how far could the market go down?

Discussion in 'Trading' started by trend2009, Mar 1, 2020.

  1. Turveyd

    Turveyd

    Which DIP?? there will be many and only after the event will you be aware of which DIP you went to buy??

    Unless you have a never ending money pit which in that case, why bother to trade ??
     
    #31     Mar 1, 2020
  2. KCalhoun

    KCalhoun

    Unless you're long in SQQQ UVXY etc like me.... yippee kayo
     
    #32     Mar 1, 2020
  3. Cuddles

    Cuddles

    NASDAQ futures

    Stupid Friday rally kicked me out of my SQQQs
     
    #33     Mar 1, 2020
    KCalhoun likes this.
  4. Turveyd

    Turveyd

    My chart data is all screwed up, fixed US30 only -700 sorry!!
     
    #34     Mar 1, 2020
  5. KCalhoun

    KCalhoun


    I almost closed too but in small shares on fri so let it ride... was more concerned about TVIX since big range
     
    #35     Mar 1, 2020
  6. hafez50

    hafez50

    We ran 35 pts after the 4 pm close friday so were really only down about 40 pts . Didn't get anywhere near the low of 2858 from friday. Hard to tell here as volatility has died down . Just got to be careful shorting right here as Fed is lurking beneath the surface and we'll surely get a sky if they lower .
     
    #36     Mar 1, 2020
    volente_00 and KCalhoun like this.
  7. Overnight

    Overnight

    Not going to happen. The Fed started raising rates 16 months or so ago and caused the last 20% drop. They are not now going to come in and start cutting because of a "virus" that causes a 10% drop.
     
    #37     Mar 1, 2020
  8. Turveyd

    Turveyd

    I called a YM and NQ roll back down, YM 100pts in 3mins SCAREY!!!

    SLEEP before I do something stupid!!
     
    #38     Mar 1, 2020
  9. hafez50

    hafez50

    I'm saying if we fall to 2800 or so. I'd still rather scalp from the long side than short side here.
     
    #39     Mar 1, 2020
  10. Overnight

    Overnight

    Oi, were you not online Friday? Especially from 3:45 PM into close?
     
    #40     Mar 1, 2020