'morning all. (I hesitate to use the word "good"). I know Buffett and others have been cautioning about the current conditions, and my apologies if a chart like this has been posted before (I read a lot of HC every day, but can't cover EVERYTHING). Anyway, here is a chart of the DJIA. For mine, 8200 is support, and last night the DJIA closed on 8280.
I have been wondering about are the chances of a V-shaped bottom versus a W-shaped bottom (or a WW-shaped bottom etc) for the mess we've been in. Don't know, but I'm starting to think it's a W at least.
Anyway, watching for bounces today. Watching LKO (again! Missed the boat on that one yesterday - but congrats to YT and everyone else who hopped on). Also watching WOW (as posted the other day), and BOW, GDN, FAR, and EXM.
Good luck all, and be safe.
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'morning all. (I hesitate to use the word "good"). I know...
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