PullMyFinger Posted September 8, 2020 Report Share Posted September 8, 2020 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. 🙂 Link to comment Share on other sites More sharing options...
jp6 Posted September 8, 2020 Report Share Posted September 8, 2020 Just now, jp6 said: Bulls need to Hold 27300 on Dow This week or it's going to get Hot. Link to comment Share on other sites More sharing options...
Hobbiewood Posted September 8, 2020 Report Share Posted September 8, 2020 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. Link to comment Share on other sites More sharing options...
Jimi Posted September 8, 2020 Report Share Posted September 8, 2020 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. Link to comment Share on other sites More sharing options...
jp6 Posted September 8, 2020 Report Share Posted September 8, 2020 If bulls can't get traction then Next stop SPX to 3290 Link to comment Share on other sites More sharing options...
DrStool Posted September 8, 2020 Author Report Share Posted September 8, 2020 Strikes me as a poor response off the low. I'm a little surprised there's not more juice. Link to comment Share on other sites More sharing options...
jp6 Posted September 8, 2020 Report Share Posted September 8, 2020 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. Link to comment Share on other sites More sharing options...
DrStool Posted September 8, 2020 Author Report Share Posted September 8, 2020 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. Link to comment Share on other sites More sharing options...
DrStool Posted September 8, 2020 Author Report Share Posted September 8, 2020 Wow. This thing is blowing chunks. Link to comment Share on other sites More sharing options...
DrStool Posted September 8, 2020 Author Report Share Posted September 8, 2020 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. Link to comment Share on other sites More sharing options...
DrStool Posted September 8, 2020 Author Report Share Posted September 8, 2020 My thought would be that we'd need one more rally first. Link to comment Share on other sites More sharing options...
DrStool Posted September 8, 2020 Author Report Share Posted September 8, 2020 Good grief. Link to comment Share on other sites More sharing options...
jp6 Posted September 8, 2020 Report Share Posted September 8, 2020 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. Link to comment Share on other sites More sharing options...
DrStool Posted September 8, 2020 Author Report Share Posted September 8, 2020 What really blows is that I wasn't short this. Which is true of a lot of bears. Which is why it's happening. Link to comment Share on other sites More sharing options...
DrStool Posted September 8, 2020 Author Report Share Posted September 8, 2020 Face ripping rally coming. Link to comment Share on other sites More sharing options...
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