Carving out a floor or a ceiling?

Discussion in 'Trading' started by Buy1Sell2, Sep 29, 2022.

Is the S and P carving out a floor here or a ceiling?

  1. Floor

    4 vote(s)
    50.0%
  2. Ceiling

    4 vote(s)
    50.0%
  1. %%
    OK\
    but unless you built on a concrete slab\+ skipped the subfloor\ no way is the floor the bottom..................................................................
    NOT a prediction + not insured by any federal agency+ main\ medium term trend\ SPY\QQQ\VTWO\DIA = down\down\down\down.
    I considered some cash VTWO, today, but last time i tried that\lost on VTWO;
    + my SDS gained.................................................................:caution::caution:
     
    #11     Sep 30, 2022
  2. schizo

    schizo

    I think the SP will initially break down by x%.
    Then there will be a vicious short squeeze by y%
    This will go on until it doesn't.
    Wash, rinse, repeat.
     
    #12     Sep 30, 2022
    murray t turtle likes this.
  3. %%
    THAT book you were reading by the Forbes Fund manager\ noted a market loss is registered in the same brain place as a life threat\ explains why so many panic sell longs+ mutual funds @ low of year :D:DLOL
    I'm Re\Reading the Bear's Vacation\ by Stan + Jan Bere................................\
    They go surfing waves\Big Bear + little bear\ a Cat in Hat style read\LOL:D:D
    Have to be careful with Cat In Hat books \ are outlawed some places\ any body that can read is a threat to socialism\marixism\communism:caution::caution:
     
    #13     Sep 30, 2022
    schizo likes this.
  4. Buy1Sell2

    Buy1Sell2

    I believe it to be a new ceiling.
     
    #14     Oct 2, 2022
  5. Overnight

    Overnight

    I think you are right. That secret Fed meeting tomorrow is going to rock our world.
     
    #15     Oct 2, 2022
    Buy1Sell2 likes this.
  6. You say that to every, single, news meeting and economic reporting, company releasing numbers......'tomorrow will Rock the World.'
    You resemble the real Jim Cramer/Mad Money show theme and personality and mindset. A lot of hype and excitement, but can't trade.
     
    #16     Oct 2, 2022
  7. Overnight

    Overnight




    Go ahead, fight the Fed, man.
     
    #17     Oct 2, 2022