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02/28/2020 Live Update

Re: 02/28/2020 Live Update

Postby BullBear52x » Fri Feb 28, 2020 1:44 pm

Looking back, we have to ask ourselves, did we take the opportunity in all the last RSI 14 <30 ? if not why not? this is when the blood is all over the street, it's normal to be fearful. I am not bullish just like when I short at the top, I was not bearish, but trend reversal has to start some where, this is one of the possibility zone. just happy rambling :) :roll:
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Re: 02/28/2020 Live Update

Postby BullTart » Fri Feb 28, 2020 1:44 pm

hello my dear friends, after a decade, I'm baaack!! (crickets)

if any OGs here, you may remember me as mr. tvix

good to see this board still up and running!
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Re: 02/28/2020 Live Update

Postby Heck » Fri Feb 28, 2020 1:45 pm

Green ND.1 Mar Futures Leading the Way
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Re: 02/28/2020 Live Update

Postby Cobra » Fri Feb 28, 2020 1:50 pm

BullTart wrote:hello my dear friends, after a decade, I'm baaack!! (crickets)

if any OGs here, you may remember me as mr. tvix

good to see this board still up and running!



Welcome back! I mean you not the black swan of course.

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Re: 02/28/2020 Live Update

Postby BullTart » Fri Feb 28, 2020 1:52 pm

Hahaha... black swan can also be good sir cobra! I see your avatar has not changed since years ago!
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Re: 02/28/2020 Live Update

Postby Al_Dente » Fri Feb 28, 2020 1:56 pm

FLASHBACK:
JANUARY was down -0.16%... “As goes January, so goes the year.”
Oy :roll:
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Re: 02/28/2020 Live Update

Postby Al_Dente » Fri Feb 28, 2020 1:59 pm

DEC/ADV = bears are 4.4x bulls
DNV/UPV = bears are 3x bulls

both down from approximately 12x near open
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Re: 02/28/2020 Live Update

Postby Heck » Fri Feb 28, 2020 2:04 pm

SPY - 15.79 % in 8 days

Lowest since Sep 2019 five months ago

In 8 days market lost 51 % of 14 months of gains from Dec 2018

Good thing it's only funny money

Onward and upward

To infinity and beyond
Last edited by Heck on Fri Feb 28, 2020 2:47 pm, edited 2 times in total.
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Re: 02/28/2020 Live Update

Postby Al_Dente » Fri Feb 28, 2020 2:06 pm

bottom panel, options traders aren't very bullish yet
5min
228first.png.png
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Re: 02/28/2020 Live Update

Postby BullBear52x » Fri Feb 28, 2020 2:16 pm

Next Challenge, so far, bulls are struggling at level one, I am sure bulls will try 5 DMA area soon, that will be a make or break point.
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Re: 02/28/2020 Live Update

Postby BullBear52x » Fri Feb 28, 2020 2:33 pm

I am out, sitting out for now. too weak for my liking.
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Re: 02/28/2020 Live Update

Postby BullBear52x » Fri Feb 28, 2020 2:35 pm

Next buy dip setup.
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Re: 02/28/2020 Live Update

Postby Al_Dente » Fri Feb 28, 2020 2:38 pm

If the FED meets over the weekend and cuts rates, as some expect
Could that backfire on the FED?
Wouldn’t that just give the big guys more easy money to short more stocks?
(Asking for a friend)
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Re: 02/28/2020 Live Update

Postby BullBear52x » Fri Feb 28, 2020 2:41 pm

Al_Dente wrote:If the FED meets over the weekend and cuts rates, as some expect
Could that backfire on the FED?
Wouldn’t that just give the big guys more easy money to short more stocks?
(Asking for a friend)

Tell your friend look at chart, and tell him, his chart is his only friend. :D
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Re: 02/28/2020 Live Update

Postby Al_Dente » Fri Feb 28, 2020 2:43 pm

BullBear52x wrote:
Al_Dente wrote:........(Asking for a friend)

Tell your friend look at chart, and tell him, his chart is his only friend. :D

smarty pants :lol: :lol: :lol:
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Re: 02/28/2020 Live Update

Postby Heck » Fri Feb 28, 2020 2:44 pm

COVID-19 Market Fact Check

SPY - 15.79 % on COVID-19 Fears

Some COVID-19 world facts
Total confirmed cases: More than 83,700
Total deaths: At least 2,859

Global annual Flu deaths other than COVID-19
500,000 deaths

US Annual Flu Deaths other than COVID-19
61,000

US COVID-19 Deaths.....................0

https://www.cdc.gov/mmwr/volumes/69/wr/mm6908e1.htm
Last edited by Heck on Fri Feb 28, 2020 2:52 pm, edited 1 time in total.
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Re: 02/28/2020 Live Update

Postby Heck » Fri Feb 28, 2020 2:45 pm

BullBear52x wrote:Next buy dip setup.


Gotta admire your trading
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Re: 02/28/2020 Live Update

Postby Cobra » Fri Feb 28, 2020 2:49 pm

Too bad, it's a lower high trend reversal. We may now have the range high, now let's see where the range low is, assuming day low for now.
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Re: 02/28/2020 Live Update

Postby BullBear52x » Fri Feb 28, 2020 2:51 pm

one last buy, tight stop, will call it a day if stopped out.
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Postby MrMiyagi » Fri Feb 28, 2020 2:53 pm

Google employee in Zurich tests positive for COVID, market drops. People are out of their minds thinking this is the Black Plague.
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