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Old 04-07-2020, 01:01 PM
 
3,372 posts, read 1,566,666 times
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Quote:
Originally Posted by Richard818 View Post
heart84 where do you see the 10yr going both during the moonshot then the bust?

Richard, I think it can get back to 1.5+ on the way up and down to .25- on the way down.

 
Old 04-07-2020, 01:03 PM
 
30,065 posts, read 18,674,911 times
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Quote:
Originally Posted by heart84 View Post
Thank you. If you are referring to the DOW I think we could see a manic climax in the 30K-35K range.
Usually the rebound never breeches the previous high before falling again. I doubt we will see Dow 30,000 before the real fall comes. Nonetheless, it could certainly go much higher than current levels on the "sucker's rally".

I just hope that not too many people are hurt by this rally and throw in the kitchen sink, only to get whipsawed again. I would hope that these are just traders making a short term profit and killing the shorts (who have it coming anyway).
 
Old 04-07-2020, 01:14 PM
 
545 posts, read 192,582 times
Reputation: 464
Guys keep thinking this is the Sucker's Rally. The Sucker's Rally already passed.

If you are sitting out of the markets, you are missing a portion of the recovery back up.
 
Old 04-07-2020, 01:18 PM
 
790 posts, read 504,692 times
Reputation: 519
Quote:
Originally Posted by heart84 View Post
Richard, I think it can get back to 1.5+ on the way up and down to .25- on the way down.
Thank you heart.
 
Old 04-07-2020, 01:21 PM
 
3,372 posts, read 1,566,666 times
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Quote:
Originally Posted by hawkeye2009 View Post

I just hope that not too many people are hurt by this rally and throw in the kitchen sink, only to get whipsawed again. I would hope that these are just traders making a short term profit and killing the shorts (who have it coming anyway).

Hawkeye, yes, someone asked me on this forum about this topic on the move from 18K-22K. At +/-22K they asked me if it was a buying opportunity. I said it depended if they were a shorter-term trader or looking at the longer-term. Shorter-term traders made/will make money off this manic up action from 18K. Longer-term traders will get burned further here in the bust. I think a lot of longer-term investors are still on the sidelines and will jump back in with further manic up action. They will be destroyed even further in the bust. After the bust I don't think we will revisit highs for 10+ years.
 
Old 04-07-2020, 01:33 PM
 
Location: MD
5,984 posts, read 3,459,091 times
Reputation: 4091
Quote:
Originally Posted by Ambitious994 View Post
Guys keep thinking this is the Sucker's Rally. The Sucker's Rally already passed.

If you are sitting out of the markets, you are missing a portion of the recovery back up.

You were being too pessimistic on the way down, and now you're being too optimistic on the way up.


Like I said before, anyone who thinks we have or haven't seen the bottom is fooling themselves.


This is what is certain at this point:
 
Old 04-07-2020, 01:35 PM
 
545 posts, read 192,582 times
Reputation: 464
Quote:
Originally Posted by Shalop View Post
You were being too pessimistic on the way down, and now you're being too optimistic on the way up.


Like I said before, anyone who thinks we have or haven't seen the bottom is fooling themselves.



This is what is certain at this point:
Yes, but the difference is that I'm in the market
 
Old 04-07-2020, 02:14 PM
 
3,072 posts, read 1,302,554 times
Reputation: 1755
Quote:
Originally Posted by Shalop View Post
You were being too pessimistic on the way down, and now you're being too optimistic on the way up.


Like I said before, anyone who thinks we have or haven't seen the bottom is fooling themselves.


This is what is certain at this point:
There’s no way we are going below 19K again. None.
 
Old 04-07-2020, 02:25 PM
 
468 posts, read 426,411 times
Reputation: 424
Quote:
Originally Posted by BELMO45 View Post
There’s no way we are going below 19K again. None.
This will be fun to reference in a month.
 
Old 04-07-2020, 02:32 PM
 
3,771 posts, read 1,524,965 times
Reputation: 2213
Quote:
Originally Posted by BELMO45 View Post
There’s no way we are going below 19K again. None.
please share what you are basing this on.
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