InvestorsHub Logo

realfast95

02/07/16 3:07 PM

#9840 RE: squashjohn #9839

the premise of the BofA analyst was for China to show the outflows look contained. It doesn't look contained.

But it also doesn't look worse as Goldman indicated. So I don't see a big dump Monday.

There is a 25% chance we rally back to 1973 and a 75% chance we fall below 1812. According to a knowledgeable yahoo poster.

This article outlines the Head-and-Shoulder plus historical bear markets.
http://www.zerohedge.com/news/2016-02-07/what-charts-say-now-time-worry

looks like a chance to go up a little for the last chance to get out.
my 401k is all in cash. Just day trading in my trading account.
I was long VXX Friday, so I will either sell them Monday if the market continues slowly down, or hold them for the big drop, probably in March.