying it is THE bottom, only the bottom related to COVID-19.
Other things will start popping off besides the "virus."
Isn't it interesting how markets look out 6-9 months? 6 months ago repo rates ran wild and I am pretty sure I know why. What is right between 6-9 months from NOW? Yep, the election.
Other things will start popping off besides the "virus."
Isn't it interesting how markets look out 6-9 months? 6 months ago repo rates ran wild and I am pretty sure I know why. What is right between 6-9 months from NOW? Yep, the election.
Posted on 3/17/20 at 12:52 pm to Hussss
quote:
COVID-19 Market Bottom Was Put In This Morning
Yes!
quote:
Hussss
Awe frick!
Posted on 3/17/20 at 6:52 pm to Hussss
quote:
Not saying it is THE bottom, only the bottom related to COVID-19.
Other things will start popping off besides the "virus."
Isn't it interesting how markets look out 6-9 months? 6 months ago repo rates ran wild and I am pretty sure I know why. What is right between 6-9 months from NOW? Yep, the election.
idk man. this is really only the beginning. i've never seen so many shutdowns of events, brands and retailers across the globe. automtovies etc. right now we're betting on who has cash or can add value during this time sure but NYC basically just shutdown for the next month and a half atleast. SFO shutdown.
We're just at the tip of the iceburg. I can't imagine a single company forecasted this year for isolation and quarantine of major cities globally. or having to shutdown production and sales for a week or more.
all the forecasts are updating now and we're getting to understand the impact but reality is that it's going to be pretty massive and widespread problems.
Good news is large global events like this will force necessary invention , introduce new services, and affect consumer appetites about things. so out of the ashes of some old debt laden cash poor dinosaurs should come some fun growth plays.
Posted on 3/17/20 at 6:57 pm to Hussss
You verywell might be right. However, I feel like these death numbers are going to start spiking to whatever their going to look like in the next month, and I just want to see what panic that induces before I call a bottom. Uncertainty is still too high with where this thing goes.
Posted on 3/17/20 at 9:58 pm to Pendulum
I expect it to go lower.
We are still just beginning the Covid-19 impact in the US.
Powder remaining dry.
We are still just beginning the Covid-19 impact in the US.
Powder remaining dry.
Posted on 3/17/20 at 10:43 pm to SoloTiger
quote:
I expect it to go lower.
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