2 inches high at 100 yards.
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Thank goodness. Time for a margarita. (Self medicating without calling TDOC)
Yes. Seeing evil market makers or God forbid, secret messages in the trade numbers is a sure sign that ones touch with reality is slipping.
Evil market makers only exist in the penny stock reality distortion field. Don’t get drastic and quit trading. Learn and adapt.
And drink, drinking helps. Just sayin
If this hits $200 I have some GTC orders that will trigger for when.........oh heck, my theories are clear by now. I want a frozen margarita!
That could happen. The only major difference is the banking rules from ‘08 should keep the banks a bit safer therefore the possible low somewhat higher than 6000. Either way it’s a ripple in the force that will pass. And the market will make new all time highs like it always has.
If one stays off margin, buying and holding best of breed type stocks is easy and lucrative.
You would be amazed at the inexperienced folks back then that tried to convince me constantly that we were doomed and the Dow would never go over 10,000 ever again. EVER! Funny stuff.
The Dow will be 30,000. When? Hell I have no idea.
TDOC still works in the zombie apocalypse!
Fascinating day. Check Dow 30 minute chart and you can see the bears trying hard to push it back down in the last 30 minutes but could only manage a 4% drop. I love days like this. I remember’08 well and see some definite similarities.
I love this casino.
You could be right about lows. You could be wrong also. I have been pretty successful at this for decades and at lows i don’t keep cash, I start slowly deploying it so I can take profits at highs. Just saying. Of course I like to maintain 50%. cash and when under that I sell strength to get back the cash. When I sell strength and have extra cash I sit on it (at highs not lows) and wait for big pullbacks.
But that’s what works for me.
Something seems shady. Just like the emu and his brother.
It is seriously interesting that we have some major dumping going on today. Very interesting indeed. What’s that sound? Sounds like cricket chirps.
Market looks to close barely down on the Friday of the biggest one week run since 1931, in a horrible environment. Looks like the rally off the bottom still has legs.
Correct. Not a bad Friday after a week long run. AAPL looking solid for the current situation.
I agree young man. Speculation keeps it fun!
Good luck I hope you clean up. I stopped on penny stocks years ago.
Nah, these guys will keep the scam alive all the way down through triple zeros and that could take a long time.
Not exactly but soli may be a good play also. If I only played pink sheets stocks.
Tanking under serious volume. Beware! Charts can often reveal information leakage, we saw that right before the last disastrous court ruling. Although I admit everyone got to hear the new best lawyer ever bumbling around like a high school freshman on his first date, so that didn’t help.
Could be a good trade. Good luck.
Well, tomorrow it’ll be one day since sub-penny that’s a 100% increase. BEST POSITION EVER.
lol
Umm that’s assuming it doesn’t close down there so I may be prematurely excited.
As they say in the market, they sell for a thousand reasons, they only buy for one. If you drill down a little deeper than the surface of that tasty tidbit it becomes a little less tasty.
Hint: Check on schedule selling plans. All big CEO’s have them in place, it’s automatic and keeps them from being guilty of insider trading. Of course he could also be about to buy real estate or a yacht or an airliner or any other of the thousand reasons.
Hope that’s helpful.
That’s basically how these things go, in painfully slow motion.
Correct as usual. Tanking under heavy volume is nobody’s imagination or anything. Been trying to warn.
How’s TDOC looking now? Just wondering.
Uh oh. Sub penny hit. It’s official so far low of the day is .009895. Now we know when that’s gonna happen. We also know my calls have been hit 100% of the time.
Patience is clearly a virtue.
I don’t think so. I think we have a pullback but we aren’t giving back the approximately 4000 Dow points we gained in the last 3 days. A pull back of a few hundred points is probably a pretty safe call. I could be wrong of course but it’s possible we close flat or even green.
Futures are down over 300 pts, making a pullback a safe call. Giving everything back? Nope, I don’t think so. As I’ve said this unprecedented situation is a great learning experience, let’s watch and learn.
Absolutely correct. I like trading it with options. Sometimes calls sometimes puts and sometimes a straddle. I have a long position also.
Doing ok. Making some money. Sheltering and fully stocked.
How we doin’?
Dropped below the 200 dma and closed above it. Thoughts?
It’s hard for me to imagine that this company saying they’ve switched to the newest virus and intend to cure it still fools anyone. Especially since they’ve done it so many times. They were intending to cure aids, Ebola, bird flu, swine flu and I forget the rest.
Never actually did any of them. How stupid can novice investors be?
Dow exits bear market adds 1,351 points on $2 trillion relief pkg.
Dow exits bear market adds 1,351 points on $2 trillion relief pkg.
Downtrend intact.
I think it’s more complicated than it seems and that’s why so many lose money in the market.
Looks like the million share order on the ask was no joke or at least it gave someone some direction. Congrats to the seller.
Well. I would say we should have a pullback after that monster run. Maybe it’ll qualify as tankage. That’ll be normal at this point. Fascinating market action.
Wow. What happened today?
I see a headline that say DOW exits bear market. Well that was quick. Not sure about that myself.
DOW up huge again and on histoic unemployment numbers. Fascinating stuff. Reminds me of ‘08 I tell ya. Biggest 3 day run since 1931. Ok who thought it would tank?
LOLOL. Alrighty then. I guess that’s one way to look at it. I’m sorry sometimes my point is even less obvious than the way to make gains.
Oh I see. So a million on the ask is irrelevant but a couple hundred k on the bid is oh so important. ROFL.