Thread: Whipsaw's Account Talk

I just discovered that detailed IFT notifications show up in the 'Correspondence from the TSP' section of the TSP.gov site. Who knew?

Nice move.

You missed the CRASH of 2020.

Ruh roh!

C is at support where the decline stopped yesterday, S a little lower... will it hold?

Bounce at support... at the moment anyway (@#%&$ 1200 cut off )

Holding position, see what tomorrow brings.

Holy smack upside the head, Batman! It all looked so good yesterday... support, futures up this morning... now the butt kicking!

Futures look to be recovering since early this morning (~3am), some profits being reported at the time; oversold bounce today? Outlooks are for the virus to impact several sectors. One article opined the bloodbath is a reaction not only to the corona virus but to Sanders being in the running for the dem ticket. I didn't think that would be an issue until the nomination was settled and the real campaigning began. Hmmmmm... may exit today, hopefully on some strength. New IFTs on Monday.

Originally Posted by Whipsaw

Futures look to be recovering since early this morning (~3am), some profits being reported at the time; oversold bounce today? Outlooks are for the virus to impact several sectors. One article opined the bloodbath is a reaction not only to the corona virus but to Sanders being in the running for the dem ticket. I didn't think that would be an issue until the nomination was settled and the real campaigning began. Hmmmmm... may exit today, hopefully on some strength. New IFTs on Monday.

Futures jumped higher when news broke that Pres Trump would address the nation tonight and that he would have CDC health folks on with him. I will assume that is to counter the news from yesterday that came out saying the CDC expects the virus to spread. CNBC noted that he wasn't happy with the panic selling that has happened. I also assume that is why Mr. Kudlow was on yesterday telling everyone things are awesome with the economy. I suppose we will see if folks believe everything is great and this bounces or if the virus does hit as the CDC said yesterday. Place you bets folks the ball has started spinning around the wheel.

Originally Posted by quabit

Futures jumped higher when news broke that Pres Trump would address the nation tonight and that he would have CDC health folks on with him. I will assume that is to counter the news from yesterday that came out saying the CDC expects the virus to spread. CNBC noted that he wasn't happy with the panic selling that has happened. I also assume that is why Mr. Kudlow was on yesterday telling everyone things are awesome with the economy. I suppose we will see if folks believe everything is great and this bounces or if the virus does hit as the CDC said yesterday. Place you bets folks the ball has started spinning around the wheel.

It does seem that this is being blown out of proportion, for whatever reason, in relation to the generic flu (numbers aren't as bad, symptoms seem similar if not less severe). Maybe the CDC is subject to the same hype as the weather now...

There is this...

Why one quantitative analyst says stocks may have seen their ‘darkest day’

https://www.marketwatch.com/story/wh...?mod=home-page

Nice pop at the open, wouldn't a snap-back rally be nice?