Entire US Market was a meltdown of margin calls from the Hedge...

Entire US Market was a meltdown of margin calls from the Hedge Funds allowing other funds to come in and buy at the lows 3 different times today. Very ugly to watch but good to see market kinda held up but I told you all to turn off the screen for US stocks until Nov 1st if you don't have the stomach for a rollercoaster.

Best news is this is the very first day US Oil trades went from down a ton to up again meaning support might finally be creeping in which is great for every energy stock in the US market, including Cheniere and LNGLY. Hedge funds are finally starting to crack and maybe we can get a normal market soon. That said, Cheniere's CEO did not do himself any favors on Jim Cramer's show with his comments and opinions. He was actually fairly negative in tone and price support IMO.

Anyone buying at this point better have a ton of faith because unless we get some really good results in the US over the next week, we are going to 1800 for a strong test of that support. That means, any strong drop in Cheniere and LNGLY can be bought nearer the end of the month.