Shape of the recovery... V? U? L?

Discussion in 'Trading' started by kmiklas, Apr 13, 2020.

  1. ironchef

    ironchef

    You predicted the top and forecasted a collapse.

    Did you short the market early this year?
     
    #21     Apr 13, 2020
  2. ironchef

    ironchef

    Let's hope it is not a M, with mid March the middle of the M.
     
    #22     Apr 13, 2020
  3. ironchef

    ironchef

    Sir, you don't have to rub it in. :(
     
    #23     Apr 13, 2020
  4. absinthe

    absinthe

    A very, very long L...... Retail has not blown, at least according to the large prime brokers that should know a bit. They said most institutions got fairly flat relatively early but also were expecting them to start reloading once the quarter was over. What's a little weird though is that I can't find a bull anywhere
     
    #24     Apr 14, 2020
  5. S2007S

    S2007S

    Uh ohhhh


    No one has even begun to factor in the collapse in earnings that will be appearing in the nezt 2 years. That alone is going to drop forecasts to levels we haven't seen in years..the s$p was looking at $160 in earnings, do you have any idea what the number is gling to be ? Not even the analysts know and because of that i don't see how anyone could possibly think markets are not done collapsing!!


    Guess this guy is for the letter M

    https://www.cnbc.com/2020/04/14/mark-mobius-on-markets-bottom-investing-coronavirus.html
     
    #25     Apr 14, 2020
  6. S2007S

    S2007S

    speaking of letter recoveries looks like TSLA did a V almost up 100% in the last month.
    I will be shorting this happily in a few more days once it gets past $800, if it does get there of course.
     
    #26     Apr 14, 2020
  7. orbit23

    orbit23

    "What we can safely forecast is that there will be waves of optimism and pessimism along the way, with extremes of buying and selling, that will create meaningful trading opportunity."

    That's very well put IMO.

    https://traderfeed.blogspot.com/2020/04/
     
    #27     Apr 14, 2020
  8. S2007S

    S2007S

    #28     Apr 14, 2020
  9. hafez50

    hafez50

    Tsla,apple,nflx,amzn and on and on. Its like the decline never happened . $7 trillion of cap readded the past 3 weeks.
     
    #29     Apr 14, 2020
  10. S2007S

    S2007S


    Nope, like it never existed. Amazon is up because of the buying everyone is doing from sitting at home with nothing to do.
    Tsla I'm waiting until after earnings to short.
    Nflx up because once again, nothing to do but stream stream stream
    Apple well thats just rallying on the curtails of the other techs since, iphone sales plummeted but no worries its Apple and Apple only goes up
     
    #30     Apr 14, 2020