Replies to post #439 on ProShares UltraPro QQQ ETF (TQQQ)

[luckydude777]

Guessing we'll start a bounce tomorrow afternoon or the next day.

HOWEVER ... I'm taking heed of Cramer's comments this evening: https://www.cnbc.com/2020/09/08/jim-cramer-on-planning-for-a-market-rebound-from-the-sell-off-take-something-off-the-table.html

“When we rebound from this sell-off ... I’m insisting you take something off the table ... because it’s rational,” CNBC’s Jim Cramer said.

“I’m telling you to have some discipline. I expect this market to have a near-term bounce, and discipline means you should sell something into that rebound,” the “Mad Money” host said.

I'm guessing strongly that fear is going increasingly creep into this market moving into October-ish timeframe due to civil disruptions as well as political sniping, and upside potential is going to get much more difficult to sustain (No matter WHAT the PPT tries to do to keep the DAC moving higher and higher).

[lumpina]

Well, what say you? You are definitely the chart expert on this board.