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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (133)	9/17/2020 3:43:15 PM
From: Bull RidaH	1 Recommendation Recommended By yard_man Read Replies (3) \| Respond to of 4394

Lack of follow through on early downside today leads me to believe we'll only see a mid-tine strike on the down fork, somewhere south of 10k next week. That should be enough to induce another trillion in purchases of mortgage-backed securities by the fed, right? What do they own now, 40% of all mortgages? Meanwhile the CDC declared war on Landlords, so the mortgages can't be paid? Looks like maybe the 900 lb gorilla is muscling his way into the landlord business.

To: The Ox who wrote (133)	9/24/2020 10:05:24 AM
From: Bull RidaH	1 Recommendation Recommended By bull_dozer Read Replies (2) \| Respond to of 4394

SPX Update - The recent drop has broken the SPX out of a couple month UP channel, while simultaneously gifting us with a very reliable target for this decline. As noted in the chart, that target is 3032 SPX Cash, which should correlate nicely with a sub 10,000 print on the NDX. The expectation is for a furious rally to begin from this upcoming low around 3032 SPX that will deliver one last substantial high. (Possibly new all-time), before the rollover into a permanent (for most) bear market begins.