Replies to post #44651 on OPTIONS TRADERS CO-OP

[gdl]

FED expects contraction for all of 2020 at 6.5 %.

Now the great news. 2021 should be up by 5%.

Do the math and we get? So much for the immediate rebound.
Digesting the news everyone? The market spike move for last 2 days for the NASDAQ looks and smells like a blow off of some sort. Will know tomorrow.

I see a "normal" rebound from a 2 day drop or more likely the sobering message form the FED sinks in and with it sinks the market.

I am looking for a 120 point SPX drop tomorrow. Big prediction but pone that makes sense if we are about to witness the next leg down.