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Re: nowwhat2 post# 118730

Saturday, 03/28/2020 11:40:09 AM

Saturday, March 28, 2020 11:40:09 AM

Post# of 128530
The unlimited QE won't do anything for an economy that is at the mercy of a virus. So fundamentally speaking yes I will bet against the markets. I think we've got a major liquidity issue unfolding. As for what's coming in 4 weeks. I think there is a strong fundamental case to be made that this little bounce we've just seen is just that, a bounce. I don't think that its bottom.

I'm trading both ways. I've got very tight limits set. Especially on CGC because it could go the either way. The goal is to execute trades in a day and not hold.

I've been flipping RCL both ways. Friday I shorted it.

I'm not going for huge gains yet. Anything over 5% is good enough for me. Just taking the trimmings while I wait.

I think 4 weeks of major volatility ahead. 2 months will set the tone for long positions.