ajtj: Have you heard they are talking about closing the global markets for a day or more?
I have heard rumors, but I certainly hope not. That will throw a wrench into my work.
Haven't they interfered with the free market enough...sigh!
Well I have managed to trade down our average SPY position to 84.50 with only 3 of 5 entries at risk currently. Done by taking profits as the price moves above the average price and then buying back in as price drops back below the average price.
V bottoms are much easier...gg
With so many calling for the bottom today, that has me nervous. Everyone wants a feather in their cap if right. If wrong they will pull a Jim Cramer and pretend they never made that July 15th this is the bottom to the bear call...gg
If they halt the markets, I just can't believe that will turn out good! Traders and investors will just feel even more out of control. Heck, we may get a huge sell off before the halt, if the halt is pre-announced.
LG
PS: Folks in congress calling for yet another stimulus package. Yeah, let’s send checks to all those folks that don’t pay Federal income taxes, yet again. This shit is just crazy.
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