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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (153968)3/6/2020 1:10:38 AM
From: Lazarus1 Recommendation

Recommended By
Pogeu Mahone

  Read Replies (1) | Respond to of 218913
 
well just a few weeks ago folks were wondering how it was that a severely overbought market could continue to run up. Those who thought TSLA was high at $350 saw it go to $420 --- then onward and upward.

Is the market oversold - methinks not nearly so much as it was overbought. And an oversold market can get further oversold.

Young traders witnessing the parabolic upward mover of the market are now getting an education in a parabolic move down.

It's a reckoning.

and an education for many.

I'm just starting to feel better after over a week a sickness. I celebrated with tequila shots, probably not a good idea.

I'm probably more concerned about how a panicky public will behave than the virus itself.

As for the market --- there's plenty of support for the SPX at 2100 - why worry?. Most of my stocks flying under the radar. Some even up today like WFCF -- because who doesnt want to know where their food is coming from?

If need be -- I've got legs and dont have to go all that far to remote and semi-remote retreat properties

my property in a National forest off the grid
.

or out in the desert (another off the grid). Believe it or not my lots are all staked out on the corners.

(credit for pic goes to JPL NASA rocket scientist friend who brought a couple of drones the party)

RED ARROW AT BOTTOM POINTING TO ME OR SOMEONE IN MY PARTY AT THE TIME


I've equipped this foothill property with power, water, & septic

.