Watch for this retrace for a golden short at the point of no return.
72.95m puts for 375 on 3-19-21 bought just after close on Friday. Seems almost like a sure thing, no guarantees, but chances seem in favor of these two marks.
@FibonacciDiPisa what is happening with market. when do you see some light with this market.
All stocks going down.. Is this repeat of Feb-March sell off ?
FibonacciDiPisa
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@nexus65432, check my posts man, i forecasted all...no real relief until July...before then its a fool's buy
nexus65432
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@FibonacciDiPisa with the fed continue to buy back and keeping the interests low till 2023, do u still think this market will to go down ?
Any thoughts after today's fed comments ?
FibonacciDiPisa
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@nexus65432, doesn't matter just an excuse to pump before the dumping...everyone just got stimulus and they are taking all those funds...march 25th the real fun begins...Friday should also be very telling...then April/May it gets really nasty
nexus65432
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@FibonacciDiPisa do you still think S&P will go down ?
S&P is at 396 after recent correction till March 8th, all the stocks started going up..
Now stimulus also arrived, so all will invest in stocks.. which will eventually result in bull market at-least for some time.
Can you please share your thoughts...
FibonacciDiPisa
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@nexus65432, 100% we are going down for april, may and june...sit tight this is a massive bull trap for those thinking 400 is around the corner...july is likely the best time to buy back in
nexus65432
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@FibonacciDiPisa,
Thanks for your thoughts, I also follow your other charts, like this one This shows end of March to mid of May is a correction and some breather and again correction till mid of august.
What factors do you think will lead to this ?
Is this some sector rotation or a correction to all stocks ?
FibonacciDiPisa
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@nexus65432, we have been in correctional waves for several years...we need a correction to the insane government intervention...interest rates going up and/or inflation could be the excuse, but everything is technical...we have hit a trend line decades old and that does not come without consequence