The positive is that this will get flushed out pretty fast.
the algo's and huge leverage will drain the swamp soon
enough. Even in 2008 when the sky was falling, the markets
started to recover months before any positive
headlines.
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FANG stocks
Posted by matt on 1st of Apr 2020 at 04:19 pm
AAPL - Chart Link- here's the charts per Steve's comment about weak close for FANG stocks.
AMZN - Chart Link
FB - Chart Link
GOOGL - Chart Link
NFLX - Chart Link
so once the faang stocks
Posted by morton7 on 1st of Apr 2020 at 07:55 pm
so once the faang stocks break lower all heck will break loose.
I am sure we are
Posted by ssaffer on 1st of Apr 2020 at 05:06 pm
I am sure we are going to re-test the lows, the question is when? we have 5-8% moves a day. hard to stay positioned without blowing up your account.
Exactly saffer and that's why
Posted by steve on 1st of Apr 2020 at 05:10 pm
Exactly saffer and that's why it's best to take thing one day at at time - what happens in a day used to take a month
The positive is that this
Posted by ssaffer on 1st of Apr 2020 at 05:15 pm
The positive is that this will get flushed out pretty fast. the algo's and huge leverage will drain the swamp soon enough. Even in 2008 when the sky was falling, the markets started to recover months before any positive headlines.