buy on the bump

[masraum]

Originally Posted by sammyg2

I tried to predict outcomes in the market based on data, real results, and rational thinking.

ROFLMAO!

If you get tired of your day job, maybe you can be the next Eddie Murphy.

https://www.bbc.com/news/explainers-51265169

Now 42, Navinder Sarao is a self-taught stock market trader who helped cause panic in US markets in 2010 from a bedroom in his parents' home in Hounslow, West London.

He was arrested in 2015 for his part in the "flash crash"- in which financial markets briefly plummeted in value. In this case it lasted less than an hour, wiping almost $1tn off shares before markets recovered.

On this index, every time an order was placed to buy or sell, "high frequency traders" - many of them not human but computers running algorithms - would try to make their own trades milliseconds before those orders could be executed. That way, they could be the first to make money from market changes.

Sarao realised that the high frequency traders all used similar software. That made the market twitchy - like a flock of sheep, all moving in the same direction.

His software took advantage of this by placing thousands of orders before quickly cancelling or changing them, once he had created artificial demand for other traders to buy or sell that asset.

This practice - known as "spoofing" - allowed him to make genuine buy or sell orders at a profit as the price swiftly rose or fell.

By feinting one way, he could make the market move in one direction, only for the "Hound" to disappear, nip around the back of the pack and pick up a quick profit, leaving the high frequency traders with nothing.

[sammyg2]

Originally Posted by Sooner or later

Trying to guess the market is a losing proposition. Those brokers and hedge funds have rows of cubicles with people looking at trends and data all day long. As an individual you ain't gotta a chance to out guess em.

Don't be greedy. Have a balanced portfolio that is inline with your risk tolerance and rebalance quarterly.

Truer words have never been written, and I do zackly that with most of the portfolio. But I keep a side account to play with.
The challenge was to see how long it would take to double. And it might have eventually happened if it weren't for that darned Tecate-virus ......

[GG Allin]

I'd personally like to see an S&P 2750, I've still got some retirement chips sitting in cash.

[pmax]

Originally Posted by Sooner or later

Trying to guess the market is a losing proposition.

On the contrary, it's a day trader's wet dream !

[pmax]

Originally Posted by GG Allin

dead bounce.

Will we see the hanging tits formation ? That's the question.

[RWebb]

Originally Posted by sammyg2

the market opened slightly up this morning, but way to early to assume a bottom. I think it might be just a pause on the road to 25,000.
At my age, I'm more than willing to miss potential upside to avoid likely downside.
Besides it's actually kind of cozy under this rock.

did you use a Deere to place that rock?

or a Bobcat?

[tabs]

REPO..REPO...REPO..The FED is at the REPO window with 60B a day..30B to 40B a day is accepted.. but that doesnt scare none of you now does it?

The FED has increased its balance sheet by 500B to a new high of 4.2T..with no end in sight. There is no stopping it now. But th itat dont scare none of you now does it?

Starting in September a lot of economic indicators like the Dry Baltic started to fall off a cliff. But that dont scare none of you of you now does it?

Again there is an inversion of the 10 year Treasury and the 3 month Treasury..with the 10 year hitting all time lows at 1.3% ..but that dont scare none of ypu now does it?

There is apx 15T in negative interest rate bonds out there..But that dont scare none of you now does it?

[jyl]

Month end rebalancing will create some mechanical buying of equity.

[tabs]

Originally Posted by jyl

Month end rebalancing will create some mechanical buying of equity.

And that is all you have to say...

What is going on with the Corona Virus and Equities is that the problem is an external problem to the economy that is effecting Equities. Rather than a SYSTEMIC breakdown where the economy just can not carry on with the debt load and debased currencies. Get rid of Corona and we carry on as before. The real threat is that the economy falls down and can not get back up again.

This ^^^^is called THREADING THE EYE OF THE NEEDLE...

[GG Allin]

Futures looking weak.

[masraum]

[sammyg2]

Tnxp

[tabs]

The firewall is at 3000 on the sp500.

[RWebb]

welcome back blabs

[RWebb]

Originally Posted by sammyg2

Tnxp

Gilead's drug is in clinical trials now

[GG Allin]

Somewhere along the line there's is going to be a buying opportunity.

[Sooner or later]

Originally Posted by GG Allin

Somewhere along the line there's is going to be a buying opportunity.

I don't think we have seen the bottom.

[tabs]

WOW! The last half hour of the SP 500 was better than a E ticket ride at Disney Land...The SP went from apx 3015 to 2978.49 as FEAR WON THE DAY.. There was a see saw battle at 3009 for a few moments as sentiments swayed back and forth...but as stated FEAR WON. Nobody wanted to go long overnight


"The Corona Virus is just the match that lit the fire. Since September of 2019 when the FED started hitting the REPO window adding liquidity on a daily basis there has been fear on the street. Everybody knows that if the FED had to start juicing again it did not bode well, especially after all the kings horses and kings men have tried everything that they can conceive of to get the economy healthy again. That is why the FED is loath to call it QE4."...Some Observer 2/27/20

The pressure is now on the FED to make a move. Lower interest rates, make soothing comments, they are already at the window providing liquidity..So the question become what if the FED move DOES NOT CALM THE WATERS and the FEAR persists?

[sammyg2]

Originally Posted by Sooner or later

I don't think we have seen the bottom.

I got a hunch that it has over-corrected for the tech stuff and will bounce, but sketchy stuff like Boeing and tesla and some others aren't done dropping.

And by hunch I mean I don't have any idea

[Bill Douglas]

As I said local politics have nothing to go with it. coronavirus is GLOBAL.


Here's some sand for some of you guys