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Re: dotnet post# 22009

Thursday, 05/05/2022 3:53:38 PM

Thursday, May 05, 2022 3:53:38 PM

Post# of 35944
etf's cause EOD selling/buying adjustment (last post)
since the fund must sell the appropriate amount of the stocks in that fund.
so qqq must sell the top holdings ex AAPL GOOG etc

we have not finished the a to b down. the b to c must rally to fib .38 or higher
eco nbrs tomorrow

Shadow2 thinks there is something going on that this kind of selling has something
else goin on.

this is day 1 of the selloff and foreign markets will correct tonight
so more selling. Td ameritrade and other brokerages will send a message
that they can any liquidate intraday .upon their discretion.

tom obrien thinks this bear ends next october 2023. he also says a bear market
likes to become undervalued and pe of 10 is normal

spy60 must go to rsi 30 or lower. not there yet
https://stockcharts.com/c-sc/sc?s=SPY&p=60&yr=0&mn=1&dy=14&i=p46857756371&a=234724271&r=1593092184058
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