HPbrand

I'm out of the market for today. I'll watch how this develops and decide when to enter again. Good luck boys.

Probably a good time to close long positions for today. A trap might be coming. Compare with your own trading system for guidance.

I think it is an up day tomorrow. 70% going long tells me the rise is not likely to be excessive. We shall find out.

Client Sentiment Index shows 70% going long on the Dow. They are quite bullish. I wonder if they can beat the odds and be right for once? 🤔 Something tells me they might just get lulled into a sense of security.

I think the Dow is finally getting tired to keep dropping today. Depending on the closing, we can estimate the likelihood of direction for tomorrow at least. Regardless of direction, Dow is likely to kick back and take it more slowly for the rest of the trading week.

We are likely to go lower today when the market opens.

I think anyone betting big positions or slightly over leveraged should watch the markets more closely over night.

Extreme low for Dow is a real possibility. Cannot pinpoint the exact day but the probability is reasonably high for this occurrence. Perhaps I should visit Waddesdon Manor and ask Uncle Jacob what number he had in mind.

My prediction for the Dow tomorrow..... From a psychological point of view, I think tomorrow will be an extremely volatile day. Maybe the most volatile for the rest of this trading week. The markets can get tired too so likely after tomorrow, the following 4 trading days will be less of a rollercoaster. But the following week though.....watch out. 3000-4000 points in a trading day in either direction is quite likely.

Do not do that my friend. The market will outsmart you. When you make some profits, be grateful and exit the markets if you don't have complete confidence in your own trading system. If you do it this way, you will be a winner.

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Going to the strip club for some inspiration. I hope tonight is still open.

I commented before. If you stay on the right side, you will make money. On the wrong side, you will get trapped.

Here we go! lets see how much more to drop.

It went up less than 2000 points since last night and retraces. Lets's see and good luck boys!

This current retracement determines the direction of the Dow going forward. We need to see how violently it drops. If not severe, then maybe extreme level of Dow not likely to occur.

I think we are going to witness possibly a 1000-2000 points move in the Dow in either direction very very soon, maybe next week. If it goes up first, then it could be a 2000-4000 points drop straight after depending how much it shoots up. I hope I'm wrong because this is going to be #%$£&! crazy volatile meaning sleepless nights. Even if it drops that much, it has even further to drop based on my probabilities.

A big move is brewing.....

Have you checked the annual % of deaths from taking otc painkillers? Not far off from this deadly civilisation ending coronavirus.

Haha... the real education comes from losing. Nobody on here who trades real money can win every single trade. We are getting at least 1000- 2000 points a day retracements. Best time to learn from all the scenarios. When all this is over, Dow might end up moving 200-300 points on a slow day like before.

If we all play this game right for the next several weeks, we can all afford to at least upgrade all our toys....and that includes our girlfriends. 😀 Depending on account size, small/big fortunes are waiting for us. Count us full time traders as very lucky. I'm worried for my immediate families stuck with businesses, wiped out investments and endless bills waiting for them.

All I would say for any of you guys open to my suggestions: Fund your account sufficiently. Close all positions at the end of every trading day or don't use too much leverage if keeping positions open overnight. It is almost too likely to expect too big a jump/drop in prices and the markets will halt to trap victims before trying to hit us with an even bigger surprise. Don't get trapped by getting too greedy and chasing the markets. I don't even want to say the extreme low number because even I find it hard to believe. I hope my estimation is wrong 😨

I have a preliminary number for the Dow bottom...and it is not good. I think the number is too extreme for most to digest. Remember I said that most accounts to be wiped out and pretty much everyone to surrender before the rise? I was not joking.

Here we go, surprise is coming after the halt.

There might be a big jump in either direction today to test our nerves. I'm working on the data to revise the new probabilities for the coming weeks. It looks like many traps are being set right now to confuse us.