Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: NELSON111

The past two weeks are merely prelude.

Now, as you say, the fundamentals are going to kick in.

This is no longer a short term crisis.


87 posted on 03/09/2020 8:18:13 AM PDT by CharleysPride (Peace, Freedom and Prosperity. Thank you, President Trump.)
[ Post Reply | Private Reply | To 74 | View Replies ]


To: CharleysPride
Yeah - I am really at a cross-roads right now. We bounced off the major supports this morning: Dow weekly 200 and monthly 50; NAS monthly 20 and sitting at the weekly 50. WE are very close to the SPY weekly200 and monthly 50.

This week is make or break week. We will see what 1) The FED does and 2) how the algos respond. I love how all these FReepers think they control the market and will move it by jumping back in. They are guppies for the ALGO-Oscars. If the algos think it is still time to short - they may let all of these retail traders back in for a little bit - then they will short them into oblivion.

This week is the Maginot line.

89 posted on 03/09/2020 8:25:02 AM PDT by NELSON111 (Congress: The Ralph Wolf and Sam Sheepdog s<how. Theater for sheep. My politics determines my "hero")
[ Post Reply | Private Reply | To 87 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson