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-   Off Topic - Trading The Financial Markets (http://www.paceadvantage.com/forum/forumdisplay.php?f=96)
-   -   Stock Market Prediction (http://www.paceadvantage.com/forum/showthread.php?t=133768)

PaceAdvantage 03-12-2020 01:14 PM

Now it dropped 600-800 points from the top of the short covering rally

Saratoga_Mike 03-12-2020 01:16 PM

Quote:

Originally Posted by PaceAdvantage (Post 2572623)
Like I just wrote...the blowback against this insanity will be coming soon.

The reason the market jumped is because the Fed announced "new dramatic funding actions" whatever that means.

So the shorts started covering their asses...what else is new.

I think the market expects more --- announcement is just expanding its repo program (provides very short-term collateralized liquidity).

thaskalos 03-12-2020 01:19 PM

I think I'll stick to the horses. Less volatility over there. Plus...I like to know why I am losing. :ThmbUp:

barahona44 03-12-2020 01:46 PM

Quote:

Originally Posted by thaskalos (Post 2572629)
I think I'll stick to the horses. Less volatility over there. Plus...I like to know why I am losing. :ThmbUp:

And it only takes 2 minutes or less to lose your money!

thaskalos 03-12-2020 02:11 PM

Quote:

Originally Posted by barahona44 (Post 2572638)
And it only takes 2 minutes or less to lose your money!

That's right...instant results. It shouldn't take an "investor" TEN YEARS to realize how ignorant he is. :ThmbUp:

PaceAdvantage 03-12-2020 02:14 PM

Oh look...the pop caused by the Fed is now about 75% evaporated...:pound:

airford1 03-12-2020 02:31 PM

I think my broker is the kid that caddied for Happy Gilmore.

mikesal57 03-12-2020 03:04 PM

1 Attachment(s)
All my hard earned money.....

Michael 03-12-2020 03:18 PM

Quote:

Originally Posted by mikesal57 (Post 2571916)
PA....He's picking on me...:(


Just so you know.... Dividend's don't mean anything. My father was the same way... always looking for dividends. "it has a drip program" :pound:

you want to know where the money they're distributing is coming from. The realitiy is... not many people even look at financial statements... and if they do... simply look for the bottom line and say "wow" dividends.

What's more important... is where that money is coming from. Why they are able to pay money out.


Think of financial statements as PP's. if you're not reading them... you're no better then the shmuck at otb betting his birthday and wheeling it with the date and time of his last winning bet. That's my opinion though.

At current... if you're not worried about quantative easing 4&5 and the feds balance sheet... you should be worried. these are lines in the sand... they tell you how far things have gone.

Tape Reader 03-12-2020 03:22 PM

I think the ES needs to take out the low of 2340 before we can get a serious rally.

Yep, that’s at least another 160 points to go.

PaceAdvantage 03-12-2020 03:29 PM

Now we're back to pre-Fed pop. Nothing but a good old-fashioned short-squeeze that was...

It's going to be an interesting final 30 minutes.

lamboguy 03-12-2020 04:03 PM

there is trouble in paradise for the dow now. 15,000 is game now before the bounce.

ReplayRandall 03-12-2020 04:50 PM

Futures Market Diving
 
Futures Markets bleeding

Watch in real-time for yourself

https://www.investing.com/indices/indices-futures/

thaskalos 03-12-2020 05:08 PM

Quote:

Originally Posted by ReplayRandall (Post 2572732)
Futures Markets bleeding

Watch in real-time for yourself

https://www.investing.com/indices/indices-futures/

Are you accepting phone calls, Mr. Randall?

PaceAdvantage 03-12-2020 05:47 PM

Quote:

Originally Posted by ReplayRandall (Post 2572732)
Futures Markets bleeding

Watch in real-time for yourself

https://www.investing.com/indices/indices-futures/

Hey RR...let me ask you down here where it's a bit, shall we say, safer.

What's your take on the whole Tom Hanks + wife's COVID-19 deal...I know you must have an angle on this. I'm interested in hearing it, surprisingly enough.

Are the 'Q' folks angling it this way? He's gonna "die" from this virus, thereby whipping people into a "past the point of no return frenzy" on this whole thing...but he's secretly using this to fake his own death to get out from under that whole "shadow..." You know the one I'm talking about...


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