Nope, Nasdaq lost 7.2% in one day today.
OUch!!!!
By the end of the week they may be jumping out of top floor windows again like 1929.
This is turning into a currency war and trade war (like the 1930s) and Fear crisis, like 2008. Only on steroids this time. Will Brexit cause the next currency collapse like Germany before WWII?
The smart money was grabbing massive numbers of Put options late last week, the same time QTMM double bottomed from heavy retail selling.
They all knew China was about to drop the hammer.
It will start to get real ugly soon, with flash crashes, and trade halts, maybe this week. When was the 1929 crash? 90 years ago? In August 1929????
Go QTMM!!!!
All of my posts are strictly opinions and should not be considered to be facts, or investment advise. They are for entertainment purposes only.