SPDR S&P 500 (SPY): Nowwhat, that significant drop really di...

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Re: nowwhat2 post# 269919

Monday, 10/22/2018 7:26:51 AM

Monday, October 22, 2018 7:26:51 AM

Nowwhat, that significant drop really did happen to tech XLK sector during (I believe) July or August of 2015 when there was a big China economy scare unfolding and the market dropped suddenly and I remember some ETF's got crushed because of limited liquidity and many good blue chip (and tech) stocks could have been bought so cheap if you had "buy" market orders in at the right time! Nice line chart of the XLK channel. I believe techs will rock well off the bottom of that channel this week and into the Fall/holidays.

BTW the Shanghai is up 4% today! Who do you think is buying?? (righto, the Chinese government!)

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