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Day Trader’s Aftermarket Lounge 6 Apr 2020, page-54

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Tony barber

6,295 Posts.

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06/04/20

21:51

Post #: 43914634
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Originally posted by mirren ↑

Yep maybe a way to go - until we have confirmation of the damage -
However = my fav word - it will not be a shock - the white knuckle ride is done -Somewhat - We may undercut the low slightly - but that will be a confirmation to the vultures and bulls that this is over - always the markets - ready to buy the wreckage -

I am bullish by nature - Only time I am a bear is when the futures are pointing 700 points down and peeps are holding o/n -
The one thing that all the punches in the nose I have copped from ignorance or not accepting a break down bar is that - if you have cash - you will survive

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I'm a little different. I believe in leading and lagging indicators.

I think in the USA (for example) there's a massive leading indicator. Infections.
The lagging indicator (deaths) hasn't even started in my opinion.

I think they will completely shut up shop in two weeks.
That will be our lagging market indicator.
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