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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GoodGord who wrote (140395)3/11/2020 4:50:44 AM
From: GROUND ZERO™1 Recommendation

Recommended By
Mevis

  Read Replies (1) | Respond to of 219352
 
This is crazy, every time I say I'm going to buy, these markets have another big decline...

Maybe if I said 'm going to short this market, then it might actually rally... LOL!!!

GZ



To: GoodGord who wrote (140395)3/11/2020 5:21:26 AM
From: GROUND ZERO™3 Recommendations

Recommended By
GoodGord
Katelew
Mevis

  Read Replies (1) | Respond to of 219352
 
So far, it looks like the plans to control the virus seems comprehensive and appropriate...

I think the next real concern, and it cannot be ignored or dismissed too quickly, is the effect this virus situation is already having on the supply chain of basic goods and therefore the bottom line for many businesses and companies...

While these markets may already have priced in the initial worry about the spread itself, I don't know if it has yet fully priced in the effect on the supply chain and business's bottom line...

We'll see...

The weekly Put/Call ratio has been negative from the top of the market and has captured this entire decline...

GZ