We will see if your target 1 and 2 reaching in September or October
BuckiTrader
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You're crazy if you think Donald Trump is going to let this market fall like that before the election. Absolute pipe dream! All of ypu doomsday shorts are getting your asses handed to ya using Elliott wave garbage theory, etc. You're breaking a cardinal rule. Never fight the FED. This whole Kungflu response was orchestrated because this is an election year and the Democrats are willing to scorch the earth to sabotage Trump's chances at reelection. They'll fail once again though.
smv_fractal
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@BuckiTrader, dude
I don’t know why, when you look at this chart, you put on pink glasses and start singing songs about shit like Elliott, Trump and the feds.
seriously, see your doctor.
hanze
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@smv_fractal, well you can't blame him. I guess shorting is not very popular these days. Sure, it is an election year and Trump will manipulate the market to the death. But there are things beyond Trump and Fed's control, such as COVID-19. The scenario on your chart makes sense, in a normal market. But we are not in a normal market, so not sure what's going to happen. To be honest, not sure what kind of bad news can bring this market down.
smv_fractal
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@hanze, your point of view is more objective than his. many here forget that we gathered here so that everyone can state their personal point of view and show it on the chart and it should be taken as just a point of view. but there are guys who look at the chart and take what they see to their hearts.
conclusion: on the graph, everything is just my point of view and I do not impose it on anyone. my logic is just different from yours, so we see the situation in completely different ways. and our points of view both have a right to life.
hanze
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@smv_fractal, I guess that's why we love the market because people do not agree on price, valuation or trend. There is no absolute right or wrong, just different opinions. Thanks again for sharing your thoughts!