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Message: Re: Hard to watch
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Oct 27, 2020 01:01PM
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Oct 27, 2020 01:23PM
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Oct 27, 2020 01:50PM
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Oct 27, 2020 02:09PM
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Oct 27, 2020 05:11PM

How low can it go?!  SP is dangerously sitting /trading right at 50 MA, that suppose to be a strong support +/- .10 , if SP will not hold there – then it can go as low as $9, $8, I don’t want to see that.

 All stochastics are screaming oversold. MACD, RCI, etc. But as we know water raises all the boats , so and opposite. Personally I hold core portfolio and small trading one but at this point we all can use  few green days.

Markets look awfull, Covid numbers are clouding investors mind , I think.

A lot of those cases are related to young people who went to school, got sick and got better in next 3 days.  I know kids of my neighbors who did that. It is older folks like me who need to be careful. Politicians plus covid = market overreaction.

Regardless , same way as I was predicting pullback about month ago ($8) – I can see $18 in two month . (US dollars) Good luck everyone.

 

 


Cal
Oct 28, 2020 09:02AM
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