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Thread: Black Monday

  1. #6291
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    Quote Originally Posted by bull.... View Post
    plunging again long way to go down yet
    Come on lets not get all hyperbolic. -.45% is not plunging in my book.

  2. #6292
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    The question for me is....did the ASX have the worst of it yesterday, and will it bounce on expectation of the FED acting, or an oil deal getting done?

  3. #6293
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    Quote Originally Posted by jonu View Post
    The question for me is....did the ASX have the worst of it yesterday, and will it bounce on expectation of the FED acting, or an oil deal getting done?
    Australia called down 359 points or another 6% today. So could be ugly.

  4. #6294
    Guru Crypto Crude's Avatar
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    Dow jones looking like skin and bones...

    .^sc
    BITCOIN certified rat poop. NSA created, Expensive to send, slow, can only trade on cex, no autonomy, spaghetti code, has been hacked, accidental Backdoor brc20s whoops, no one building on it, alienated all cryptos against it, volume is fake, few whales control large supply... it will perform though

  5. #6295
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    the weird thing is that last night I longed the SP500 and shorted bonds. Both bullish in a very bearish market.
    got stopped on the stock index but the bond short is doing well and will more than compensate.

    I have subscribed to this for a few months - its not bad. https://www.theboombust.com/ hopefully they get it right
    they issued a red boom signal on 10y Treasurys. so when I saw the gartley I hit it


    Attachment 11103
    For clarity, nothing I say is advice....

  6. #6296
    Legend Balance's Avatar
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    Dow charging ahead.

    The roller coaster ride continues!

    Down towards the inevitable lower end point?

  7. #6297
    Speedy Az winner69's Avatar
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    Quote Originally Posted by peat View Post
    the weird thing is that last night I longed the SP500 and shorted bonds. Both bullish in a very bearish market.
    got stopped on the stock index but the bond short is doing well and will more than compensate.

    I have subscribed to this for a few months - its not bad. https://www.theboombust.com/ hopefully they get it right
    they issued a red boom signal on 10y Treasurys. so when I saw the gartley I hit it


    Attachment 11103
    10 year US bonds on a PE of over 200 suggests they not cheap
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #6298
    ShareTrader Legend bull....'s Avatar
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    dow popped off bottom support last night at 23600 part of the giant range we have mentioned before. currently oscillating around in the range. will eventually breakdown i would think leading to another 17 - 20% move down to next support.
    one step ahead of the herd

  9. #6299
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    Quote Originally Posted by bull.... View Post
    dow popped off bottom support last night at 23600 part of the giant range we have mentioned before. currently oscillating around in the range. will eventually breakdown i would think leading to another 17 - 20% move down to next support.
    I'm with you on this Bull. Thanks for the post 👌 it is not pretty

  10. #6300
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    Just the fracking shale Oil industry going to the wall will be enough imo along with trump reneging on releasing actual details re payroll tax removal etc. These days were his moment to shine , so far its been dismal and he is coming across as weak and ineffectual.

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