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03/12/2020 Live Update

ocassional observer
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Re: 03/12/2020 Live Update

Post by ocassional observer »

on October 10th 2008 BPSPX reached its all-time low of 1.6. It is currently at 1.6. The magnitude this time is way bigger, dropping to this value from 12, while then it dropped from 3.6.
QED
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Re: 03/12/2020 Live Update

Post by QED »

ocassional observer wrote:on October 10th 2008 BPSPX reached its all-time low of 1.6. It is currently at 1.6. The magnitude this time is way bigger, dropping to this value from 12, while then it dropped from 3.6.
:shock: :?
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Cobra
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Re: 03/12/2020 Live Update

Post by Cobra »


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Cobra
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Re: 03/12/2020 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

Thank you guys, I'll see you in another thread soon.

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Al_Dente
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Re: 03/12/2020 Live Update

Post by Al_Dente »

tomorrow is friday the 13th :o
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
brokebybernacke2
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Re: 03/12/2020 Live Update

Post by brokebybernacke2 »

Al_Dente wrote:
brokebybernacke2 wrote:
Al_Dente wrote:Liesman, the Fed whisperer: breaking news.....
Obviously, he was not referring to the bounce. Did he say when they would start buying :? ?
announcing a total of $1 trillion in 3-month repos over two days ($500BN today, $500BN tomorrow), as well as an additional $500BN in one-month repos offered weekly
Sigh, 500 billion ain't what it used to be.
ocassional observer
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Re: 03/12/2020 Live Update

Post by ocassional observer »

given the close, I wonder if another circuit break tomorrow morning.
Heck
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Re: 03/12/2020 Live Update

Post by Heck »

Cobra wrote:May test the day low which might not hold, possible mm.
Good call
Heck
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Re: 03/12/2020 Live Update

Post by Heck »

Al_Dente wrote:Liesman, the Fed whisperer: breaking news
Fed to buy $500bln treasurys
and another $500bln
Liesman: “this is massive, massive”
[add: sorry, i just saw that Heck already said this]
All good
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Al_Dente
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Re: 03/12/2020 Live Update

Post by Al_Dente »

equal-weight spy today broke below the december low
312equal weight.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Heck
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Re: 03/12/2020 Live Update

Post by Heck »

MRNA BUYING > 21.28
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