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JESS ........TWO BARKS FOR BUY     ONE BARK FOR SELL   ???

That is the 50% retrace for  the Dow and S&P. 

It's the opposite, I don't think I'm cut out for day trading.  I still would have been better off keeping a position open from Christmas, even now.  I zoomed out to the day chart and the overall pictu

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Pershing Square's Ackman told Bloomberg News he's taken off hedges put in place through shorts in the credit market to offset the effects of the coronavirus. His hedge fund used the proceeds to reinvest over the past two weeks in Berkshire Hathaway stock, Lowe's stock, Hilton stock and Starbucks stock.

"That's about the most bullish thing we've done," he said. "We are all long. No shorts, you know, betting on the country.""

 

https://www.investors.com/news/coronavirus-stock-market-crash-top-hedge-funds-buy-amazon-starbucks-alibaba/

 

Any man who is bearish on the United States will go broke.
J P Morgan

Don’t sell American short.

J P Morgan

Never sell a bear on the United States.

J P Morgan

😉

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2 hours ago, dmedin said:

Let's wait and see ...

I ve made money trading Oz $   long and short........  

So one or both must be true:  

1. The end of the world is NIGH  .....   and or.....

2. I ve totally lost the plot and need to be ISOLATED far away from real people....😕💀

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36 minutes ago, dmedin said:

Big bear move underway right now...

I believe we had a B bottom at DJ 18200.  This set up an ABC correction , so pull back to DJ 21500 was the C leg.......I think we ll see a REAL sell off, after this bear squeeze.......Then Buy at the bottom of the trombone around DJ 18000 

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17 minutes ago, cheviot said:

I ve made money trading Oz $   long and short........  

So one or both must be true:  

1. The end of the world is NIGH  .....   and or.....

2. I ve totally lost the plot and need to be ISOLATED far away from real people....😕💀

Enough for a Mcflurry +  sprinkles....If it were open...

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2 minutes ago, dmedin said:

Is this going to be a sustained bouncy-bouncy?  Well I do hope so.

we wondered if that was the bottom on Monday, as I said at the time price is at the mercy of new news and it was hard to see any more new bad news because everything had already been shut down. as ever going with the current flow is all you can do, US indices up 20% since Monday.

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6 minutes ago, dmedin said:

Turns out today was a debbie downer day, bear candle at 6am (hourly chart) followed by confirmation at 7am and down all day since then.  Bummer.

week end and near month and quarter end and given the potential for high volatility over the weekend as of late probably not too surprising.

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