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gdl

Followers 89
Posts 7539
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Alias Born 12/18/2012

gdl

Re: None

Thursday, 05/19/2022 10:34:19 PM

Thursday, May 19, 2022 10:34:19 PM

Post# of 521
If we end the day tomorrow in the black I throw in the towel and wait for clarity.
A 3 day rally and a subsequent 2 day drop wiping all that out and closing lower does not sit well with me as a bottom. Never saw such a bottom before. BUT the market is the final arbiter.

Anything other than another steep drop tomorrow and i lose all sense of direction.

Time line in my estimation is already up but here we are still near the absolute bottom. I had thought the closer we get to an ending pattern the more likely a washout event. Big day drops were right after big surges cancelling them out. No capitulation. Maybe in hindsight I can see a pattern. Till then i give up calling each move.

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