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Forum - S&P 500 Index - "Spiders - SPY   

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From: mflutie1 (Rep: 23) reply to mflutie1Date: 03/31/2020 15:49
Forum: S&P 500 Index - "Spiders - Msg #21311Thread #674138388 (Rec: 0)
wash-rinse-REPEAT- and learn from history!! posted yesterday's close- Re: jfyi: Nas has not had 2 up days in a row since Feb 11, 12. Even when the markets exploded up 3 day last week, NAS had a down day in the middle..

Waiting for those 2 days followed by a week total of nice calm market movements up for the total. Until then, the bottom has most definitely not been seen yet.
Patterns folks,, 1987, 2008-2009 ...Big dead cat bounces are followed by LOWER LOWS!

Best entry-time area will be mid/late May to beginning of June. From there imNho there will be an amazing economic explosion, which will equal an amazing market move up for the rest of the year. If world events change, my time frame is adjustable a little earlier or later. This is currently 'ballpark".
(expect there will be a 2nd wave coronavirus in the fall, but with so much of the equipment needed to fight it built & in place, and with the experience gained now, it will effect entirely differently from current.



Reply to mflutie1 - Msg #2830019 - 03/30/2020 16:03

jfyi: Nas has not had 2 up days in a row since Feb 11, 12. Even when the markets exploded up 3 day last week, nas had a down day in the middle.
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