Re: tsptalk's Market Talk
Quote:
Originally Posted by
tsptalk
Wild swings this morning. Any guesses on whether we close positive or negative today? :fing02: :thumbsdown: ??
Your point of "Gap Filled" made me lock in whatever is left of rally, and assume 200 EMA willl get breached again and might serve as an upward cap before new lows, given virus incertainties, and the fact the Fed rate cut couldn't keep the rally going more than a few pathetic minutes.
Re: tsptalk's Market Talk
I started thinking, HMM, Markets are way up, 2 days in a row, looking good, but there's always Corona? Being a bold ex-rugby player I jumped in at 7:30am. I went back to my intense programming job and I peaked at Marketwatch again at 11:30am. Markets way down disaster looming so I bail. Spring time, markets will bloom again? That is unless Corona spreads, explosively, which may happen?
Re: tsptalk's Market Talk
Quote:
Originally Posted by
dannyboy
I started thinking, HMM, Markets are way up, 2 days in a row, looking good, but there's always Corona? Being a bold ex-rugby player I jumped in at 7:30am. I went back to my intense programming job and I peaked at Marketwatch again at 11:30am. Markets way down disaster looming so I bail. Spring time, markets will bloom again? That is unless Corona spreads, explosively, which may happen?
I would much rather miss a rally (missed a lot in last 3 years) than lose that which I already have
Re: tsptalk's Market Talk
Quote:
Originally Posted by
BamaAF
I would much rather miss a rally (missed a lot in last 3 years) than lose that which I already have
Some of us have done both. :sick:
Re: tsptalk's Market Talk
looks like the market didn't buy into the fed kool-aid this time. Could get extremely nasty
Re: tsptalk's Market Talk
It's fixing to get real bad. I sold all holdings in my personal Roth this morning right after the fed cut rates and the market dropped. I'm in cash all the way around. Now to wait this out and make big money on the way back up.
Im thinking about August? :rolleyes:
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Re: tsptalk's Market Talk
Quote:
Originally Posted by
tsptalk
Wild swings this morning. Any guesses on whether we close positive or negative today? :fing02: :thumbsdown: ??
Yesterday/This morning was only a DEAD CAT BOUNCE.
We are downward bound again.
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Re: tsptalk's Market Talk
I think the turn around will come much sooner. We are an impatient population these days. As soon as the first virus vaccine hits the market, we'll be putting this in the rearview mirror. My guess is the turn around will start by the end of April.
Re: tsptalk's Market Talk
Quote:
Originally Posted by
rangerray
I think the turn around will come much sooner. We are an impatient population these days. As soon as the first virus vaccine hits the market, we'll be putting this in the rearview mirror. My guess is the turn around will start by the end of April.
If you are referring to COVID-19, there won't be a vaccine available to the public any time soon. Most estimates are saying 12-18 months.
Re: tsptalk's Market Talk
I'm mostly in Traditional TSP account, but I do have some in a ROTH started many years ago. I am not exactly sure why having money in a ROTH, during a crisis is way more disastrous than a regular TSP accont?
Re: tsptalk's Market Talk
Quote:
Originally Posted by
James48843
Yesterday/This morning was only a DEAD CAT BOUNCE.
We are downward bound again.
Attachment 45560
Yeah I saw that too.:cool:
Re: tsptalk's Market Talk
Quote:
Originally Posted by
bmneveu
If you are referring to COVID-19, there won't be a vaccine available to the public any time soon. Most estimates are saying 12-18 months.
No, I think that hope begins to creep in by the last of April. Human trials will be well under way and good news (i hope) will bleed into the media.