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Thread: Black Monday

  1. #10111
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    Sell off fading.
    Last edited by Waltzing; 25-01-2022 at 07:31 AM.

  2. #10112
    ShareTrader Legend bull....'s Avatar
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    looks like it for today
    one step ahead of the herd

  3. #10113
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    Huge volume clearing out stops and leveraged liquidations. With daily RSI very oversold we are finally getting the bounce. I expect many holders and shorters will be selling on any decent bounce, so the probabilities of new highs are very slim in my opinion.

    Volatility in both directions ahead.

  4. #10114
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    Should be the low for the week
    BTC went to $69K and now $16K. Good thing I’ve been warning you since it was $3K! I was right!

  5. #10115
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    Quote Originally Posted by Entrep View Post
    Should be the low for the week
    I'd say that's most probable.

    A lot of people will be hurting from this months action. Make sure you all keep perspective as there has been amazing gains in the 2 years. If it's impacting your mental health then it's a good time to reassess your risk tolerance and position sizing. Don't let it get to the point of overwhelming you. Feel free to reach out.
    Last edited by JohnnyTheHorse; 25-01-2022 at 08:51 AM.

  6. #10116
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    Fizzer... not even a decent sell off... needs a full on crisis.. gosh forget we just had one... sunny days are here again...

    oh yes almost forgot whole sectors like tourism have been totally trashed.

    war zone ...
    Last edited by Waltzing; 25-01-2022 at 09:15 AM.

  7. #10117
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    Quote Originally Posted by Waltzing View Post
    Fizzer... not even a decent sell off... needs a full on crisis.. gosh forget we just had one... sunny days are here again...

    oh yes almost forgot whole sectors like tourism have been totally trashed.

    war zone ...
    Probably will literally be the case in Ukraine shortly which won't help.

    Very early days to be saying sunny days are here again. This old dog is far more cautious than that.
    Last edited by Beagle; 25-01-2022 at 09:31 AM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  8. #10118
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    we have software in one of our dynamic DLL's from the region. Luckily we got it 7 years ago , the source code.

    should be a lovely summer next year... Rip Curl should be flying off the shelves...

  9. #10119
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    Quote Originally Posted by winner69 View Post
    If it did end up the year at 4440 we might be happy
    Some more info:

    https://www.cnbc.com/2022/01/24/grow...ley-warns.html

  10. #10120
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    I wonder what the late stage buying was from last night.

    Not much of a bargain considering all that's going on.

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