I do not think people dressed appropriately for what is happening on the market today and I'm finding that hilarious.pic.twitter.com/Uu19af1aOr
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I do not think people dressed appropriately for what is happening on the market today and I'm finding that hilarious.pic.twitter.com/Uu19af1aOr
do you think that s&p will tank again and if so when, and what will be the support level?
Yes, I think it's tanking now, and who knows the support level.
I think there's one at 2990, one at 2750-2800, and one all the way down at 1600. I honestly expect it to go to 1600 but through heroic effort it might stay up at like 220
. In my opinion. Question is how fast
kudos to you on that recent successful s&p trade. Don't you think the feds will step in this time?
They're been stepping in with everything, this is a bet against their ability to coordinate effectively enough to deal with the combined systemic disaster.
There are limits, even with certain forms of unlimited powers they actually cannot apply in in arbitrary ways, I think they have a real challenge to keep this stable.
at what levels do you see the VIX moving in the near future. Thanks for your prompt response by the way
I'd be surprised if not well above 40 this week but that's a wild ass guess
can you recommend any accurate newsletters or person(s) you look to for daily s&p updates?
I use the ETrade Power platform and my own Twitter (I follow like 6000 people but some greats on market are @Nouriel @elerianm & @nntaleb on stats) watch bloomberg and usually know about the stories they are reporting on so by backing out their bias I know what they're pushing
Thanks. You're my hero!
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