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All is not fixed with a mega up day….even if everyone went back to work tomorrow by some miracle an enormous amount of economic damage has been done.
Still think we take out March lows…. trust me to chose the scenic route.
Gold, silver, and bitcoin had a great day mind. 😎😎😎 Pleased with that.
Hope everyone is well and keeping out of harms way.
More cases and new lockdown in China. China being blamed for a cover up. That will p%ss them off even if it is true. Cases yet to go parabolic in UK or US. Firms were struggling prior to the virus. Damage done to financials is yet to emerge. I think it is a given we break March lows and some. 15k dow this month I reckon. Sell all rallies imo. Despite the sharp sell off I didn’t see or feel we ‘capitulated’ as such if you get what I mean. We need that for a decent sustained bottom to be in.
LOL The biggest mustard bear known to mankind!
I am but the bear is enjoying himself at the moment. Like catching salmon in a river…. 😜
no way that March low holds imo. I’d almost bet the ranch on it.
More cases and new lockdown in China.
China being blamed for a cover up. That will p%ss them off even if it is true.
Cases yet to go parabolic in UK or US.
Firms were struggling prior to the virus.
Damage done to financials is yet to emerge.
I think it is a given we break March lows and some. 15k dow this month I reckon. Sell all rallies imo. Despite the sharp sell off I didn’t see or feel we ‘capitulated’ as such if you get what I mean. We need that for a decent sustained bottom to be in.
all these mental moves lately have surely blown up a lot of funds. Look at Capital One and another hedge fund or two the other week that we know of. I gotta feeling something gives somewhere that leads to new lows, but then again I would as I am the biggest mustard bear known to mankind.
We are looking at US and western countries, but what about China and everywhere else…a shock can come out of one of those.
Right, need to apply for my £10k grant, lol. Be putting it in my trading account if this mustard carries on up.
U mean 40 mn? Bunch of mustards. hoping that back test holds and we sell off in crookshour. Not looking great right now but change in a blink of an eye….
SOrry yes edited it, he said they bought 40mil so far, still need to buy 80mil.
Damn lol…
U mean 40 mn?
Bunch of mustards.
hoping that back test holds and we sell off in crookshour. Not looking great right now but change in a blink of an eye….
Dow transports up less than spoos and dow.
the transports has led this whole move down the last few weeks.
Russell up less too.
Good to see you got it fixed you daft tinkering mustard….
re next week I suspect we’ll have a whole host of grim news so wouldn’t be surprised to see recent lows tested and maybe taken out. I reshorted Friday night.
Looking at the speed that alot of the financial instruments moved in last few weeks, I’d be expecting a tonne of downgrades, bailouts, busts and the like to compound the covid news. Covid is merely a catalyst for what was going to come at some juncture anyway.
Lol I had to short again around lunchtime, and closed for about 30 handles.
Was half expecting the ping after hitting 200dma on spoos. I was damned if I dared go long though….