Fingers crossedI think that stupid tweet this morning legit saved the market today and kept people's hopes up for what a sudden reverse by trump could do for the markets.
but of course after the markets close trump says no to any pause and the white house says no deals likely before Apr 9.
wouldn't be surprised if the bloodbath expected today just happens tomorrow instead.
Could you try that in Engish now? Jeeze Doc, that was like the pharmacist trying to make out the scribble on the percription you wrote.We were due for a bounce, fake news story or not. Bear market rallies happen every single time and in an environment where we went straight down for three days (breaking many records on the velocity of the dump) any decent trader would be looking for a bounce.
If it was that easy to make money in bear markets, we'd all short and get rich. But in bear market rallies, shorts get whipsawed just as much as bulls. It's hard. And the rally may not be over. The greenest days of all time came during the most bearish, fear-ridden days in our history.
But as far as bounces are concerned, today was quite weak.
So...Black Tuesday, just like in 1929.I think that stupid tweet this morning legit saved the market today and kept people's hopes up for what a sudden reverse by trump could do for the markets.
but of course after the markets close trump says no to any pause and the white house says no deals likely before Apr 9.
wouldn't be surprised if the bloodbath expected today just happens tomorrow instead.