Replies to post #33442 on The New CS Board

[Oddlot]

SPX Will take short-term buy on reversal signal. Buy on stop at SPX 2866.3 or on 10min CCI 211 buy signal, which ever comes first. Risk to below Low of Day.

[jumanji0881]

Indeed. The next tweet could turn the markets. These are only short term moves though. The global economy is slowing and the CBs have very little resources to prevent a major economic recession/depression. The debt will drive the economy into the ground. A report last night stated that seniors over the age of 60 have $2Trillion in collective debt and the report questioned whether the government would do anything about it. One problem is the Millennials would not be pleased if seniors were bailed out given all of their student debt. Everyone thinks the government is the solution and that they can bail out all of the irresponsible people with money from the responsible people. I'm voting for Mr Yang for President because he wants to give everyone $1000/mo and have Amazon pay for it (problem solved).

[ahimsak]

Holding my qqq short until tomorrow, or if it tanks afterhours. I have been through 5 bear markets: 3 short ones (1097,1990, 1998) and the two long recent ones. Volatility increases as time goes on. Normal. Short term traders, like me, can make a lot more money by covering shorts when extreme oversold like now, and then getting back in on rallies.

Trin and tick saying buy today or early tomorrow. They can be wrong, but usually are good signals.