Black Monday

[BlackPeter]

Beautiful head and shoulders on the DOW (lower lows). Not quite convinced the recent downturn was just a breather (rather than a trend change). Ah well, time will tell, it always does ...

DOWH&S.JPG

[winner69]

Beautiful head and shoulders on the DOW (lower lows). Not quite convinced the recent downturn was just a breather (rather than a trend change). Ah well, time will tell, it always does ...

DOWH&S.JPG

Suppose in these weird times a head and shoulders should include a face mask.

[BlackPeter]

Suppose in these weird times a head and shoulders should include a face mask.

Only if there is an infection risk .... but given that these patterns are often many months apart I think we can allow them to freely breath through and just enjoy the trend change ;

[bull....]

Only if there is an infection risk .... but given that these patterns are often many months apart I think we can allow them to freely breath through and just enjoy the trend change ;

yea i have my war chest ready once the uncertainty of current risks abate

[peat]

yea i have my war chest ready once the uncertainty of current risks abate

if there is not one fear there is always another.... markets climb the wall of worry.

[bull....]

if there is not one fear there is always another.... markets climb the wall of worry.

yep they do in a bull market , but having some cash available is always smart for oportunities

[bull....]

Billionaire Barry Diller calls stock market ‘great speculation,’ urges everyone to save cash

Each day from now until November is going to get more and more concerning, and more and more decisive, and more and more difficult

https://www.cnbc.com/2020/09/22/barr...save-cash.html

[peat]

Billionaire Barry Diller calls stock market ‘great speculation,’ urges everyone to save cash


Each day from now until November is going to get more and more concerning, and more and more decisive, and more and more difficult

https://www.cnbc.com/2020/09/22/barr...save-cash.html

advises against speculations
buys into casino

[bull....]

MARKETSInteractive Brokers braces for election volatility by telling clients to put up more cash

Elevated option implied volatilities indicate that the markets will be confronting elevated volatility both before and after the November 2020 election,

https://www.cnbc.com/2020/09/23/interactive-brokers-braces-for-election-volatility-by-telling-clients-to-put-up-more-cash.html

[bull....]

the US markets rallied yesterday to test the break down level 3330 , to day that has been respected to confirm the breakdown level