#1 ·
Let's get a discussion going over the weekend about what's coming up next week, just to see where everyone stands...🙂
Started by Dennis Sanchez12 · · 👁 5 views · 16 replies
Thomas Martinez67 said:Back to the 4600 mark on Crobex 😍
Matthew Miller55 said:I’m expecting us to hold steady between 4,100 and 4,200 before we see a slide down to 3,800. We might see some fluctuations around the 4,000 mark, but if we lose that 3,800 support, things could drop all the way to 3,200. Honestly, I don't see much upside until the fall rolls around...
Ronald Hayes said:Monday's over, but I’m still buzzing from everything that went down.
What does Tuesday actually have in store for us? A continued recovery? I doubt it. More shedding? Maybe. Smooth sailing through calm waters? Honestly, that's something only the big hedge funds and the top-tier pros can pull off.
For the rest of us, it's just a matter of playing the waiting game and praying for a turnaround.
P.S. I'm taking my lumps right now, but I've got plenty of dry powder ready to go once some decent deals pop up mid-week.
Maria Barnes said:I don't see this as some temporary blip. The issue I’m seeing everywhere—including in myself—is this lingering, misplaced optimism. We’re all just reacting to clear red flags with pure inertia. It feels like we spent way too long riding a bull market, and now the tide has turned.
Personally, I need to stop focusing on how to make a profit and start figuring out how to stop the bleeding over the next six months. I expect the S&P 500 to swing hysterically between desperate hopes for a rally and sheer panic over a total meltdown. Today was a perfect example. Forget earnings reports; the market is being driven by raw uncertainty and emotion right now.
It’ll be interesting to look back in six months and check the charts. Where did we actually end up versus where we thought we were headed? Looking at this forum, I’ve seen far more unearned optimism than unearned pessimism. Truth is, the pessimists are statistically more accurate. 🙂
Until we see actual signs of a recovery, day trading might be a decent way to kill time. 🙂