/biz/ - Business & Finance

>>18525803
I do but I have a habit of winging it and disregarding my thoroughly tested and proven effective stuff cause I just have to knife catch sometimes. After losing pretty big on oil longs TWICE in the last six weeks, I think it's time to learn the lesson oil is trying to teach me.

>>17713420
Depends how you define collapse. For S&P, -25% off peak is about $2550. -50% would be $1700. This price action is very bearish but I can't call the bottom or even give a probability of where it might be. The long term post-'08 trend line in log scale is right around today's low. If that breaks I think $2550 is certainly possible just on technicals alone.

Fundamentals are vulnerable as things start to fall apart under extended bearish pressure. Fed can do some stuff but they can't prevent a crash if a crash wants to happen. WHO calling PANDEMIC bad.

>>16692870
Boris better follow through on that Brexit date. January 31st. Do it.