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Unfulfilled Promise 9/8/20

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6 minutes ago, DrStool said:

Yeah. He's gotten even more famous for his day trading.  

Dave is brash, for sure. He also seems to be devoid of the humility gene. I think ol' Dave might have a tough fall. If he decides to learn how to short around October 5th or so, might be time to go long for a bit. He has forgotten the Four Noble Truths (apologies to the Buddha) of day trading:

"Never was a horse that couldn't be rode,

Never was a rider that couldn't be throwed. 

Never was a sheep that couldn't be shorn,

Never was a day trader that didn't learn the hard way after some early success."

My iambic pentameter and rhyming patterns need a bit of work. 🙂

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10 minutes ago, DrStool said:

Looks like a bottom. Crashes happen when bottoms fail. 

Barely an air gap between the dead cat and the pavement. i.e. low made during the initial opening period 3339, the intraday low thus far 3344 and where we are now 3367.

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20 minutes ago, PullMyFinger said:

Dave is brash, for sure. He also seems to be devoid of the humility gene. I think ol' Dave might have a tough fall. If he decides to learn how to short around October 5th or so, might be time to go long for a bit. He has forgotten the Four Noble Truths (apologies to the Buddha) of day trading:

"Never was a horse that couldn't be rode,

Never was a rider that couldn't be throwed. 

Never was a sheep that couldn't be shorn,

Never was a day trader that didn't learn the hard way after some early success."

My iambic pentameter and rhyming patterns need a bit of work. 🙂

 

The arc of the linguistic universe is long, but it bends toward poetry. 

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8 minutes ago, DrStool said:

Strikes me as a poor response off the low.  I'm a little surprised there's not more juice. 

Normal Erection from Bull is missing. Maybe bull has no Cash only margin calls.

call 911 see fed can supplies more reserves.

 

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2-3 day cycle projection still looks 3330. No 5 day cycle projection.  If they do get to 3330, then the 5 day could be 3260. 

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If this thing crashes here, I would absolutely have not seen it coming. There's just no precedent for it, immediately off a top without massive momentum loss first. 

 

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Back in good Old days (Y2K). 10 pages by now. everyone will be waiting for Mark to market after the close

No one is expecting Bull to die of Old age. 

 

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