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Agoura Guy

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Agoura Guy

Re: TREND1 post# 712

Thursday, 08/06/2020 3:11:44 PM

Thursday, August 06, 2020 3:11:44 PM

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At the rate SQQQ is dropping $3.95 is not out of the question.

FAANG pumping off off the charts, the Fed is buying directly.

The key is timing the inevitable reversal. Also, the dollar is collapsing at an alarming rate. The same pattern happened to the Venezuelan stock market as its currency collapsed, a parabolic run before it all blew up.
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