My guess is part of a bottoming process which is likely to be
very whippy - for example look at 2011 following the waterfall
decline. However, this is simply a guess as the amount of
dislocation as a result of these actions is massive. How
things play out is beyond my ability to forecast at this time.
Thus, I'm trading primarily short term for now. Lastly,
the fixed income market is certainly far from stable - bigger
concern longer term as I've stated for years.
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Critical we close above the
Posted by ssaffer on 17th of Mar 2020 at 04:11 pm
Critical we close above the noon highs today.
Any credit for closing today
Posted by mdgfain on 17th of Mar 2020 at 04:25 pm
Any credit for closing today above yesterday’s close, with a long legged doji?
My guess is part of
Posted by steve on 17th of Mar 2020 at 04:56 pm
My guess is part of a bottoming process which is likely to be very whippy - for example look at 2011 following the waterfall decline. However, this is simply a guess as the amount of dislocation as a result of these actions is massive. How things play out is beyond my ability to forecast at this time. Thus, I'm trading primarily short term for now. Lastly, the fixed income market is certainly far from stable - bigger concern longer term as I've stated for years.