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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (10574)	11/1/2020 4:34:23 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 96624

The history doesn't matter. I was not shorting SQ or any other these others on the way up. I posted many times on this board when ZS and CRWD were both below 50 and during March and both tippled. None of that matters going forward. These stocks should have further to fall. Charts look ugly and yes at some pt when the chart breaks valuation can come into play. I'm just using as another data point for clues when broad market/Naz will bottom on this move. Just 1 of many data pts. These stocks were/are over owned and they'll also be used as a source of funds if/when we start to reopen. But doesn't look like anything is happening anytime soon so they'll get bought again, but question is when.