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Re: fourdint post# 1401

Tuesday, 04/20/2021 8:06:09 PM

Tuesday, April 20, 2021 8:06:09 PM

Post# of 4795
lol, i believe so, which imo is a fantastic sign! No one wants to bet against this market makes me feel even better about my position. My comments about pre/post markets has more to do with how hedges use them to move stocks/markets on little to no volume/capital. So when they gap it up 100 points on no overnight volume, once the markets open they know that gap brings new easy money to sell to as they fade the gap they opened. They've been doing this for quite awhile. What we need is a few technical levels to break, forcing some margin calls, as we know margin is being used at 20 year highs. Numerous big names close are broke their 50ma today. JPM, GS,
INTC, DIS, XOM, NKE, TM, GM, GE, BA, PYPL & NFLX tomorrow on gap lower, DE and CAT have both been on fire for months could test their 50ma any day now. As you'll notice this is a very broad array of stocks in numerous sectors that are starting to show the first signs of weakness. SQQQ